1970 Morrison RdFremontOH43420
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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 1970 Morrison Rd, Fremont, OH, 43420 earns $596/mo cash flow from $2,076/mo rent with a $1,101/mo payment. Total monthly income totals $2,076/mo, and annual cash flow totals $7,157/yr on $74,554 capital. ROI tracks 29.51% on current figures, and rental yield reads 11.08% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 154.87% and total cumulative return in cash sums $115,465. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,076/mo property income instead of your personal income.
Single Family
Built in 1957
0.59 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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