824 Highland Park Blvd,Lorain,OH,44052

Investment Highlights

Rental property for sale in Lorain at 824 Highland Park Blvd, Lorain, OH, 44052 offers $2,015/mo rent that, after a $1,174/mo payment, leaves $437/mo cash flow. Total monthly income is $2,015/mo, and annual cash flow is $5,246/yr on $79,527 cash. Return on cash invested measures 26.51% in year one, and rental yield stands at 10.08% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 138.78% and total cumulative return in cash reaches $110,371. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,015/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.