708 E State StToledoIA52342
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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 708 E State St, Toledo, IA, 52342 uses $46,377 cash to close to unlock $11,078/yr annual cash flow and $923/mo monthly cash flow. Total monthly income runs $1,832/mo, and a $685/mo payment keeps the spread at $923/mo. Purchase price stands at $139,900, and rental yield measures 15.71% with $1,832/mo rent. Return on cash invested shows 43.8% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 231.41% and total cumulative return in cash records $107,319. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,832/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.26 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
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Listed by: Mandy Lekin • Appraisal & Real Estate Service
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327259
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.