403 Cherry AveLakeside MarbleheadOH43440
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Lakeside Marblehead at 403 Cherry Ave, Lakeside Marblehead, OH, 43440 at $629,000 posts ROI 3.29% with from $1,366/mo rent. Total monthly income equals $1,366/mo. Return on cash invested measures 3.29% and rental yield reads 2.61% at the current $629,000. Equity gained on principal adds $4,059/yr, and 5% annual appreciation supports $173,781 by year five. Five-year ROI prints 14.45% and total cumulative return in cash totals $29,913. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,366/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
2,474 sqft lot
$N/A/sqft
$361 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43440, Lakeside Marblehead, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 1,948 (28.7%) |
| Renter Occupied HU | 366 ( 5.4%) |
| Vacant Housing Units | 4,472 (65.9%) |
| Median Home Value | $290,345 |
| Average Home Value | $375,601 |
Housing Distribution
Address Breakdown
Residential
4,986
Single Family
4,248
Multi-Family
738
Businesses
230
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Listed by: Kimberly Redfern • Street Sotheby's International
Mls Name: Firelands MLS
Mls ID: #20251262
Disclaimer: Listing information is deemed reliable, but not guaranteed.