Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Elyria at 309 Clinton Ave, Elyria, OH, 44035 at $100,000 posts ROI 24.46% with $126/mo cash flow from $783/mo rent. Total monthly income equals $783/mo, and annual cash flow records $1,508/yr on $33,150 to close. Return on cash invested measures 24.46% and rental yield reads 9.4% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 127.79% and total cumulative return in cash totals $42,364.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $783/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44035, Elyria, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,060 (100%) |
| Owner Occupied HU | 17,525 (58.3%) |
| Renter Occupied HU | 10,366 (34.5%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $163,574 |
| Average Home Value | $187,977 |
Residential
28,707
Single Family
24,750
Multi-Family
3,957
Businesses
1,724
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $100,000 |
| 2024-11-07 | Listing removed | $1,149 |
| 2024-10-24 | Listed for rent | $1,149 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-31 | $1021.74 | 0.34% | $18,300 | N/A |
| 2022-03-31 | $1018.24 | -4.78% | $18,300 | N/A |
| 2021-03-31 | $1069.37 | 11.61% | $18,300 | 19.76% |
Listed by: Mark G Fetterman • RE/MAX Transitions
Mls Name: MLS Now
Mls Provider:
Mls ID: #5110238
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.
