5605 W Lake Rd #153VermilionOH44089
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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 Vermilion at 5605 W Lake Rd #153, Vermilion, OH, 44089 earns from $2,232/mo rent with a $5,751/mo payment. Total monthly income totals $2,232/mo. ROI tracks 0.21% on current figures, and rental yield reads 2.28% at a $1,175,000 purchase. Equity gained on principal adds $7,582/yr, and 5% annual appreciation supports $324,631 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,232/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$900 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jen Skvarch • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5070330
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