2323 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 2323 Berdan Ave, Toledo, OH, 43613 uses $46,377 cash to close to unlock $15,307/yr annual cash flow and $1,276/mo monthly cash flow. Total monthly income runs $2,244/mo, and a $685/mo payment keeps the spread at $1,276/mo. Purchase price stands at $139,900, and rental yield measures 19.25% with $2,244/mo rent. Return on cash invested shows 52.91% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 280.85% and total cumulative return in cash records $130,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,244/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1931
4,900 sqft lot
$N/A/sqft
No HOA
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Listed by: De'Lisa Moore • The Danberry Co
Mls Name: NORIS
Mls ID: #6118974
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.