723 E StLorainOH44052
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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 723 E St, Lorain, OH, 44052 with 5% annual appreciation on a $109,900 basis while $824/mo rent supports operations. Total monthly income totals $824/mo and a $538/mo payment preserves $101/mo for cash returns. Annual cash flow comes to $1,212/yr on $36,432 deployed, and return on cash invested reaches 23.24% in year one. Equity gained on principal adds $709/yr, and five-year appreciation sums $30,363 alongside rental yield of 9%. Five-year ROI measures 121.22% and total cumulative return in cash totals $44,164.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $824/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
3,484 sqft lot
$N/A/sqft
No HOA
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Listed by: Matthew P Klein • Walnut Creek Realty, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5096954
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