514 W 20th StLorainOH44052
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 514 W 20th St, Lorain, OH, 44052 in Lorain is straightforward: $120,000 in, $1,233/mo in rent, $444/mo out after debt service. The 12.33% gross yield and 2.28 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $33,154 by year five. With $1,105/yr in principal equity, the total cumulative return is projected at $74,229.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 5.8% |
| Monthly Cash Flow | $444 | $420 |
City averages based on Lorain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,233 |
| Total Monthly Debt Service | $742 |
| DSCR Ratio | 1.66x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1923
4,356 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Multi Family
Built in 1923
4,356 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices