6177 Old Farm CtToledoOH43612
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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 6177 Old Farm Ct, Toledo, OH, 43612 offers $1,717/mo rent that, after a $719/mo payment, leaves $722/mo cash flow. Total monthly income is $1,717/mo, and annual cash flow is $8,661/yr on $48,731 cash. Return on cash invested measures 37.68% in year one, and rental yield stands at 14.02% at a $147,000 entry. Equity gained on principal adds $949/yr while 5% annual appreciation compounds into $40,613 by year five. Five-year ROI records 198.92% and total cumulative return in cash reaches $96,936. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,717/mo property income versus a $719/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43612, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,325 (100%) |
| Owner Occupied HU | 6,666 (50.0%) |
| Renter Occupied HU | 5,482 (41.1%) |
| Vacant Housing Units | 1,177 ( 8.8%) |
| Median Home Value | $93,692 |
| Average Home Value | $133,375 |
Housing Distribution
Address Breakdown
Residential
12,399
Single Family
11,027
Multi-Family
1,372
Businesses
980
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Listed by: Tera Knebel • Schrader Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305878
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.