3033 Marie Ave,Lorain,OH,44052

Investment Highlights

Investment property for sale in Lorain at 3033 Marie Ave, Lorain, OH, 44052 listed at $224,900 pairs $2,207/mo rent with a $1,101/mo payment to leave $727/mo cash flow. Total monthly income runs $2,207/mo, and annual cash flow reaches $8,729/yr on $74,554 cash to close. Return on cash invested measures 31.62% in year one, and rental yield registers 11.78% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 166.17% and total cumulative return in cash totals $123,889. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,207/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).