2840 Shetland RdToledoOH43617
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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
Rental property for sale in Toledo at 2840 Shetland Rd, Toledo, OH, 43617 generates $2,130/mo in rent and, after a $1,517/mo payment, leaves $91/mo in cash flow. Total monthly income is $2,130/mo, and annual cash flow is $1,094/yr on $102,765 invested. Return on cash invested sits at 20.97% in year one, and rental yield is 8.25% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 109.11% and total cumulative return in cash sums $112,123. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,130/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43617, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,309 (100%) |
| Owner Occupied HU | 2,797 (84.5%) |
| Renter Occupied HU | 355 (10.7%) |
| Vacant Housing Units | 157 ( 4.7%) |
| Median Home Value | $293,571 |
| Average Home Value | $301,398 |
Housing Distribution
Address Breakdown
Residential
3,079
Single Family
3,040
Multi-Family
39
Businesses
406
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