1113 Meadow RunAkronOH44321
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 1113 Meadow Run, Akron, OH, 44321 uses $94,444 cash to close to unlock $14,156/yr annual cash flow and $1,180/mo monthly cash flow. Total monthly income runs $3,232/mo, and a $1,394/mo payment keeps the spread at $1,180/mo. Purchase price stands at $284,900, and rental yield measures 13.61% with $3,232/mo rent. Return on cash invested shows 34.9% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 184.55% and total cumulative return in cash records $174,299. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,232/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
1,868 sqft lot
$N/A/sqft
$127 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44321, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 5,003 (70.3%) |
| Renter Occupied HU | 1,790 (25.2%) |
| Vacant Housing Units | 322 ( 4.5%) |
| Median Home Value | $354,394 |
| Average Home Value | $372,498 |
Housing Distribution
Address Breakdown
Residential
6,953
Single Family
6,209
Multi-Family
744
Businesses
372
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Nearby investment properties with comparable prices
Listed by: Aiden Avtgis • RE/MAX Infinity
Mls Name: MLS Now
Mls Provider:
Mls ID: #5151785
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