106 Melrose AveToledoOH43610
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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 Toledo at 106 Melrose Ave, Toledo, OH, 43610 at $109,900 posts ROI 33.31% with $407/mo cash flow from $1,130/mo rent. Total monthly income equals $1,130/mo, and annual cash flow records $4,884/yr on $36,432 to close. Return on cash invested measures 33.31% and rental yield reads 12.34% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 175.24% and total cumulative return in cash totals $63,844.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,130/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1897
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43610, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 954 (43.6%) |
| Renter Occupied HU | 788 (36.0%) |
| Vacant Housing Units | 446 (20.4%) |
| Median Home Value | $77,344 |
| Average Home Value | $153,813 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,732
Multi-Family
57
Businesses
92
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