Low cost buy to let rental with yields up to 15%

Toledo Below Market Value Buy To Lets

Principal International are pleased to offer our clients a number of exciting investment opportunities in the United States. We have properties in a number of areas and below are the properties we are currently offering in the Toledo Ohio area.

These properties offer our clients the opportunity to capitalize on a small window of opportunity to acquire a property that provides high yields with the potential for long term appreciation. Tenants are sourced for the properties with some already due to move into the properties which have been renovated to a quality that exceeds HUD standards. The properties are also offered with Home Warranty Insurance against unforeseen repairs and investors can avail themselves of vacancy insurance should they wish.

Investors can be reassured that these properties will be bought  freehold and are clean, clear and have debt free title. They will be rented at market rentals or will become part of the US Department of Housing approved rental properties with secure rental payments backed by the US Government and provide yields at up to 15% . these properties start  at a low price point of around £35,000 and provide the purchaser with a hands off investment.

Why Toledo

• 46% of people living in Toledo are currently renting their homes
• Toledo fair  market rent in 2009 for a three bedroom home $700 -950 depending on size
• The city is home to many major employers including two fortune 500 companies including Dana corporation, Owens Corning and the university.
• The Ohio Cultural facilities Commission approved $4.9 million for the Marina District to develop the Riverfront park portion of the $300 million Marina District development.
• Toledo is  diversifying their  economy with the universities research into fields such and solar energy attracting new companies as mentioned by Barack Obama during the 2008 election
• The cost of living index states Toledo is 19.25% cheaper than the average US city
• Good demographic base for rental house sector over long term