247 Ayers StYoungstownOH44506
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 247 Ayers St, Youngstown, OH, 44506 in Youngstown at $114,500 earns $900/mo in rent and nets $147/mo after the $515/mo payment, a 9.43% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $31,634 over five years. Ziffy Mortgage underwrites this on a 1.75 DSCR without U.S. credit history. With $1,055/yr in principal paydown, total projected return reaches $53,091.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 9.2% |
| Monthly Cash Flow | $147 | $450 |
City averages based on Youngstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $900 |
| Total Monthly Debt Service | $708 |
| 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 2002
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44506, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,044 (100%) |
| Owner Occupied HU | 512 (49.0%) |
| Renter Occupied HU | 369 (35.3%) |
| Vacant Housing Units | 163 (15.6%) |
| Median Home Value | $30,476 |
| Average Home Value | $57,456 |
Housing Distribution
Address Breakdown
Residential
859
Single Family
859
Multi-Family
0
Businesses
74
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 2002
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44506, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,044 (100%) |
| Owner Occupied HU | 512 (49.0%) |
| Renter Occupied HU | 369 (35.3%) |
| Vacant Housing Units | 163 (15.6%) |
| Median Home Value | $30,476 |
| Average Home Value | $57,456 |
Housing Distribution
Address Breakdown
Residential
859
Single Family
859
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erica Avery • Liberty Home Services and Real Estate LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5099548
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