5743 Vail 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
Rental property for sale in Toledo at 5743 Vail Ave, Toledo, OH, 43623 generates $1,776/mo in rent and, after a $783/mo payment, leaves $724/mo in cash flow. Total monthly income is $1,776/mo, and annual cash flow is $8,686/yr on $53,007 invested. Return on cash invested sits at 36.3% in year one, and rental yield is 13.33% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 191.22% and total cumulative return in cash sums $101,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,776/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
6,699 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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Listed by: Anthony Rorigi • Serenity Realty LLC
Mls Name: NORIS
Mls ID: #6123126
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. 2024 NORIS. All rights reserved.