2149 Hancock St, Lorain, OH, 44052 | $151/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lorain at 2149 Hancock St, Lorain, OH, 44052 earns $151/mo cash flow from $1,071/mo rent with a $685/mo payment. Total monthly income totals $1,071/mo, and annual cash flow totals $1,806/yr on $46,377 capital. ROI tracks 23.8% on current figures, and rental yield reads 9.19% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 124.26% and total cumulative return in cash sums $57,627. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,071/mo property income instead of your personal income.

Single Family

Built in 1973

6,098 sqft lot

$N/A/sqft

No HOA