2315 Mark Dr,Lorain,OH,44052

Investment Highlights

Rental property for sale in Lorain at 2315 Mark Dr, Lorain, OH, 44052 generates $2,015/mo in rent and, after a $1,125/mo payment, leaves $503/mo in cash flow. Total monthly income is $2,015/mo, and annual cash flow is $6,038/yr on $76,179 invested. Return on cash invested sits at 27.84% in year one, and rental yield is 10.52% on a $229,800 entry. Equity gained on principal adds $1,483/yr, while 5% annual appreciation builds toward $63,490 over five years. Five-year ROI reaches 145.92% and total cumulative return in cash sums $111,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,015/mo property income rather than buyer’s personal income.