783 Packard St NWWarrenOH44483
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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 783 Packard St NW, Warren, OH, 44483 offers a 9.63% rental yield on a $120,000 purchase with $963/mo rent. Total monthly income registers $963/mo, and a $587/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,088/yr on $39,780 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 131.51% and total cumulative return in cash at $52,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $963/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
4,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44483, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,784 (100%) |
| Owner Occupied HU | 6,855 (58.2%) |
| Renter Occupied HU | 3,566 (30.3%) |
| Vacant Housing Units | 1,363 (11.6%) |
| Median Home Value | $118,028 |
| Average Home Value | $158,441 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
9,818
Multi-Family
1,160
Businesses
758
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