4992 Lake Forest DrPeninsulaOH44264
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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
Total monthly income runs $1,054/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 2.59% with $1,054/mo rent. Return on cash invested shows 3.9% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 17.51% and total cumulative return in cash records $28,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,054/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 2011
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44264, Peninsula, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,491 (100%) |
| Owner Occupied HU | 953 (63.9%) |
| Renter Occupied HU | 444 (29.8%) |
| Vacant Housing Units | 94 ( 6.3%) |
| Median Home Value | $389,759 |
| Average Home Value | $433,258 |
Housing Distribution
Address Breakdown
Residential
1,412
Single Family
1,309
Multi-Family
103
Businesses
161
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