133 E South StFostoriaOH44830
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
Rental property for sale in Fostoria at 133 E South St, Fostoria, OH, 44830 priced at $269,900 converts $2,592/mo rent into $817/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,592/mo, and annual cash flow totals $9,800/yr on $89,472 invested. Return on cash invested prints 30.86% in year one, and rental yield reads 11.52% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 162.1% and total cumulative return in cash sums $145,038. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,592/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44830, Fostoria, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,390 (100%) |
| Owner Occupied HU | 5,334 (63.6%) |
| Renter Occupied HU | 2,327 (27.7%) |
| Vacant Housing Units | 729 ( 8.7%) |
| Median Home Value | $121,229 |
| Average Home Value | $177,446 |
Housing Distribution
Address Breakdown
Residential
7,954
Single Family
7,561
Multi-Family
393
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kalisha Hefner • Zimmerman Realty, Ltd.
Mls Name: WRIST
Mls Provider:
Mls ID: #1040478
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.