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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Elyria at 127 Richmond Ct, Elyria, OH, 44035 priced at $266,800 pairs $2,284/mo rent with $529/mo cash flow after a $1,306/mo payment. Total monthly income equals $2,284/mo, and annual cash flow comes to $6,347/yr on $88,444 invested. Return on cash invested is 27.08% in year one, and rental yield stands at 10.27% on a $266,800 basis. Equity gained on principal adds $1,722/yr, and 5% annual appreciation accumulates to $73,712 by year five. Five-year ROI measures 141.83% and total cumulative return in cash reaches $125,440. For financing, Ziffy Mortgage’s DSCR program evaluates $2,284/mo property income against a $1,306/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44035, Elyria, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,060 (100%) |
| Owner Occupied HU | 17,525 (58.3%) |
| Renter Occupied HU | 10,366 (34.5%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $163,574 |
| Average Home Value | $187,977 |
Residential
28,707
Single Family
24,750
Multi-Family
3,957
Businesses
1,724
Date | Event | Price |
|---|---|---|
| 2025-10-04 | Listing removed | $269,900 |
| 2025-09-24 | Pending sale | $269,900 |
| 2025-09-20 | Price change | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $2260.00 | 22.14% | $72,870 | 24.78% |
| 2023-10-08 | $1850.32 | -19.01% | $58,400 | N/A |
| 2022-10-08 | $2284.72 | -0.31% | $58,400 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
