Hanover Plan, SanduskyMilanOH44846
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
Rental property for sale in Milan at Hanover Plan, Sandusky, Milan, OH, 44846 priced at $289,650 pairs $2,632/mo rent with $726/mo cash flow after a $1,418/mo payment. Total monthly income equals $2,632/mo, and annual cash flow comes to $8,717/yr on $96,019 invested. Return on cash invested is 28.99% in year one, and rental yield stands at 10.9% on a $289,650 basis. Equity gained on principal adds $1,869/yr, and 5% annual appreciation accumulates to $80,025 by year five. Five-year ROI measures 152.05% and total cumulative return in cash reaches $145,994. For financing, Ziffy Mortgage’s DSCR program evaluates $2,632/mo property income against a $1,418/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44846, Milan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 998 (73.5%) |
| Renter Occupied HU | 273 (20.1%) |
| Vacant Housing Units | 87 ( 6.4%) |
| Median Home Value | $262,745 |
| Average Home Value | $285,844 |
Housing Distribution
Address Breakdown
Residential
1,106
Single Family
1,106
Multi-Family
0
Businesses
168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
