1717 Fairfax Rd · Toledo, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 3/10 · Minor
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- 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?
- Built in 1912 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- 6.1%
- Equity multiple
- 1.24×
- Total profit
- $5,001
- Equity at exit
- $11,168
- 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
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
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$205
- Net cashflow
- $264
Break-even live
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
| Address | Beds | Baths | Sqft | Rent | $/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
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2026-05-04status 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.
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2026-04-17price $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.
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2026-03-23price $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.
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2025-12-29status 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.
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2025-12-22status 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.
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2025-12-08$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.
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2025-10-14price $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!
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2025-10-13price $54,000
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2024-10-02soldstatus $65,000
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2024-09-18status 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!
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2024-09-17soldstatus $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!
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2024-09-01historical 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!
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2024-08-26status 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!
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2024-07-31historical 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!
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2024-07-18$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!
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2024-04-28historical $925
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2024-04-23$925
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2024-01-19historical
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2024-01-13price $54,000
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2023-11-16$59,900 Active
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2023-03-10soldstatus $54,000
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2023-03-03soldstatus $54,000 Closed
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2023-01-23status Pending
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2023-01-23price $63,900
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2023-01-11$63,900 Active
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2021-04-19historical
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2021-01-13$49,900
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2019-09-04soldstatus $19,900
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2019-07-24$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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Insurance | 3 | $145B |
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| Industrial Machinery | 3 | $49B |
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| Financial Services | 3 | $24B |
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| Consumer Goods | 2 | $93B |
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| Aerospace / Defense | 2 | $47B |
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| Utilities | 2 | $33B |
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Price history
+276.4% since first listed29 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%/yrLatest (2025): $1,004 · +1.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…