1408 Oakmont StToledoOH43605
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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 1408 Oakmont St, Toledo, OH, 43605 priced at $119,000 pairs $1,388/mo rent with $606/mo cash flow after a $582/mo payment. Total monthly income equals $1,388/mo, and annual cash flow comes to $7,268/yr on $39,449 invested. Return on cash invested is 38.33% in year one, and rental yield stands at 14% on a $119,000 basis. Equity gained on principal adds $768/yr, and 5% annual appreciation accumulates to $32,878 by year five. Five-year ROI measures 202.21% and total cumulative return in cash reaches $79,769. For financing, Ziffy Mortgage’s DSCR program evaluates $1,388/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: Heidi Jenkins • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6131745
Disclaimer: Listing 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. 2025 NORIS. All rights reserved.