424 Winthrop StToledoOH43620
Nearby investment properties with comparable rents
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 424 Winthrop St, Toledo, OH, 43620 priced at $244,300 pairs $2,127/mo rent with $520/mo cash flow after a $1,196/mo payment. Total monthly income equals $2,127/mo, and annual cash flow comes to $6,237/yr on $80,985 invested. Return on cash invested is 27.61% in year one, and rental yield stands at 10.45% on a $244,300 basis. Equity gained on principal adds $1,576/yr, and 5% annual appreciation accumulates to $67,496 by year five. Five-year ROI measures 144.64% and total cumulative return in cash reaches $117,140. For financing, Ziffy Mortgage’s DSCR program evaluates $2,127/mo property income against a $1,196/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43620, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,092 (100%) |
| Owner Occupied HU | 718 (23.2%) |
| Renter Occupied HU | 1,889 (61.1%) |
| Vacant Housing Units | 485 (15.7%) |
| Median Home Value | $152,778 |
| Average Home Value | $234,248 |
Housing Distribution
Address Breakdown
Residential
2,504
Single Family
1,747
Multi-Family
757
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices