5960 Mines Rd SEWarrenOH44484
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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 Warren at 5960 Mines Rd SE, Warren, OH, 44484 earns $291/mo cash flow from $1,014/mo rent with a $538/mo payment. Total monthly income totals $1,014/mo, and annual cash flow totals $3,490/yr on $36,465 capital. ROI tracks 29.48% on current figures, and rental yield reads 11.06% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 154.67% and total cumulative return in cash sums $56,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,014/mo property income instead of your personal income.
Single Family
Built in 1951
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44484, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,527 (100%) |
| Owner Occupied HU | 6,923 (65.8%) |
| Renter Occupied HU | 2,724 (25.9%) |
| Vacant Housing Units | 880 ( 8.4%) |
| Median Home Value | $177,362 |
| Average Home Value | $203,307 |
Housing Distribution
Address Breakdown
Residential
9,989
Single Family
9,618
Multi-Family
371
Businesses
766
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