6485 E Harbor Rd #38Lakeside MarbleheadOH43440
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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
Investment property for sale in Lakeside Marblehead at 6485 E Harbor Rd #38, Lakeside Marblehead, OH, 43440 listed at $512,000 pairs $3,217/mo rent with a $2,506/mo payment. Total monthly income runs $3,217/mo. Return on cash invested measures 18.99% in year one, and rental yield registers 7.54% at a $512,000 basis. Equity gained on principal adds $3,304/yr, and annual property appreciation at 5% supports $141,456 by year five. Five-year ROI tracks 98.4% and total cumulative return in cash totals $165,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,217/mo property income relative to a $2,506/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43440, Lakeside Marblehead, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 1,948 (28.7%) |
| Renter Occupied HU | 366 ( 5.4%) |
| Vacant Housing Units | 4,472 (65.9%) |
| Median Home Value | $290,345 |
| Average Home Value | $375,601 |
Housing Distribution
Address Breakdown
Residential
4,986
Single Family
4,248
Multi-Family
738
Businesses
230
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Listed by: Kelli A. Jenkins • Century 21 Bolte Real Estate
Mls Name: Firelands MLS
Mls ID: #20252020
Disclaimer: Listing information is deemed reliable, but not guaranteed.