9213 E Northshore 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 9213 E Northshore Blvd, Lakeside Marblehead, OH, 43440 uses $142,214 cash to close to unlock $1,474/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $2,945/mo, and a $2,100/mo payment keeps the spread at $123/mo. Purchase price stands at $429,000, and rental yield measures 8.24% with $2,945/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 108.9% and total cumulative return in cash records $154,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,945/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 2019
9,936 sqft lot
$N/A/sqft
No 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: Kimberly Redfern • Street Sotheby's International
Mls Name: Firelands MLS
Mls ID: #20254562