38474 Longs Crossing Rd, Leetonia, OH, 44431 | 4.54% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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38474 Longs Crossing Rd, Leetonia, OH, 44431 | 4.54% Rental Yield | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Leetonia at 38474 Longs Crossing Rd, Leetonia, OH, 44431 offers a 4.54% rental yield on a $349,000 purchase with $1,320/mo rent. 79% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 49.11% and total cumulative return in cash at $56,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1980

5.06 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on 5 private acres, this secluded home is waiting for YOU! The home features a private, tree lined driveway with so many outdoor features that will have your green thumbs enticed. A mini covered bridge takes you to the garden area and large deck off of the kitchen. Also in the back yard is a 2.5 detached garage, woodshed, gazebo and a rustic cabin. The cabin is a perfect setting to relax and take in the tranquility of the outdoors. When entering the front door, you step into the screened-in porch that sets the tone for the home's welcoming charm. The porch is perfect for your morning coffee and winding down in the evening. The charming living room with wood burner, leads to a country kitchen and half bath. Next is the huge family room with wooden floors and ceilings. This large family room has two thoughtfully designed nook areas that add charm and functionality. One serves as a convenient pantry and the other can be utilized for a bar area, ideal for entertaining friends and family. The upstairs area features three bedrooms and one full bathroom. The primary bedroom has a large walk-in closet. The finished basement has another family room, and plenty of storage. The laundry room has a full bathroom which includes shower, vanity, and toilet. New gutter guards were done last month. Do not miss the opportunity to call this outdoor oasis your new home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44431, Leetonia, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,973 (100%)
Owner Occupied HU	1,476 (74.8%)
Renter Occupied HU	303 (15.4%)
Vacant Housing Units	194 ( 9.8%)
Median Home Value	$183,263
Average Home Value	$268,015