1146 Detroit AveYoungstownOH44502
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1146 Detroit Ave, Youngstown, OH, 44502 in Youngstown is a solid income-producing rental, 11.42% gross yield, $1,228/mo rent, $379/mo net cash flow on a $115,360 buy. DSCR 2.37 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $31,872 and $1,062/yr in principal reduction project a total cumulative return of $74,121.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 9.2% |
| Monthly Cash Flow | $379 | $450 |
City averages based on Youngstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,228 |
| Total Monthly Debt Service | $713 |
| DSCR Ratio | 1.72x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44502, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,150 (100%) |
| Owner Occupied HU | 1,923 (46.3%) |
| Renter Occupied HU | 1,643 (39.6%) |
| Vacant Housing Units | 584 (14.1%) |
| Median Home Value | $36,481 |
| Average Home Value | $80,658 |
Housing Distribution
Address Breakdown
Residential
3,800
Single Family
3,551
Multi-Family
249
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1956
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44502, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,150 (100%) |
| Owner Occupied HU | 1,923 (46.3%) |
| Renter Occupied HU | 1,643 (39.6%) |
| Vacant Housing Units | 584 (14.1%) |
| Median Home Value | $36,481 |
| Average Home Value | $80,658 |
Housing Distribution
Address Breakdown
Residential
3,800
Single Family
3,551
Multi-Family
249
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff J Byce • Byce Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5110897