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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lorain at 2910 Loretta Ct, Lorain, OH, 44052 at $209,000 posts ROI 22.08% with $125/mo cash flow from $1,500/mo rent. Total monthly income equals $1,500/mo, and annual cash flow records $1,502/yr on $69,284 to close. Return on cash invested measures 22.08% and rental yield reads 8.61% at the current $209,000. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 by year five. Five-year ROI prints 115.03% and total cumulative return in cash totals $79,694.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
10,018 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-08-19 | Price change | $209,000 |
| 2024-08-12 | Listed for sale | $220,000 |
| 2023-10-30 | Sold | $118,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-13 | $1786.64 | -57.97% | $34,690 | N/A |
| 2022-09-13 | $4250.82 | 140.04% | $34,690 | N/A |
| 2021-09-13 | $1770.86 | 8.22% | $34,690 | 24.60% |
Listed by: Nikki Harsa • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5061375
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