511 W Johnson StUpper SanduskyOH43351
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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
Rental property for sale in Upper Sandusky at 511 W Johnson St, Upper Sandusky, OH, 43351 priced at $135,000 converts $2,273/mo rent into $1,373/mo cash flow after a $661/mo obligation. Total monthly income equals $2,273/mo, and annual cash flow totals $16,471/yr on $44,753 invested. Return on cash invested prints 56.71% in year one, and rental yield reads 20.2% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 300.88% and total cumulative return in cash sums $134,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,273/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1909
9,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43351, Upper Sandusky, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,563 (100%) |
| Owner Occupied HU | 2,951 (64.7%) |
| Renter Occupied HU | 1,271 (27.9%) |
| Vacant Housing Units | 341 ( 7.5%) |
| Median Home Value | $196,456 |
| Average Home Value | $243,905 |
Housing Distribution
Address Breakdown
Residential
4,458
Single Family
4,161
Multi-Family
297
Businesses
453
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Listed by: Kathie Jo Van Horn • ERA Geyer-Noakes Realty Group
Mls Name: NORIS
Mls ID: #6115168
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.