1393 Honodle AveAkronOH44305
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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 1393 Honodle Ave, Akron, OH, 44305 earns $331/mo cash flow from $1,457/mo rent with a $838/mo payment. Total monthly income totals $1,457/mo, and annual cash flow totals $3,968/yr on $56,786 capital. ROI tracks 26.9% on current figures, and rental yield reads 10.21% at a $171,300 purchase. Equity gained on principal adds $1,105/yr, and 5% annual appreciation supports $47,327 over five years. Five-year ROI reaches 140.84% and total cumulative return in cash sums $79,977. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,457/mo property income instead of your personal income.
Single Family
Built in 1923
4,321 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
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