9825 W Locust Point RdOak HarborOH43449
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 Oak Harbor at 9825 W Locust Point Rd, Oak Harbor, OH, 43449 listed at $485,000 pairs $1,409/mo rent with a $2,374/mo payment. Total monthly income runs $1,409/mo. Return on cash invested measures 6.61% in year one, and rental yield registers 3.49% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 32.05% and total cumulative return in cash totals $51,530. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,409/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
6,638 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43449, Oak Harbor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,850 (64.6%) |
| Renter Occupied HU | 687 (15.6%) |
| Vacant Housing Units | 878 (19.9%) |
| Median Home Value | $206,961 |
| Average Home Value | $255,768 |
Housing Distribution
Address Breakdown
Residential
3,988
Single Family
3,842
Multi-Family
146
Businesses
218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheri Chalfin • Keller Williams Realty Elevate
Mls Name: NORIS
Mls ID: #6133001