6830 Carrietowne Ln #6830ToledoOH43617
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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 6830 Carrietowne Ln #6830, Toledo, OH, 43617 listed at $265,000 pairs $2,471/mo rent with a $1,297/mo payment to leave $728/mo cash flow. Total monthly income runs $2,471/mo, and annual cash flow reaches $8,735/yr on $87,848 cash to close. Return on cash invested measures 29.85% in year one, and rental yield registers 11.19% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 156.67% and total cumulative return in cash totals $137,631. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,471/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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