411 N McCord RdToledoOH43615
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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 411 N McCord Rd, Toledo, OH, 43615 offers a 15.43% rental yield on a $149,900 purchase with $1,928/mo rent. Total monthly income registers $1,928/mo, and a $734/mo payment leaves $942/mo available for distribution. Annual cash flow reaches $11,300/yr on $49,692 to close, and return on cash invested stands at 42.65% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 225.31% and total cumulative return in cash at $111,959. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,928/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43615, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,821 (100%) |
| Owner Occupied HU | 10,455 (50.2%) |
| Renter Occupied HU | 8,800 (42.3%) |
| Vacant Housing Units | 1,566 ( 7.5%) |
| Median Home Value | $168,940 |
| Average Home Value | $214,624 |
Housing Distribution
Address Breakdown
Residential
19,782
Single Family
15,532
Multi-Family
4,250
Businesses
1,040
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