2401 Old Furnace RdYoungstownOH44511
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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 2401 Old Furnace Rd, Youngstown, OH, 44511 priced at $343,000 converts $1,864/mo rent into after a $1,679/mo obligation. Total monthly income equals $1,864/mo. Return on cash invested prints 15.77% in year one, and rental yield reads 6.52% against a $343,000 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation compiles into $94,765 by year five. Five-year ROI reaches 81.16% and total cumulative return in cash sums $92,280. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,864/mo property income covering a $1,679/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44511, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,233 (100%) |
| Owner Occupied HU | 6,085 (65.9%) |
| Renter Occupied HU | 2,386 (25.8%) |
| Vacant Housing Units | 762 ( 8.3%) |
| Median Home Value | $121,748 |
| Average Home Value | $139,589 |
Housing Distribution
Address Breakdown
Residential
8,484
Single Family
7,718
Multi-Family
766
Businesses
261
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