6310 N Harris Harbor DrOak HarborOH43449
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
Rental property for sale in Oak Harbor at 6310 N Harris Harbor Dr, Oak Harbor, OH, 43449 offers $1,248/mo rent that, after a $636/mo payment, leaves $249/mo cash flow. Total monthly income is $1,248/mo, and annual cash flow is $2,992/yr on $43,062 cash. Return on cash invested measures 26.86% in year one, and rental yield stands at 11.53% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 142.17% and total cumulative return in cash reaches $61,219. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,248/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$144 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bernie Hammer • Howard Hanna
Mls Name: NORIS
Mls ID: #6122135
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.