3420 Draper Ave SEWarrenOH44484
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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 3420 Draper Ave SE, Warren, OH, 44484 with 5% annual appreciation on a $174,500 basis while $1,565/mo rent supports operations. Total monthly income totals $1,565/mo and a $854/mo payment preserves $417/mo for cash returns. Annual cash flow comes to $5,007/yr on $57,847 deployed, and return on cash invested reaches 28.56% in year one. Equity gained on principal adds $1,126/yr, and five-year appreciation sums $48,211 alongside rental yield of 10.76%. Five-year ROI measures 149.83% and total cumulative return in cash totals $86,670.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,565/mo property income versus a $854/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44484, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,527 (100%) |
| Owner Occupied HU | 6,923 (65.8%) |
| Renter Occupied HU | 2,724 (25.9%) |
| Vacant Housing Units | 880 ( 8.4%) |
| Median Home Value | $177,362 |
| Average Home Value | $203,307 |
Housing Distribution
Address Breakdown
Residential
9,989
Single Family
9,618
Multi-Family
371
Businesses
766
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