5713 Comet AveToledoOH43623
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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 5713 Comet Ave, Toledo, OH, 43623 uses $49,725 cash to close to unlock $3,786/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,302/mo, and a $734/mo payment keeps the spread at $316/mo. Purchase price stands at $150,000, and rental yield measures 10.42% with $1,302/mo rent. Return on cash invested shows 27.52% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 144.25% and total cumulative return in cash records $71,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,302/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1922
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
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