1318 W 20th St, Lorain, OH 44052

Investor Special – Cash-Flow or Fix-and-Flip Opportunity in Lorain, Ohio This 3-bedroom property offers strong investment potential with an ARV of $100,000–$120,000. Whether you're looking for a steady rental property or a profitable fix-and-flip, this home provides multiple exit strategies. Rental Potential: If Section 8 is the route you want to go, current three-bedroom rates in Lorain are $1,300–$1,500 per month, generating a projected annual gross rent of $15,600–$18,000. Property Highlights: Solid overall condition – Roof is in good shape, structure is sound, and major systems appear functional Light rehab only – Needs floor coverings, patching of minor drywall holes, updated kitchen cabinets, and potential window replacements No major repairs required – Just cosmetic and value-add updates to unlock full potential Investor Angle: Buy & Hold: Strong rental market with cash-flow potential and reliable demand Fix & Flip: Minimal renovations needed to bring this home to market-ready condition at a solid ARV margin This property is a flexible investment opportunity for both cash-flow seekers and value-add flippers. With light work and a smart strategy, it's positioned to deliver excellent returns.