983 Garden St NWWarrenOH44485
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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 983 Garden St NW, Warren, OH, 44485 uses $39,780 cash to close to unlock $1,872/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $945/mo, and a $587/mo payment keeps the spread at $156/mo. Purchase price stands at $120,000, and rental yield measures 9.45% with $945/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 128.55% and total cumulative return in cash records $51,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $945/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1925
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44485, Warren, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,659 (100%) |
| Owner Occupied HU | 3,390 (44.3%) |
| Renter Occupied HU | 3,308 (43.2%) |
| Vacant Housing Units | 961 (12.5%) |
| Median Home Value | $68,787 |
| Average Home Value | $91,364 |
Housing Distribution
Address Breakdown
Residential
6,606
Single Family
5,551
Multi-Family
1,055
Businesses
188
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