224 W Main St, Lagrange, OH, 44050 | $562/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

224 W Main St, Lagrange, OH, 44050 | $562/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1332 sft

513 Arabian Ct, Lagrange, OH, 44050

4 Bed
3 Bath
1508 sft

284 Eastlake Dr, Lagrange, OH, 44050

3 Bed
1 Bath
2668 sft

19243 Diagonal Rd, Lagrange, OH, 44050

3 Bed
2 Bath
2364 sft

280 Horseshoe Dr, Lagrange, OH, 44050

Nearby investment properties with comparable prices

3 Bed
2 Bath
1332 sft

513 Arabian Ct, Lagrange, OH, 44050

9 Bed
3 Bath
2499 sft

118 W Main St, New London, OH, 44851

4 Bed
2 Bath
1584 sft

111 Brown St, Wellington, OH, 44090

3 Bed
2 Bath
1440 sft

38 Anglers Ln, Lagrange, OH, 44050

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lagrange at 224 W Main St, Lagrange, OH, 44050 offers $1,680/mo rent that, after a $832/mo payment, leaves $562/mo cash flow. Total monthly income is $1,680/mo, and annual cash flow is $6,744/yr on $56,322 cash. Return on cash invested measures 31.88% in year one, and rental yield stands at 11.87% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 167.58% and total cumulative return in cash reaches $94,382. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 224 W Main St in Lagrange a beautifully maintained Cape Cod home that perfectly blends classic charm with everyday comfort. Nestled on a picturesque corner lot, this property stands out with its great curb appeal, mature landscaping, and a welcoming front faade. Inside, the home offers three bedrooms and one full bath, with a main-floor bedroom and bathroom providing the convenience of single-level living. The spacious eat-in kitchen is filled with natural light and offers plenty of room for cooking, dining, and gathering. A flexible floor plan allows you to create spaces that suit your lifestyle whether you need a home office, playroom, or cozy guest space. Upstairs, two additional bedrooms offer privacy and character, while the main levels layout flows easily from the living area to the kitchen and beyond. The homes charm continues outdoors, where the large two-car garage provides ample space for vehicles, storage, or a workshop. The corner lot offers generous yard space for entertaining, gardening, or simply relaxing in your own outdoor retreat. From the moment you arrive, youll appreciate the warm, inviting feel of this home bright interiors, thoughtful details, and a layout designed for comfort and flexibility. With its beautiful setting, functional design, and attractive price, 224 W Main St is a fantastic opportunity for first-time buyers, downsizers, or anyone looking for a charming and affordable home in the heart of Lagrange. Dont miss your chance to make this delightful Cape Cod yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44050, Lagrange, OH area.

Housing Distribution

Housing Statistics

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