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Price: $125,000

5400 Ivanhill Rd, Toledo OH 43615

A stunning property that is located in a sought after neighborhood in South Toledo.  This property has 4 bedrooms and has had many updates in 2020.  Located within minutes of schools, shopping, major highways and only 18 minutes from the Toledo University.  This unit is leased at a monthly rent rate of $1101 and has been showing stable cash flow with low maintenance.

Annual Rent: $13,212

Management fee: $1321

Annual taxes: $800

Annual insurance: $350

Net ROI: 9%