900 Spring StFremontOH43420
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 Fremont at 900 Spring St, Fremont, OH, 43420 offers $960/mo rent that, after a $600/mo payment, leaves $154/mo cash flow. Total monthly income is $960/mo, and annual cash flow is $1,845/yr on $40,609 cash. Return on cash invested measures 24.45% in year one, and rental yield stands at 9.4% at a $122,500 entry. Equity gained on principal adds $790/yr while 5% annual appreciation compounds into $33,844 by year five. Five-year ROI records 127.75% and total cumulative return in cash reaches $51,876. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $960/mo property income versus a $600/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43420, Fremont, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,790 (100%) |
| Owner Occupied HU | 8,907 (64.6%) |
| Renter Occupied HU | 3,741 (27.1%) |
| Vacant Housing Units | 1,142 ( 8.3%) |
| Median Home Value | $152,446 |
| Average Home Value | $192,054 |
Housing Distribution
Address Breakdown
Residential
13,242
Single Family
12,548
Multi-Family
694
Businesses
1,125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices