628 Hancock St,Sandusky,OH,44870

Investment Highlights

Rental property for sale in Sandusky at 628 Hancock St, Sandusky, OH, 44870 offers $1,585/mo rent that, after a $582/mo payment, leaves $803/mo cash flow. Total monthly income is $1,585/mo, and annual cash flow is $9,632/yr on $39,449 cash. Return on cash invested measures 44.33% in year one, and rental yield stands at 15.98% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 234.3% and total cumulative return in cash reaches $92,429. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,585/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.