3509 Lenox AveYoungstownOH44502
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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 3509 Lenox Ave, Youngstown, OH, 44502 generates $857/mo in rent and, after a $534/mo payment, leaves $140/mo in cash flow. Total monthly income is $857/mo, and annual cash flow is $1,674/yr on $36,134 invested. Return on cash invested sits at 24.54% in year one, and rental yield is 9.43% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 128.25% and total cumulative return in cash sums $46,342. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $857/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
3,920 sqft 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
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Listed by: Kelli Hinton • William Zamarelli, Inc.
Mls Name: MLS Now
Mls ID: #5158886