14 Sylvan PkwyAkronNY14001
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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 14 Sylvan Pkwy, Akron, NY, 14001 priced at $239,000 converts $1,320/mo rent into after a $1,170/mo obligation. Total monthly income equals $1,320/mo. Return on cash invested prints 15.73% in year one, and rental yield reads 6.63% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 81.06% and total cumulative return in cash sums $64,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1952
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14001, Akron, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,839 (100%) |
| Owner Occupied HU | 3,369 (69.6%) |
| Renter Occupied HU | 880 (18.2%) |
| Vacant Housing Units | 590 (12.2%) |
| Median Home Value | $310,719 |
| Average Home Value | $334,648 |
Housing Distribution
Address Breakdown
Residential
4,373
Single Family
4,235
Multi-Family
138
Businesses
253
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