3753 W Alexis RdToledoOH43623
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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 3753 W Alexis Rd, Toledo, OH, 43623 uses $41,404 cash to close to unlock $1,833/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $974/mo, and a $611/mo payment keeps the spread at $153/mo. Purchase price stands at $124,900, and rental yield measures 9.36% with $974/mo rent. Return on cash invested shows 24.34% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 127.11% and total cumulative return in cash records $52,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $974/mo property income covering a $611/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43623, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,432 (100%) |
| Owner Occupied HU | 5,782 (61.3%) |
| Renter Occupied HU | 3,186 (33.8%) |
| Vacant Housing Units | 464 ( 4.9%) |
| Median Home Value | $183,761 |
| Average Home Value | $242,799 |
Housing Distribution
Address Breakdown
Residential
9,574
Single Family
7,008
Multi-Family
2,566
Businesses
948
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