9247 Chalfonte Dr NEWarrenOH44484
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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 9247 Chalfonte Dr NE, Warren, OH, 44484 uses $128,954 cash to close to unlock $3,926/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $2,886/mo, and a $1,904/mo payment keeps the spread at $327/mo. Purchase price stands at $389,000, and rental yield measures 8.9% with $2,886/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 119.71% and total cumulative return in cash records $154,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,886/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.44 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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