656 Walbridge 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
Rental property for sale in Toledo at 656 Walbridge Ave, Toledo, OH, 43609 priced at $125,000 converts $916/mo rent into $94/mo cash flow after a $612/mo obligation. Total monthly income equals $916/mo, and annual cash flow totals $1,123/yr on $41,438 invested. Return on cash invested prints 22.62% in year one, and rental yield reads 8.79% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 117.93% and total cumulative return in cash sums $48,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $916/mo property income covering a $612/mo payment, not borrower’s personal income.
Multi Family
Built in 1892
4,207 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: Gary L. Harmon Jr • Loss Realty Group
Mls Name: NORIS
Mls ID: #6128238
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.