401 W Shoreline Dr Unit 109SanduskyOH44870
INVESTMENT ANALYSIS
Investment Verdict
Solid Income401 W Shoreline Dr Unit 109, Sandusky, OH, 44870 in Sandusky carries a 1.56 coverage ratio, rent of $1,709/mo is 1.56 times the $1,095/mo payment. Rental yield 8.42%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $243,500 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $67,275; total projected cumulative return: $99,699.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $(199) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,709 |
| Total Monthly Debt Service | $1,505 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
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
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices