513 W Stevenson StGibsonburgOH43431
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
Investment property for sale in Gibsonburg at 513 W Stevenson St, Gibsonburg, OH, 43431 at $209,900 posts ROI 26.49% with $382/mo cash flow from $1,762/mo rent. Total monthly income equals $1,762/mo, and annual cash flow records $4,580/yr on $69,582 to close. Return on cash invested measures 26.49% and rental yield reads 10.07% at the current $209,900. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 by year five. Five-year ROI prints 138.67% and total cumulative return in cash totals $96,488.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,762/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43431, Gibsonburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,892 (100%) |
| Owner Occupied HU | 1,342 (70.9%) |
| Renter Occupied HU | 415 (21.9%) |
| Vacant Housing Units | 135 ( 7.1%) |
| Median Home Value | $183,120 |
| Average Home Value | $218,156 |
Housing Distribution
Address Breakdown
Residential
1,830
Single Family
1,761
Multi-Family
69
Businesses
107
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Listed by: Alex M Johnson • Weichert-Morgan Realty Grp
Mls Name: NORIS
Mls ID: #10000253