556 Apple AveToledoOH43609
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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 556 Apple Ave, Toledo, OH, 43609 listed at $154,500 pairs $1,619/mo rent with a $756/mo payment to leave $603/mo cash flow. Total monthly income runs $1,619/mo, and annual cash flow reaches $7,235/yr on $51,217 cash to close. Return on cash invested measures 34.04% in year one, and rental yield registers 12.57% at a $154,500 basis. Equity gained on principal adds $997/yr, and annual property appreciation at 5% supports $42,686 by year five. Five-year ROI tracks 179.1% and total cumulative return in cash totals $91,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,619/mo property income relative to a $756/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43609, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,562 (100%) |
| Owner Occupied HU | 3,806 (39.8%) |
| Renter Occupied HU | 4,425 (46.3%) |
| Vacant Housing Units | 1,331 (13.9%) |
| Median Home Value | $62,287 |
| Average Home Value | $107,577 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
7,723
Multi-Family
917
Businesses
377
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Listed by: Justin Spann • Key Realty LTD
Mls Name: NORIS
Mls ID: #6135849
Disclaimer: Listing 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.