1709 Elm Rd NEWarrenOH44483
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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 1709 Elm Rd NE, Warren, OH, 44483 offers $1,598/mo rent that, after a $524/mo payment, leaves $894/mo cash flow. Total monthly income is $1,598/mo, and annual cash flow is $10,727/yr on $35,471 cash. Return on cash invested measures 50.15% in year one, and rental yield stands at 17.92% at a $107,000 entry. Equity gained on principal adds $690/yr while 5% annual appreciation compounds into $29,562 by year five. Five-year ROI records 265.55% and total cumulative return in cash reaches $94,194. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,598/mo property income versus a $524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44483, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,784 (100%) |
| Owner Occupied HU | 6,855 (58.2%) |
| Renter Occupied HU | 3,566 (30.3%) |
| Vacant Housing Units | 1,363 (11.6%) |
| Median Home Value | $118,028 |
| Average Home Value | $158,441 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
9,818
Multi-Family
1,160
Businesses
758
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