78962 Lower RdFreeportOH43973
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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
Investment property for sale in Freeport at 78962 Lower Rd, Freeport, OH, 43973 listed at $115,000 pairs $0/mo rent with a $563/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.91% in year one, and rental yield registers 0% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43973, Freeport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 617 (60.7%) |
| Renter Occupied HU | 123 (12.1%) |
| Vacant Housing Units | 277 (27.2%) |
| Median Home Value | $225,781 |
| Average Home Value | $289,473 |
Housing Distribution
Address Breakdown
Residential
928
Single Family
908
Multi-Family
20
Businesses
44
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