6111 Buchanan DrToledoOH43623
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 Toledo at 6111 Buchanan Dr, Toledo, OH, 43623 uses $33,150 cash to close to unlock $1,748/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $803/mo, and a $489/mo payment keeps the spread at $146/mo. Purchase price stands at $100,000, and rental yield measures 9.64% with $803/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 131.63% and total cumulative return in cash records $43,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $803/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices