$60,000
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
- 11
- On market date
- June 28, 2026
- Stories
- 1
- Garage spaces
- N/A
- Lot size
- 0.09 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- 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
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 23 days ago.
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.