4022 Gregus AveLorainOH44055
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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
Investment Highlights
Investment property for sale in Lorain at 4022 Gregus Ave, Lorain, OH, 44055 earns $424/mo cash flow from $1,220/mo rent with a $592/mo payment. Total monthly income totals $1,220/mo, and annual cash flow totals $5,092/yr on $40,112 capital. ROI tracks 32.6% on current figures, and rental yield reads 12.1% at a $121,000 purchase. Equity gained on principal adds $781/yr, and 5% annual appreciation supports $33,430 over five years. Five-year ROI reaches 171.53% and total cumulative return in cash sums $68,805. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,220/mo property income instead of your personal income.
Single Family
Built in 1949
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44055, Lorain, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,704 (100%) |
| Owner Occupied HU | 4,106 (47.2%) |
| Renter Occupied HU | 3,726 (42.8%) |
| Vacant Housing Units | 872 (10.0%) |
| Median Home Value | $101,932 |
| Average Home Value | $142,395 |
Housing Distribution
Address Breakdown
Residential
7,731
Single Family
7,308
Multi-Family
423
Businesses
373
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Listed by: Daniel Beirne • Opendoor Brokerage LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5075969
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