219 Bissell AveYoungstownOH44505
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow219 Bissell Ave, Youngstown, OH, 44505 in Youngstown is a solid income-producing rental, 12.28% gross yield, $1,207/mo rent, $431/mo net cash flow on a $117,900 buy. DSCR 2.28 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $32,574 and $1,086/yr in principal reduction project a total cumulative return of $72,699.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 9.2% |
| Monthly Cash Flow | $431 | $450 |
City averages based on Youngstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,207 |
| Total Monthly Debt Service | $729 |
| DSCR Ratio | 1.66x |
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.
Multi Family
Built in 1902
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44505, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,185 (100%) |
| Owner Occupied HU | 3,899 (47.6%) |
| Renter Occupied HU | 3,128 (38.2%) |
| Vacant Housing Units | 1,158 (14.1%) |
| Median Home Value | $129,276 |
| Average Home Value | $167,532 |
Housing Distribution
Address Breakdown
Residential
7,024
Single Family
5,818
Multi-Family
1,206
Businesses
631
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
Multi Family
Built in 1902
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44505, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,185 (100%) |
| Owner Occupied HU | 3,899 (47.6%) |
| Renter Occupied HU | 3,128 (38.2%) |
| Vacant Housing Units | 1,158 (14.1%) |
| Median Home Value | $129,276 |
| Average Home Value | $167,532 |
Housing Distribution
Address Breakdown
Residential
7,024
Single Family
5,818
Multi-Family
1,206
Businesses
631
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Virginia Troyer • Pathway Real Estate
Mls Name: MLS Now
Mls ID: #5163336