505 S East StToledoIA52342
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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 505 S East St, Toledo, IA, 52342 generates $1,086/mo in rent and, after a $660/mo payment, leaves $210/mo in cash flow. Total monthly income is $1,086/mo, and annual cash flow is $2,522/yr on $44,719 invested. Return on cash invested sits at 25.55% in year one, and rental yield is 9.66% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 133.56% and total cumulative return in cash sums $59,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,086/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52342, Toledo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,459 (100%) |
| Owner Occupied HU | 957 (65.6%) |
| Renter Occupied HU | 366 (25.1%) |
| Vacant Housing Units | 136 ( 9.3%) |
| Median Home Value | $155,542 |
| Average Home Value | $189,825 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,210
Multi-Family
141
Businesses
117
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Listed by: Dallas Boerm • EXIT Realty & Associates
Mls Name: DMMLS
Mls Provider:
Mls ID: #710579
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.