1031 W 9th St,Lorain,OH,44052

Investment Highlights

Investment property for sale in Lorain at 1031 W 9th St, Lorain, OH, 44052 listed at $104,000 pairs $1,088/mo rent with a $509/mo payment to leave $404/mo cash flow. Total monthly income runs $1,088/mo, and annual cash flow reaches $4,847/yr on $34,476 cash to close. Return on cash invested measures 33.97% in year one, and rental yield registers 12.55% at a $104,000 basis. Equity gained on principal adds $671/yr, and annual property appreciation at 5% supports $28,733 by year five. Five-year ROI tracks 178.73% and total cumulative return in cash totals $61,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,088/mo property income relative to a $509/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).