501 Jackson St #50-503FremontOH43420
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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 501 Jackson St #50-503, Fremont, OH, 43420 offers a 9.9% rental yield on a $145,500 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $712/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,917/yr on $48,233 to close, and return on cash invested stands at 25.96% in year one. Equity gained on principal adds $939/yr while 5% annual appreciation supports $40,199 over five years. Portfolio math shows five-year ROI at 135.86% and total cumulative return in cash at $65,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $712/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
7,405 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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