6830 Carrietowne Ln #6830ToledoOH43617
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6830 Carrietowne Ln #6830, Toledo, OH, 43617 in Toledo speaks for itself: 11.19% gross on a $265,000 price, generating $2,471/mo in rent and $728/mo in net income after the $1,192/mo debt service. DSCR 2.07, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,732 stacks alongside $73,215 in projected five-year appreciation and $2,441/yr in principal reduction. Projected total cumulative return: $147,751.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.2% |
| Monthly Cash Flow | $728 | $450 |
City averages based on Toledo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,471 |
| Total Monthly Debt Service | $1,638 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43617, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,309 (100%) |
| Owner Occupied HU | 2,797 (84.5%) |
| Renter Occupied HU | 355 (10.7%) |
| Vacant Housing Units | 157 ( 4.7%) |
| Median Home Value | $293,571 |
| Average Home Value | $301,398 |
Housing Distribution
Address Breakdown
Residential
3,079
Single Family
3,040
Multi-Family
39
Businesses
406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43617, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,309 (100%) |
| Owner Occupied HU | 2,797 (84.5%) |
| Renter Occupied HU | 355 (10.7%) |
| Vacant Housing Units | 157 ( 4.7%) |
| Median Home Value | $293,571 |
| Average Home Value | $301,398 |
Housing Distribution
Address Breakdown
Residential
3,079
Single Family
3,040
Multi-Family
39
Businesses
406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices