1371 Laffer AveAkronOH44305
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 1371 Laffer Ave, Akron, OH, 44305 earns $141/mo cash flow from $884/mo rent with a $553/mo payment. Total monthly income totals $884/mo, and annual cash flow totals $1,691/yr on $37,426 capital. ROI tracks 24.43% on current figures, and rental yield reads 9.4% at a $112,900 purchase. Equity gained on principal adds $729/yr, and 5% annual appreciation supports $31,192 over five years. Five-year ROI reaches 127.57% and total cumulative return in cash sums $47,746. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $884/mo property income instead of your personal income.
Single Family
Built in 1921
4,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44305, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,072 (100%) |
| Owner Occupied HU | 5,214 (51.8%) |
| Renter Occupied HU | 3,977 (39.5%) |
| Vacant Housing Units | 881 ( 8.7%) |
| Median Home Value | $114,808 |
| Average Home Value | $180,470 |
Housing Distribution
Address Breakdown
Residential
9,483
Single Family
8,964
Multi-Family
519
Businesses
413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices