2240 Ruthanne DrToledoOH43611
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 2240 Ruthanne Dr, Toledo, OH, 43611 listed at $259,900 pairs $2,148/mo rent with a $1,272/mo payment to leave $439/mo cash flow. Total monthly income runs $2,148/mo, and annual cash flow reaches $5,262/yr on $86,157 cash to close. Return on cash invested measures 26.02% in year one, and rental yield registers 9.92% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 136.13% and total cumulative return in cash totals $117,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,148/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
8,712 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices