2499 Pelton AveAkronOH44314
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2499 Pelton Ave, Akron, OH, 44314 in Akron deserves attention. This $146,900 property earns $1,560/mo in rent, a 12.74% gross yield, and nets $594/mo after the $661/mo payment. DSCR 2.36 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $40,586 compounds alongside $1,353/yr in yearly equity build, for a total cumulative return of $94,150.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.8% |
| Monthly Cash Flow | $594 | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,560 |
| Total Monthly Debt Service | $908 |
| DSCR Ratio | 1.72x |
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.
Single Family
Built in 1926
5,401 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
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
Single Family
Built in 1926
5,401 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