4124 Meadow Ln
Lorain, OH 44055
List Price
$176,900
Initial Investment
$48,205Purchase Price
$176,900
Down Payment
25%
Rent
$1,350
Total Return
$57,239
Annualized Return
16.7%
Cap Rate
5.4%
Gross Yield
9.2%
Cash Flow
-$741
Appreciation
6.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,276
HOA
None
Flood Risk
Not Required
Welcome to this wonderfully updated 3-bedroom split-level home on Meadow Lane in Lorain, where comfort meets convenience! This beautifully home has been transformed from top to bottom, featuring modern finishes and a layout perfect for everyday living and entertaining.
Among the long list of updates, a newer roof adds extra value while offering peace of mind and reliable protection for years to come. Enjoy added living space with the enclosed back porch, ideal for relaxing or hosting in any season. The property also includes a 2-car garage and a shed, providing ample storage for tools, toys, and everything in between while surrounded by a fenced in yard.
Located in a quiet, established neighborhood with easy access to local amenities, this home is move-in ready and waiting for its next chapter. Don’t miss your chance—schedule a showing today!
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$15,390Expenses
-$2,764Property Taxes
-$3,750Loan Payments
-$9,617Net Cash Flow
-$741See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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MLS #5114707
Last Updated: 04/20/2025 13:04
MLS #5114707
Last Updated: 04/20/2025 13:04