3101 Logan WayYoungstownOH44505
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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
Rental property for sale in Youngstown at 3101 Logan Way, Youngstown, OH, 44505 generates $2,340/mo in rent, after a $2,055/mo payment. Total monthly income is $2,340/mo. Return on cash invested sits at 16.27% in year one, and rental yield is 6.69% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 83.87% and total cumulative return in cash sums $116,748. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
6.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44505, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,185 (100%) |
| Owner Occupied HU | 3,899 (47.6%) |
| Renter Occupied HU | 3,128 (38.2%) |
| Vacant Housing Units | 1,158 (14.1%) |
| Median Home Value | $129,276 |
| Average Home Value | $167,532 |
Housing Distribution
Address Breakdown
Residential
7,024
Single Family
5,818
Multi-Family
1,206
Businesses
631
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Listed by: Paulette L Applegarth • Keller Williams Legacy Group Realty
Mls Name: MLS Now
Mls ID: #5172020