830 W Burnside RdFostoriaMI48435
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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 Fostoria at 830 W Burnside Rd, Fostoria, MI, 48435 at $179,900 posts ROI 25.75% with $290/mo cash flow from $1,477/mo rent. Total monthly income equals $1,477/mo, and annual cash flow records $3,482/yr on $59,637 to close. Return on cash invested measures 25.75% and rental yield reads 9.85% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 134.77% and total cumulative return in cash totals $80,373.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,477/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
1 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
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