1235 S Meridian RdYoungstownOH44511
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
Investment property for sale in Youngstown at 1235 S Meridian Rd, Youngstown, OH, 44511 uses $49,914 cash to close to unlock $11,142/yr annual cash flow and $929/mo monthly cash flow. Total monthly income runs $1,919/mo, and a $737/mo payment keeps the spread at $929/mo. Purchase price stands at $150,570, and rental yield measures 15.29% with $1,919/mo rent. Return on cash invested shows 42.23% in year one, and 5% annual appreciation builds toward $41,600 over five years. Five-year ROI reaches 223.11% and total cumulative return in cash records $111,365. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $737/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44511, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,233 (100%) |
| Owner Occupied HU | 6,085 (65.9%) |
| Renter Occupied HU | 2,386 (25.8%) |
| Vacant Housing Units | 762 ( 8.3%) |
| Median Home Value | $121,748 |
| Average Home Value | $139,589 |
Housing Distribution
Address Breakdown
Residential
8,484
Single Family
7,718
Multi-Family
766
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A