244 Wilcox RdYoungstownOH44515
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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 244 Wilcox Rd, Youngstown, OH, 44515 at $250,000 posts ROI 19.85% with from $1,641/mo rent. Total monthly income equals $1,641/mo. Return on cash invested measures 19.85% and rental yield reads 7.88% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 103.09% and total cumulative return in cash totals $85,438. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,641/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44515, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,353 (100%) |
| Owner Occupied HU | 7,814 (58.5%) |
| Renter Occupied HU | 4,574 (34.3%) |
| Vacant Housing Units | 965 ( 7.2%) |
| Median Home Value | $160,562 |
| Average Home Value | $189,265 |
Housing Distribution
Address Breakdown
Residential
12,671
Single Family
10,176
Multi-Family
2,495
Businesses
916
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Listed by: Chad M Cromer • NextHome GO30 Realty
Mls Name: MLS Now
Mls ID: #5145177