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Archived over 1 year ago

$39,500

3 bd 1 ba 1492 sqft

2430 Rosedale Ave 43606, Toledo, OH 43606

Residential SFR Occupied Off MLS

Current Rent **

$700

Projected Rent **

$1,068

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Collect $1,528/month OR MORE on this 2 Unit Duplex in Logansport, Indiana!

This single-family home offers 3 bedrooms and 1 bathroom, currently 100% occupied with a reliable tenant. With a gross rent of $700 and the potential for increased rental income up to $1,068 per month, this property presents a compelling financial prospect. Tenants are responsible for all utilities, ensuring low operational costs. At an actual cap rate of 14.78% and an impressive pro forma cap rate of 24.29%, this property demonstrates strong potential for a lucrative return on investment.

Don't miss out on this fantastic deal priced at $39,500. Act now and secure your profitable real estate venture.

Important Disclosures: Five Stream Ventures, LLC. is not an appraiser or a general contractor and does not claim to be one. Buyer is to do their own independent due diligence. All properties are sold as is, where is, with no warranties or representations expressed or implied. Five Stream Ventures, LLC. is a real estate investment firm and does not claim to be licensed real estate agents or brokers.

Location:

2430 Rosedale Ave 43606, Toledo, OH 43606

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.