2233 Leavitt RdLorainOH44052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Lorain at 2233 Leavitt Rd, Lorain, OH, 44052 at $102,000 posts ROI 53.42% with $944/mo cash flow from $1,615/mo rent. Total monthly income equals $1,615/mo, and annual cash flow records $11,332/yr on $33,813 to close. Return on cash invested measures 53.42% and rental yield reads 19% at the current $102,000. Equity gained on principal adds $658/yr, and 5% annual appreciation supports $28,181 by year five. Five-year ROI prints 283.19% and total cumulative return in cash totals $95,756.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,615/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
6,534 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mathew P Chase • Keller Williams Greater Metropolitan
Mls Name: MLS Now
Mls Provider:
Mls ID: #5119342
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