1836 W 21st St,Lorain,OH,44052

Investment Highlights

Investment property for sale in Lorain at 1836 W 21st St, Lorain, OH, 44052 uses $44,421 cash to close to unlock $2,021/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,050/mo, and a $656/mo payment keeps the spread at $168/mo. Purchase price stands at $134,000, and rental yield measures 9.4% with $1,050/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $37,022 over five years. Five-year ROI reaches 127.83% and total cumulative return in cash records $56,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,050/mo property income covering a $656/mo payment rather than investor’s personal income.