3502 Somerset Dr #2-UNIT BYoungstownOH44505
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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 3502 Somerset Dr #2-UNIT B, Youngstown, OH, 44505 generates $1,987/mo in rent and, after a $736/mo payment, leaves $998/mo in cash flow. Total monthly income is $1,987/mo, and annual cash flow is $11,976/yr on $49,824 invested. Return on cash invested sits at 43.95% in year one, and rental yield is 15.86% on a $150,300 entry. Equity gained on principal adds $970/yr, while 5% annual appreciation builds toward $41,525 over five years. Five-year ROI reaches 232.26% and total cumulative return in cash sums $115,720. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,987/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A 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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