124 S Inglewood AveYoungstownOH44515
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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 Youngstown at 124 S Inglewood Ave, Youngstown, OH, 44515 generates $1,560/mo in rent and, after a $766/mo payment, leaves $531/mo in cash flow. Total monthly income is $1,560/mo, and annual cash flow is $6,367/yr on $51,880 invested. Return on cash invested sits at 32.18% in year one, and rental yield is 11.96% on a $156,500 entry. Equity gained on principal adds $1,010/yr, while 5% annual appreciation builds toward $43,238 over five years. Five-year ROI reaches 169.21% and total cumulative return in cash sums $87,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
10,236 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: James Leone • Howard Hanna
Mls Name: MLS Now
Mls ID: #5161025