505 E Stoneplace Dr,Sandusky,OH,44870

Investment Highlights

Rental property for sale in Sandusky at 505 E Stoneplace Dr, Sandusky, OH, 44870 offers $2,957/mo rent that, after a $2,056/mo payment, leaves $194/mo cash flow. Total monthly income is $2,957/mo, and annual cash flow is $2,328/yr on $139,230 cash. Return on cash invested measures 21.58% in year one, and rental yield stands at 8.45% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 112.3% and total cumulative return in cash reaches $156,355. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,957/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.