5844 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
Investment property for sale in Toledo at 5844 Vail Ave, Toledo, OH, 43623 uses $45,382 cash to close to unlock $5,623/yr annual cash flow and $469/mo monthly cash flow. Total monthly income runs $1,369/mo, and a $670/mo payment keeps the spread at $469/mo. Purchase price stands at $136,900, and rental yield measures 12% with $1,369/mo rent. Return on cash invested shows 32.3% in year one, and 5% annual appreciation builds toward $37,823 over five years. Five-year ROI reaches 169.86% and total cumulative return in cash records $77,085. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,369/mo property income covering a $670/mo payment rather than investor’s personal income.
Single Family
Built in 1947
6,660 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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