761 Washington Ave, Lorain, OH, 44052 | $12/mo Cash Flow

Off market

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 761 Washington Ave, Lorain, OH, 44052 with 5% annual appreciation on a $214,700 basis while $1,424/mo rent supports operations. Total monthly income totals $1,424/mo and a $1,051/mo payment preserves $12/mo for cash returns. Annual cash flow comes to $139/yr on $71,173 deployed, and return on cash invested reaches 20.1% in year one. Equity gained on principal adds $1,385/yr, and five-year appreciation sums $59,318 alongside rental yield of 7.96%. Five-year ROI measures 104.42% and total cumulative return in cash totals $74,319.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,424/mo property income versus a $1,051/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1900

4,791 sqft lot

$N/A/sqft

No HOA