8110 Lake Rd NEMillersportOH43046
Nearby investment properties with comparable rents
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 Millersport at 8110 Lake Rd NE, Millersport, OH, 43046 at $399,900 posts ROI 21.48% with $174/mo cash flow from $2,804/mo rent. Total monthly income equals $2,804/mo, and annual cash flow records $2,086/yr on $132,567 to close. Return on cash invested measures 21.48% and rental yield reads 8.41% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 111.79% and total cumulative return in cash totals $148,196.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,804/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43046, Millersport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,061 (62.1%) |
| Renter Occupied HU | 311 (18.2%) |
| Vacant Housing Units | 336 (19.7%) |
| Median Home Value | $377,448 |
| Average Home Value | $429,630 |
Housing Distribution
Address Breakdown
Residential
1,324
Single Family
1,324
Multi-Family
0
Businesses
99
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Nearby investment properties with comparable prices
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