5491 E Center LnPort ClintonOH43452
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 Port Clinton at 5491 E Center Ln, Port Clinton, OH, 43452 offers a 8.09% rental yield on a $215,000 purchase with $1,450/mo rent. Total monthly income registers $1,450/mo, and a $1,052/mo payment leaves $36/mo available for distribution. Annual cash flow reaches $433/yr on $71,273 to close, and return on cash invested stands at 20.52% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 106.68% and total cumulative return in cash at $76,033. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,450/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
4,273 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43452, Port Clinton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,612 (100%) |
| Owner Occupied HU | 4,802 (45.3%) |
| Renter Occupied HU | 1,547 (14.6%) |
| Vacant Housing Units | 4,263 (40.2%) |
| Median Home Value | $218,954 |
| Average Home Value | $293,088 |
Housing Distribution
Address Breakdown
Residential
8,720
Single Family
8,149
Multi-Family
571
Businesses
738
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle M. Recker • Howard Hanna - Port Clinton
Mls Name: Firelands MLS
Mls ID: #20254749