607 Mara LnTorontoOH43964
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Toronto at 607 Mara Ln, Toronto, OH, 43964 with 5% annual appreciation on a $235,000 basis while $1,948/mo rent supports operations. Total monthly income totals $1,948/mo and a $1,150/mo payment preserves $402/mo for cash returns. Annual cash flow comes to $4,829/yr on $77,903 deployed, and return on cash invested reaches 26.11% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 9.95%. Five-year ROI measures 136.62% and total cumulative return in cash totals $106,432.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,948/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43964, Toronto, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,304 (100%) |
| Owner Occupied HU | 2,849 (66.2%) |
| Renter Occupied HU | 990 (23.0%) |
| Vacant Housing Units | 465 (10.8%) |
| Median Home Value | $133,291 |
| Average Home Value | $158,734 |
Housing Distribution
Address Breakdown
Residential
4,105
Single Family
3,976
Multi-Family
129
Businesses
176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices