1649 Lancaster DrYoungstownOH44511
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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
Investment property for sale in Youngstown at 1649 Lancaster Dr, Youngstown, OH, 44511 uses $51,714 cash to close to unlock $5,009/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $1,444/mo, and a $764/mo payment keeps the spread at $417/mo. Purchase price stands at $156,000, and rental yield measures 11.11% with $1,444/mo rent. Return on cash invested shows 29.59% in year one, and 5% annual appreciation builds toward $43,100 over five years. Five-year ROI reaches 155.37% and total cumulative return in cash records $80,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $764/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.31 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
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Listed by: Marie A Houston • WEICHERT REALTORS - Welcome Agency
Mls Name: MLS Now
Mls ID: #5178910