2532 Plum Leaf Ln APT 3ToledoOH43614
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2532 Plum Leaf Ln APT 3, Toledo, OH, 43614 generates $2,498/mo in rent and, after a $612/mo payment, leaves $1,501/mo in cash flow. Total monthly income is $2,498/mo, and annual cash flow is $18,007/yr on $41,437 invested. Return on cash invested sits at 63.37% in year one, and rental yield is 23.98% on a $124,999 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 338.29% and total cumulative return in cash sums $140,177. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,498/mo property income rather than buyer’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43614, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,776 (100%) |
| Owner Occupied HU | 7,750 (52.4%) |
| Renter Occupied HU | 6,166 (41.7%) |
| Vacant Housing Units | 860 ( 5.8%) |
| Median Home Value | $169,375 |
| Average Home Value | $194,597 |
Housing Distribution
Address Breakdown
Residential
14,443
Single Family
10,738
Multi-Family
3,705
Businesses
671
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Gill • The Danberry Co
Mls Name: NORIS
Mls ID: #6117748
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.