Rental Property Investor · Pittsburgh, PA · Member since 2016 · 2 posts · 2 votes
Is anyone familiar with the rental market in Northeast Warren, Ohio? We identified a single family home there that we'd like to acquire and put on the rental market. It is in a very desirable section near Howland Center and completely updated. Trying to identify if we could get a reliable tenant in this area and determine appropriate rent to charge. Any information is appreciated!
Contractor · Warren, OH · Member since 2015 · 147 posts · 55 votes
5y
Do you have more info about the house you can share? How many beds/baths, square footage?
Howland is a nice area however keep in mind there seems to be a high income portion of Howland and a low income portion, middle class seems to be smaller in that area from what I’ve heard talking to agents since it boarders Warren. So schools will not be as good as say Cortland schools. Just something to keep in mind when targeting a renter.
I’ve been looking at rentals in Trumbull county for years just haven’t pulled the trigger yet.
Rental Property Investor · Pittsburgh, PA · Member since 2016 · 2 posts · 2 votes
5y
Thanks for your response! The house is 3BR with 2 full baths, 2 half baths, 1840 Sq Ft. with 2 car garage and is move in ready. We have another rental property in Pittsburgh that is doing very well but want to eventually move to this Ohio area for the lake and bike trail access and would probably rent this house out for a few years then move into it ourselves. So it would not be a true long term investment property. Just need someone to cover costs for a while until we're ready. Then may consider other investments in the area. Yes have toured through Howland and Cortland areas and understand about the schools, etc. so thanks for those points. Our recent AirB&B very close to the house in question thinks we'd have no problem getting a renter to cover more than the costs to make it worth while.