1413 F St,Lorain,OH,44052

Investment Highlights

Investment property for sale in Lorain at 1413 F St, Lorain, OH, 44052 offers a 9.38% rental yield on a $129,000 purchase with $1,008/mo rent. Total monthly income registers $1,008/mo, and a $631/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,918/yr on $42,764 to close, and return on cash invested stands at 24.39% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 127.43% and total cumulative return in cash at $54,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,008/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.