6405 Teal BndOak HarborOH43449
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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
Rental property for sale in Oak Harbor at 6405 Teal Bnd, Oak Harbor, OH, 43449 generates $1,080/mo in rent, after a $842/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 18.82% in year one, and rental yield is 7.53% on a $172,000 entry. Equity gained on principal adds $1,110/yr, while 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 97.57% and total cumulative return in cash sums $55,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No 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
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Listed by: Kyle M. Recker • Howard Hanna - Port Clinton
Mls Name: Firelands MLS
Mls ID: #20250994
Disclaimer: Listing information is deemed reliable, but not guaranteed.