818 Salem DrHuronOH44839
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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
Rental property for sale in Huron at 818 Salem Dr, Huron, OH, 44839 priced at $258,900 pairs $2,374/mo rent with $657/mo cash flow after a $1,267/mo payment. Total monthly income equals $2,374/mo, and annual cash flow comes to $7,884/yr on $85,825 invested. Return on cash invested is 29.1% in year one, and rental yield stands at 11% on a $258,900 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,529 by year five. Five-year ROI measures 152.73% and total cumulative return in cash reaches $131,084. For financing, Ziffy Mortgage’s DSCR program evaluates $2,374/mo property income against a $1,267/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
10,001 sqft lot
$N/A/sqft
$170 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44839, Huron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,767 (100%) |
| Owner Occupied HU | 4,334 (64.0%) |
| Renter Occupied HU | 1,088 (16.1%) |
| Vacant Housing Units | 1,345 (19.9%) |
| Median Home Value | $277,979 |
| Average Home Value | $291,248 |
Housing Distribution
Address Breakdown
Residential
5,963
Single Family
5,624
Multi-Family
339
Businesses
397
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