248 Root Rd,Lorain,OH,44052

Investment Highlights

Investment property for sale in Lorain at 248 Root Rd, Lorain, OH, 44052 offers a 10.92% rental yield on a $164,900 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $807/mo payment leaves $415/mo available for distribution. Annual cash flow reaches $4,985/yr on $54,664 to close, and return on cash invested stands at 29.03% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 152.29% and total cumulative return in cash at $83,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.