1202 Oberlin Ave, Lorain, OH, 44052 | $155/mo Cash Flow

For Sale

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

Investment property for sale in Lorain at 1202 Oberlin Ave, Lorain, OH, 44052 at $148,500 posts ROI 23.69% with $155/mo cash flow from $1,132/mo rent. Total monthly income equals $1,132/mo, and annual cash flow records $1,860/yr on $49,228 to close. Return on cash invested measures 23.69% and rental yield reads 9.15% at the current $148,500. Equity gained on principal adds $958/yr, and 5% annual appreciation supports $41,028 by year five. Five-year ROI prints 123.74% and total cumulative return in cash totals $60,915.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,132/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1920

5,227 sqft lot

$N/A/sqft

No HOA