2838 Secor RdToledoOH43606
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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 2838 Secor Rd, Toledo, OH, 43606 uses $79,527 cash to close to unlock $6,830/yr annual cash flow and $569/mo monthly cash flow. Total monthly income runs $2,147/mo, and a $1,174/mo payment keeps the spread at $569/mo. Purchase price stands at $239,900, and rental yield measures 10.74% with $2,147/mo rent. Return on cash invested shows 28.5% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 149.45% and total cumulative return in cash records $118,855. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,147/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1951
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43606, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,555 (100%) |
| Owner Occupied HU | 5,573 (48.2%) |
| Renter Occupied HU | 4,819 (41.7%) |
| Vacant Housing Units | 1,163 (10.1%) |
| Median Home Value | $183,897 |
| Average Home Value | $222,332 |
Housing Distribution
Address Breakdown
Residential
10,463
Single Family
7,913
Multi-Family
2,550
Businesses
744
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