8399 W State Route 12FostoriaOH44830
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
Rental property for sale in Fostoria at 8399 W State Route 12, Fostoria, OH, 44830 generates $1,656/mo in rent and, after a $991/mo payment, leaves $324/mo in cash flow. Total monthly income is $1,656/mo, and annual cash flow is $3,889/yr on $67,129 invested. Return on cash invested sits at 25.7% in year one, and rental yield is 9.81% on a $202,500 entry. Equity gained on principal adds $1,307/yr, while 5% annual appreciation builds toward $55,947 over five years. Five-year ROI reaches 134.48% and total cumulative return in cash sums $90,277. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,656/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices