2301 East AveAkronOH44314
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
Investment property for sale in Akron at 2301 East Ave, Akron, OH, 44314 earns $109/mo cash flow from $829/mo rent with a $536/mo payment. Total monthly income totals $829/mo, and annual cash flow totals $1,304/yr on $36,299 capital. ROI tracks 23.5% on current figures, and rental yield reads 9.08% at a $109,500 purchase. Equity gained on principal adds $707/yr, and 5% annual appreciation supports $30,253 over five years. Five-year ROI reaches 122.64% and total cumulative return in cash sums $44,519. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $829/mo property income instead of your personal income.
Single Family
Built in 1904
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44314, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,406 (100%) |
| Owner Occupied HU | 4,008 (47.7%) |
| Renter Occupied HU | 3,583 (42.6%) |
| Vacant Housing Units | 815 ( 9.7%) |
| Median Home Value | $87,467 |
| Average Home Value | $148,272 |
Housing Distribution
Address Breakdown
Residential
7,850
Single Family
7,734
Multi-Family
116
Businesses
380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices