516 E Yeasting 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
Rental property for sale in Gibsonburg at 516 E Yeasting St, Gibsonburg, OH, 43431 generates $1,313/mo in rent, after a $1,121/mo payment. Total monthly income is $1,313/mo. Return on cash invested sits at 16.85% in year one, and rental yield is 6.88% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 86.99% and total cumulative return in cash sums $66,041. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,313/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.34 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl K. Wendt • Wendt Key Team Realty Ltd
Mls Name: NORIS
Mls ID: #10000402