4060 Hermosa AveToledoOH43607
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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 4060 Hermosa Ave, Toledo, OH, 43607 earns $556/mo cash flow from $1,273/mo rent with a $534/mo payment. Total monthly income totals $1,273/mo, and annual cash flow totals $6,666/yr on $36,134 capital. ROI tracks 38.36% on current figures, and rental yield reads 14.01% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 202.38% and total cumulative return in cash sums $73,126. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,273/mo property income instead of your personal income.
Single Family
Built in 1969
6,098 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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