609 Main StTorontoOH43964
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
Rental property for sale in Toronto at 609 Main St, Toronto, OH, 43964 offers $1,523/mo rent that, after a $832/mo payment, leaves $405/mo cash flow. Total monthly income is $1,523/mo, and annual cash flow is $4,858/yr on $56,355 cash. Return on cash invested measures 28.53% in year one, and rental yield stands at 10.75% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 149.58% and total cumulative return in cash reaches $84,297. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,523/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
6,098 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
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