$14,900 · TOLEDO, OH 43611
Works for flippers · The rent looks wrong

Available

$14,900Asking price

6 bd · 2 ba · 2,310 sq ft · built 1902

TOLEDO, OH 43611

No contract on file

Price Drop

via InvestorLift Classic

1 view · listed Oct 22

Works for flippers

The rent looks wrong

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $185,000
Asking price: −$14,900
RepairsMiddle of the seller’s $50,000 – $53,000. Ours: $123,000 – $205,000: −$51,500
Loan, holding, closing20% down, 12% interest, 2 points, 81 days: −$6,553
Profit60.6% of ARV · flippers want 10%+: $112,047
Works

Works for a flipper up to $102,000.

OPTIMAL HOME BUYERS

Yanna Howard

No reviews yet

Comps

Sales

Rents

ARV $185,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $94,000.

The sales behind this value are shown to members.

ARV $185,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

OPTIMAL HOME BUYERS

Yanna Howard

No reviews yet

Seller Description

Vacant 6-bed, 2-bath SFH priced at just $14.9K, offering an opportunity to add another buy/hold property to your portfolio. Nearby as-is comps have sold for $25.8K–$35K, with estimated rents of $1,100/month in this specific pocket of Toledo. Need more rentals ?

Property Details – 3015 Edison St, Toledo, OH 43611

Bdr/Bth: 6/2
Htd: 2,310 sqft
Lot: 6,900 sqft
Construction: Frame
Year Built: 1902
Condition: Full Reno Needed
Property Type: SFH
Occupancy: Vacant
Parking: Off-Street Parking
Utilities: Well (verify remaining utility details)
Roof: Approx. 15 years old
Waterline: Copper, from street to house
Location Note: Next to commercial property

Investment Numbers

Asking Price: $14,900
Est. Rent: $1,100/month ($13,200/year)

As-Is Comps

1978 N Michigan St, Toledo, OH 43611: Sold for $25,800 cash (May 2026) | 2/1 | 1,180 sqft | 5,000 sqft lot | Frame | Built 1907
2011 N Summit St, Toledo, OH 43611: Sold for $28,000 (Nov 2025) | 3/1 | 1,320 sqft | 4,200 sqft lot | Frame | Built 1882
1970 N Ontario St, Toledo, OH 43611: Sold for $35,000 cash, as-is (Dec 2025) | 1,271 sqft | 3,000 sqft lot | Frame | Built 1892..

If you have any questions, please reach out to Yanna at (786) 840 5188 or Carlos at (786) 786-8446