Princeton III Plan, SanduskyMilanOH44846
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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
Rental property for sale in Milan at Princeton III Plan, Sandusky, Milan, OH, 44846 priced at $238,200 converts $1,661/mo rent into $94/mo cash flow after a $1,166/mo obligation. Total monthly income equals $1,661/mo, and annual cash flow totals $1,128/yr on $78,963 invested. Return on cash invested prints 21.34% in year one, and rental yield reads 8.37% against a $238,200 entry. Equity gained on principal adds $1,537/yr, while 5% annual appreciation compiles into $65,810 by year five. Five-year ROI reaches 111.08% and total cumulative return in cash sums $87,709. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,661/mo property income covering a $1,166/mo payment, not borrower’s personal income.
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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