520 W Hicks 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
Investment property for sale in Upper Sandusky at 520 W Hicks St, Upper Sandusky, OH, 43351 uses $40,443 cash to close to unlock $2,900/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,044/mo, and a $597/mo payment keeps the spread at $242/mo. Purchase price stands at $122,000, and rental yield measures 10.27% with $1,044/mo rent. Return on cash invested shows 27.08% in year one, and 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 141.86% and total cumulative return in cash records $57,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,044/mo property income covering a $597/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10,450 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: Regina Vent • Regina Vent Realty
Mls Name: NORIS
Mls ID: #6117918
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.