2219 Berdan AveToledoOH43613
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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 2219 Berdan Ave, Toledo, OH, 43613 listed at $174,900 pairs $2,333/mo rent with a $856/mo payment to leave $1,183/mo cash flow. Total monthly income runs $2,333/mo, and annual cash flow reaches $14,191/yr on $57,979 cash to close. Return on cash invested measures 44.38% in year one, and rental yield registers 16.01% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 234.64% and total cumulative return in cash totals $136,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,333/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
5,301 sqft lot
$N/A/sqft
No HOA
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Listed by: Jennifer Hessler-McPhillips • Loss Realty Group
Mls Name: NORIS
Mls ID: #6119326
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. 2024 NORIS. All rights reserved.