1504 W 19th StLorainOH44052
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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
Investment Highlights
Investment property for sale in Lorain at 1504 W 19th St, Lorain, OH, 44052 uses $34,808 cash to close to unlock $1,167/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $788/mo, and a $514/mo payment keeps the spread at $97/mo. Purchase price stands at $105,000, and rental yield measures 9.01% with $788/mo rent. Return on cash invested shows 23.26% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 121.46% and total cumulative return in cash records $42,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $788/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Adam T Bellinski • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5076978
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