1348 Deforest Rd SEWarrenOH44484
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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 1348 Deforest Rd SE, Warren, OH, 44484 generates $1,100/mo in rent and, after a $710/mo payment, leaves $146/mo in cash flow. Total monthly income is $1,100/mo, and annual cash flow is $1,751/yr on $48,068 invested. Return on cash invested sits at 23.55% in year one, and rental yield is 9.1% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 122.89% and total cumulative return in cash sums $59,072. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,100/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44484, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,527 (100%) |
| Owner Occupied HU | 6,923 (65.8%) |
| Renter Occupied HU | 2,724 (25.9%) |
| Vacant Housing Units | 880 ( 8.4%) |
| Median Home Value | $177,362 |
| Average Home Value | $203,307 |
Housing Distribution
Address Breakdown
Residential
9,989
Single Family
9,618
Multi-Family
371
Businesses
766
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