$34,000 Toledo, OHIO. Tenanted 3 Bed Home. 18.5% Net Yield

  • Price: 34000.00 $
  • Bedrooms: 3
  • Bathrooms: 1

1318 East Michigan Boulevard, Toledo, OH43608 is a detached 3 bedroom single family home located in the popular La Grange district in north Toledo.

Built in 1950, the property measures 1,063 square feet on a lot of 3,484 square feet.

The property has recently been refurbished and is newly tenanted with section 8 tenants meaning that not only does the government pay the rent but also that the property meets the exacting standards of the housing dept.

Competetively priced to ensure quick sale with income payable from day one and an impressive 18.5% net yield.

 

FINANCIALS:

Sales Price:       $34,000

Rental Income:  $8,220

Outgoings:

Property Tax:     $650

Insurance:         $500

Management:     $780

 

NET INCOME:   $6,290

This represents a fantastic net yield of 18.5% per annum.

Please complete the Enquiry Form for further information or to reserve this property.

 

 

 

From $25,000. 17-20% Net. USA Buy To Let.