221 S Portage PathAkronOH44302
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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 221 S Portage Path, Akron, OH, 44302 earns $107/mo cash flow from $814/mo rent with a $526/mo payment. Total monthly income totals $814/mo, and annual cash flow totals $1,284/yr on $35,636 capital. ROI tracks 23.51% on current figures, and rental yield reads 9.09% at a $107,500 purchase. Equity gained on principal adds $694/yr, and 5% annual appreciation supports $29,700 over five years. Five-year ROI reaches 122.79% and total cumulative return in cash sums $43,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $814/mo property income instead of your personal income.
Single Family
Built in 1914
2,609 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44302, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,076 (100%) |
| Owner Occupied HU | 872 (28.3%) |
| Renter Occupied HU | 1,833 (59.6%) |
| Vacant Housing Units | 371 (12.1%) |
| Median Home Value | $115,021 |
| Average Home Value | $171,413 |
Housing Distribution
Address Breakdown
Residential
2,530
Single Family
1,936
Multi-Family
594
Businesses
170
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