1289 Harpster AveAkronOH44314
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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
Rental property for sale in Akron at 1289 Harpster Ave, Akron, OH, 44314 generates $964/mo in rent and, after a $611/mo payment, leaves $143/mo in cash flow. Total monthly income is $964/mo, and annual cash flow is $1,713/yr on $41,404 invested. Return on cash invested sits at 24.05% in year one, and rental yield is 9.26% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 125.58% and total cumulative return in cash sums $51,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $964/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44314, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,406 (100%) |
| Owner Occupied HU | 4,008 (47.7%) |
| Renter Occupied HU | 3,583 (42.6%) |
| Vacant Housing Units | 815 ( 9.7%) |
| Median Home Value | $87,467 |
| Average Home Value | $148,272 |
Housing Distribution
Address Breakdown
Residential
7,850
Single Family
7,734
Multi-Family
116
Businesses
380
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