Monroe 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
Investment property for sale in Milan at Monroe Plan, Sandusky, Milan, OH, 44846 offers a 8.23% rental yield on a $232,950 purchase with $1,598/mo rent. Total monthly income registers $1,598/mo, and a $1,140/mo payment leaves $66/mo available for distribution. Annual cash flow reaches $790/yr on $77,223 to close, and return on cash invested stands at 20.93% in year one. Equity gained on principal adds $1,503/yr while 5% annual appreciation supports $64,360 over five years. Portfolio math shows five-year ROI at 108.85% and total cumulative return in cash at $84,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,598/mo property income against a $1,140/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
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
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