231 NE 6th StToledoOR97391
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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
Rental property for sale in Toledo at 231 NE 6th St, Toledo, OR, 97391 generates $1,792/mo in rent and, after a $1,224/mo payment, leaves $283/mo in cash flow. Total monthly income is $1,792/mo, and annual cash flow is $3,391/yr on $82,875 invested. Return on cash invested sits at 24% in year one, and rental yield is 8.6% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 124.61% and total cumulative return in cash sums $103,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,792/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97391, Toledo, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,446 (100%) |
| Owner Occupied HU | 1,607 (65.7%) |
| Renter Occupied HU | 642 (26.2%) |
| Vacant Housing Units | 197 ( 8.1%) |
| Median Home Value | $449,501 |
| Average Home Value | $609,482 |
Housing Distribution
Address Breakdown
Residential
2,115
Single Family
2,112
Multi-Family
3
Businesses
202
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