146 Thomas DrFremontOH43420
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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 Fremont at 146 Thomas Dr, Fremont, OH, 43420 offers $1,826/mo rent that, after a $1,125/mo payment, leaves $314/mo cash flow. Total monthly income is $1,826/mo, and annual cash flow is $3,768/yr on $76,212 cash. Return on cash invested measures 24.85% in year one, and rental yield stands at 9.53% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 129.85% and total cumulative return in cash reaches $98,963. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,826/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.34 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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