$58,000
About this home
Single-family ranch investment opportunity in Elyria offering a 2-bedroom layout with strong rental appeal and immediate cash flow. The property is tenant-occupied at $950 per month with a lease in place through March 2027, providing stable, reliable income from day one. The tenant pays electric and gas, while the owner covers water, helping keep operating expenses manageable. Whether you're looking to expand your portfolio or purchase your first investment property, this well-maintained asset offers dependable income in a strong rental market.
Property details
- MLS #
- 5222980
- Property type
- SingleFamilyResidence
- Subdivision
- Black River
- Status
- Active
- Days on market
- 35
- On market date
- June 28, 2026
- Stories
- 1
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.09 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 432
- Student:teacher ratio
- 18.0:1
- District
- Elyria City Schools
- Enrollment
- 355
- Student:teacher ratio
- 10.8:1
- District
- Elyria City Schools
- Enrollment
- 1,667
- Student:teacher ratio
- 16.2:1
- District
- Elyria City Schools
Walkability
Blended score for Elyria's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Elyria, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 21, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.