745 Washington St APT 305ToledoOH43604
INVESTMENT ANALYSIS
Investment Verdict
Solid Income745 Washington St APT 305, Toledo, OH, 43604 in Toledo carries a 1.63 coverage ratio, rent of $2,159/mo is 1.63 times the $1,327/mo payment. Rental yield 8.78%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $295,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $81,503; total projected cumulative return: $126,438.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.2% |
| Monthly Cash Flow | $(57) | $450 |
City averages based on Toledo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,159 |
| Total Monthly Debt Service | $1,823 |
| DSCR Ratio | 1.18x |
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
No 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
No 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