3502 Somerset Dr UNIT BYoungstownOH44505
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
Investment property for sale in Youngstown at 3502 Somerset Dr UNIT B, Youngstown, OH, 44505 listed at $165,000 pairs $870/mo rent with a $808/mo payment. Total monthly income runs $870/mo. Return on cash invested measures 15.18% in year one, and rental yield registers 6.33% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 78.04% and total cumulative return in cash totals $42,683. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $870/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marcus A Agee • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls ID: #5181488