457 Cherry Fork Ave, Leetonia, OH, 44431 | $334/mo Cash Flow

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457 Cherry Fork Ave, Leetonia, OH, 44431 | $334/mo Cash Flow | Ziffy

For Sale

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 457 Cherry Fork Ave, Leetonia, OH, 44431 earns $334/mo cash flow from $1,320/mo rent with a $734/mo payment. Total monthly income totals $1,320/mo, and annual cash flow totals $4,004/yr on $49,692 capital. ROI tracks 27.97% on current figures, and rental yield reads 10.57% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 146.6% and total cumulative return in cash sums $72,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,320/mo property income instead of your personal income.

Single Family

Built in 1947

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

457 Cherry Fork Avenue, Leetonia, OH The little big house that lives large! Beautifully renovated 3-bedroom, 2-full-bath bungalow situated on a spacious .33-acre lot in the heart of Leetonias charming small-town setting with convenient access to major routes and the freeway for easy commuting. This updated home delivers far more space than expected with a floor plan offering a generous entry foyer, welcoming living room, eat-in kitchen or dining room option, plus a versatile sitting area ideal for a home office, reading nook, or flex space. The kitchen has been freshly updated and includes a stove and refrigerator. Recent improvements include all-new flooring throughout, fresh interior paint, new metal roof, brand-new central A/C, and updated electrical providing modern comfort and peace of mind. Outdoor living shines with a detached 17x24 garage currently in the process of receiving new siding, a screened-in back porch, shed, gazebo, and plenty of green space for gardening, outdoor entertaining, or simply enjoying quiet country evenings. Leetonia is known for its proud industrial roots and close-knit community charm, home to the historic Cherry Valley Coke Ovens and scenic countryside, offering a peaceful rural lifestyle with small-town character while remaining within easy reach of Youngstown and surrounding communities. A rare opportunity to enjoy modern updates, flexible living space, and the charm of a true American village this home truly lives large. #457cherryfork #leetoniaohio #renovatedandready #homehappenshere #bungalow

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