2434 Lawrence AveToledoOH43620
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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 2434 Lawrence Ave, Toledo, OH, 43620 uses $38,123 cash to close to unlock $3,533/yr annual cash flow and $294/mo monthly cash flow. Total monthly income runs $1,051/mo, and a $563/mo payment keeps the spread at $294/mo. Purchase price stands at $115,000, and rental yield measures 10.97% with $1,051/mo rent. Return on cash invested shows 29.18% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 153.13% and total cumulative return in cash records $58,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,051/mo property income covering a $563/mo payment rather than investor’s personal income.
Multi Family
Built in 1902
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43620, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,092 (100%) |
| Owner Occupied HU | 718 (23.2%) |
| Renter Occupied HU | 1,889 (61.1%) |
| Vacant Housing Units | 485 (15.7%) |
| Median Home Value | $152,778 |
| Average Home Value | $234,248 |
Housing Distribution
Address Breakdown
Residential
2,504
Single Family
1,747
Multi-Family
757
Businesses
85
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