1320 Harvard BlvdToledoOH43614
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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 1320 Harvard Blvd, Toledo, OH, 43614 offers a 15.73% rental yield on a $239,900 purchase with $3,144/mo rent. Total monthly income registers $3,144/mo, and a $1,174/mo payment leaves $1,566/mo available for distribution. Annual cash flow reaches $18,794/yr on $79,527 to close, and return on cash invested stands at 43.54% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 230.13% and total cumulative return in cash at $183,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,144/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
10,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43614, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,776 (100%) |
| Owner Occupied HU | 7,750 (52.4%) |
| Renter Occupied HU | 6,166 (41.7%) |
| Vacant Housing Units | 860 ( 5.8%) |
| Median Home Value | $169,375 |
| Average Home Value | $194,597 |
Housing Distribution
Address Breakdown
Residential
14,443
Single Family
10,738
Multi-Family
3,705
Businesses
671
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Listed by: Jason Villanueva • Howard Hanna
Mls Name: NORIS
Mls ID: #6119991
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.