1699 Sunset AveAkronOH44301
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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 1699 Sunset Ave, Akron, OH, 44301 generates $1,559/mo in rent and, after a $535/mo payment, leaves $748/mo in cash flow. Total monthly income is $1,559/mo, and annual cash flow is $8,976/yr on $36,266 invested. Return on cash invested sits at 44.66% in year one, and rental yield is 17.1% on a $109,400 entry. Equity gained on principal adds $706/yr, while 5% annual appreciation builds toward $30,225 over five years. Five-year ROI reaches 237.32% and total cumulative return in cash sums $86,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,559/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44301, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 3,494 (52.9%) |
| Renter Occupied HU | 2,370 (35.9%) |
| Vacant Housing Units | 738 (11.2%) |
| Median Home Value | $102,210 |
| Average Home Value | $146,156 |
Housing Distribution
Address Breakdown
Residential
6,147
Single Family
6,017
Multi-Family
130
Businesses
302
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