318 Courtland 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 318 Courtland Ave, Toledo, OH, 43609 priced at $124,900 pairs $1,254/mo rent with $433/mo cash flow after a $611/mo payment. Total monthly income equals $1,254/mo, and annual cash flow comes to $5,193/yr on $41,404 invested. Return on cash invested is 32.45% in year one, and rental yield stands at 12.05% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 170.61% and total cumulative return in cash reaches $70,642. For financing, Ziffy Mortgage’s DSCR program evaluates $1,254/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1907
1,698 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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