Investment Properties Under $300K in Lorain, OH | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Lorain, OH

Why Invest in Lorain, Ohio?

Lorain, Ohio offers compelling opportunities for investors seeking affordable entry points under $300k in a revitalizing industrial city. Located west of Cleveland, the market benefits from proximity to a major metropolitan area while maintaining significantly lower acquisition costs than regional alternatives. Recent economic catalysts—including 1,800 union jobs added at Ford's Ohio Assembly Plant and 125 positions at Acorn Stairlifts—signal sustained employment growth and population stabilization. The median home value in Lorain County stands at approximately $254,000, with year-over-year appreciation of 4.4%, positioning sub-$300k properties as accessible entry-level investments with upside potential as the local economy strengthens.

6.2%
Avg. ROI
5.8%
Rental Yield
7.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.4%
1Y Appreciation

Frequently Asked Questions

Lorain offers low acquisition costs with emerging economic fundamentals. Recent job creation (1,900+ positions), proximity to Cleveland, and median home values around $254,000 create opportunities for cash-flowing rentals and appreciation upside. The sub-$300k segment captures 70%+ of available inventory, enabling portfolio diversification at scale.

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