4449 Burnham AveToledoOH43612
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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
Rental property for sale in Toledo at 4449 Burnham Ave, Toledo, OH, 43612 priced at $109,900 converts $1,409/mo rent into $686/mo cash flow after a $538/mo obligation. Total monthly income equals $1,409/mo, and annual cash flow totals $8,232/yr on $36,432 invested. Return on cash invested prints 42.5% in year one, and rental yield reads 15.38% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 224.49% and total cumulative return in cash sums $81,784. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,409/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1955
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43612, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,325 (100%) |
| Owner Occupied HU | 6,666 (50.0%) |
| Renter Occupied HU | 5,482 (41.1%) |
| Vacant Housing Units | 1,177 ( 8.8%) |
| Median Home Value | $93,692 |
| Average Home Value | $133,375 |
Housing Distribution
Address Breakdown
Residential
12,399
Single Family
11,027
Multi-Family
1,372
Businesses
980
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Listed by: Patrick Steven Miller • Key Realty
Mls Name: NORIS
Mls ID: #6121452
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.