504 W 21st St, Lorain, OH, 44052 | $135/mo Cash Flow

For Sale

Rental Income

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 504 W 21st St, Lorain, OH, 44052 offers a 9.14% rental yield on a $128,999 purchase with $983/mo rent. Total monthly income registers $983/mo, and a $631/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,618/yr on $42,763 to close, and return on cash invested stands at 23.69% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 123.64% and total cumulative return in cash at $52,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $983/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1910

6,098 sqft lot

$N/A/sqft

No HOA