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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 Elyria at 331 15th St, Elyria, OH, 44035 earns $704/mo cash flow from $1,559/mo rent with a $636/mo payment. Total monthly income totals $1,559/mo, and annual cash flow totals $8,452/yr on $43,062 capital. ROI tracks 39.54% on current figures, and rental yield reads 14.4% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 208.68% and total cumulative return in cash sums $89,863. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.
Single Family
Built in 1900
5,662 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 |
|---|---|---|
| 2024-09-06 | Price change | $129,900 |
| 2024-08-13 | Listed for sale | $139,900 |
| 2024-08-11 | Contingent | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-13 | $529.86 | 0.34% | $9,490 | N/A |
| 2022-09-13 | $528.04 | -0.24% | $9,490 | N/A |
| 2021-09-13 | $529.32 | -2.86% | $9,490 | 9.21% |
Listed by: Tim Debronsky • Realty Trust Services, LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5032609
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 2024 - Multiple Listing Service, Inc. All Rights Reserved.
