1371 Smith RdFremontOH43420
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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 Fremont at 1371 Smith Rd, Fremont, OH, 43420 with 5% annual appreciation on a $219,500 basis while $3,475/mo rent supports operations. Total monthly income totals $3,475/mo and a $1,074/mo payment preserves $2,032/mo for cash returns. Annual cash flow comes to $24,378/yr on $72,764 deployed, and return on cash invested reaches 53.41% in year one. Equity gained on principal adds $1,416/yr, and five-year appreciation sums $60,644 alongside rental yield of 19%. Five-year ROI measures 283.06% and total cumulative return in cash totals $205,966.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,475/mo property income versus a $1,074/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43420, Fremont, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,790 (100%) |
| Owner Occupied HU | 8,907 (64.6%) |
| Renter Occupied HU | 3,741 (27.1%) |
| Vacant Housing Units | 1,142 ( 8.3%) |
| Median Home Value | $152,446 |
| Average Home Value | $192,054 |
Housing Distribution
Address Breakdown
Residential
13,242
Single Family
12,548
Multi-Family
694
Businesses
1,125
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