308 Crittenden AveToledoOH43609
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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 308 Crittenden Ave, Toledo, OH, 43609 offers $1,169/mo rent that, after a $609/mo payment, leaves $350/mo cash flow. Total monthly income is $1,169/mo, and annual cash flow is $4,205/yr on $41,272 cash. Return on cash invested measures 30.1% in year one, and rental yield stands at 11.27% at a $124,500 entry. Equity gained on principal adds $803/yr while 5% annual appreciation compounds into $34,397 by year five. Five-year ROI records 158.04% and total cumulative return in cash reaches $65,224. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,169/mo property income versus a $609/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1887
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43609, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,562 (100%) |
| Owner Occupied HU | 3,806 (39.8%) |
| Renter Occupied HU | 4,425 (46.3%) |
| Vacant Housing Units | 1,331 (13.9%) |
| Median Home Value | $62,287 |
| Average Home Value | $107,577 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
7,723
Multi-Family
917
Businesses
377
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Listed by: Shay Buchanan • The Danberry Co
Mls Name: NORIS
Mls ID: #6129638
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.