2061 Mathews RdYoungstownOH44514
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
Investment Highlights
Investment property for sale in Youngstown at 2061 Mathews Rd, Youngstown, OH, 44514 uses $59,637 cash to close to unlock $2,486/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,391/mo, and a $881/mo payment keeps the spread at $207/mo. Purchase price stands at $179,900, and rental yield measures 9.28% with $1,391/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 125.78% and total cumulative return in cash records $75,009. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,391/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1936
1.27 Acres 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: Julie M Mills • Burgan Real Estate
Mls Name: MLS Now
Mls ID: #5161265