930 Cornell AveYoungstownOH44502
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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 Youngstown at 930 Cornell Ave, Youngstown, OH, 44502 uses $39,780 cash to close to unlock $1,428/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $908/mo, and a $587/mo payment keeps the spread at $119/mo. Purchase price stands at $120,000, and rental yield measures 9.08% with $908/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 122.61% and total cumulative return in cash records $48,775. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $908/mo property income covering a $587/mo payment rather than investor’s personal income.
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
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Listed by: Annie D Robles • Kelly Warren and Associates RE Solutions
Mls Name: MLS Now
Mls ID: #5174029