649 Wright AveToledoOH43609
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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 649 Wright Ave, Toledo, OH, 43609 at $124,900 posts ROI 24.34% with $153/mo cash flow from $974/mo rent. Total monthly income equals $974/mo, and annual cash flow records $1,833/yr on $41,404 to close. Return on cash invested measures 24.34% and rental yield reads 9.36% at the current $124,900. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 by year five. Five-year ROI prints 127.11% and total cumulative return in cash totals $52,630.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $974/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1902
4,599 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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Listed by: Megan Hornsby • Keller Williams Citywide
Mls Name: NORIS
Mls ID: #6135639
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. 2025 NORIS. All rights reserved.