Providence II 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 Providence II Plan, Sandusky, Milan, OH, 44846 priced at $259,850 converts $1,873/mo rent into $164/mo cash flow after a $1,272/mo obligation. Total monthly income equals $1,873/mo, and annual cash flow totals $1,963/yr on $86,140 invested. Return on cash invested prints 22.19% in year one, and rental yield reads 8.65% against a $259,850 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,792 by year five. Five-year ROI reaches 115.59% and total cumulative return in cash sums $99,570. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,873/mo property income covering a $1,272/mo payment, not borrower’s personal income.
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
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