42081 Adelbert St

Elyria, OH 44035
image0

3 bd, 1 ba | 1,208 sqft | Built in 1940

slider image
slider image
slider image

Favorite

List Price
$169,900

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,240

Total Return

$79,260

Annualized Return

21.0%

Cap Rate

4.5%

Gross Yield

8.8%

Cash Flow

-$2,217

Appreciation

9.1%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,712

HOA

None

Flood Risk

Not Required

Welcome to 42081 Adelbert Street. This three bedroom home is move in ready on a large lot in Elyria Township.
The kitchen has SS appliances that will remain. The first floor also has living room, two bedrooms, and full bath. The
third bedroom is on the second floor with bonus room or office space. There is a large yard with privacy fence and
full basement. A covered carport and garage or shop which is wired for your convenience. The home was renovated
in 2018 with new kitchen, bath, flooring, paint, and windows. HVAC system 2020, stove approx 6 months old, newer
fence, Septic inspected and pumped 2/27/25

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$14,136

Expenses

-$2,516

Property Taxes

-$4,600

Loan Payments

-$9,237

Net Cash Flow

-$2,217

See 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.
View Options

Similar Listings



Listing Courtesy of:Rebecca Boyes
Agent License 2008003559
Russell Real Estate Services
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5107138
Last Updated: 03/17/2025 21:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.