1938 W 30th Ohio,Lorain,OH,44052

Investment Highlights

Investment property for sale in Lorain at 1938 W 30th Ohio, Lorain, OH, 44052 listed at $183,750 pairs $1,500/mo rent with a $899/mo payment to leave $292/mo cash flow. Total monthly income runs $1,500/mo, and annual cash flow reaches $3,500/yr on $60,913 cash to close. Return on cash invested measures 25.66% in year one, and rental yield registers 9.8% at a $183,750 basis. Equity gained on principal adds $1,186/yr, and annual property appreciation at 5% supports $50,767 by year five. Five-year ROI tracks 134.17% and total cumulative return in cash totals $81,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $899/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).