406 N East StToledoIA52342
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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
Investment Highlights
Rental property for sale in Toledo at 406 N East St, Toledo, IA, 52342 priced at $220,000 pairs $1,622/mo rent with $193/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,622/mo, and annual cash flow comes to $2,316/yr on $72,930 invested. Return on cash invested is 23.08% in year one, and rental yield stands at 8.85% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 120.26% and total cumulative return in cash reaches $87,707. For financing, Ziffy Mortgage’s DSCR program evaluates $1,622/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52342, Toledo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,459 (100%) |
| Owner Occupied HU | 957 (65.6%) |
| Renter Occupied HU | 366 (25.1%) |
| Vacant Housing Units | 136 ( 9.3%) |
| Median Home Value | $155,542 |
| Average Home Value | $189,825 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,210
Multi-Family
141
Businesses
117
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