43 E College 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 43 E College St, Fredericktown, OH, 43019 priced at $150,000 converts $1,211/mo rent into $225/mo cash flow after a $734/mo obligation. Total monthly income equals $1,211/mo, and annual cash flow totals $2,694/yr on $49,725 invested. Return on cash invested prints 25.33% in year one, and rental yield reads 9.69% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 132.45% and total cumulative return in cash sums $65,862. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,211/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1890
7,670 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: Shad Bevington • Re/Max Stars
Mls Name: KCBR
Mls ID: #20250223
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.