$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%.

 

KEY FIGURES:

Sales Price: $22,000
Estimated closing costs: $1,000
Total Outlay: $23,000

Annual Rent: $5,832

Outgoings:

Property Taxes: $650
Insurance: $500
Management: $780

Total Outgoings: $1,930

NET income: $3,902

NET yield: 16.97%

Please complete the Enquiry Form to request further info or to reserve this property.

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