This large three bedroom house is great value at $37,500 and also with a rental income of $8,400 per year.
This very large three bedroom house is ideally located in Southside. This property has been updated throughout and is Section 8 approved. The management company have a new Section 8 tenant that is moving into the property within the next two weeks.This property is managed by one of the leading Toledo property management companies.This property is located in Southside right next to the waterfront, Southside is a great community with good local schools and great local facilities. Southside is only 10 miles from Downtown Toledo and is also very close to Scott Park University.
$8,400 rent a year.
$840 management fee.
= 17% net return.