17 Summit DrFredericktownOH43019
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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 17 Summit Dr, Fredericktown, OH, 43019 with 5% annual appreciation on a $166,250 basis while $2,213/mo rent supports operations. Total monthly income totals $2,213/mo and a $814/mo payment preserves $1,107/mo for cash returns. Annual cash flow comes to $13,280/yr on $55,112 deployed, and return on cash invested reaches 44.01% in year one. Equity gained on principal adds $1,073/yr, and five-year appreciation sums $45,932 alongside rental yield of 15.97%. Five-year ROI measures 232.69% and total cumulative return in cash totals $128,240.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,213/mo property income versus a $814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.31 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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