930 Cornell AveYoungstownOH44502
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 930 Cornell Ave, Youngstown, OH, 44502 in Youngstown is narrow, $144/mo net on $933/mo rent after the $540/mo debt service, but the property operates at break-even-plus, not a loss. At $120,000 with a 9.33% yield, the long-run equity case via 5% appreciation ($33,154 over five years) and $1,105/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.73 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $54,921.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 9.2% |
| Monthly Cash Flow | $144 | $450 |
City averages based on Youngstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $933 |
| Total Monthly Debt Service | $742 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1922
5,793 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44502, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,150 (100%) |
| Owner Occupied HU | 1,923 (46.3%) |
| Renter Occupied HU | 1,643 (39.6%) |
| Vacant Housing Units | 584 (14.1%) |
| Median Home Value | $36,481 |
| Average Home Value | $80,658 |
Housing Distribution
Address Breakdown
Residential
3,800
Single Family
3,551
Multi-Family
249
Businesses
399
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 1922
5,793 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44502, Youngstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,150 (100%) |
| Owner Occupied HU | 1,923 (46.3%) |
| Renter Occupied HU | 1,643 (39.6%) |
| Vacant Housing Units | 584 (14.1%) |
| Median Home Value | $36,481 |
| Average Home Value | $80,658 |
Housing Distribution
Address Breakdown
Residential
3,800
Single Family
3,551
Multi-Family
249
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annie D Robles • Kelly Warren and Associates RE Solutions
Mls Name: MLS Now
Mls ID: #5174029