21 Furnace St UNIT 801AkronOH44308
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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 21 Furnace St UNIT 801, Akron, OH, 44308 earns from $1,312/mo rent with a $2,078/mo payment. Total monthly income totals $1,312/mo. ROI tracks 7.28% on current figures, and rental yield reads 3.71% at a $424,500 purchase. Equity gained on principal adds $2,739/yr, and 5% annual appreciation supports $117,282 over five years. Five-year ROI reaches 35.66% and total cumulative return in cash sums $50,188. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,312/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44308, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 8 ( 1.3%) |
| Renter Occupied HU | 520 (83.9%) |
| Vacant Housing Units | 92 (14.8%) |
| Median Home Value | $56,667 |
| Average Home Value | $110,313 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
81
Multi-Family
457
Businesses
579
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