1243 Herberich AveAkronOH44301
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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 1243 Herberich Ave, Akron, OH, 44301 earns $158/mo cash flow from $881/mo rent with a $538/mo payment. Total monthly income totals $881/mo, and annual cash flow totals $1,896/yr on $36,432 capital. ROI tracks 25.11% on current figures, and rental yield reads 9.62% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 131.27% and total cumulative return in cash sums $47,824. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $881/mo property income instead of your personal income.
Single Family
Built in 1927
3,920 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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Listed by: Brendan Taylor • RE/MAX Trends Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5140681
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