894 Pearson Cir UNIT 3BoardmanOH44512
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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 Boardman at 894 Pearson Cir UNIT 3, Boardman, OH, 44512 generates $1,096/mo in rent and, after a $563/mo payment, leaves $189/mo in cash flow. Total monthly income is $1,096/mo, and annual cash flow is $2,273/yr on $38,123 invested. Return on cash invested sits at 25.87% in year one, and rental yield is 11.44% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 137.11% and total cumulative return in cash sums $52,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,096/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$150 monthly 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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