1317 Laclede RdToledoOH43612
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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 1317 Laclede Rd, Toledo, OH, 43612 generates $1,420/mo in rent, after a $1,760/mo payment. Total monthly income is $1,420/mo. Return on cash invested sits at 10.39% in year one, and rental yield is 4.74% on a $359,500 entry. Equity gained on principal adds $2,320/yr, while 5% annual appreciation builds toward $99,323 over five years. Five-year ROI reaches 52.31% and total cumulative return in cash sums $62,336. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,420/mo property income rather than buyer’s personal income.
Multi Family
Built in 1927
5,100 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: Daniel J. DiSalle Jr • DiSalle Real Estate Co
Mls Name: NORIS
Mls ID: #6124587
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.