Allegheny Plan, Sandy Springs TrailLorainOH44053
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Lorain at Allegheny Plan, Sandy Springs Trail, Lorain, OH, 44053 at $314,990 posts ROI 47.05% with $2,362/mo cash flow from $4,434/mo rent. Total monthly income equals $4,434/mo, and annual cash flow records $28,341/yr on $104,419 to close. Return on cash invested measures 47.05% and rental yield reads 16.89% at the current $314,990. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,026 by year five. Five-year ROI prints 248.9% and total cumulative return in cash totals $259,898.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,434/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44053, Lorain, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,893 (100%) |
| Owner Occupied HU | 6,090 (61.6%) |
| Renter Occupied HU | 3,174 (32.1%) |
| Vacant Housing Units | 629 ( 6.4%) |
| Median Home Value | $216,801 |
| Average Home Value | $251,076 |
Housing Distribution
Address Breakdown
Residential
9,715
Single Family
7,830
Multi-Family
1,885
Businesses
424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
