1938 Cone StToledoOH43606
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 1938 Cone St, Toledo, OH, 43606 uses $38,089 cash to close to unlock $1,699/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $897/mo, and a $562/mo payment keeps the spread at $142/mo. Purchase price stands at $114,900, and rental yield measures 9.37% with $897/mo rent. Return on cash invested shows 24.37% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 127.32% and total cumulative return in cash records $48,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $897/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1925
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43606, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,555 (100%) |
| Owner Occupied HU | 5,573 (48.2%) |
| Renter Occupied HU | 4,819 (41.7%) |
| Vacant Housing Units | 1,163 (10.1%) |
| Median Home Value | $183,897 |
| Average Home Value | $222,332 |
Housing Distribution
Address Breakdown
Residential
10,463
Single Family
7,913
Multi-Family
2,550
Businesses
744
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices