838 Wylie AveToledoOH43609
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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 838 Wylie Ave, Toledo, OH, 43609 priced at $127,500 pairs $1,118/mo rent with $279/mo cash flow after a $624/mo payment. Total monthly income equals $1,118/mo, and annual cash flow comes to $3,352/yr on $42,266 invested. Return on cash invested is 27.84% in year one, and rental yield stands at 10.52% on a $127,500 basis. Equity gained on principal adds $823/yr, and 5% annual appreciation accumulates to $35,226 by year five. Five-year ROI measures 145.98% and total cumulative return in cash reaches $61,702. For financing, Ziffy Mortgage’s DSCR program evaluates $1,118/mo property income against a $624/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43609, Toledo, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,562 (100%) |
| Owner Occupied HU | 3,806 (39.8%) |
| Renter Occupied HU | 4,425 (46.3%) |
| Vacant Housing Units | 1,331 (13.9%) |
| Median Home Value | $62,287 |
| Average Home Value | $107,577 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
7,723
Multi-Family
917
Businesses
377
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