34 Mill Creek DrYoungstownOH44512
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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 34 Mill Creek Dr, Youngstown, OH, 44512 generates $2,193/mo in rent and, after a $1,356/mo payment, leaves $361/mo in cash flow. Total monthly income is $2,193/mo, and annual cash flow is $4,335/yr on $91,826 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 9.5% on a $277,000 entry. Equity gained on principal adds $1,787/yr, while 5% annual appreciation builds toward $76,530 over five years. Five-year ROI reaches 128.75% and total cumulative return in cash sums $118,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,193/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44512, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 10,292 (62.4%) |
| Renter Occupied HU | 4,960 (30.0%) |
| Vacant Housing Units | 1,254 ( 7.6%) |
| Median Home Value | $171,856 |
| Average Home Value | $201,679 |
Housing Distribution
Address Breakdown
Residential
15,574
Single Family
13,151
Multi-Family
2,423
Businesses
1,821
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Listed by: Kathleen C Morell • Howard Hanna
Mls Name: MLS Now
Mls ID: #5110747