614 S Buchanan 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 614 S Buchanan St, Fremont, OH, 43420 priced at $127,500 pairs $1,012/mo rent with $173/mo cash flow after a $624/mo payment. Total monthly income equals $1,012/mo, and annual cash flow comes to $2,080/yr on $42,266 invested. Return on cash invested is 24.83% in year one, and rental yield stands at 9.52% on a $127,500 basis. Equity gained on principal adds $823/yr, and 5% annual appreciation accumulates to $35,226 by year five. Five-year ROI measures 129.8% and total cumulative return in cash reaches $54,862. For financing, Ziffy Mortgage’s DSCR program evaluates $1,012/mo property income against a $624/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
4,704 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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