2208 Cherry Hill AveYoungstownOH44509
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.43% yield at 2208 Cherry Hill Ave, Youngstown, OH, 44509 in Youngstown is solid, but the $455/mo payment compresses net cash flow to $130/mo at $101,250. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $27,974 by year five, and $933/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.75) without U.S. income documentation. Total projected return: $46,976.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 9.2% |
| Monthly Cash Flow | $130 | $450 |
City averages based on Youngstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $796 |
| Total Monthly Debt Service | $626 |
| DSCR Ratio | 1.27x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn Burton • Keller Williams Chervenic Realty
Mls Name: MLS Now
Mls ID: #5121590