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Don't have an account?Estimated Monthly Payment: $381.28
Edit mortgage details for a more accurate payment
Cash-flowing rental with established tenancy at 508 Furnace St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,200 per month on a month-to-month lease, providing immediate income. The tenant is responsible for all utilities, helping to keep operating expenses low and enhance overall returns. The home offers a functional layout with strong rental appeal and is positioned in an area with consistent demand. A dependable addition to a larger portfolio, this asset contributes steady cash flow within a diversified, income-producing package.
$118,000
Estimated Monthly Payment: $381.28 (including taxes & insurance estimates)
Edit mortgage details for a more accurate payment| City: Elyria | Property Type: Residential - Single Family | |
| Subdivision: Mendelson | Lot Size: 0.11 Acres | |
| School District: Elyria City | Garage: 1 | |
| Bedrooms: 2 | Taxes: $1,011 | |
| Bathrooms: 1 full | Status: Active | |
| Year Built: 1950 | MLS#: 5205304 |
| Property Type: Residential - Single Family | Parcel#: 06-24-052-104-009 | |
| Cooling: None | Parking: Detached, Garage | |
| Days on Site: 47 | Roof Type: Other | |
| Exterior: Frame, Other | Sewer: Other | |
| Garage: 1 | Stories: 1.0 | |
| Heating: Other | Taxes: $1,011 | |
| Home Style: Ranch | Water: Other | |
| Lot Size: 0.11 Acres | Year Built: 1950 |
| School District: Elyria City |
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
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 |