21 Furnace St Unit 806AkronOH44308
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 21 Furnace St Unit 806, Akron, OH, 44308 in Akron. Rental yield 7.76%. The 1.44 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $143,639 and $4,788/yr in principal reduction project total return of $194,158.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.8% |
| Monthly Cash Flow | $(600) | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,360 |
| Total Monthly Debt Service | $3,213 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2016
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
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
Condo
Built in 2016
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices