1150 Berdan AveToledoOH43612
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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
Rental property for sale in Toledo at 1150 Berdan Ave, Toledo, OH, 43612 priced at $154,900 pairs $1,549/mo rent with $530/mo cash flow after a $758/mo payment. Total monthly income equals $1,549/mo, and annual cash flow comes to $6,363/yr on $51,349 invested. Return on cash invested is 32.3% in year one, and rental yield stands at 12% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 169.86% and total cumulative return in cash reaches $87,224. For financing, Ziffy Mortgage’s DSCR program evaluates $1,549/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1916
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43612, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,325 (100%) |
| Owner Occupied HU | 6,666 (50.0%) |
| Renter Occupied HU | 5,482 (41.1%) |
| Vacant Housing Units | 1,177 ( 8.8%) |
| Median Home Value | $93,692 |
| Average Home Value | $133,375 |
Housing Distribution
Address Breakdown
Residential
12,399
Single Family
11,027
Multi-Family
1,372
Businesses
980
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Listed by: Linda Zaidan • Key Realty LTD
Mls Name: NORIS
Mls ID: #6121248
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.