2855 Melgren Dr SWWarrenOH44481
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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 2855 Melgren Dr SW, Warren, OH, 44481 offers a 0% rental yield on a $100,000 purchase with $0/mo rent. 89% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44481, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,005 (100%) |
| Owner Occupied HU | 3,755 (75.0%) |
| Renter Occupied HU | 885 (17.7%) |
| Vacant Housing Units | 365 ( 7.3%) |
| Median Home Value | $199,236 |
| Average Home Value | $203,800 |
Housing Distribution
Address Breakdown
Residential
4,552
Single Family
4,460
Multi-Family
92
Businesses
372
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