527 N Locust StOak HarborOH43449
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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 Oak Harbor at 527 N Locust St, Oak Harbor, OH, 43449 with 5% annual appreciation on a $189,900 basis while $1,759/mo rent supports operations. Total monthly income totals $1,759/mo and a $929/mo payment preserves $510/mo for cash returns. Annual cash flow comes to $6,124/yr on $62,952 deployed, and return on cash invested reaches 29.64% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 11.12%. Five-year ROI measures 155.56% and total cumulative return in cash totals $97,925.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,759/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1895
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43449, Oak Harbor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,850 (64.6%) |
| Renter Occupied HU | 687 (15.6%) |
| Vacant Housing Units | 878 (19.9%) |
| Median Home Value | $206,961 |
| Average Home Value | $255,768 |
Housing Distribution
Address Breakdown
Residential
3,988
Single Family
3,842
Multi-Family
146
Businesses
218
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Listed by: Cherie Salazar • Howard Hanna
Mls Name: NORIS
Mls ID: #10001691