1809 Pilgrim RdToledoOH43607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1809 Pilgrim Rd, Toledo, OH, 43607 uses $43,062 cash to close to unlock $1,600/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $988/mo, and a $636/mo payment keeps the spread at $133/mo. Purchase price stands at $129,900, and rental yield measures 9.13% with $988/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 123.36% and total cumulative return in cash records $53,119. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $988/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1922
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43607, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,376 (100%) |
| Owner Occupied HU | 4,099 (39.5%) |
| Renter Occupied HU | 4,621 (44.5%) |
| Vacant Housing Units | 1,656 (16.0%) |
| Median Home Value | $81,247 |
| Average Home Value | $139,561 |
Housing Distribution
Address Breakdown
Residential
9,563
Single Family
8,408
Multi-Family
1,155
Businesses
498
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices