2424 Hennetta AveAkronOH44320
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 2424 Hennetta Ave, Akron, OH, 44320 offers $1,008/mo rent that, after a $631/mo payment, leaves $148/mo cash flow. Total monthly income is $1,008/mo, and annual cash flow is $1,780/yr on $42,730 cash. Return on cash invested measures 24.07% in year one, and rental yield stands at 9.38% at a $128,900 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,613 by year five. Five-year ROI records 125.91% and total cumulative return in cash reaches $53,801. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,008/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
9,779 sqft lot
$N/A/sqft
No 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: John Traina • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5113607
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