1213 McKinley AveAkronOH44306
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 1213 McKinley Ave, Akron, OH, 44306 at $119,500 posts ROI 36.08% with $534/mo cash flow from $1,320/mo rent. Total monthly income equals $1,320/mo, and annual cash flow records $6,406/yr on $39,614 to close. Return on cash invested measures 36.08% and rental yield reads 13.26% at the current $119,500. Equity gained on principal adds $771/yr, and 5% annual appreciation supports $33,016 by year five. Five-year ROI prints 190.1% and total cumulative return in cash totals $75,306.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,320/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1919
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44306, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,990 (100%) |
| Owner Occupied HU | 3,826 (38.3%) |
| Renter Occupied HU | 5,017 (50.2%) |
| Vacant Housing Units | 1,147 (11.5%) |
| Median Home Value | $94,541 |
| Average Home Value | $144,323 |
Housing Distribution
Address Breakdown
Residential
8,944
Single Family
8,590
Multi-Family
354
Businesses
579
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Nearby investment properties with comparable prices
Listed by: Tamika L Moss • Century 21 Homestar
Mls Name: MLS Now
Mls Provider:
Mls ID: #5062121
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