1026 W 4th St, Lorain, OH, 44052 | $661/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1026 W 4th St, Lorain, OH, 44052 | $661/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1248 sft

2401 Collins Rd, Collins, OH, 44826

3 Bed
2 Bath
- sft

1510 W 29th St, Lorain, OH, 44052

4 Bed
2 Bath
1752 sft

9602 Harrison Rd, Wakeman, OH, 44889

3 Bed
1 Bath
1168 sft

1921 E Skyline Dr, Lorain, OH, 44053

Nearby investment properties with comparable prices

2 Bed
1 Bath
- sft

351 Woodridge Rd, Vermilion, OH, 44089

3 Bed
2 Bath
1232 sft

1240 W 27th St, Lorain, OH, 44052

3 Bed
1 Bath
1451 sft

3211 Kneirim Dr, Lorain, OH, 44053

2 Bed
1 Bath
1430 sft

2022 E Skyline Dr, Lorain, OH, 44053

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lorain at 1026 W 4th St, Lorain, OH, 44052 listed at $169,000 pairs $1,772/mo rent with a $827/mo payment to leave $661/mo cash flow. Total monthly income runs $1,772/mo, and annual cash flow reaches $7,926/yr on $56,024 cash to close. Return on cash invested measures 34.06% in year one, and rental yield registers 12.58% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 179.25% and total cumulative return in cash totals $100,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,772/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1900

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Newly Remodeled Duplex Near Downtown, Rockin' on the River & Lake Erie! Discover this beautifully updated duplex just steps from vibrant Broadway Ave., the excitement of Rockin' on the River and the scenic shores of Lake Erie. Both units have been tastefully updated. Downstairs unit (currently occupied) features 2 bedrooms, 1 full bath and a full basement with laundry hookups. Upstairs unit (vacant) offers 2 bedrooms, 1 full bath, a designated laundry area and a large third floor bonus room. Each unit has its own furnace and gas meter. Newer furnaces! Exterior features include a 1 car garage and additional parking behind the home. Private entrance to each unit from the front or back of home. Recent updates include vinyl windows, carpet, laminate flooring, hot water tank and interior paint. Great opportunity to live in one unit and rent the other. Perfect for an owner-occupant or investor. Call for a private showing!