401 W Shoreline Dr, Sandusky, OH, 44870 | 6.53% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Sandusky at 401 W Shoreline Dr, Sandusky, OH, 44870 offers $1,846/mo rent that, after a $1,659/mo payment. Total monthly income is $1,846/mo. Return on cash invested measures 15.81% in year one, and rental yield stands at 6.53% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 81.4% and total cumulative return in cash reaches $91,480. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,846/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA