Toledo ranked #1 for the best cash-flowing markets. Here’s Why:

Stable Market: The city is home to a number of large companies and has been ranked first for new business investments. These opportunities attract investors and create new jobs which increases rental demand offering consistent growth and returns on investment properties.

Affordable Median List Price: The average median list price of properties in Toledo is $109,000, according to Realtor.com (as November 2023), making the Toledo housing market an attractive investment area in the Midwest.

Low cost of living: Toledo has a lower cost of living in many categories, making it more attractive to renters and investors.

Revitalization efforts: Toledo has undergone revitalization efforts in recent years, focusing on improving downtown areas and attracting new businesses. These efforts can increase property values and potential opportunities for real estate investors to benefit from the city’s growth.

Strategic location: Toledo’s location in the Great Lakes region provides advantages for trade and transportation. The city has access to major highways and is connected to the St. Lawrence Seaway, making it a transportation hub. The city’s strategic location helps attract new industries and contributes to economic growth, positively impacting the real estate market

Toledo is home to several universities and colleges, such as the University of Toledo. These institutions attract many students, creating a consistent demand for off-campus housing.