1421 Corry AveToledoOH43614
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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 1421 Corry Ave, Toledo, OH, 43614 generates $1,160/mo in rent and, after a $622/mo payment, leaves $324/mo in cash flow. Total monthly income is $1,160/mo, and annual cash flow is $3,891/yr on $42,101 invested. Return on cash invested sits at 29.15% in year one, and rental yield is 10.96% on a $127,000 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 153.03% and total cumulative return in cash sums $64,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1892
2,613 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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