2148 Renwick DrYoungstownOH44514
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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 Youngstown at 2148 Renwick Dr, Youngstown, OH, 44514 generates $1,620/mo in rent and, after a $967/mo payment, leaves $321/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $3,846/yr on $65,471 invested. Return on cash invested sits at 25.78% in year one, and rental yield is 9.84% on a $197,500 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation builds toward $54,566 over five years. Five-year ROI reaches 134.89% and total cumulative return in cash sums $88,311. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
8,407 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: Chris Roman • Howard Hanna
Mls Name: MLS Now
Mls ID: #5056379