1860 Massachusetts Ave APT 2YoungstownOH44514
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1860 Massachusetts Ave APT 2, Youngstown, OH, 44514 in Youngstown is a solid income-producing rental, 9.32% gross yield, $1,553/mo rent, $237/mo net cash flow on a $199,999 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $55,256 and $1,842/yr in principal reduction project a total cumulative return of $91,510.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 9.2% |
| Monthly Cash Flow | $237 | $450 |
City averages based on Youngstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,553 |
| Total Monthly Debt Service | $1,236 |
| DSCR Ratio | 1.26x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Clark • Clark Carney Realty Group
Mls Name: MLS Now
Mls ID: #5181830