20 Melrose AveToledoOH43610
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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
Rental property for sale in Toledo at 20 Melrose Ave, Toledo, OH, 43610 priced at $135,000 pairs $1,041/mo rent with $153/mo cash flow after a $661/mo payment. Total monthly income equals $1,041/mo, and annual cash flow comes to $1,833/yr on $44,753 invested. Return on cash invested is 24% in year one, and rental yield stands at 9.25% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 125.33% and total cumulative return in cash reaches $56,089. For financing, Ziffy Mortgage’s DSCR program evaluates $1,041/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43610, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 954 (43.6%) |
| Renter Occupied HU | 788 (36.0%) |
| Vacant Housing Units | 446 (20.4%) |
| Median Home Value | $77,344 |
| Average Home Value | $153,813 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,732
Multi-Family
57
Businesses
92
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