6449 Oliver RdFostoriaMI48435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6449 Oliver Rd, Fostoria, MI, 48435 earns from $1,764/mo rent with a $1,821/mo payment. Total monthly income totals $1,764/mo. ROI tracks 13.2% on current figures, and rental yield reads 5.69% at a $372,000 purchase. Equity gained on principal adds $2,400/yr, and 5% annual appreciation supports $102,777 over five years. Five-year ROI reaches 67.41% and total cumulative return in cash sums $83,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,764/mo property income instead of your personal income.
Single Family
Built in 2022
4 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 |
Housing Distribution
Address Breakdown
Residential
754
Single Family
754
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices