Whopper Property That Previously Sold for $109,000
$77,900.00Price
This property previously sold for a WHOPPING $109,000 in 2007. Located in a heavily owner occupied area and right down the road from another awesome property we recently sold. This is exactly the type of property that everyone at Ohio Cashflow has been buying for their own portfolio and we encourage all of you to do the same. This turnkey investment property is literally within feet from the border of the Washington Local School District.
The 43612 zip code is a prime location for both renters and home owners. Renovated comparable sales within close proximity to this turnkey property are extremely strong with prices ranging in the $60,000 - $70,000 with bigger and more appealing properties selling for $75,000+.
Details
Single Family Home
Property Type: Residential
Property Market: Toledo
Lot Size: 4,800 sq ft
Square Footage: 1,231 sq ft
Bedrooms: 4
Bathrooms: 2
Parking: 320 sq ft
Property Pro-Forma Details
Rent: $900
Annual Rent: $10,800
Annual Net Return: $7,620
Cap Rate: 10%
Tax: $1,500
Insurance: 600
Management: $1080