1824 Strathmoor 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
Investment property for sale in Toledo at 1824 Strathmoor Ave, Toledo, OH, 43614 uses $54,664 cash to close to unlock $5,969/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $1,582/mo, and a $807/mo payment keeps the spread at $497/mo. Purchase price stands at $164,900, and rental yield measures 11.51% with $1,582/mo rent. Return on cash invested shows 30.83% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 161.95% and total cumulative return in cash records $88,528. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,582/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1947
4,800 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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