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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Toledo at 1183 Hidden Ridge Rd #D, Toledo, OH, 43615 generates $1,192/mo in rent and, after a $734/mo payment, leaves $206/mo in cash flow. Total monthly income is $1,192/mo, and annual cash flow is $2,468/yr on $49,692 invested. Return on cash invested sits at 24.88% in year one, and rental yield is 9.54% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 130.04% and total cumulative return in cash sums $64,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,192/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43615, Toledo, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,821 (100%) |
| Owner Occupied HU | 10,455 (50.2%) |
| Renter Occupied HU | 8,800 (42.3%) |
| Vacant Housing Units | 1,566 ( 7.5%) |
| Median Home Value | $168,940 |
| Average Home Value | $214,624 |
Residential
19,782
Single Family
15,532
Multi-Family
4,250
Businesses
1,040
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Justin D Annis • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #10002051
