255 N Portage PathAkronOH44303
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow255 N Portage Path, Akron, OH, 44303 in Akron carries a 1.95 coverage ratio, rent of $1,667/mo is 1.95 times the $854/mo payment. Rental yield 10.53%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $190,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $52,494; total projected cumulative return: $69,819.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.8% |
| Monthly Cash Flow | $(74) | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,667 |
| Total Monthly Debt Service | $1,665 |
| DSCR Ratio | 1.00x |
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.
Condo
Built in 1964
1,572 sqft lot
$N/A/sqft
$491 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44303, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,049 (53.7%) |
| Renter Occupied HU | 1,380 (36.1%) |
| Vacant Housing Units | 389 (10.2%) |
| Median Home Value | $277,930 |
| Average Home Value | $312,321 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
2,610
Multi-Family
1,184
Businesses
212
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
Condo
Built in 1964
1,572 sqft lot
$N/A/sqft
$491 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44303, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,049 (53.7%) |
| Renter Occupied HU | 1,380 (36.1%) |
| Vacant Housing Units | 389 (10.2%) |
| Median Home Value | $277,930 |
| Average Home Value | $312,321 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
2,610
Multi-Family
1,184
Businesses
212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices