6985 Harrington AveYoungstownOH44512
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 6985 Harrington Ave, Youngstown, OH, 44512 in Youngstown is a conservative rental investment at $379,500. Rental yield 6.59%. A 1.22 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $104,849; $3,495/yr in principal paydown supplements. Total projected return: $118,078.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 9.2% |
| Monthly Cash Flow | $(412) | $450 |
City averages based on Youngstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,084 |
| Total Monthly Debt Service | $2,345 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1991
0.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1991
0.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John V McCarthy • Russell Real Estate Services
Mls Name: MLS Now
Mls ID: #5182538