922 Timpe RdFremontOH43420
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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 Fremont at 922 Timpe Rd, Fremont, OH, 43420 earns $2,911/mo cash flow from $3,662/mo rent with a $538/mo payment. Total monthly income totals $3,662/mo, and annual cash flow totals $34,934/yr on $36,432 capital. ROI tracks 115.8% on current figures, and rental yield reads 39.99% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 618% and total cumulative return in cash sums $225,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,662/mo property income instead of your personal income.
Single Family
Built in 1946
1.96 Acres 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
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Listed by: Mark W. Beard • RE/MAX Executives
Mls Name: NORIS
Mls ID: #6116118
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.