931 N Union StFostoriaOH44830
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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 931 N Union St, Fostoria, OH, 44830 uses $62,952 cash to close to unlock $2,872/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,488/mo, and a $929/mo payment keeps the spread at $239/mo. Purchase price stands at $189,900, and rental yield measures 9.4% with $1,488/mo rent. Return on cash invested shows 24.47% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 127.88% and total cumulative return in cash records $80,501. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,488/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.31 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
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