702 E Harrison StToledoIA52342
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 702 E Harrison St, Toledo, IA, 52342 in Toledo. At $172,900 it earns $1,326/mo in rent and distributes $203/mo to the owner after the $777/mo payment, a consistent 9.2% yield. DSCR 1.71 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $47,769 in value; $1,592/yr in principal paydown compounds ownership stake. Total projected return: $78,916.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $203 | $500 |
City averages based on Toledo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,326 |
| Total Monthly Debt Service | $1,054 |
| DSCR Ratio | 1.26x |
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.
Single Family
Built in 1900
1.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52342, Toledo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,459 (100%) |
| Owner Occupied HU | 957 (65.6%) |
| Renter Occupied HU | 366 (25.1%) |
| Vacant Housing Units | 136 ( 9.3%) |
| Median Home Value | $155,542 |
| Average Home Value | $189,825 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,210
Multi-Family
141
Businesses
117
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
Single Family
Built in 1900
1.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52342, Toledo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,459 (100%) |
| Owner Occupied HU | 957 (65.6%) |
| Renter Occupied HU | 366 (25.1%) |
| Vacant Housing Units | 136 ( 9.3%) |
| Median Home Value | $155,542 |
| Average Home Value | $189,825 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,210
Multi-Family
141
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices