15550 Lucerne RdFredericktownOH43019
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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 Fredericktown at 15550 Lucerne Rd, Fredericktown, OH, 43019 earns from $3,551/mo rent with a $2,814/mo payment. Total monthly income totals $3,551/mo. ROI tracks 18.6% on current figures, and rental yield reads 7.41% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 96.3% and total cumulative return in cash sums $182,171. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,551/mo property income instead of your personal income.
Single Family
Built in 1998
5.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43019, Fredericktown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,814 (100%) |
| Owner Occupied HU | 2,925 (76.7%) |
| Renter Occupied HU | 642 (16.8%) |
| Vacant Housing Units | 247 ( 6.5%) |
| Median Home Value | $225,046 |
| Average Home Value | $255,169 |
Housing Distribution
Address Breakdown
Residential
3,678
Single Family
3,590
Multi-Family
88
Businesses
160
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Listed by: Shad Bevington • Re/Max Stars
Mls Name: KCBR
Mls ID: #20250588