4411 Tacoma AveLorainOH44055
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Nearby investment properties with comparable prices
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 4411 Tacoma Ave, Lorain, OH, 44055 at $141,000 posts ROI 23.85% with $154/mo cash flow from $1,081/mo rent. Total monthly income equals $1,081/mo, and annual cash flow records $1,844/yr on $46,742 to close. Return on cash invested measures 23.85% and rental yield reads 9.2% at the current $141,000. Equity gained on principal adds $910/yr, and 5% annual appreciation supports $38,956 by year five. Five-year ROI prints 124.54% and total cumulative return in cash totals $58,212.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,081/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
5,662 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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