765 Riverside Dr, Vermilion, OH, 44089 | 5.81% Rental Yield

Recently Sold

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Vermilion at 765 Riverside Dr, Vermilion, OH, 44089 generates $1,656/mo in rent, after a $1,674/mo payment. Total monthly income is $1,656/mo. Return on cash invested sits at 13.62% in year one, and rental yield is 5.81% on a $342,000 entry. Equity gained on principal adds $2,207/yr, while 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 69.68% and total cumulative return in cash sums $78,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,656/mo property income rather than buyer’s personal income.

Single Family

Built in 1955

0.32 Acres lot

$N/A/sqft

No HOA