6149 Olde Eight RdPeninsulaOH44264
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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 Peninsula at 6149 Olde Eight Rd, Peninsula, OH, 44264 earns $409/mo cash flow from $3,895/mo rent with a $2,594/mo payment. Total monthly income totals $3,895/mo, and annual cash flow totals $4,906/yr on $174,370 capital. ROI tracks 22.87% on current figures, and rental yield reads 8.82% at a $530,000 purchase. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 over five years. Five-year ROI reaches 119.21% and total cumulative return in cash sums $207,871. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,895/mo property income instead of your personal income.
Single Family
Built in 2005
1.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44264, Peninsula, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,491 (100%) |
| Owner Occupied HU | 953 (63.9%) |
| Renter Occupied HU | 444 (29.8%) |
| Vacant Housing Units | 94 ( 6.3%) |
| Median Home Value | $389,759 |
| Average Home Value | $433,258 |
Housing Distribution
Address Breakdown
Residential
1,412
Single Family
1,309
Multi-Family
103
Businesses
161
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Listed by: Jessica L Elzholz • RE/MAX Crossroads Properties
Mls Name: MLS Now
Mls Provider:
Mls ID: #5070447
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