1727 E 33rd StLorainOH44055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1727 E 33rd St, Lorain, OH, 44055 offers a 12% rental yield on a $102,000 purchase with $1,020/mo rent. Total monthly income registers $1,020/mo, and a $499/mo payment leaves $349/mo available for distribution. Annual cash flow reaches $4,192/yr on $33,813 to close, and return on cash invested stands at 32.31% in year one. Equity gained on principal adds $658/yr while 5% annual appreciation supports $28,181 over five years. Portfolio math shows five-year ROI at 169.95% and total cumulative return in cash at $57,464. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $499/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44055, Lorain, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,704 (100%) |
| Owner Occupied HU | 4,106 (47.2%) |
| Renter Occupied HU | 3,726 (42.8%) |
| Vacant Housing Units | 872 (10.0%) |
| Median Home Value | $101,932 |
| Average Home Value | $142,395 |
Housing Distribution
Address Breakdown
Residential
7,731
Single Family
7,308
Multi-Family
423
Businesses
373
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Listed by: Asa A Cox • CENTURY 21 Asa Cox Homes
Mls Name: MLS Now
Mls Provider:
Mls ID: #5094574
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