1161 La Croix AveAkronOH44307
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 1161 La Croix Ave, Akron, OH, 44307 with 5% annual appreciation on a $114,000 basis while $897/mo rent supports operations. Total monthly income totals $897/mo and a $558/mo payment preserves $147/mo for cash returns. Annual cash flow comes to $1,765/yr on $37,791 deployed, and return on cash invested reaches 24.58% in year one. Equity gained on principal adds $736/yr, and five-year appreciation sums $31,496 alongside rental yield of 9.44%. Five-year ROI measures 128.53% and total cumulative return in cash totals $48,571.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $897/mo property income versus a $558/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1911
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44307, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,782 (100%) |
| Owner Occupied HU | 1,044 (27.6%) |
| Renter Occupied HU | 2,299 (60.8%) |
| Vacant Housing Units | 439 (11.6%) |
| Median Home Value | $70,427 |
| Average Home Value | $107,189 |
Housing Distribution
Address Breakdown
Residential
3,498
Single Family
2,671
Multi-Family
827
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices