2619 Locust StToledoOH43608
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 2619 Locust St, Toledo, OH, 43608 in Toledo. At $106,000 it earns $1,141/mo in rent and distributes $444/mo to the owner after the $477/mo payment, a consistent 12.92% yield. DSCR 2.39 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $29,286 in value; $976/yr in principal paydown compounds ownership stake. Total projected return: $68,924.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 7.2% |
| Monthly Cash Flow | $444 | $450 |
City averages based on Toledo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,141 |
| Total Monthly Debt Service | $655 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1904
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43608, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,939 (100%) |
| Owner Occupied HU | 2,578 (43.4%) |
| Renter Occupied HU | 2,208 (37.2%) |
| Vacant Housing Units | 1,153 (19.4%) |
| Median Home Value | $45,923 |
| Average Home Value | $122,498 |
Housing Distribution
Address Breakdown
Residential
5,159
Single Family
5,094
Multi-Family
65
Businesses
254
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
Multi Family
Built in 1904
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43608, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,939 (100%) |
| Owner Occupied HU | 2,578 (43.4%) |
| Renter Occupied HU | 2,208 (37.2%) |
| Vacant Housing Units | 1,153 (19.4%) |
| Median Home Value | $45,923 |
| Average Home Value | $122,498 |
Housing Distribution
Address Breakdown
Residential
5,159
Single Family
5,094
Multi-Family
65
Businesses
254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices