756 Infirmary Rd, Elyria, OH, 44035 | $298/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

756 Infirmary Rd, Elyria, OH, 44035 | $298/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
3 Bath
1800 sft

41575 Russia Rd, Elyria, OH, 44035

3 Bed
2 Bath
1346 sft

379 Stable Dr, Lagrange, OH, 44050

3 Bed
2 Bath
1240 sft

429 Morgan Ct, Lagrange, OH, 44050

3 Bed
2 Bath
1280 sft

1430 Butler Rd, Wakeman, OH, 44889

Nearby investment properties with comparable prices

2 Bed
1 Bath
650 sft

106 McKinley St, Wellington, OH, 44090

4 Bed
2 Bath
1352 sft

124 E Main St, New London, OH, 44851

Investment Property+ 1 more

2 Bed
3 Bath
1020 sft

196 Jones Rd, Wellington, OH, 44090

3 Bed
2 Bath
1468 sft

4002 Hartland Center Rd, Collins, OH, 44826

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Elyria at 756 Infirmary Rd, Elyria, OH, 44035 at $119,000 posts ROI 28.96% with $298/mo cash flow from $1,080/mo rent. Total monthly income equals $1,080/mo, and annual cash flow records $3,572/yr on $39,449 to close. Return on cash invested measures 28.96% and rental yield reads 10.89% at the current $119,000. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 by year five. Five-year ROI prints 151.93% and total cumulative return in cash totals $59,933.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1940

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

2 bed 1 bath home with fenced in backyard oversized one car garage plus an additional outbuilding for the car or craft enthusiast. This story and a half home has some nice improvements and room to make it your own. Updates include siding, roof, HVAC, main line to street for sewer, full perimeter waterproofing, and huge out building/workshop. Main living areas have Amish crafted wood floors. Nice size lot and fenced in backyard. Oversized 1-1/2 car garage.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44035, Elyria, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	30,060 (100%)
Owner Occupied HU	17,525 (58.3%)
Renter Occupied HU	10,366 (34.5%)
Vacant Housing Units	2,169 ( 7.2%)
Median Home Value	$163,574
Average Home Value	$187,977