6463 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
Investment property for sale in Oak Harbor at 6463 Teal Bnd, Oak Harbor, OH, 43449 listed at $139,900 pairs $1,094/mo rent with a $685/mo payment. Total monthly income runs $1,094/mo. Return on cash invested measures 19.41% in year one, and rental yield registers 9.38% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 102.5% and total cumulative return in cash totals $47,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,094/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
N/A lot
$N/A/sqft
$578 quarterly 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: Lisa H. Deuschle • Street Sotheby's Intern. - Cat
Mls Name: Firelands MLS
Mls ID: #20251231
Disclaimer: Listing information is deemed reliable, but not guaranteed.