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Don't have an account?Estimated Monthly Payment: $543.52
Edit mortgage details for a more accurate payment
Excellent investment opportunity! This spacious 4-bedroom, 1-bath single-family home is a turnkey addition to any rental portfolio. Currently tenant-occupied and generating $1,800 per month in rental income, providing immediate cash flow from day one. The property offers a functional floor plan with generous living space and strong rental appeal in an established Lorain neighborhood. This property presents a great opportunity for both seasoned investors and those looking to expand their real estate holdings. With stable tenancy already in place, buyers can avoid vacancy and leasing costs while benefiting from consistent income. Conveniently located near schools, parks, shopping, dining, and highway access, supporting long-term tenant demand. Whether you're seeking a cash-flowing asset, a portfolio addition, or a buy-and-hold investment with future appreciation potential, this income-producing property is worth a closer look.
$180,000
Estimated Monthly Payment: $543.52 (including taxes & insurance estimates)
Edit mortgage details for a more accurate payment| City: Lorain | Property Type: Residential - Single Family | |
| Subdivision: Sheffield Land Companys 01 A | Lot Size: 0.16 Acres | |
| School District: Lorain City | Garage: 2 | |
| Bedrooms: 4 | Taxes: $1,085 | |
| Bathrooms: 1 full | Status: Active | |
| Year Built: 1900 | MLS#: 5216471 |
| Property Type: Residential - Single Family | Lot Size: 0.16 Acres | |
| Appliances: Range, Refrigerator | Parcel#: 03-00-094-102-002 | |
| Basement: Yes | Parking: Detached, Garage | |
| Basement: Full | Roof Type: Other | |
| Cooling: Central Air | Sewer: Public Sewer | |
| Exterior: Vinyl Siding | Stories: 2.0 | |
| Garage: 2 | Taxes: $1,085 | |
| Heating: Gas | Water: Public | |
| Home Style: Colonial | Year Built: 1900 |
| School District: Lorain City |
Listed By
Agency Name: Fathom Realty
Agency Contact: mydavis82@yahoo.com, 216-640-6216
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
| Fips |
| Fips Code39093 |
| Population |
| 2020 to 2025 Changeup 3.3% |
| 2010 Count301,356 |
| 2020 Count312,964 |
| 2025 Estimate (V2025)323,219 |
| 2020 Estimate (V2025)312,956 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1721.1% |
| 18 to 6453.0% |
| 65 and Older20.7% |
| Gender |
| Male49.6% |
| Female50.4% |
| Place of Birth |
| Foreign3.1% |
| US96.9% |
| Education |
| High School Graduate, Age 25+91.8% |
| Bachelor's Degree or Higher, Age 25+28.5% |
| Computer and Internet use |
| Households with a computer94.8% |
| Households with a broadband Internet subscription88.9% |
| Language |
| English is Second Language, Age 5+7.8% |
| English is First Language, Age 5+92.2% |
| Veterans |
| Veterans18,512 |
| Income |
| Per Capita Income$40,798 |
| Median Household Income$73,347 |
| People in Poverty10.8% |
| Commute |
| Average Work Commute Time26 minutes |
| Housing |
| Total Housing Units136,666 |
| Households127,544 |
| Average Household Size2.42 |
| Owner-Occupied74.0% |
| Multi-Family17.0% |
| Owner-Occupied Median Value$223,200 |
| Median selected monthly owner costs -with a mortgage$1,525 |
| Median selected monthly owner costs -without a mortgage$629 |
| Median gross rent$966 |
| Building Permits |
| New Private Housing Issued 20241,331 |
| Years at Residence |
| 1 Year or More90.9% |
| Less Than 1 Year9.1% |
| Business and Employment |
| Private non-farm Establishments5,664 |
| Private non-farm Employment89,159 |
| Private non-farm Employment Growth0.0% |
| Nonemployer Establishments21,949 |
| Number of Firms4,759 |
| Business Production |
| Value of Shipments$6,058,884,000 |
| Wholesale Trade$2,315,415,000 |
| Retail Trade$3,875,576,000 |
| Retail Sales Per Capita$12,297 |
| Accommodation and Food Services$444,363,000 |
| Land |
| Land Area491.10 sq. miles |
| Population Per Square Mile614 |