SOLD ALREADY. $33,000 Tenanted TOLEDO Home Let To Section 8 Tenants. 17.78% Net Yield

  • Price: 33000.00 $
  • Bedrooms: 3
  • Bathrooms: 1
  • Size (M2): 131

SOLD ALREADY. 1136 E Manhattan Boulevard, Toledo, OH 43608 is a 3 bedroom single family home which is located in the popular La Grange district.

The property measures 1,416 sq. ft. on a lot of 4,100 sq.ft. It has recently been refurbished to section 8 standards and new section 8 tenants have just moved in on a renewable 12 month lease to ensure an excellent income from day one. This means your rent will be paid monthly directly by the government!

This property is priced to sell now and offers an excellent net yield of 17.78% per annum.

Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield!

KEY FIGURES:

Purchase Price:                        $33,000

Closing Costs:                           $1,000

TOTAL OUTLAY:                        $34,000

 

RENTAL INCOME:                      $8,220

 

OUTGOINGS:

Property Taxes:                        $979

Insurance:                               $500

Management:                           $699

TOTAL OUTGOINGS:                 $2,178

 

NET INCOME:                           $6,042

THE NET YIELD IS THEREFORE A FANTASTIC 17.78%

For further information or to reserve this property, please complete the enquiry form as soon as possible.

$42,500.  Quality Modern Section 8 Tenanted 4 Bed TOLEDO Home. 16.9% Net Yield
RESERVED. $33,000  3 Bed TOLEDO Home Let To Section 8 Tenants. 15.6% Net Yield
RESERVED. $29,000   TOLEDO.  Refurbished Section 8 Home. Impressive 18.9% Net Yield.
SOLD ALREADY. $40,000. TOLEDO. Tenanted 5 Bed Home.  18.07% NET Yield