3240 Oak Street ExtYoungstownOH44505
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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 3240 Oak Street Ext, Youngstown, OH, 44505 generates $1,297/mo in rent and, after a $758/mo payment, leaves $278/mo in cash flow. Total monthly income is $1,297/mo, and annual cash flow is $3,339/yr on $51,349 invested. Return on cash invested sits at 26.41% in year one, and rental yield is 10.05% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 138.27% and total cumulative return in cash sums $71,000. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,297/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.62 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: Virginia Troyer • Pathway Real Estate
Mls Name: MLS Now
Mls ID: #5182525