3968 Cannon RdAustintownOH44515
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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 Austintown at 3968 Cannon Rd, Austintown, OH, 44515 uses $64,311 cash to close to unlock $2,657/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,498/mo, and a $950/mo payment keeps the spread at $221/mo. Purchase price stands at $194,000, and rental yield measures 9.27% with $1,498/mo rent. Return on cash invested shows 24.04% in year one, and 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 125.55% and total cumulative return in cash records $80,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,498/mo property income covering a $950/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44515, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,353 (100%) |
| Owner Occupied HU | 7,814 (58.5%) |
| Renter Occupied HU | 4,574 (34.3%) |
| Vacant Housing Units | 965 ( 7.2%) |
| Median Home Value | $160,562 |
| Average Home Value | $189,265 |
Housing Distribution
Address Breakdown
Residential
12,671
Single Family
10,176
Multi-Family
2,495
Businesses
916
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Listed by: Erica Winner-Sauceman • Keller Williams Legacy Group Realty
Mls Name: MLS Now
Mls ID: #5178517