47 E Bass CirMarbleheadOH43440
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 Marblehead at 47 E Bass Cir, Marblehead, OH, 43440 priced at $146,900 converts $1,598/mo rent into $275/mo cash flow after a $719/mo obligation. Total monthly income equals $1,598/mo, and annual cash flow totals $3,297/yr on $48,697 invested. Return on cash invested prints 26.68% in year one, and rental yield reads 13.05% against a $146,900 entry. Equity gained on principal adds $948/yr, while 5% annual appreciation compiles into $40,586 by year five. Five-year ROI reaches 142.88% and total cumulative return in cash sums $69,581. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,598/mo property income covering a $719/mo payment, not borrower’s personal income.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
$357 monthly 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: Jeffrey J Szemplak • Professional Realty Invest. Group
Mls Name: MLS Now
Mls Provider:
Mls ID: #5128696
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