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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $1,169/mo, and a $783/mo payment. Purchase price stands at $159,900, and rental yield measures 8.77% with $1,169/mo rent. Return on cash invested shows 14.63% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 77.91% and total cumulative return in cash records $41,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,169/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 2006
1,559 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood data shown for ZIP Code: 44053, Lorain, OH area.
| 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 |
Residential
9,715
Single Family
7,830
Multi-Family
1,885
Businesses
424
Date | Event | Price |
|---|---|---|
| 2024-09-09 | Listed for sale | $159,900 |
| 2016-05-06 | Sold | $85,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Andrea Neal • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5068553
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.
