Why This Provider?
Founded in 2014, this company has helped hundreds of investors grow their portfolio with cash flowing properties. They take on the heavy lifting of due diligence when locating an affordable house with strong rental returns. Their team finds and renovates properties, and then sells them at below-market rates so that you have a ready-to-rent turnkey investment. All properties are professionally managed to minimize vacancies and maximize your rental income.
Toledo is located in northwestern Ohio on the shores of Lake Erie. It has consistently been voted as one of the top ten cash-flowing and affordable markets in the country. This status makes it the most favorable real estate market for those looking to buy a single-family rental property. According to Realtor.com, “as of October 2023, Toledo’s median home listing price was 51.6% lower than the national median home price. The region offers a cost-effective housing market with a range of options, making it appealing to first-time buyers and families alike. Toledo is known for its welcoming and close-knit communities, where residents can enjoy a high quality of life without the high cost of living found in larger cities. Manufacturing, healthcare, education, and government jobs are most prevalent. The city also offers cultural amenities, parks, and recreational activities, such as the Toledo Zoo and the scenic Maumee River, providing a well-rounded lifestyle for those seeking an affordable and engaging place to call home in the Midwest.”
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.
City Stats for 2023
City Area: 84.12 square miles
Median Age: 35.4
Median Household Income: $45,405