Condo Investment Properties for Sale in Lorain, OH
285- 3 Bed
- 2 Bath
- 1150 sft
341- 2 Bed
- 2 Bath
- 1182 sft
347- 2 Bed
- 2 Bath
- - sft
118- 3 Bed
- 2 Bath
- 1164 sft
Why Invest in Lorain, Ohio?
Lorain, Ohio offers strong investment potential in **condos**, with recent home price appreciation of 21% year-over-year in Lorain County. Proximity to Cleveland supports steady rental demand, with median home values around $145,000-$255,000 providing accessible entry points. Average cap rates hover around 7-8%, bolstered by a renter-occupied rate near 40%. Economic resurgence, including new manufacturing jobs, enhances cash flow prospects for condo investors. Low vacancy and quick sales (under 45 days on market) signal robust market dynamics.
Frequently Asked Questions
Yes, condos benefit from 21% county-wide appreciation and proximity to Cleveland jobs. Affordable entry at $130,000+ with solid rental yields around 7-8%. Quick market turnover under 45 days supports cash flow.
Find Your Perfect Investment Property in Lorain, Ohio
Explore investment opportunities by strategy, performance, or property type
