605 Koch DrToledoOH43615
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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 605 Koch Dr, Toledo, OH, 43615 priced at $154,900 pairs $1,112/mo rent with $93/mo cash flow after a $758/mo payment. Total monthly income equals $1,112/mo, and annual cash flow comes to $1,119/yr on $51,349 invested. Return on cash invested is 22.09% in year one, and rental yield stands at 8.61% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 115.11% and total cumulative return in cash reaches $59,108. For financing, Ziffy Mortgage’s DSCR program evaluates $1,112/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1909
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43615, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,821 (100%) |
| Owner Occupied HU | 10,455 (50.2%) |
| Renter Occupied HU | 8,800 (42.3%) |
| Vacant Housing Units | 1,566 ( 7.5%) |
| Median Home Value | $168,940 |
| Average Home Value | $214,624 |
Housing Distribution
Address Breakdown
Residential
19,782
Single Family
15,532
Multi-Family
4,250
Businesses
1,040
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