8051 E Lake BlvdLakeside MarbleheadOH43440
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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 Lakeside Marblehead at 8051 E Lake Blvd, Lakeside Marblehead, OH, 43440 earns from $3,277/mo rent with a $5,678/mo payment. Total monthly income totals $3,277/mo. ROI tracks 5.81% on current figures, and rental yield reads 3.39% at a $1,160,000 purchase. Equity gained on principal adds $7,485/yr, and 5% annual appreciation supports $320,487 over five years. Five-year ROI reaches 27.91% and total cumulative return in cash sums $104,897. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,277/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$2,468 annually 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: Kenneth S. Spero • Howard Hanna - Catawba
Mls Name: Firelands MLS
Mls ID: #20242950
Disclaimer: Listing information is deemed reliable, but not guaranteed.