7385 W Toussaint Club RdOak 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 7385 W Toussaint Club Rd, Oak Harbor, OH, 43449 offers a 10.46% rental yield on a $140,000 purchase with $1,220/mo rent. Total monthly income registers $1,220/mo, and a $685/mo payment leaves $299/mo available for distribution. Annual cash flow reaches $3,592/yr on $46,410 to close, and return on cash invested stands at 27.65% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 144.95% and total cumulative return in cash at $67,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,220/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.68 Acres 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: Chassey Miller • Century 21 Bolte Real Estate
Mls Name: Firelands MLS
Mls ID: #20254488