6024 322nd StToledoOH43611
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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 6024 322nd St, Toledo, OH, 43611 uses $42,266 cash to close to unlock $1,840/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $992/mo, and a $624/mo payment keeps the spread at $153/mo. Purchase price stands at $127,500, and rental yield measures 9.34% with $992/mo rent. Return on cash invested shows 24.26% in year one, and 5% annual appreciation builds toward $35,226 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash records $53,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $992/mo property income covering a $624/mo payment rather than investor’s personal income.
Single Family
Built in 1954
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43611, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,591 (100%) |
| Owner Occupied HU | 5,476 (63.7%) |
| Renter Occupied HU | 2,392 (27.8%) |
| Vacant Housing Units | 723 ( 8.4%) |
| Median Home Value | $124,040 |
| Average Home Value | $158,682 |
Housing Distribution
Address Breakdown
Residential
8,192
Single Family
7,746
Multi-Family
446
Businesses
319
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