207 W 13th St, Lorain, OH, 44052 | $154/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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2233 Leavitt Rd, Lorain, OH, 44052

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

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Investment Highlights

Investment property for sale in Lorain at 207 W 13th St, Lorain, OH, 44052 uses $39,449 cash to close to unlock $1,844/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $936/mo, and a $582/mo payment keeps the spread at $154/mo. Purchase price stands at $119,000, and rental yield measures 9.44% with $936/mo rent. Return on cash invested shows 24.58% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 128.47% and total cumulative return in cash records $50,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $936/mo property income covering a $582/mo payment rather than investor’s personal income.

Single Family

Built in 1900

8,276 sqft lot

$N/A/sqft

No HOA