29 W Sandusky StFredericktownOH43019
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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
Rental property for sale in Fredericktown at 29 W Sandusky St, Fredericktown, OH, 43019 priced at $210,000 converts $1,429/mo rent into $48/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,429/mo, and annual cash flow totals $570/yr on $69,615 invested. Return on cash invested prints 20.73% in year one, and rental yield reads 8.17% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 107.77% and total cumulative return in cash sums $75,028. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,429/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1910
8,712 sqft 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: Cassandra Swisher • Haring Realty, Inc.
Mls Name: MAR
Mls ID: #9069140