1447-1449 Ohio AveYoungstownOH44504
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1447-1449 Ohio Ave, Youngstown, OH, 44504 in Youngstown is narrow, $94/mo net on $1,246/mo rent after the $787/mo debt service, but the property operates at break-even-plus, not a loss. At $175,000 with a 8.54% yield, the long-run equity case via 5% appreciation ($48,349 over five years) and $1,612/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.58 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $72,789.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 9.2% |
| Monthly Cash Flow | $94 | $450 |
City averages based on Youngstown market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,246 |
| Total Monthly Debt Service | $1,082 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1917
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44504, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,014 (100%) |
| Owner Occupied HU | 721 (35.8%) |
| Renter Occupied HU | 918 (45.6%) |
| Vacant Housing Units | 375 (18.6%) |
| Median Home Value | $86,778 |
| Average Home Value | $161,130 |
Housing Distribution
Address Breakdown
Residential
1,696
Single Family
1,339
Multi-Family
357
Businesses
127
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
Multi Family
Built in 1917
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44504, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,014 (100%) |
| Owner Occupied HU | 721 (35.8%) |
| Renter Occupied HU | 918 (45.6%) |
| Vacant Housing Units | 375 (18.6%) |
| Median Home Value | $86,778 |
| Average Home Value | $161,130 |
Housing Distribution
Address Breakdown
Residential
1,696
Single Family
1,339
Multi-Family
357
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS Now
Mls ID: #5206539