4593 Michigan BlvdYoungstownOH44505
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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 4593 Michigan Blvd, Youngstown, OH, 44505 offers a 4.14% rental yield on a $678,000 purchase with $2,340/mo rent. 66% in year one. Equity gained on principal adds $4,375/yr while 5% annual appreciation supports $187,319 over five years. Portfolio math shows five-year ROI at 42.99% and total cumulative return in cash at $95,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $3,318/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2004
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44505, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,185 (100%) |
| Owner Occupied HU | 3,899 (47.6%) |
| Renter Occupied HU | 3,128 (38.2%) |
| Vacant Housing Units | 1,158 (14.1%) |
| Median Home Value | $129,276 |
| Average Home Value | $167,532 |
Housing Distribution
Address Breakdown
Residential
7,024
Single Family
5,818
Multi-Family
1,206
Businesses
631
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Listed by: Amy Watkins • Berkshire Hathaway HomeServices Stouffer Realty
Mls Name: MLS Now
Mls ID: #5108563