2490 Pelton AveAkronOH44314
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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 2490 Pelton Ave, Akron, OH, 44314 with 5% annual appreciation on a $129,900 basis while $1,147/mo rent supports operations. Total monthly income totals $1,147/mo and a $636/mo payment preserves $292/mo for cash returns. Annual cash flow comes to $3,508/yr on $43,062 deployed, and return on cash invested reaches 28.06% in year one. Equity gained on principal adds $838/yr, and five-year appreciation sums $35,889 alongside rental yield of 10.6%. Five-year ROI measures 147.13% and total cumulative return in cash totals $63,355.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,147/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
4,948 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
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