637 Greening RdToledoOH43607
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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 637 Greening Rd, Toledo, OH, 43607 generates $1,828/mo in rent and, after a $661/mo payment, leaves $940/mo in cash flow. Total monthly income is $1,828/mo, and annual cash flow is $11,277/yr on $44,753 invested. Return on cash invested sits at 45.11% in year one, and rental yield is 16.25% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 238.51% and total cumulative return in cash sums $106,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,828/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43607, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,376 (100%) |
| Owner Occupied HU | 4,099 (39.5%) |
| Renter Occupied HU | 4,621 (44.5%) |
| Vacant Housing Units | 1,656 (16.0%) |
| Median Home Value | $81,247 |
| Average Home Value | $139,561 |
Housing Distribution
Address Breakdown
Residential
9,563
Single Family
8,408
Multi-Family
1,155
Businesses
498
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Listed by: Alma Dortch-Gilbert • Whittington Group Realty
Mls Name: NORIS
Mls ID: #6123956
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. 2024 NORIS. All rights reserved.