107 E Wellock DrAkronOH44319
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
Investment Highlights
Investment property for sale in Akron at 107 E Wellock Dr, Akron, OH, 44319 at $180,000 posts ROI 28.32% with $418/mo cash flow from $1,602/mo rent. Total monthly income equals $1,602/mo, and annual cash flow records $5,016/yr on $59,670 to close. Return on cash invested measures 28.32% and rental yield reads 10.68% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 148.4% and total cumulative return in cash totals $88,553.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,602/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
6,324 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44319, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,424 (100%) |
| Owner Occupied HU | 7,356 (70.6%) |
| Renter Occupied HU | 2,136 (20.5%) |
| Vacant Housing Units | 932 ( 8.9%) |
| Median Home Value | $244,770 |
| Average Home Value | $303,264 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,536
Multi-Family
437
Businesses
782
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