6241 Oliver Rd, Fostoria, MI, 48435 | 6.56% Rental Yield

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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 $1,914/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 6.56% with $1,914/mo rent. Return on cash invested shows 15.83% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 81.5% and total cumulative return in cash records $94,562. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 1992

34.96 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48435, Fostoria, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	823 (100%)
Owner Occupied HU	690 (83.8%)
Renter Occupied HU	83 (10.1%)
Vacant Housing Units	50 ( 6.1%)
Median Home Value	$195,000
Average Home Value	$267,290