2621 Lawrence AveToledoOH43610
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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 2621 Lawrence Ave, Toledo, OH, 43610 uses $39,747 cash to close to unlock $5,390/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $1,238/mo, and a $587/mo payment keeps the spread at $449/mo. Purchase price stands at $119,900, and rental yield measures 12.39% with $1,238/mo rent. Return on cash invested shows 33.47% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 176.19% and total cumulative return in cash records $70,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,238/mo property income covering a $587/mo payment rather than investor’s personal income.
Multi Family
Built in 1895
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43610, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 954 (43.6%) |
| Renter Occupied HU | 788 (36.0%) |
| Vacant Housing Units | 446 (20.4%) |
| Median Home Value | $77,344 |
| Average Home Value | $153,813 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,732
Multi-Family
57
Businesses
92
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