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108 Rush St, Elyria, OH, 44035

2beds
1baths
--sqft
$60,000
--price/sqft
$599/moest. monthly cost
$23,960/yrincome needed

About This Home

Single-family ranch investment opportunity in Elyria featuring a 2-bedroom layout with strong rental appeal and consistent performance. The property is currently tenant-occupied at $950/month with a lease in place through March 2027, providing stable and reliable income from day one. Tenant is responsible for electric and gas, while the owner covers water, keeping expenses manageable. This well-performing asset offers strong rental income in a solid market. Seller also owns multiple properties throughout Cleveland, Lorain, and Akron and is willing to sell properties individually or as packaged portfolios, giving buyers the flexibility to pick and choose assets to fit their investment strategy.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

5/10
Westwood Middle SchoolGrades 5-81.7 mi
3/10
Elyria High SchoolGrades 9-121.1 mi
5/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Heating & Cooling

  • Heating features: Gas
  • Cooling features: None

Property

Details

  • Parcel number: 0624085104006
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 3,920 sqft

Parking

  • Parking features: Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $303$3,636
Home Insurance *$35$420
Property Taxes $68$816
Electricity $193$2,320
Total$599$7,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$20,537/yr
40% on housing$17,970/yr
45% on housing$15,973/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 44035$99
Lorain County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 44035$144
Lorain County$161

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-15Price change$80,000
2023-07-26Pending sale$39,999
2023-07-19Sold$32,000
2023-07-09Listing removed--
2023-07-06Listing removed--
2023-06-14Contingent$39,999
2023-05-11Listed for sale$39,999
2020-10-09Sold$11,000
2014-03-01Listing removed$49,000
2013-08-31Listed for sale$49,000
2008-07-11Sold$14,000
2008-01-22Sold$30,000
2007-10-05Sold$35,000
2007-08-06Listed for sale$51,000
2004-03-08Sold$37,000
1998-03-03Sold$45,000

For Sale by Agent

AgentKim Lewis
BrokerageHome Equity Realty Group

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