2346 Hinde RdToledoOH43607
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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 2346 Hinde Rd, Toledo, OH, 43607 uses $42,399 cash to close to unlock $8,612/yr annual cash flow and $718/mo monthly cash flow. Total monthly income runs $1,559/mo, and a $626/mo payment keeps the spread at $718/mo. Purchase price stands at $127,900, and rental yield measures 14.63% with $1,559/mo rent. Return on cash invested shows 40.22% in year one, and 5% annual appreciation builds toward $35,336 over five years. Five-year ROI reaches 212.31% and total cumulative return in cash records $90,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,559/mo property income covering a $626/mo payment rather than investor’s personal income.
Single Family
Built in 1951
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43607, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,376 (100%) |
| Owner Occupied HU | 4,099 (39.5%) |
| Renter Occupied HU | 4,621 (44.5%) |
| Vacant Housing Units | 1,656 (16.0%) |
| Median Home Value | $81,247 |
| Average Home Value | $139,561 |
Housing Distribution
Address Breakdown
Residential
9,563
Single Family
8,408
Multi-Family
1,155
Businesses
498
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Listed by: Rodney R. Culler • Howard Hanna
Mls Name: NORIS
Mls ID: #6121833
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.