184 Owosso AveAkronOH44333
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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 184 Owosso Ave, Akron, OH, 44333 priced at $210,000 converts $2,053/mo rent into $672/mo cash flow after a $1,028/mo obligation. Total monthly income equals $2,053/mo, and annual cash flow totals $8,058/yr on $69,615 invested. Return on cash invested prints 31.48% in year one, and rental yield reads 11.73% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 165.45% and total cumulative return in cash sums $115,180. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,053/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1959
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44333, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,254 (100%) |
| Owner Occupied HU | 6,306 (76.4%) |
| Renter Occupied HU | 1,563 (18.9%) |
| Vacant Housing Units | 385 ( 4.7%) |
| Median Home Value | $390,969 |
| Average Home Value | $457,898 |
Housing Distribution
Address Breakdown
Residential
8,010
Single Family
7,401
Multi-Family
609
Businesses
1,319
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