2262 Chalmette DrToledoOH43611
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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 2262 Chalmette Dr, Toledo, OH, 43611 listed at $259,900 pairs $1,704/mo rent with a $1,272/mo payment. Total monthly income runs $1,704/mo. Return on cash invested measures 19.83% in year one, and rental yield registers 7.87% 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 102.95% and total cumulative return in cash totals $88,702. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,704/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 1973
7,701 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
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Listed by: Mark Hughes • EXP Realty, LLC
Mls Name: NORIS
Mls ID: #6124544
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.