5546 Comet AveToledoOH43623
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
Investment property for sale in Toledo at 5546 Comet Ave, Toledo, OH, 43623 uses $64,609 cash to close to unlock $671/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $1,338/mo, and a $954/mo payment keeps the spread at $56/mo. Purchase price stands at $194,900, and rental yield measures 8.24% with $1,338/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 108.9% and total cumulative return in cash records $70,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,338/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43623, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,432 (100%) |
| Owner Occupied HU | 5,782 (61.3%) |
| Renter Occupied HU | 3,186 (33.8%) |
| Vacant Housing Units | 464 ( 4.9%) |
| Median Home Value | $183,761 |
| Average Home Value | $242,799 |
Housing Distribution
Address Breakdown
Residential
9,574
Single Family
7,008
Multi-Family
2,566
Businesses
948
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Paul Meyers • Key Realty LTD
Mls Name: NORIS
Mls ID: #6126398
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. 2025 NORIS. All rights reserved.