146 NE 6th StToledoOR97391
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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 146 NE 6th St, Toledo, OR, 97391 uses $88,511 cash to close to unlock $2,690/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,836/mo, and a $1,307/mo payment keeps the spread at $224/mo. Purchase price stands at $267,000, and rental yield measures 8.25% with $1,836/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $73,767 over five years. Five-year ROI reaches 118.99% and total cumulative return in cash records $105,319. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,836/mo property income covering a $1,307/mo payment rather than investor’s personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97391, Toledo, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,446 (100%) |
| Owner Occupied HU | 1,607 (65.7%) |
| Renter Occupied HU | 642 (26.2%) |
| Vacant Housing Units | 197 ( 8.1%) |
| Median Home Value | $449,501 |
| Average Home Value | $609,482 |
Housing Distribution
Address Breakdown
Residential
2,115
Single Family
2,112
Multi-Family
3
Businesses
202
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