335 Richards RdToledoOH43607
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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 335 Richards Rd, Toledo, OH, 43607 priced at $129,000 converts $1,645/mo rent into $797/mo cash flow after a $631/mo obligation. Total monthly income equals $1,645/mo, and annual cash flow totals $9,562/yr on $42,764 invested. Return on cash invested prints 42.27% in year one, and rental yield reads 15.3% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 223.29% and total cumulative return in cash sums $95,485. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,645/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1970
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43607, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,376 (100%) |
| Owner Occupied HU | 4,099 (39.5%) |
| Renter Occupied HU | 4,621 (44.5%) |
| Vacant Housing Units | 1,656 (16.0%) |
| Median Home Value | $81,247 |
| Average Home Value | $139,561 |
Housing Distribution
Address Breakdown
Residential
9,563
Single Family
8,408
Multi-Family
1,155
Businesses
498
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