938 W 21st St, Lorain, OH, 44052 | $131/mo Cash Flow

For Sale

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 938 W 21st St, Lorain, OH, 44052 uses $39,747 cash to close to unlock $1,574/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $920/mo, and a $587/mo payment keeps the spread at $131/mo. Purchase price stands at $119,900, and rental yield measures 9.21% with $920/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 124.72% and total cumulative return in cash records $49,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $920/mo property income covering a $587/mo payment rather than investor’s personal income.

Single Family

Built in 1900

8,276 sqft lot

$N/A/sqft

No HOA