








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 Lagrange at 194 Railroad St, Lagrange, OH, 44050 uses $78,897 cash to close to unlock $1,372/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,165/mo payment keeps the spread at $114/mo. Purchase price stands at $238,000, and rental yield measures 8.47% with $1,680/mo rent. Return on cash invested shows 21.65% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 112.73% and total cumulative return in cash records $88,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 2,363 (81.8%) |
| Renter Occupied HU | 393 (13.6%) |
| Vacant Housing Units | 132 ( 4.6%) |
| Median Home Value | $302,010 |
| Average Home Value | $317,682 |
Residential
2,669
Single Family
2,669
Multi-Family
0
Businesses
151
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tawnee Mancuso • Northern Ohio Realty
Mls Name: MLS Now
Mls ID: #5162319