313 Sherman StToledoOH43620
INVESTMENT ANALYSIS
Investment Verdict
Solid Income313 Sherman St, Toledo, OH, 43620 in Toledo earns a respectable 9.54% gross yield at $105,000, but after the $472/mo mortgage the net cash flow is $144/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.77) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $29,010 over five years, making equity the dominant return driver. Total projected return: $49,323.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.2% |
| Monthly Cash Flow | $144 | $450 |
City averages based on Toledo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $835 |
| Total Monthly Debt Service | $649 |
| DSCR Ratio | 1.29x |
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 1998
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43620, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,092 (100%) |
| Owner Occupied HU | 718 (23.2%) |
| Renter Occupied HU | 1,889 (61.1%) |
| Vacant Housing Units | 485 (15.7%) |
| Median Home Value | $152,778 |
| Average Home Value | $234,248 |
Housing Distribution
Address Breakdown
Residential
2,504
Single Family
1,747
Multi-Family
757
Businesses
85
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 1998
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43620, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,092 (100%) |
| Owner Occupied HU | 718 (23.2%) |
| Renter Occupied HU | 1,889 (61.1%) |
| Vacant Housing Units | 485 (15.7%) |
| Median Home Value | $152,778 |
| Average Home Value | $234,248 |
Housing Distribution
Address Breakdown
Residential
2,504
Single Family
1,747
Multi-Family
757
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices