Toledo, OH

Why Toledo?

Toledo was recently voted the 2nd most affordable housing market for the US middle class and ranked 3rd best market for investing in single family turnkey rentals.

In a ranking of the ten most undervalued metro areas in the US, Toledo , Ohio ranked number seven. “…home prices are the most undervalued in Ohio. “…in several of the most undervalued markets, including Detroit and Chicago, prices are now rising year-over-year in the double digits,” writes Jed Kolko, chief economist at Trulia. “But those markets are unlikely to stay on the most-undervalued list for many more quarters.” – Business Insider

Toledo, Ohio is a “five star logistics region” with access to Cleveland, Columbus, Dayton, Chicago and Detroit. The city has become well known for its industry in glass and auto assembly as well as healthcare and local sports. With its many nearby universities and large public school system, Toledo has established itself as an economic pillar in the State of Ohio.

Fast Facts

  • Steady Job Market – Toledo benefits from numerous manufacturing facilities which comprise one-fifth of Toledo’s economic base.
  • Toledo was ranked #9 in a list of the Best Cities for Jobs this Fall by Forbes.com.

  • Cost Of Living –  Toledo is less expensive than many other metropolitan areas, making the rent more affordable for tenants.
  • Major Foreign Investment – Chinese companies have pledged to invest $200 million in a new residential-commercial development in the city’s Marina District.
  • Great Education – University of Toledo comprises of 23,000 students and has the 3rd largest operating budget in the State of Ohio.
  • Recently ranked second for both lowest cost of living and cheapest office space when compared to 150 major US cities. Overall, Toledo was ranked the 39th best place to start a business.

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Metro Profile

85th

MSA Population Ranking: 646,833

stats from en.wikipedia.org

$39,902

Median Household Income

stats from en.wikipedia.org

2.02%

Average Annual Appreciation Rate

stats from www.neighborhoodscout.com

Properties in Toledo

Find Us

18765 SW Boones Ferry Rd.
Suite 325
Tualatin OR 97062

P: 503-217-2444
T: 855-290-2444
F: 503-655-3318
E: invest@northpeakinvest.com

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