2208 Cherry Hill AveYoungstownOH44509
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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 2208 Cherry Hill Ave, Youngstown, OH, 44509 with 5% annual appreciation on a $101,250 basis while $796/mo rent supports operations. Total monthly income totals $796/mo and a $496/mo payment preserves $130/mo for cash returns. Annual cash flow comes to $1,555/yr on $33,564 deployed, and return on cash invested reaches 24.54% in year one. Equity gained on principal adds $653/yr, and five-year appreciation sums $27,974 alongside rental yield of 9.43%. Five-year ROI measures 128.28% and total cumulative return in cash totals $43,056.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $796/mo property income versus a $496/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44509, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 2,709 (51.5%) |
| Renter Occupied HU | 1,973 (37.5%) |
| Vacant Housing Units | 576 (11.0%) |
| Median Home Value | $58,085 |
| Average Home Value | $90,826 |
Housing Distribution
Address Breakdown
Residential
4,867
Single Family
4,531
Multi-Family
336
Businesses
373
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Listed by: Shawn Burton • Keller Williams Chervenic Realty
Mls Name: MLS Now
Mls ID: #5121590