3648 Glenmere DrYoungstownOH44511
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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 Youngstown at 3648 Glenmere Dr, Youngstown, OH, 44511 with 5% annual appreciation on a $274,900 basis while $1,826/mo rent supports operations. Total monthly income totals $1,826/mo and a $1,346/mo payment preserves $18/mo for cash returns. Annual cash flow comes to $219/yr on $91,129 deployed, and return on cash invested reaches 20.15% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 7.97%. Five-year ROI measures 104.68% and total cumulative return in cash totals $95,391.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,826/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44511, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,233 (100%) |
| Owner Occupied HU | 6,085 (65.9%) |
| Renter Occupied HU | 2,386 (25.8%) |
| Vacant Housing Units | 762 ( 8.3%) |
| Median Home Value | $121,748 |
| Average Home Value | $139,589 |
Housing Distribution
Address Breakdown
Residential
8,484
Single Family
7,718
Multi-Family
766
Businesses
261
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Listed by: Christina A Cox • Howard Hanna
Mls Name: MLS Now
Mls ID: #5117874