
Price: $70,000
2037 Broadway St, Toledo OH
Solid Section 8 property located in the South End of Toledo where there is high demand for rental properties. Long term tenants in place at a monthly rent rate of $900. This cash cow has been leased to the same tenants for over 2.5 years. With consistent returns and low vacancy rate this unit has been a gem!
Annual Rent: $10,800
Management fee: $1080
Annual taxes: $900
Annual insurance: $350
Net ROI: 12%