5604 Colgate AveYoungstownOH44515
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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 5604 Colgate Ave, Youngstown, OH, 44515 offers a 9.81% rental yield on a $199,900 purchase with $1,634/mo rent. Total monthly income registers $1,634/mo, and a $978/mo payment leaves $320/mo available for distribution. Annual cash flow reaches $3,834/yr on $66,267 to close, and return on cash invested stands at 25.69% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 134.4% and total cumulative return in cash at $89,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,634/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.29 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: Anthony Maffei • CENTURY 21 Lakeside Realty
Mls Name: MLS Now
Mls ID: #5176634