414 N Church StOak HarborOH43449
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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
Investment Highlights
Investment property for sale in Oak Harbor at 414 N Church St, Oak Harbor, OH, 43449 uses $61,692 cash to close to unlock $10,557/yr annual cash flow and $880/mo monthly cash flow. Total monthly income runs $2,104/mo, and a $911/mo payment keeps the spread at $880/mo. Purchase price stands at $186,100, and rental yield measures 13.57% with $2,104/mo rent. Return on cash invested shows 37.02% in year one, and 5% annual appreciation builds toward $51,416 over five years. Five-year ROI reaches 195.14% and total cumulative return in cash records $120,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,104/mo property income covering a $911/mo payment rather than investor’s personal income.
Single Family
Built in 1910
7,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43449, Oak Harbor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,850 (64.6%) |
| Renter Occupied HU | 687 (15.6%) |
| Vacant Housing Units | 878 (19.9%) |
| Median Home Value | $206,961 |
| Average Home Value | $255,768 |
Housing Distribution
Address Breakdown
Residential
3,988
Single Family
3,842
Multi-Family
146
Businesses
218
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Listed by: Douglas J. Everett • Keller Williams Citywide-PC
Mls Name: Firelands MLS
Mls ID: #20243530
Disclaimer: Listing information is deemed reliable, but not guaranteed.