1203 N River AveTorontoOH43964
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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 Toronto at 1203 N River Ave, Toronto, OH, 43964 generates $1,409/mo in rent and, after a $724/mo payment, leaves $436/mo in cash flow. Total monthly income is $1,409/mo, and annual cash flow is $5,230/yr on $49,062 invested. Return on cash invested sits at 30.57% in year one, and rental yield is 11.42% on a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 160.5% and total cumulative return in cash sums $78,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,409/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
3,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43964, Toronto, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,304 (100%) |
| Owner Occupied HU | 2,849 (66.2%) |
| Renter Occupied HU | 990 (23.0%) |
| Vacant Housing Units | 465 (10.8%) |
| Median Home Value | $133,291 |
| Average Home Value | $158,734 |
Housing Distribution
Address Breakdown
Residential
4,105
Single Family
3,976
Multi-Family
129
Businesses
176
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