1575 W Barnes RdFostoriaMI48435
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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 Fostoria at 1575 W Barnes Rd, Fostoria, MI, 48435 earns $199/mo cash flow from $1,847/mo rent with a $1,223/mo payment. Total monthly income totals $1,847/mo, and annual cash flow totals $2,390/yr on $82,842 capital. ROI tracks 22.79% on current figures, and rental yield reads 8.87% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 118.9% and total cumulative return in cash sums $98,498. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,847/mo property income instead of your personal income.
Single Family
Built in 1910
4.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48435, Fostoria, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 690 (83.8%) |
| Renter Occupied HU | 83 (10.1%) |
| Vacant Housing Units | 50 ( 6.1%) |
| Median Home Value | $195,000 |
| Average Home Value | $267,290 |
Housing Distribution
Address Breakdown
Residential
754
Single Family
754
Multi-Family
0
Businesses
20
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