409 W Water St, Sandusky, OH, 44870 | 7.26% Rental Yield

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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

Investment property for sale in Sandusky at 409 W Water St, Sandusky, OH, 44870 offers a 7.26% rental yield on a $479,000 purchase with $2,896/mo rent. 97% in year one. Equity gained on principal adds $3,091/yr while 5% annual appreciation supports $132,339 over five years. Portfolio math shows five-year ROI at 82.99% and total cumulative return in cash at $131,775. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,896/mo property income against a $2,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2019

N/A lot

$N/A/sqft

$800 quarterly HOA