940 N Main StFostoriaOH44830
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 940 N Main St, Fostoria, OH, 44830 priced at $199,900 pairs $1,508/mo rent with $174/mo cash flow after a $978/mo payment. Total monthly income equals $1,508/mo, and annual cash flow comes to $2,088/yr on $66,267 invested. Return on cash invested is 23.06% in year one, and rental yield stands at 9.05% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 120.44% and total cumulative return in cash reaches $79,813. For financing, Ziffy Mortgage’s DSCR program evaluates $1,508/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.61 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2020-11-02 | Sold | $76,000 |
| 2020-08-10 | Pending sale | $60,500 |
| 2020-07-30 | Listed for sale | $60,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-14 | $3271.55 | 26.54% | $62,970 | 38.06% |
| 2022-04-14 | $2585.38 | -2.12% | $45,610 | N/A |
| 2021-04-14 | $2641.32 | -0.45% | $45,610 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1930
- Architectural Style: Two Story
- Building Area: N/A
- Living Area: 2,926 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Bath in Primary Bedroom
- Exterior Features: N/A
- Parking Features: Concrete, Driveway, Detached, Garage, Off Street
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sanitary
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Fostoria
- Middle School: N/A
- High School: Fostoria
Listed by: Heidi Mendoza • American Realty Partners Corp
Mls Name: NORIS
Mls ID: #6128291
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. 2025 NORIS. All rights reserved.