1860 Massachusetts Ave APT 2YoungstownOH44514
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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 1860 Massachusetts Ave APT 2, Youngstown, OH, 44514 earns $237/mo cash flow from $1,553/mo rent with a $979/mo payment. Total monthly income totals $1,553/mo, and annual cash flow totals $2,848/yr on $66,300 capital. ROI tracks 24.2% on current figures, and rental yield reads 9.32% at a $199,999 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 126.44% and total cumulative return in cash sums $83,828. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,553/mo property income instead of your personal income.
Condo
Built in 2000
1,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44514, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,439 (100%) |
| Owner Occupied HU | 8,075 (77.4%) |
| Renter Occupied HU | 1,725 (16.5%) |
| Vacant Housing Units | 639 ( 6.1%) |
| Median Home Value | $209,696 |
| Average Home Value | $250,950 |
Housing Distribution
Address Breakdown
Residential
10,170
Single Family
9,609
Multi-Family
561
Businesses
752
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Listed by: Richard Clark • Clark Carney Realty Group
Mls Name: MLS Now
Mls ID: #5181830