1925 Northgate CirAkronOH44320
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
Rental property for sale in Akron at 1925 Northgate Cir, Akron, OH, 44320 priced at $239,900 pairs $1,855/mo rent with $227/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,855/mo, and annual cash flow comes to $2,727/yr on $79,527 invested. Return on cash invested is 23.34% in year one, and rental yield stands at 9.28% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 122.07% and total cumulative return in cash reaches $97,075. For financing, Ziffy Mortgage’s DSCR program evaluates $1,855/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
9,600 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44320, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,636 (100%) |
| Owner Occupied HU | 4,587 (47.6%) |
| Renter Occupied HU | 4,100 (42.5%) |
| Vacant Housing Units | 949 ( 9.8%) |
| Median Home Value | $131,432 |
| Average Home Value | $168,422 |
Housing Distribution
Address Breakdown
Residential
8,963
Single Family
8,140
Multi-Family
823
Businesses
433
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Nearby investment properties with comparable prices
Listed by: Alison M Baranek • Berkshire Hathaway HomeServices Stouffer Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5116548
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