289 Caleb DrFremontOH43420
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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 289 Caleb Dr, Fremont, OH, 43420 listed at $199,900 pairs $2,119/mo rent with a $978/mo payment to leave $765/mo cash flow. Total monthly income runs $2,119/mo, and annual cash flow reaches $9,174/yr on $66,267 cash to close. Return on cash invested measures 33.75% in year one, and rental yield registers 12.72% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 177.88% and total cumulative return in cash totals $117,877. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,119/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
9,774 sqft lot
$N/A/sqft
$40 monthly 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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