2121 Ottawa River Rd #4CToledoOH43611
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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 2121 Ottawa River Rd #4C, Toledo, OH, 43611 offers a 10.6% rental yield on a $239,900 purchase with $2,120/mo rent. Total monthly income registers $2,120/mo, and a $1,174/mo payment leaves $330/mo available for distribution. Annual cash flow reaches $3,962/yr on $79,527 to close, and return on cash invested stands at 24.89% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 131.27% and total cumulative return in cash at $104,395. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,120/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$636 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43611, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,591 (100%) |
| Owner Occupied HU | 5,476 (63.7%) |
| Renter Occupied HU | 2,392 (27.8%) |
| Vacant Housing Units | 723 ( 8.4%) |
| Median Home Value | $124,040 |
| Average Home Value | $158,682 |
Housing Distribution
Address Breakdown
Residential
8,192
Single Family
7,746
Multi-Family
446
Businesses
319
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Listed by: Julie A. Fisher • Serenity Realty LLC
Mls Name: NORIS
Mls ID: #6128796
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.