126 Gramercy 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
Investment property for sale in Toledo at 126 Gramercy Ave, Toledo, OH, 43612 at $117,500 posts ROI 31.35% with $371/mo cash flow from $1,144/mo rent. Total monthly income equals $1,144/mo, and annual cash flow records $4,455/yr on $38,951 to close. Return on cash invested measures 31.35% and rental yield reads 11.68% at the current $117,500. Equity gained on principal adds $758/yr, and 5% annual appreciation supports $32,463 by year five. Five-year ROI prints 164.77% and total cumulative return in cash totals $64,178.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,144/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
4,800 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: Case McCarthy • Wiens & Roth Real Estate
Mls Name: NORIS
Mls ID: #6121983
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.