2331 Coronado AveYoungstownOH44504
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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 2331 Coronado Ave, Youngstown, OH, 44504 offers a 10.96% rental yield on a $197,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $964/mo payment leaves $504/mo available for distribution. Annual cash flow reaches $6,053/yr on $65,306 to close, and return on cash invested stands at 29.18% in year one. Equity gained on principal adds $1,271/yr while 5% annual appreciation supports $54,427 over five years. Portfolio math shows five-year ROI at 153.11% and total cumulative return in cash at $99,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $964/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44504, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,014 (100%) |
| Owner Occupied HU | 721 (35.8%) |
| Renter Occupied HU | 918 (45.6%) |
| Vacant Housing Units | 375 (18.6%) |
| Median Home Value | $86,778 |
| Average Home Value | $161,130 |
Housing Distribution
Address Breakdown
Residential
1,696
Single Family
1,339
Multi-Family
357
Businesses
127
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Listed by: Joshua Cayson • Red 1 Realty, LLC
Mls Name: MLS Now
Mls ID: #5182240