702 E Broadway StToledoOH43605
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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 702 E Broadway St, Toledo, OH, 43605 generates $1,300/mo in rent and, after a $587/mo payment, leaves $511/mo in cash flow. Total monthly income is $1,300/mo, and annual cash flow is $6,134/yr on $39,747 invested. Return on cash invested sits at 35.34% in year one, and rental yield is 13.01% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 186.25% and total cumulative return in cash sums $74,028. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,300/mo property income rather than buyer’s personal income.
Multi Family
Built in 1877
6,507 sqft lot
$N/A/sqft
No HOA
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Listed by: David Garcia II • Key Realty LTD
Mls Name: NORIS
Mls ID: #6128833
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.