1231 Bellows StAkronOH44301
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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 1231 Bellows St, Akron, OH, 44301 offers a 9.29% rental yield on a $100,000 purchase with $774/mo rent. Total monthly income registers $774/mo, and a $489/mo payment leaves $117/mo available for distribution. Annual cash flow reaches $1,400/yr on $33,150 to close, and return on cash invested stands at 24.13% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 126.02% and total cumulative return in cash at $41,776. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $774/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44301, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 3,494 (52.9%) |
| Renter Occupied HU | 2,370 (35.9%) |
| Vacant Housing Units | 738 (11.2%) |
| Median Home Value | $102,210 |
| Average Home Value | $146,156 |
Housing Distribution
Address Breakdown
Residential
6,147
Single Family
6,017
Multi-Family
130
Businesses
302
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