4492 283rd StToledoOH43611
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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 4492 283rd St, Toledo, OH, 43611 offers a 9.57% rental yield on a $149,900 purchase with $1,195/mo rent. Total monthly income registers $1,195/mo, and a $734/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,504/yr on $49,692 to close, and return on cash invested stands at 24.95% 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 130.4% and total cumulative return in cash at $64,799. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,195/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 1964
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43611, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,591 (100%) |
| Owner Occupied HU | 5,476 (63.7%) |
| Renter Occupied HU | 2,392 (27.8%) |
| Vacant Housing Units | 723 ( 8.4%) |
| Median Home Value | $124,040 |
| Average Home Value | $158,682 |
Housing Distribution
Address Breakdown
Residential
8,192
Single Family
7,746
Multi-Family
446
Businesses
319
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