317 4th StFremontOH43420
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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 Fremont at 317 4th St, Fremont, OH, 43420 generates $1,254/mo in rent and, after a $578/mo payment, leaves $477/mo in cash flow. Total monthly income is $1,254/mo, and annual cash flow is $5,728/yr on $39,117 invested. Return on cash invested sits at 34.55% in year one, and rental yield is 12.75% on a $118,000 entry. Equity gained on principal adds $761/yr, while 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 181.95% and total cumulative return in cash sums $71,175. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,254/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
7,522 sqft 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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Listed by: Glen Whitten • Ohio Property Group, LLC
Mls Name: NORIS
Mls ID: #6121689
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.