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5702 Edgewater Dr, Toledo, OH, 43611

1beds
1baths
606sqft
$55,000
$91price/sqft
$590/moest. monthly cost
$23,600/yrincome needed

About This Home

Investors, take a look! This charming 1-bedroom bungalow in Point Place is just minutes from the water and offers immediate rental income with a long-term tenant currently paying $500/month, with room for future rent increases. Recent updates include a new roof (2020), new hot water tank, and new vinyl flooring throughout. Don't miss this great investment opportunity!

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

7/10
4/10
3/10
Woodward High SchoolGrades 9-124.3 mi

Construction

Condition

  • Year built: 1907

Materials

  • Foundation: Crawl Space
  • Roof: Flat
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main

Features

  • Other
  • Flooring: Vinyl
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 606
  • Total interior livable area: 606 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Main

Property

Details

  • Parcel number: 1161751

Features

  • Levels: One

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25X100

Parking

  • Parking features: Off Street,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $278$3,336
Home Insurance *$43$516
Property Taxes $76$912
Electricity $193$2,320
Total$590$7,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$20,228/yr
40% on housing$17,700/yr
45% on housing$15,733/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 43611$73
Lucas County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 43611$137
Lucas County$125

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-13Listed for sale$55,000

For Sale by Agent

AgentAlexandria Teets
BrokerageSerenity Realty LLC

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