624 Carlton StToledoOH43609
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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
Investment property for sale in Toledo at 624 Carlton St, Toledo, OH, 43609 with 5% annual appreciation on a $134,888 basis while $1,203/mo rent supports operations. Total monthly income totals $1,203/mo and a $660/mo payment preserves $316/mo for cash returns. Annual cash flow comes to $3,791/yr on $44,715 deployed, and return on cash invested reaches 28.39% in year one. Equity gained on principal adds $870/yr, and five-year appreciation sums $37,267 alongside rental yield of 10.7%. Five-year ROI measures 148.81% and total cumulative return in cash totals $66,541.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,203/mo property income versus a $660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43609, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,562 (100%) |
| Owner Occupied HU | 3,806 (39.8%) |
| Renter Occupied HU | 4,425 (46.3%) |
| Vacant Housing Units | 1,331 (13.9%) |
| Median Home Value | $62,287 |
| Average Home Value | $107,577 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
7,723
Multi-Family
917
Businesses
377
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