1166 Raymond St NWWarrenOH44485
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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
Investment Highlights
Rental property for sale in Warren at 1166 Raymond St NW, Warren, OH, 44485 priced at $129,900 converts $1,037/mo rent into $182/mo cash flow after a $636/mo obligation. Total monthly income equals $1,037/mo, and annual cash flow totals $2,188/yr on $43,062 invested. Return on cash invested prints 24.99% in year one, and rental yield reads 9.58% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 130.68% and total cumulative return in cash sums $56,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,037/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44485, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,659 (100%) |
| Owner Occupied HU | 3,390 (44.3%) |
| Renter Occupied HU | 3,308 (43.2%) |
| Vacant Housing Units | 961 (12.5%) |
| Median Home Value | $68,787 |
| Average Home Value | $91,364 |
Housing Distribution
Address Breakdown
Residential
6,606
Single Family
5,551
Multi-Family
1,055
Businesses
188
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