3448 Neilson AveYoungstownOH44502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3448 Neilson Ave, Youngstown, OH, 44502 generates $1,219/mo in rent and, after a $636/mo payment, leaves $364/mo in cash flow. Total monthly income is $1,219/mo, and annual cash flow is $4,372/yr on $43,062 invested. Return on cash invested sits at 30.06% in year one, and rental yield is 11.26% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 157.91% and total cumulative return in cash sums $67,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,219/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44502, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,150 (100%) |
| Owner Occupied HU | 1,923 (46.3%) |
| Renter Occupied HU | 1,643 (39.6%) |
| Vacant Housing Units | 584 (14.1%) |
| Median Home Value | $36,481 |
| Average Home Value | $80,658 |
Housing Distribution
Address Breakdown
Residential
3,800
Single Family
3,551
Multi-Family
249
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valerie J Park • CENTURY 21 Lakeside Realty
Mls Name: MLS Now
Mls ID: #5142928