2919 Chestnut StToledoOH43608
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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 2919 Chestnut St, Toledo, OH, 43608 uses $34,808 cash to close to unlock $2,727/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $918/mo, and a $514/mo payment keeps the spread at $227/mo. Purchase price stands at $105,000, and rental yield measures 10.49% with $918/mo rent. Return on cash invested shows 27.74% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 145.46% and total cumulative return in cash records $50,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $918/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1907
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
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