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For sale about 22 hours ago

$79,900

3 bd 1 ba 1194 sqft

Salem St, Toledo, OH 43613

Residential SFR Occupied

Current Rent **

$800

Projected Rent **

$800

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Profitable Pathway in Toledo's Market

Discover a potential-rich asset at Salem St - a three-bedroom, single-family property ideally suited for the discerning investor. Located in the constantly active Toledo market, this home combines ample living space with convenient street parking, a winning combination for attracting and retaining tenants. Despite its modest lot size, the smartly designed space ensures maximum utility, both for living and potential rental purposes. The property's robust cap rate and strong annual rent underscore its promising investment potential. Whether you're a seasoned investor looking to diversify or just taking your first steps into property investment, this Salem St home offers a route to substantial returns.

Location:

Salem St, Toledo, OH 43613

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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.