481 Beverly DrFostoriaOH44830
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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 Fostoria at 481 Beverly Dr, Fostoria, OH, 44830 uses $53,040 cash to close to unlock $5,108/yr annual cash flow and $426/mo monthly cash flow. Total monthly income runs $1,478/mo, and a $783/mo payment keeps the spread at $426/mo. Purchase price stands at $160,000, and rental yield measures 11.09% with $1,478/mo rent. Return on cash invested shows 29.54% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 155.03% and total cumulative return in cash records $82,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,478/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1973
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44830, Fostoria, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,390 (100%) |
| Owner Occupied HU | 5,334 (63.6%) |
| Renter Occupied HU | 2,327 (27.7%) |
| Vacant Housing Units | 729 ( 8.7%) |
| Median Home Value | $121,229 |
| Average Home Value | $177,446 |
Housing Distribution
Address Breakdown
Residential
7,954
Single Family
7,561
Multi-Family
393
Businesses
492
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Listed by: Charles Goddard • Goddard Murphy & Co Inc
Mls Name: NORIS
Mls ID: #6135689
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. 2025 NORIS. All rights reserved.