2849 Montgomery Ave NWWarrenOH44485
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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 2849 Montgomery Ave NW, Warren, OH, 44485 uses $59,637 cash to close to unlock $3,326/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $1,461/mo, and a $881/mo payment keeps the spread at $277/mo. Purchase price stands at $179,900, and rental yield measures 9.75% with $1,461/mo rent. Return on cash invested shows 25.49% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 133.34% and total cumulative return in cash records $79,521. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,461/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1955
8,228 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44485, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,659 (100%) |
| Owner Occupied HU | 3,390 (44.3%) |
| Renter Occupied HU | 3,308 (43.2%) |
| Vacant Housing Units | 961 (12.5%) |
| Median Home Value | $68,787 |
| Average Home Value | $91,364 |
Housing Distribution
Address Breakdown
Residential
6,606
Single Family
5,551
Multi-Family
1,055
Businesses
188
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