59 Wesley AveYoungstownOH44509
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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
Rental property for sale in Youngstown at 59 Wesley Ave, Youngstown, OH, 44509 generates $994/mo in rent and, after a $582/mo payment, leaves $212/mo in cash flow. Total monthly income is $994/mo, and annual cash flow is $2,540/yr on $39,449 invested. Return on cash invested sits at 26.35% in year one, and rental yield is 10.02% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 137.93% and total cumulative return in cash sums $54,413. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $994/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44509, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 2,709 (51.5%) |
| Renter Occupied HU | 1,973 (37.5%) |
| Vacant Housing Units | 576 (11.0%) |
| Median Home Value | $58,085 |
| Average Home Value | $90,826 |
Housing Distribution
Address Breakdown
Residential
4,867
Single Family
4,531
Multi-Family
336
Businesses
373
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Listed by: Deana Bode • Kelly Warren and Associates RE Solutions
Mls Name: MLS Now
Mls ID: #5153640