309 E Northgate PkwyToledoOH43612
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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 309 E Northgate Pkwy, Toledo, OH, 43612 listed at $124,900 pairs $966/mo rent with a $611/mo payment to leave $145/mo cash flow. Total monthly income runs $966/mo, and annual cash flow reaches $1,737/yr on $41,404 cash to close. Return on cash invested measures 24.1% in year one, and rental yield registers 9.28% at a $124,900 basis. Equity gained on principal adds $806/yr, and annual property appreciation at 5% supports $34,508 by year five. Five-year ROI tracks 125.89% and total cumulative return in cash totals $52,126. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $966/mo property income relative to a $611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43612, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,325 (100%) |
| Owner Occupied HU | 6,666 (50.0%) |
| Renter Occupied HU | 5,482 (41.1%) |
| Vacant Housing Units | 1,177 ( 8.8%) |
| Median Home Value | $93,692 |
| Average Home Value | $133,375 |
Housing Distribution
Address Breakdown
Residential
12,399
Single Family
11,027
Multi-Family
1,372
Businesses
980
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Listed by: Alison Martinez • EXP Realty, LLC
Mls Name: NORIS
Mls ID: #6127089
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.