1505 Fenwick StFremontOH43420
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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 1505 Fenwick St, Fremont, OH, 43420 uses $58,013 cash to close to unlock $7,757/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $857/mo payment keeps the spread at $646/mo. Purchase price stands at $175,000, and rental yield measures 12.33% with $1,798/mo rent. Return on cash invested shows 33.28% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 175.09% and total cumulative return in cash records $101,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,096 sqft 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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