226 Harvard AveElyriaOH44035
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 Elyria at 226 Harvard Ave, Elyria, OH, 44035 at $149,000 posts ROI 24.43% with $186/mo cash flow from $1,166/mo rent. Total monthly income equals $1,166/mo, and annual cash flow records $2,234/yr on $49,394 to close. Return on cash invested measures 24.43% and rental yield reads 9.39% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 127.7% and total cumulative return in cash totals $63,076.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,166/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44035, Elyria, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,060 (100%) |
| Owner Occupied HU | 17,525 (58.3%) |
| Renter Occupied HU | 10,366 (34.5%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $163,574 |
| Average Home Value | $187,977 |
Housing Distribution
Address Breakdown
Residential
28,707
Single Family
24,750
Multi-Family
3,957
Businesses
1,724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices