509 College Ave, Fostoria, OH, 44830 | 6.02% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $840/mo, and a $820/mo payment. Purchase price stands at $167,500, and rental yield measures 6.02% with $840/mo rent. Return on cash invested shows 14.25% in year one, and 5% annual appreciation builds toward $46,277 over five years. Five-year ROI reaches 73.08% and total cumulative return in cash records $40,576. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $840/mo property income covering a $820/mo payment rather than investor’s personal income.

Single Family

Built in 1900

3,001 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