Washington 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
Investment property for sale in Milan at Washington III Plan, Sandusky, Milan, OH, 44846 offers a 8.41% rental yield on a $271,600 purchase with $1,903/mo rent. Total monthly income registers $1,903/mo, and a $1,329/mo payment leaves $117/mo available for distribution. Annual cash flow reaches $1,402/yr on $90,035 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $1,753/yr while 5% annual appreciation supports $75,038 over five years. Portfolio math shows five-year ROI at 111.72% and total cumulative return in cash at $100,583. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,903/mo property income against a $1,329/mo payment rather than investor’s personal income documents like W2s, Salary slips, and 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
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