1346 W 7th St,Lorain,OH,44052

Investment Highlights

Investment property for sale in Lorain at 1346 W 7th St, Lorain, OH, 44052 listed at $303,000 pairs $2,134/mo rent with a $1,483/mo payment to leave $141/mo cash flow. Total monthly income runs $2,134/mo, and annual cash flow reaches $1,691/yr on $100,445 cash to close. Return on cash invested measures 21.59% in year one, and rental yield registers 8.45% at a $303,000 basis. Equity gained on principal adds $1,955/yr, and annual property appreciation at 5% supports $83,713 by year five. Five-year ROI tracks 112.38% and total cumulative return in cash totals $112,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,134/mo property income relative to a $1,483/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).