707 Nickie LnFostoriaOH44830
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 707 Nickie Ln, Fostoria, OH, 44830 at $245,000 posts ROI 26.63% with $455/mo cash flow from $2,066/mo rent. Total monthly income equals $2,066/mo, and annual cash flow records $5,455/yr on $81,218 to close. Return on cash invested measures 26.63% and rental yield reads 10.12% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 139.39% and total cumulative return in cash totals $113,208.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,066/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
0.29 Acres 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 |
Housing Distribution
Address Breakdown
Residential
7,954
Single Family
7,561
Multi-Family
393
Businesses
492
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