157 Henry StAkronOH44305
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 157 Henry St, Akron, OH, 44305 uses $41,438 cash to close to unlock $2,071/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $995/mo, and a $612/mo payment keeps the spread at $173/mo. Purchase price stands at $125,000, and rental yield measures 9.55% with $995/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 130.21% and total cumulative return in cash records $53,957. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $995/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1914
3,998 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