Oleander Plan, Aspire at Lighthouse Estates,Vermilion,OH,44089

Investment Highlights

Rental property for sale in Vermilion at Oleander Plan, Aspire at Lighthouse Estates, Vermilion, OH, 44089 offers $2,232/mo rent that, after a $1,789/mo payment. Total monthly income is $2,232/mo. Return on cash invested measures 18.2% in year one, and rental yield stands at 7.33% at a $365,490 entry. Equity gained on principal adds $2,358/yr while 5% annual appreciation compounds into $100,978 by year five. Five-year ROI records 94.2% and total cumulative return in cash reaches $114,137. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,232/mo property income versus a $1,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.