3389 Bon Air 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
Rental property for sale in Warren at 3389 Bon Air Ave NW, Warren, OH, 44485 generates $1,355/mo in rent and, after a $734/mo payment, leaves $369/mo in cash flow. Total monthly income is $1,355/mo, and annual cash flow is $4,424/yr on $49,692 invested. Return on cash invested sits at 28.81% in year one, and rental yield is 10.85% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 151.12% and total cumulative return in cash sums $75,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,355/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.46 Acres 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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