1211 W 10th St,Lorain,OH,44052

Investment Highlights

Investment property for sale in Lorain at 1211 W 10th St, Lorain, OH, 44052 listed at $156,900 pairs $1,500/mo rent with a $768/mo payment to leave $468/mo cash flow. Total monthly income runs $1,500/mo, and annual cash flow reaches $5,615/yr on $52,012 cash to close. Return on cash invested measures 30.7% in year one, and rental yield registers 11.47% at a $156,900 basis. Equity gained on principal adds $1,012/yr, and annual property appreciation at 5% supports $43,349 by year five. Five-year ROI tracks 161.22% and total cumulative return in cash totals $83,856. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $768/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).