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1717 Fairfax Rd
C Composite 59.86
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +29.3/30.0
  • DSCR +10.0/10.0
  • 1% rule +8.0/10.0
  • Rent growth +3.3/5.0
  • Livability +3.3/5.0
  • Condition / age +2.5/5.0
  • ARV discount +1.8/15.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$74,900

1717 Fairfax Rd · Toledo, OH 43613
2 bd · 1.0 ba · 836 sqft · SingleFamily public records · 140 Days on market
Built 1912 3,200 sqft lot $90/sqft · 13% above area Est $66k · 13% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

High-performing rental opportunity in a strong Toledo rental market! This 2-bedroom, 1-bath home features 836 sq ft of efficient living space on an easy-to-maintain 3,049 sq ft lot—ideal for long-term rental stability and low overhead. The property is currently occupied by a reliable long-term tenant paying $975 per month, delivering a great ROI for you to enjoy! The home offers a practical layout with potential for a 3 rd bedroom with the addition of one wall, comfortable living areas, and consistent tenant demand thanks to its proximity to key neighborhood amenities. Located just minutes from west Toledo shopping areas, local restaurants, parks, and essential services, tenants enjoy everyday convenience with quick access to public transit and major commuter routes. The area continues to attract steady renter interest, keeping vacancy rates low and cash flow strong. Whether you're expanding your portfolio or securing a high-yield rental in a proven submarket, this property offers affordability, performance, and immediate income from day one. Discover the unbeatable lifestyle Toledo has to offer—a vibrant city known for its affordability, natural beauty, and exceptional amenities. Residents enjoy access to some of the region's finest attractions, including the nationally acclaimed Toledo Zoo & Aquarium and the world-renowned Toledo Museum of Art, home to one of the most impressive collections in the country. Outdoor lovers appreciate Toledo's award-winning Metroparks system, featuring miles of scenic trails, kayaking, wildlife viewing, and year-round recreational opportunities. With the Maumee River and Lake Erie nearby, boating, fishing, and waterfront enjoyment are always within easy reach. Toledo also offers a flourishing dining and brewery scene, charming local shops, and exciting sporting events with the Toledo Mud Hens and Toledo Walleye—all without the high costs of big-city living. Its central location provides quick access to Ann Arbor, Detroit, and other major hubs, making it ideal for commuters and weekend adventurers. With its strong sense of community, affordable housing, and continually growing amenities, Toledo delivers a high-quality lifestyle with exceptional value—an outstanding place to call home.

Key facts

  • 3,200 sq ft lot
  • Garage
  • Built 1912

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

  • At list price, monthly cash flow is $264 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($977 rent vs $75k).
  • Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
  • Cap rate 10.5% vs local median 7.7% in Toledo — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 66/100 on livability (#645 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, crime F, commute F.
  • Toledo City (urban): math 15% / reading 24% proficiency, ranked #634 of 656 in OH (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Grove Patterson Academy Elementary School (math 47% / reading 66%, grade C+, #761 of 1,584 statewide, top 48%, 403 students, 38% FRL); Start High School (math 11% / reading 33%, grade F, #672 of 781 statewide, top 86%, 1,242 students, 50% FRL) — zoned schools average 44% FRL vs 72% district-wide (28 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 39% at this address vs 20% district-wide (+20 pts) — the actual schools serving this property are materially stronger than the Toledo City average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising (+3.3%/yr); 118 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 415 units permitted in Lucas County in 2024 (122 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Lucas County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.3% rent growth), your $21k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 140 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 7y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $65k; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1912 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $65,912 (12.0% below list)

Questions for the listing agent

  1. It's been on market 140 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1912 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.30%
Cap rate
10.53%
Cash-on-cash
15.12%
DSCR
1.67
GRM
6.4

CMA / ARV

ARV (median comp)
$66,441
List price
$74,900
Delta
12.73%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1829 Talbot St 0.26mi 2/1.0 864 (+3%) 2mo $50,000 $58 81
1730 Balkan Pl 0.29mi 2/1.0 872 (+4%) 3mo $80,000 $92 77
2003 Berdan Ave 0.47mi 2/1.0 838 (+0%) 4mo $58,500 $70 74
3917 Almeda Dr 0.54mi 2/1.0 839 (+0%) 2mo $103,000 $123 73
3628 Wallwerth Dr 0.24mi 2/1.0 935 (+12%) 2mo $123,000 $132 67
1734 Barrows St 0.40mi 2/1.0 912 (+9%) 1mo $90,000 $99 65
2021 Barrows St 0.53mi 2/1.0 792 (-5%) 2mo $72,000 $91 65
1831 Talbot St 0.26mi 2/1.0 720 (-14%) 3mo $52,000 $72 62
3821 Jackman Rd 0.38mi 2/1.0 736 (-12%) 2mo $62,000 $84 61
3846 Burton Ave 0.52mi 2/1.0 906 (+8%) 4mo $99,900 $110 59
2022 Berdan Ave 0.52mi 2/1.0 712 (-15%) 4mo $45,198 $63 48
4025 Belmar Ave 0.66mi 2/1.0 723 (-14%) 2mo $97,000 $134 45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.3% rent growth · sell at horizon

5-year hold
IRR
6.1%
Equity multiple
1.24×
Total profit
$5,001
Equity at exit
$11,168
10-year hold
IRR
15.8%
Equity multiple
2.30×
Total profit
$27,288
Equity at exit
$6,476

Cash invested: $20,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
73 Landlord-Friendly
State Ohio
73 Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

ZIP-level market 43613

Home prices YoY
-20.7%
Rents YoY
3.3%
Active inventory
118
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$977 high interval (Pro) →
Mortgage (P&I)
$393
Tax from tax record
$84 /mo · $1,004/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$205
Net cashflow
$264

Break-even live

Break-even rent $643
Max offer price $74,900
Occupancy floor 68%

Sensitivity live

Price -10% $307 -5% $286 +0% $264 +5% $243 +10% $222
Rent -10% $187 -5% $226 +0% $264 +5% $303 +10% $342
Rate -1.0pp $302 -0.5pp $283 base $264 +0.5pp $245 +1.0pp $225

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$18,725
Closing costs
$2,247
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1705 Marlow Rd Toledo, OH 2.0 1.0 738 $1,000 $1.36 25d 1 0.04mi
1732 Talbot St Toledo, OH 2.0 1.0 840 $995 $1.18 25d 1 0.23mi
1846 Loxley Rd Toledo, OH 2.0 1.0 876 $900 $1.03 46d 1 0.25mi
1718 Giant St Toledo, OH 3.0 1.0 1080 $1,395 $1.29 16d 1 0.30mi
3683 Upton Ave Toledo, OH 3.0 1.0 1119 $1,100 $0.98 46d 1 0.31mi
1838 Giant St Toledo, OH 3.0 1.0 962 $1,200 $1.25 16d 1 0.34mi
1951 Loxley Rd Toledo, OH 2.0 1.0 804 $975 $1.21 25d 1 0.36mi
3801 Torrance Dr Unit 3801 4 Toledo, OH 1.0 1.0 750 $600 $0.80 25d 1 0.36mi
1804 Bigelow St Toledo, OH 3.0 1.0 995 $937 $0.94 46d 1 0.36mi
1489 Berdan Ave Toledo, OH 3.0 1.0 1068 $1,250 $1.17 46d 1 0.43mi
3817 Burton Ave Toledo, OH 3.0 1.0 754 $1,015 $1.35 23d 1 0.44mi
3940 Jackman Rd Unit B Toledo, OH 1.0 1.0 600 $650 $1.08 46d 1 0.52mi
3901 Leybourn Ave Toledo, OH 3.0 1.0 840 $1,150 $1.37 25d 1 0.54mi
2027 Berkshire Pl Toledo, OH 2.0 1.0 600 $845 $1.41 25d 1 0.58mi
3541 Willys Pkwy Toledo, OH 3.0 1.0 1113 $1,400 $1.26 46d 1 0.69mi
3835 Monroe St Toledo, OH 2.0 1.0 1002 $950 $0.95 46d 1 0.74mi
3803 Monroe St Toledo, OH 2.0 1.0 942 $850 $0.90 46d 1 0.75mi
3160 Matson Apt 27 Toledo, OH 1.0 1.0 567 $725 $1.28 23d 1 0.77mi
2716 Hoehler Dr Toledo, OH 1.0 1.0 720 $600 $0.83 46d 1 0.77mi
3150 Matson Unit 17 Toledo, OH 1.0 1.0 567 $799 $1.41 23d 1 0.78mi
3915 Willys Pkwy Unit 3915 Toledo, OH 3.0 1.0 1080 $800 $0.74 23d 1 0.82mi
2244 W Sylvania Ave Unit 6 Toledo, OH 2.0 1.0 800 $795 $0.99 46d 1 0.90mi
3615 Berkeley Dr Toledo, OH 3.0 1.0 1096 $1,400 $1.28 16d 1 0.96mi
3640 Douglas Rd Toledo, OH 1.0 1.0 720 $784 $1.09 46d 1 0.97mi
3812 Drexel Dr Apt 2 Toledo, OH 1.0 1.0 950 $773 $0.81 25d 1 0.97mi
3433 Douglas Rd Unit 3 Toledo, OH 1.0 1.0 750 $755 $1.01 16d 1 0.98mi
2802 Gunckel Blvd Toledo, OH 2.0 1.0 860 $1,100 $1.28 46d 1 0.98mi
3805 Berkeley Unit 3 Toledo, OH 1.0 1.0 700 $735 $1.05 16d 1 1.00mi
3644 Harley Rd Toledo, OH 2.0 1.0 1025 $975 $0.95 25d 1 1.03mi
4435 Jackman Rd Toledo, OH 1.0–2.0 1.0 725 $922 $1.27 16d 3 1.03mi
3022 Letchworth Pkwy Toledo, OH 2.0 1.0 800 $970 $1.21 46d 1 1.09mi
1919 Ottawa Dr Unit 7 Toledo, OH 2.0 1.0 900 $800 $0.89 46d 1 1.11mi
2356 Torrey Hill Dr Unit 11 Toledo, OH 2.0 1.0 1050 $800 $0.76 46d 1 1.13mi
2347 Rosedale Ave Toledo, OH 2.0 1.0 767 $875 $1.14 46d 1 1.15mi
2322 Upton Ave Toledo, OH 3.0 1.0 1000 $1,300 $1.30 46d 1 1.17mi
1738 Milburn Ave Toledo, OH 2.0 1.0 1016 $650 $0.64 25d 1 1.19mi
4158 Mayfield Dr Toledo, OH 2.0 1.0 960 $850 $0.89 16d 1 1.19mi
4290 Monroe St Unit 4 Toledo, OH 1.0 1.0 850 $695 $0.82 46d 1 1.29mi
2250 Torrey Hill Dr Unit 2254-5 Toledo, OH 1.0 1.0 563 $770 $1.37 46d 1 1.35mi
2650 Christie St Toledo, OH 1.0–2.0 1.0 800 $849 $1.06 46d 1 1.36mi

Listing history 29 events

  1. 2026-05-04
    status Pending 2284-char remark
    Show marketing remark (2284 chars)

    High-performing rental opportunity in a strong Toledo rental market! This 2-bedroom, 1-bath home features 836 sq ft of efficient living space on an easy-to-maintain 3,049 sq ft lot—ideal for long-term rental stability and low overhead. The property is currently occupied by a reliable long-term tenant paying $975 per month, delivering a great ROI for you to enjoy! The home offers a practical layout with potential for a 3 rd bedroom with the addition of one wall, comfortable living areas, and consistent tenant demand thanks to its proximity to key neighborhood amenities. Located just minutes from west Toledo shopping areas, local restaurants, parks, and essential services, tenants enjoy everyday convenience with quick access to public transit and major commuter routes. The area continues to attract steady renter interest, keeping vacancy rates low and cash flow strong. Whether you're expanding your portfolio or securing a high-yield rental in a proven submarket, this property offers affordability, performance, and immediate income from day one. Discover the unbeatable lifestyle Toledo has to offer—a vibrant city known for its affordability, natural beauty, and exceptional amenities. Residents enjoy access to some of the region's finest attractions, including the nationally acclaimed Toledo Zoo & Aquarium and the world-renowned Toledo Museum of Art, home to one of the most impressive collections in the country. Outdoor lovers appreciate Toledo's award-winning Metroparks system, featuring miles of scenic trails, kayaking, wildlife viewing, and year-round recreational opportunities. With the Maumee River and Lake Erie nearby, boating, fishing, and waterfront enjoyment are always within easy reach. Toledo also offers a flourishing dining and brewery scene, charming local shops, and exciting sporting events with the Toledo Mud Hens and Toledo Walleye—all without the high costs of big-city living. Its central location provides quick access to Ann Arbor, Detroit, and other major hubs, making it ideal for commuters and weekend adventurers. With its strong sense of community, affordable housing, and continually growing amenities, Toledo delivers a high-quality lifestyle with exceptional value—an outstanding place to call home.

  2. 2026-04-17
    price $74,900 2284-char remark
    Show marketing remark (2284 chars)

    High-performing rental opportunity in a strong Toledo rental market! This 2-bedroom, 1-bath home features 836 sq ft of efficient living space on an easy-to-maintain 3,049 sq ft lot—ideal for long-term rental stability and low overhead. The property is currently occupied by a reliable long-term tenant paying $975 per month, delivering a great ROI for you to enjoy! The home offers a practical layout with potential for a 3 rd bedroom with the addition of one wall, comfortable living areas, and consistent tenant demand thanks to its proximity to key neighborhood amenities. Located just minutes from west Toledo shopping areas, local restaurants, parks, and essential services, tenants enjoy everyday convenience with quick access to public transit and major commuter routes. The area continues to attract steady renter interest, keeping vacancy rates low and cash flow strong. Whether you're expanding your portfolio or securing a high-yield rental in a proven submarket, this property offers affordability, performance, and immediate income from day one. Discover the unbeatable lifestyle Toledo has to offer—a vibrant city known for its affordability, natural beauty, and exceptional amenities. Residents enjoy access to some of the region's finest attractions, including the nationally acclaimed Toledo Zoo & Aquarium and the world-renowned Toledo Museum of Art, home to one of the most impressive collections in the country. Outdoor lovers appreciate Toledo's award-winning Metroparks system, featuring miles of scenic trails, kayaking, wildlife viewing, and year-round recreational opportunities. With the Maumee River and Lake Erie nearby, boating, fishing, and waterfront enjoyment are always within easy reach. Toledo also offers a flourishing dining and brewery scene, charming local shops, and exciting sporting events with the Toledo Mud Hens and Toledo Walleye—all without the high costs of big-city living. Its central location provides quick access to Ann Arbor, Detroit, and other major hubs, making it ideal for commuters and weekend adventurers. With its strong sense of community, affordable housing, and continually growing amenities, Toledo delivers a high-quality lifestyle with exceptional value—an outstanding place to call home.

  3. 2026-03-23
    price $77,000 2284-char remark
    Show marketing remark (2284 chars)

    High-performing rental opportunity in a strong Toledo rental market! This 2-bedroom, 1-bath home features 836 sq ft of efficient living space on an easy-to-maintain 3,049 sq ft lot—ideal for long-term rental stability and low overhead. The property is currently occupied by a reliable long-term tenant paying $975 per month, delivering a great ROI for you to enjoy! The home offers a practical layout with potential for a 3 rd bedroom with the addition of one wall, comfortable living areas, and consistent tenant demand thanks to its proximity to key neighborhood amenities. Located just minutes from west Toledo shopping areas, local restaurants, parks, and essential services, tenants enjoy everyday convenience with quick access to public transit and major commuter routes. The area continues to attract steady renter interest, keeping vacancy rates low and cash flow strong. Whether you're expanding your portfolio or securing a high-yield rental in a proven submarket, this property offers affordability, performance, and immediate income from day one. Discover the unbeatable lifestyle Toledo has to offer—a vibrant city known for its affordability, natural beauty, and exceptional amenities. Residents enjoy access to some of the region's finest attractions, including the nationally acclaimed Toledo Zoo & Aquarium and the world-renowned Toledo Museum of Art, home to one of the most impressive collections in the country. Outdoor lovers appreciate Toledo's award-winning Metroparks system, featuring miles of scenic trails, kayaking, wildlife viewing, and year-round recreational opportunities. With the Maumee River and Lake Erie nearby, boating, fishing, and waterfront enjoyment are always within easy reach. Toledo also offers a flourishing dining and brewery scene, charming local shops, and exciting sporting events with the Toledo Mud Hens and Toledo Walleye—all without the high costs of big-city living. Its central location provides quick access to Ann Arbor, Detroit, and other major hubs, making it ideal for commuters and weekend adventurers. With its strong sense of community, affordable housing, and continually growing amenities, Toledo delivers a high-quality lifestyle with exceptional value—an outstanding place to call home.

  4. 2025-12-29
    status Active 2284-char remark
    Show marketing remark (2284 chars)

    High-performing rental opportunity in a strong Toledo rental market! This 2-bedroom, 1-bath home features 836 sq ft of efficient living space on an easy-to-maintain 3,049 sq ft lot—ideal for long-term rental stability and low overhead. The property is currently occupied by a reliable long-term tenant paying $975 per month, delivering a great ROI for you to enjoy! The home offers a practical layout with potential for a 3 rd bedroom with the addition of one wall, comfortable living areas, and consistent tenant demand thanks to its proximity to key neighborhood amenities. Located just minutes from west Toledo shopping areas, local restaurants, parks, and essential services, tenants enjoy everyday convenience with quick access to public transit and major commuter routes. The area continues to attract steady renter interest, keeping vacancy rates low and cash flow strong. Whether you're expanding your portfolio or securing a high-yield rental in a proven submarket, this property offers affordability, performance, and immediate income from day one. Discover the unbeatable lifestyle Toledo has to offer—a vibrant city known for its affordability, natural beauty, and exceptional amenities. Residents enjoy access to some of the region's finest attractions, including the nationally acclaimed Toledo Zoo & Aquarium and the world-renowned Toledo Museum of Art, home to one of the most impressive collections in the country. Outdoor lovers appreciate Toledo's award-winning Metroparks system, featuring miles of scenic trails, kayaking, wildlife viewing, and year-round recreational opportunities. With the Maumee River and Lake Erie nearby, boating, fishing, and waterfront enjoyment are always within easy reach. Toledo also offers a flourishing dining and brewery scene, charming local shops, and exciting sporting events with the Toledo Mud Hens and Toledo Walleye—all without the high costs of big-city living. Its central location provides quick access to Ann Arbor, Detroit, and other major hubs, making it ideal for commuters and weekend adventurers. With its strong sense of community, affordable housing, and continually growing amenities, Toledo delivers a high-quality lifestyle with exceptional value—an outstanding place to call home.

  5. 2025-12-22
    status Pending 2284-char remark
    Show marketing remark (2284 chars)

    High-performing rental opportunity in a strong Toledo rental market! This 2-bedroom, 1-bath home features 836 sq ft of efficient living space on an easy-to-maintain 3,049 sq ft lot—ideal for long-term rental stability and low overhead. The property is currently occupied by a reliable long-term tenant paying $975 per month, delivering a great ROI for you to enjoy! The home offers a practical layout with potential for a 3 rd bedroom with the addition of one wall, comfortable living areas, and consistent tenant demand thanks to its proximity to key neighborhood amenities. Located just minutes from west Toledo shopping areas, local restaurants, parks, and essential services, tenants enjoy everyday convenience with quick access to public transit and major commuter routes. The area continues to attract steady renter interest, keeping vacancy rates low and cash flow strong. Whether you're expanding your portfolio or securing a high-yield rental in a proven submarket, this property offers affordability, performance, and immediate income from day one. Discover the unbeatable lifestyle Toledo has to offer—a vibrant city known for its affordability, natural beauty, and exceptional amenities. Residents enjoy access to some of the region's finest attractions, including the nationally acclaimed Toledo Zoo & Aquarium and the world-renowned Toledo Museum of Art, home to one of the most impressive collections in the country. Outdoor lovers appreciate Toledo's award-winning Metroparks system, featuring miles of scenic trails, kayaking, wildlife viewing, and year-round recreational opportunities. With the Maumee River and Lake Erie nearby, boating, fishing, and waterfront enjoyment are always within easy reach. Toledo also offers a flourishing dining and brewery scene, charming local shops, and exciting sporting events with the Toledo Mud Hens and Toledo Walleye—all without the high costs of big-city living. Its central location provides quick access to Ann Arbor, Detroit, and other major hubs, making it ideal for commuters and weekend adventurers. With its strong sense of community, affordable housing, and continually growing amenities, Toledo delivers a high-quality lifestyle with exceptional value—an outstanding place to call home.

  6. 2025-12-08
    listed $79,900 Active 2284-char remark
    Show marketing remark (2284 chars)

    High-performing rental opportunity in a strong Toledo rental market! This 2-bedroom, 1-bath home features 836 sq ft of efficient living space on an easy-to-maintain 3,049 sq ft lot—ideal for long-term rental stability and low overhead. The property is currently occupied by a reliable long-term tenant paying $975 per month, delivering a great ROI for you to enjoy! The home offers a practical layout with potential for a 3 rd bedroom with the addition of one wall, comfortable living areas, and consistent tenant demand thanks to its proximity to key neighborhood amenities. Located just minutes from west Toledo shopping areas, local restaurants, parks, and essential services, tenants enjoy everyday convenience with quick access to public transit and major commuter routes. The area continues to attract steady renter interest, keeping vacancy rates low and cash flow strong. Whether you're expanding your portfolio or securing a high-yield rental in a proven submarket, this property offers affordability, performance, and immediate income from day one. Discover the unbeatable lifestyle Toledo has to offer—a vibrant city known for its affordability, natural beauty, and exceptional amenities. Residents enjoy access to some of the region's finest attractions, including the nationally acclaimed Toledo Zoo & Aquarium and the world-renowned Toledo Museum of Art, home to one of the most impressive collections in the country. Outdoor lovers appreciate Toledo's award-winning Metroparks system, featuring miles of scenic trails, kayaking, wildlife viewing, and year-round recreational opportunities. With the Maumee River and Lake Erie nearby, boating, fishing, and waterfront enjoyment are always within easy reach. Toledo also offers a flourishing dining and brewery scene, charming local shops, and exciting sporting events with the Toledo Mud Hens and Toledo Walleye—all without the high costs of big-city living. Its central location provides quick access to Ann Arbor, Detroit, and other major hubs, making it ideal for commuters and weekend adventurers. With its strong sense of community, affordable housing, and continually growing amenities, Toledo delivers a high-quality lifestyle with exceptional value—an outstanding place to call home.

  7. 2025-10-14
    price $65,000 304-char remark
    Show marketing remark (304 chars)

    Income producing property ready for new owners! Two bedroom, one bath home rented for $925 a month through February 2025. New furnace in 2024! New carpet and fresh paint throughout. Vinyl windows and siding. Cute sunporch on the front and a bonus den addition. Home warranty in place. Nothing left to do!

  8. 2025-10-13
    price $54,000
  9. 2024-10-02
    soldstatus $65,000
  10. 2024-09-18
    status Pending 304-char remark
    Show marketing remark (304 chars)

    Income producing property ready for new owners! Two bedroom, one bath home rented for $925 a month through February 2025. New furnace in 2024! New carpet and fresh paint throughout. Vinyl windows and siding. Cute sunporch on the front and a bonus den addition. Home warranty in place. Nothing left to do!

  11. 2024-09-17
    soldstatus $65,000 Closed 304-char remark
    Show marketing remark (304 chars)

    Income producing property ready for new owners! Two bedroom, one bath home rented for $925 a month through February 2025. New furnace in 2024! New carpet and fresh paint throughout. Vinyl windows and siding. Cute sunporch on the front and a bonus den addition. Home warranty in place. Nothing left to do!

  12. 2024-09-01
    historical Contingent 304-char remark
    Show marketing remark (304 chars)

    Income producing property ready for new owners! Two bedroom, one bath home rented for $925 a month through February 2025. New furnace in 2024! New carpet and fresh paint throughout. Vinyl windows and siding. Cute sunporch on the front and a bonus den addition. Home warranty in place. Nothing left to do!

  13. 2024-08-26
    status Active 304-char remark
    Show marketing remark (304 chars)

    Income producing property ready for new owners! Two bedroom, one bath home rented for $925 a month through February 2025. New furnace in 2024! New carpet and fresh paint throughout. Vinyl windows and siding. Cute sunporch on the front and a bonus den addition. Home warranty in place. Nothing left to do!

  14. 2024-07-31
    historical Contingent 304-char remark
    Show marketing remark (304 chars)

    Income producing property ready for new owners! Two bedroom, one bath home rented for $925 a month through February 2025. New furnace in 2024! New carpet and fresh paint throughout. Vinyl windows and siding. Cute sunporch on the front and a bonus den addition. Home warranty in place. Nothing left to do!

  15. 2024-07-18
    listed $74,900 Active 304-char remark
    Show marketing remark (304 chars)

    Income producing property ready for new owners! Two bedroom, one bath home rented for $925 a month through February 2025. New furnace in 2024! New carpet and fresh paint throughout. Vinyl windows and siding. Cute sunporch on the front and a bonus den addition. Home warranty in place. Nothing left to do!

  16. 2024-04-28
    historical $925
  17. 2024-04-23
    listed $925
  18. 2024-01-19
    historical
  19. 2024-01-13
    price $54,000
  20. 2023-11-16
    listed $59,900 Active
  21. 2023-03-10
    soldstatus $54,000
  22. 2023-03-03
    soldstatus $54,000 Closed
  23. 2023-01-23
    status Pending
  24. 2023-01-23
    price $63,900
  25. 2023-01-11
    listed $63,900 Active
  26. 2021-04-19
    historical
  27. 2021-01-13
    listed $49,900
  28. 2019-09-04
    soldstatus $19,900
  29. 2019-07-24
    listed $19,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

Current annual tax
$1,004 · $84/mo
Projected year-2 tax
$1,086 · $91/mo
Expected delta
+$82/yr (+$7/mo · 8.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥101°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$11,726
− Mortgage interest
−$4,196
− Property taxes
−$1,004
− Insurance
−$374
− Repairs & maintenance
−$938
− Management
−$938
− Depreciation
−$2,179
Taxable income
$2,097
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$503
After-tax cash flow
$2,668/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Toledo City
NCES district ID
3904490
Math proficiency
15% ▼ -16.00%
Reading proficiency
24% ▼ -13.00%
Median HH income
$32,137
Composite
15.76/100
National rank
#9276
State rank
#634 of 656 in OH

Livability — Toledo

Score
66/100
State rank
#645
US rank
#11442

Category grades

Amenities C- Commute F Cost of living A+ Crime F Employment F Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Toledo, OH
County
Lucas County · 380,724 people
City population
280,811
Metro
Toledo, OH
Population (ZIP)
30,780
Household income
$64,384
Rent vs Own
32.5% rent · 67.5% own
Severe rent burden
917.0

Population outlook (Lucas County) Hauer SSP2

Today (2025)
420,751 people
By 2030
410,187 · -2.5%
By 2040
384,019 · -8.7%
By 2050
355,125 · -15.6%
By 2075
291,683 · -30.7%
By 2100
233,670 · -44.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (71%)
Race & ethnicity
White 71% Black 15% Two or more races 10% Hispanic / Latino 7%
Hispanic origin (detail)
Mexican 5%
Common ancestry
Romanian 9% Lithuanian 3% Slovak 1%
Foreign-born
2% · Canada
Languages at home
95% English-only · Spanish 3% Arabic 1%

Political lean MEDSL · Lucas

2024 margin
D (+12.6) · D 55.8% · R 43.2%
2008→2024 swing
-18.9pp toward R · 2008: 31.4pp · 2024: 12.6pp
All cycles
2024: D+12.6 2020: D+16.8 2016: D+17.4 2012: D+30.4 2008: D+31.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -62.37%
Current HPI
239.1345
Rent YoY
▲ 3.30%
Metro
Toledo, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+276.4% since first listed
29 events — show timeline
  • 2026-05-04 Pending NORIS
  • 2026-04-17 Price Changed $74,900 NORIS
  • 2026-03-23 Price Changed $77,000 NORIS
  • 2025-12-29 Relisted NORIS
  • 2025-12-22 Pending NORIS
  • 2025-12-08 Listed $79,900 NORIS
  • 2025-10-14 Price Changed $65,000 NORIS
  • 2025-10-13 Price Changed $54,000 NORIS
  • 2024-10-02 Sold (Public Records) $65,000 Public Records
  • 2024-09-18 Pending NORIS
  • 2024-09-17 Sold (MLS) $65,000 NORIS
  • 2024-09-01 Contingent NORIS
  • 2024-08-26 Relisted NORIS
  • 2024-07-31 Contingent NORIS
  • 2024-07-18 Listed $74,900 NORIS
  • 2024-04-28 Rental Removed $925 APPFOLIO
  • 2024-04-23 Listed for Rent $925 APPFOLIO
  • 2024-01-19 Listing Removed NORIS
  • 2024-01-13 Price Changed $54,000 NORIS
  • 2023-11-16 Listed $59,900 NORIS
  • 2023-03-10 Sold (Public Records) $54,000 Public Records
  • 2023-03-03 Sold (MLS) $54,000 NORIS
  • 2023-01-23 Pending NORIS
  • 2023-01-23 Price Changed $63,900 NORIS
  • 2023-01-11 Listed $63,900 NORIS
  • 2021-04-19 Listing Removed NORIS
  • 2021-01-13 Listed $49,900 NORIS
  • 2019-09-04 Sold (MLS) $19,900 NORIS
  • 2019-07-24 Listed $19,900 NORIS

Property tax history

+1.1%/yr

Latest (2025): $1,004 · +1.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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