1222 W 6th St, Lorain, OH, 44052 | $1,282/mo Cash Flow

Off market

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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 1222 W 6th St, Lorain, OH, 44052 uses $37,532 cash to close to unlock $15,387/yr annual cash flow and $1,282/mo monthly cash flow. Total monthly income runs $2,302/mo, and a $554/mo payment keeps the spread at $1,282/mo. Purchase price stands at $113,220, and rental yield measures 24.4% with $2,302/mo rent. Return on cash invested shows 60.91% in year one, and 5% annual appreciation builds toward $31,281 over five years. Five-year ROI reaches 326.51% and total cumulative return in cash records $122,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,302/mo property income covering a $554/mo payment rather than investor’s personal income.

Single Family

Built in 1900

0.25 Acres lot

$N/A/sqft

No HOA