Perrysburg is located in a what is considered a small market for 5+ unit multifamily loans. Multifamily loans in Perrysburg are considered moderate risk due to market dynamics. Interest rates for multifamily loans in Perrysburg are slightly higher than the national average. Perrysburg apartments may be eligible for non-recourse multifamily loans up to 75% for purchases and 70% for refinances. SoftQuotes' lenders will lend lend on 5+ unit multifamily properties in Perrysburg.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Perrysburg are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.56% - 7.30% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.40% - 6.80% |
Freddie Mac® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 5.58% - 5.82% |
| 7 Year Fixed | 5.29% - 5.53% |
| 10 Year Fixed | 5.13% - 5.37% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.36% - 7.10% |
| 7 Year Fixed | 6.26% - 6.77% |
| 10 Year Fixed | 6.20% - 6.60% |
Freddie Mac® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 5.65% - 5.80% |
| 7 Year Fixed | 5.66% - 5.81% |
| 10 Year Fixed | 5.66% - 5.81% |
Agency lenders along with regional banks and credit unions are most likely to lend on multifamily properties in Perrysburg.
The city of Perrysburg in Wood County has a population of 21,626. The median rent in Wood County for a 2 bedroom is $848. The median Perrysburg resident is 37 years old with a yearly income of $49,597. The average family has 3.09 members and a median household income of $90,633. Perrysburg has a 53% higher education rate. The unemployment rate in Perrysburg is 3.3%.
34.9% of Perrysburg households are renters.
20.9% median household income spent on rent.
Bedrooms |
Wood County 1 |
Ohio 2 |
National 2 |
|---|---|---|---|
| Studio | $572 | $597 | $737 |
| 1 bedroom | $656 | $662 | $813 |
| 2 bedroom | $848 | $834 | $1,015 |
| 3 bedroom | $1,151 | $1,084 | $1,325 |
| 4 bedroom | $1,261 | $1,205 | $1,521 |
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