2302 Charlestown 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 2302 Charlestown Ave, Toledo, OH, 43613 uses $56,322 cash to close to unlock $13,980/yr annual cash flow and $1,165/mo monthly cash flow. Total monthly income runs $2,298/mo, and a $832/mo payment keeps the spread at $1,165/mo. Purchase price stands at $169,900, and rental yield measures 16.23% with $2,298/mo rent. Return on cash invested shows 44.73% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 236.56% and total cumulative return in cash records $133,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,298/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1922
5,488 sqft lot
$N/A/sqft
No HOA
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Listed by: Chad Boyers • The Danberry Co
Mls Name: NORIS
Mls ID: #6119102
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.