6624 Ronjoy PlYoungstownOH44512
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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 6624 Ronjoy Pl, Youngstown, OH, 44512 offers a 8.25% rental yield on a $339,000 purchase with $2,332/mo rent. Total monthly income registers $2,332/mo, and a $1,659/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,228/yr on $112,379 to close, and return on cash invested stands at 21% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 109.24% and total cumulative return in cash at $122,764. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,332/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44512, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 10,292 (62.4%) |
| Renter Occupied HU | 4,960 (30.0%) |
| Vacant Housing Units | 1,254 ( 7.6%) |
| Median Home Value | $171,856 |
| Average Home Value | $201,679 |
Housing Distribution
Address Breakdown
Residential
15,574
Single Family
13,151
Multi-Family
2,423
Businesses
1,821
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Listed by: Cole Belter • RE/MAX Crossroads Properties
Mls Name: MLS Now
Mls ID: #5178794