963 McKinley AveToledoOH43605
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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 963 McKinley Ave, Toledo, OH, 43605 offers $1,261/mo rent that, after a $538/mo payment, leaves $538/mo cash flow. Total monthly income is $1,261/mo, and annual cash flow is $6,456/yr on $36,432 cash. Return on cash invested measures 37.63% in year one, and rental yield stands at 13.77% at a $109,900 entry. Equity gained on principal adds $709/yr while 5% annual appreciation compounds into $30,363 by year five. Five-year ROI records 198.37% and total cumulative return in cash reaches $72,268. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,261/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1914
5,000 sqft lot
$N/A/sqft
No HOA
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Listed by: Cherie Page • Serenity Realty LLC
Mls Name: NORIS
Mls ID: #6133863
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. 2025 NORIS. All rights reserved.