Affordability Meets Desirability at This Nesslewood Avenue Investment

[Engelo Rumora]

• NESSLEWOOD AVENUE
• $64,900
• 3 🛌
• 1 🛁

PROPERTY DETAILS

Discover the charm of this turnkey Nesslewood Avenue property. This neighborhood is highly sought-after, not just for its tranquil and safe environment, but also for having a welcoming, friendly community. These factors and the area’s affordability, make it especially appealing to families looking to relocate. This well-designed home includes three spacious bedrooms and one bathroom, creating an ideal functional living space. Additionally, the property sits on a generously sized lot, providing residents ample space to enjoy their favorite outdoor activities. So, if you’re searching for prime Toledo property, with a robust potential cash flow, and hassle-free ownership at an affordable price, this Nesslewood investment is the perfect choice.

PROPERTY TYPE

• Turnkey Single Family Home

Property Market

• Toledo, OH

Lot Size

• 4399

Square Footage

• 1191

Parking

RENT

• $750

Annual Rent

• $9,000

Annual Net Return

• $6,050

Cap Rate

• 9%

ANNUAL EXPENSES

Tax

• $1,400

Insurance

• $650

Property Management

• $900

Start the Process Today By Filling Out Our Investor Application Form ➡ https://ohiocashflow.com/invest/

[Michael Smythe]

Nice!

how many investors care about lot size?

[Engelo Rumora]

Quote from @Michael Smythe:

Nice!

how many investors care about lot size?

Hey mate,

It's mostly the out of country investors that ask about lot size.

In higher end markets the land is worth more than the structure lol.

That's the standard, right?

In Toledo, the lot's are pretty much worthless lol

For example, if a house ever gets knocked down, you won't see anyone re-build and the lot just stays vacant with the seller offering it for sale for $3,000 - $4,000 lol

If that.

Thanks