745 Washington St APT 204ToledoOH43604
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow745 Washington St APT 204, Toledo, OH, 43604 in Toledo earns its strong cash-flow label: 12.54% yield, $3,342/mo rent, $965/mo net income, DSCR 2.32. The $319,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $88,382 by year five. Combined with $2,946/yr in principal paydown, total projected return reaches $185,159.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 7.2% |
| Monthly Cash Flow | $965 | $450 |
City averages based on Toledo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,342 |
| Total Monthly Debt Service | $2,250 |
| DSCR Ratio | 1.49x |
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 1913
N/A lot
$N/A/sqft
$273 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43604, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 722 (13.0%) |
| Renter Occupied HU | 3,882 (70.1%) |
| Vacant Housing Units | 931 (16.8%) |
| Median Home Value | $84,091 |
| Average Home Value | $147,536 |
Housing Distribution
Address Breakdown
Residential
5,312
Single Family
2,047
Multi-Family
3,265
Businesses
1,072
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 1913
N/A lot
$N/A/sqft
$273 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43604, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 722 (13.0%) |
| Renter Occupied HU | 3,882 (70.1%) |
| Vacant Housing Units | 931 (16.8%) |
| Median Home Value | $84,091 |
| Average Home Value | $147,536 |
Housing Distribution
Address Breakdown
Residential
5,312
Single Family
2,047
Multi-Family
3,265
Businesses
1,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices