2027 Lexington AveLorainOH44052
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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
Rental property for sale in Lorain at 2027 Lexington Ave, Lorain, OH, 44052 generates $1,066/mo in rent and, after a $660/mo payment, leaves $179/mo in cash flow. Total monthly income is $1,066/mo, and annual cash flow is $2,147/yr on $44,719 invested. Return on cash invested sits at 24.71% in year one, and rental yield is 9.48% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 129.08% and total cumulative return in cash sums $57,725. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,066/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
740.52 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lynne Bowman • McDowell Homes Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5134558
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