401 W Shoreline Dr UNIT 236,Sandusky,OH,44870

Investment Highlights

Rental property for sale in Sandusky at 401 W Shoreline Dr UNIT 236, Sandusky, OH, 44870 generates $2,006/mo in rent and, after a $1,463/mo payment, leaves $40/mo in cash flow. Total monthly income is $2,006/mo, and annual cash flow is $476/yr on $99,119 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 8.05% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 105.93% and total cumulative return in cash sums $104,998. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,006/mo property income rather than buyer’s personal income.