1236 Grant 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 1236 Grant St, Akron, OH, 44301 uses $39,283 cash to close to unlock $1,962/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $943/mo, and a $580/mo payment keeps the spread at $164/mo. Purchase price stands at $118,500, and rental yield measures 9.55% with $943/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $32,739 over five years. Five-year ROI reaches 130.21% and total cumulative return in cash records $51,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $943/mo property income covering a $580/mo payment rather than investor’s personal income.
Single Family
Built in 1916
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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