2349 Kelly Pl, Lorain, OH, 44052 | $164/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lorain at 2349 Kelly Pl, Lorain, OH, 44052 earns $164/mo cash flow from $921/mo rent with a $563/mo payment. Total monthly income totals $921/mo, and annual cash flow totals $1,973/yr on $38,123 capital. ROI tracks 25.08% on current figures, and rental yield reads 9.61% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 131.19% and total cumulative return in cash sums $50,013. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $921/mo property income instead of your personal income.

Single Family

Built in 1900

5,662 sqft lot

$N/A/sqft

No HOA