2949 Secretariat RdToledoOH43615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2949 Secretariat Rd, Toledo, OH, 43615 in Toledo deserves attention. This $479,900 property earns $4,015/mo in rent, a 10.04% gross yield, and nets $859/mo after the $2,158/mo payment. DSCR 1.86 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $132,588 compounds alongside $4,420/yr in yearly equity build, for a total cumulative return of $238,059.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 7.2% |
| Monthly Cash Flow | $859 | $450 |
City averages based on Toledo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,015 |
| Total Monthly Debt Service | $2,966 |
| DSCR Ratio | 1.35x |
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.
Single Family
Built in 1984
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43615, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,821 (100%) |
| Owner Occupied HU | 10,455 (50.2%) |
| Renter Occupied HU | 8,800 (42.3%) |
| Vacant Housing Units | 1,566 ( 7.5%) |
| Median Home Value | $168,940 |
| Average Home Value | $214,624 |
Housing Distribution
Address Breakdown
Residential
19,782
Single Family
15,532
Multi-Family
4,250
Businesses
1,040
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
Single Family
Built in 1984
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43615, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,821 (100%) |
| Owner Occupied HU | 10,455 (50.2%) |
| Renter Occupied HU | 8,800 (42.3%) |
| Vacant Housing Units | 1,566 ( 7.5%) |
| Median Home Value | $168,940 |
| Average Home Value | $214,624 |
Housing Distribution
Address Breakdown
Residential
19,782
Single Family
15,532
Multi-Family
4,250
Businesses
1,040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices