1942 Wellesley DrToledoOH43606
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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 1942 Wellesley Dr, Toledo, OH, 43606 offers a 9.6% rental yield on a $115,000 purchase with $920/mo rent. Total monthly income registers $920/mo, and a $563/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,961/yr on $38,123 to close, and return on cash invested stands at 25.05% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 131.03% and total cumulative return in cash at $49,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $920/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
3,920 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
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