629 Virginia StToledoOH43620
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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 629 Virginia St, Toledo, OH, 43620 priced at $270,000 converts $1,312/mo rent into after a $1,322/mo obligation. Total monthly income equals $1,312/mo. Return on cash invested prints 13.68% in year one, and rental yield reads 5.83% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 69.99% and total cumulative return in cash sums $62,641. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,312/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 1905
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43620, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,092 (100%) |
| Owner Occupied HU | 718 (23.2%) |
| Renter Occupied HU | 1,889 (61.1%) |
| Vacant Housing Units | 485 (15.7%) |
| Median Home Value | $152,778 |
| Average Home Value | $234,248 |
Housing Distribution
Address Breakdown
Residential
2,504
Single Family
1,747
Multi-Family
757
Businesses
85
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