3234 Lincoln St,Lorain,OH,44052

Investment Highlights

Investment property for sale in Lorain at 3234 Lincoln St, Lorain, OH, 44052 offers a 9.6% rental yield on a $120,000 purchase with $960/mo rent. Total monthly income registers $960/mo, and a $587/mo payment leaves $171/mo available for distribution. Annual cash flow reaches $2,052/yr on $39,780 to close, and return on cash invested stands at 25.07% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 131% and total cumulative return in cash at $52,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.