419 Spencer StToledoOH43609
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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 419 Spencer St, Toledo, OH, 43609 at $109,900 posts ROI 24.82% with $149/mo cash flow from $872/mo rent. Total monthly income equals $872/mo, and annual cash flow records $1,788/yr on $36,432 to close. Return on cash invested measures 24.82% and rental yield reads 9.52% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 129.69% and total cumulative return in cash totals $47,248.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $872/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1902
3,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43609, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,562 (100%) |
| Owner Occupied HU | 3,806 (39.8%) |
| Renter Occupied HU | 4,425 (46.3%) |
| Vacant Housing Units | 1,331 (13.9%) |
| Median Home Value | $62,287 |
| Average Home Value | $107,577 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
7,723
Multi-Family
917
Businesses
377
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