265 Charles Ave NEWarrenOH44483
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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 Warren at 265 Charles Ave NE, Warren, OH, 44483 listed at $115,000 pairs $906/mo rent with a $563/mo payment to leave $149/mo cash flow. Total monthly income runs $906/mo, and annual cash flow reaches $1,793/yr on $38,123 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 9.45% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 128.67% and total cumulative return in cash totals $49,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $906/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1918
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44483, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,784 (100%) |
| Owner Occupied HU | 6,855 (58.2%) |
| Renter Occupied HU | 3,566 (30.3%) |
| Vacant Housing Units | 1,363 (11.6%) |
| Median Home Value | $118,028 |
| Average Home Value | $158,441 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
9,818
Multi-Family
1,160
Businesses
758
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