146 Conger AveAkronOH44303
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 146 Conger Ave, Akron, OH, 44303 offers a 13.57% rental yield on a $239,900 purchase with $2,712/mo rent. Total monthly income registers $2,712/mo, and a $1,174/mo payment leaves $959/mo available for distribution. Annual cash flow reaches $11,508/yr on $79,527 to close, and return on cash invested stands at 34.38% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 181.97% and total cumulative return in cash at $144,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,712/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44303, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,049 (53.7%) |
| Renter Occupied HU | 1,380 (36.1%) |
| Vacant Housing Units | 389 (10.2%) |
| Median Home Value | $277,930 |
| Average Home Value | $312,321 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
2,610
Multi-Family
1,184
Businesses
212
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Nearby investment properties with comparable prices
Listed by: Michael Kaim • Real of Ohio
Mls Name: MLS Now
Mls Provider:
Mls ID: #5077608
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