1029 W 10th St, Lorain, OH, 44052 | $486/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lorain at 1029 W 10th St, Lorain, OH, 44052 generates $1,341/mo in rent and, after a $636/mo payment, leaves $486/mo in cash flow. Total monthly income is $1,341/mo, and annual cash flow is $5,836/yr on $43,062 invested. Return on cash invested sits at 33.46% in year one, and rental yield is 12.39% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 176.14% and total cumulative return in cash sums $75,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,341/mo property income rather than buyer’s personal income.

Multi Family

Built in 1922

6,534 sqft lot

$N/A/sqft

No HOA