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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Elyria at 9964 E River Rd, Elyria, OH, 44035 generates $1,080/mo in rent, after a $817/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 19.52% in year one, and rental yield is 7.76% on a $167,000 entry. Equity gained on principal adds $1,078/yr, while 5% annual appreciation builds toward $46,139 over five years. Five-year ROI reaches 101.23% and total cumulative return in cash sums $56,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44035, Elyria, OH area.
| 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 |
Residential
28,707
Single Family
24,750
Multi-Family
3,957
Businesses
1,724
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Teresa Smith • Howard Hanna
Mls Name: MLS Now
Mls ID: #5156319
