3784 Freedom Pl, Lorain, OH, 44053 | 6.74% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Lorain at 3784 Freedom Pl, Lorain, OH, 44053 earns from $1,200/mo rent with a $1,045/mo payment. Total monthly income totals $1,200/mo. ROI tracks 16.44% on current figures, and rental yield reads 6.74% at a $213,590 purchase. Equity gained on principal adds $1,378/yr, and 5% annual appreciation supports $59,011 over five years. Five-year ROI reaches 84.78% and total cumulative return in cash sums $60,027. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.

Townhouse

Built in 2024

1,306 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44053, Lorain, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,893 (100%)
Owner Occupied HU	6,090 (61.6%)
Renter Occupied HU	3,174 (32.1%)
Vacant Housing Units	629 ( 6.4%)
Median Home Value	$216,801
Average Home Value	$251,076