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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% |
Investment property for sale in Lorain at 1510 W 29th St, Lorain, OH, 44052 earns $639/mo cash flow from $1,768/mo rent with a $840/mo payment. Total monthly income totals $1,768/mo, and annual cash flow totals $7,670/yr on $56,885 capital. ROI tracks 33.39% on current figures, and rental yield reads 12.36% at a $171,600 purchase. Equity gained on principal adds $1,107/yr, and 5% annual appreciation supports $47,410 over five years. Five-year ROI reaches 175.73% and total cumulative return in cash sums $99,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,768/mo property income instead of your personal income.
Single Family
Built in 1957
6,969 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Sold | $171,600 |
| 2025-06-09 | Pending sale | $155,000 |
| 2025-06-05 | Listed for sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $1629.10 | 5.47% | $39,510 | 31.74% |
| 2023-10-14 | $1544.58 | 0.89% | $29,990 | N/A |
| 2022-10-14 | $1531.00 | 0.00% | $29,990 | N/A |
Listed by: Tanas R Wilcox • RE/MAX Crossroads Properties
Mls Name: MLS Now
Mls Provider:
Mls ID: #5128926
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