3864 Almeda DrToledoOH43612
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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 3864 Almeda Dr, Toledo, OH, 43612 uses $49,692 cash to close to unlock $2,252/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $1,174/mo, and a $734/mo payment keeps the spread at $188/mo. Purchase price stands at $149,900, and rental yield measures 9.4% with $1,174/mo rent. Return on cash invested shows 24.44% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 127.7% and total cumulative return in cash records $63,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,174/mo property income covering a $734/mo payment rather than investor’s personal income.
Multi Family
Built in 1956
7,000 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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