179 Logan Ave 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 179 Logan Ave NE, Warren, OH, 44483 priced at $149,900 pairs $1,130/mo rent with $144/mo cash flow after a $734/mo payment. Total monthly income equals $1,130/mo, and annual cash flow comes to $1,724/yr on $49,692 invested. Return on cash invested is 23.38% in year one, and rental yield stands at 9.05% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 122% and total cumulative return in cash reaches $60,623. For financing, Ziffy Mortgage’s DSCR program evaluates $1,130/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
6,359 sqft 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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