106 E Walnut StAkronIN46910
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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 Akron at 106 E Walnut St, Akron, IN, 46910 uses $74,588 cash to close to unlock $1,999/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $1,101/mo payment keeps the spread at $167/mo. Purchase price stands at $225,000, and rental yield measures 8.09% with $1,517/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 116.99% and total cumulative return in cash records $87,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46910, Akron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,402 (100%) |
| Owner Occupied HU | 1,020 (72.8%) |
| Renter Occupied HU | 223 (15.9%) |
| Vacant Housing Units | 159 (11.3%) |
| Median Home Value | $223,214 |
| Average Home Value | $218,537 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,022
Multi-Family
16
Businesses
68
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