423 Fulton StPt ClintonOH43452
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
Rental property for sale in Pt Clinton at 423 Fulton St, Pt Clinton, OH, 43452 generates $1,800/mo in rent and, after a $1,219/mo payment, leaves $162/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $1,942/yr on $82,544 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 8.67% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 115.98% and total cumulative return in cash sums $95,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43452, Port Clinton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,612 (100%) |
| Owner Occupied HU | 4,802 (45.3%) |
| Renter Occupied HU | 1,547 (14.6%) |
| Vacant Housing Units | 4,263 (40.2%) |
| Median Home Value | $218,954 |
| Average Home Value | $293,088 |
Housing Distribution
Address Breakdown
Residential
8,720
Single Family
8,149
Multi-Family
571
Businesses
738
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex M Johnson • Weichert-Morgan Realty Grp
Mls Name: NORIS
Mls ID: #10000568