$22,000 Refurbished And Tenanted Toledo Home. 16.9% Net Yield.
- Bedrooms: 2
- Bathrooms: 1
1224 N Michigan, Toledo, OH 43604 is a 2 bedroom home located in the popular North River district which has recently been refurbished and is already let to section 8 tenants ensuring an excellent income from day one.
The property measures 1,136 square feet on a lot of 4,100 square feet. Numerous photos are available on request.
This property is priced to sell now and offers an excellent net yield 16.97%.
Sales Price: $22,000
Estimated closing costs: $1,000
Total Outlay: $23,000
Annual Rent: $5,832
Property Taxes: $650
Total Outgoings: $1,930
NET income: $3,902
NET yield: 16.97%
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