119 Carnegie AveYoungstownOH44515
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
Investment Highlights
Rental property for sale in Youngstown at 119 Carnegie Ave, Youngstown, OH, 44515 offers $937/mo rent that, after a $582/mo payment, leaves $155/mo cash flow. Total monthly income is $937/mo, and annual cash flow is $1,856/yr on $39,449 cash. Return on cash invested measures 24.61% in year one, and rental yield stands at 9.45% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 128.63% and total cumulative return in cash reaches $50,741. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $937/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44515, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,353 (100%) |
| Owner Occupied HU | 7,814 (58.5%) |
| Renter Occupied HU | 4,574 (34.3%) |
| Vacant Housing Units | 965 ( 7.2%) |
| Median Home Value | $160,562 |
| Average Home Value | $189,265 |
Housing Distribution
Address Breakdown
Residential
12,671
Single Family
10,176
Multi-Family
2,495
Businesses
916
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Listed by: N/A • N/A
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