2337 Lexington AveLorainOH44052
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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
Investment Highlights
Investment property for sale in Lorain at 2337 Lexington Ave, Lorain, OH, 44052 uses $54,698 cash to close to unlock $7,791/yr annual cash flow and $649/mo monthly cash flow. Total monthly income runs $1,735/mo, and a $808/mo payment keeps the spread at $649/mo. Purchase price stands at $165,000, and rental yield measures 12.62% with $1,735/mo rent. Return on cash invested shows 34.15% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 179.83% and total cumulative return in cash records $98,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,735/mo property income covering a $808/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Hanna R Bhuller • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5112450
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