1787 & 1789 Tanglewood DrAkronOH44313
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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 1787 & 1789 Tanglewood Dr, Akron, OH, 44313 uses $60,850 cash to close to unlock $4,851/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $1,727/mo, and a $898/mo payment keeps the spread at $404/mo. Purchase price stands at $183,560, and rental yield measures 11.29% with $1,727/mo rent. Return on cash invested shows 27.88% in year one, and 5% annual appreciation builds toward $50,714 over five years. Five-year ROI reaches 146.99% and total cumulative return in cash records $89,442. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,727/mo property income covering a $898/mo payment rather than investor’s personal income.
Multi Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44313, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,928 (100%) |
| Owner Occupied HU | 7,211 (55.8%) |
| Renter Occupied HU | 4,866 (37.6%) |
| Vacant Housing Units | 851 ( 6.6%) |
| Median Home Value | $237,427 |
| Average Home Value | $279,680 |
Housing Distribution
Address Breakdown
Residential
13,241
Single Family
10,331
Multi-Family
2,910
Businesses
497
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