2645 Hayne RdAkronOH44312
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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 2645 Hayne Rd, Akron, OH, 44312 uses $33,150 cash to close to unlock $7,400/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $489/mo payment keeps the spread at $617/mo. Purchase price stands at $100,000, and rental yield measures 15.7% with $1,308/mo rent. Return on cash invested shows 42.23% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 223.54% and total cumulative return in cash records $74,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1957
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44312, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,687 (100%) |
| Owner Occupied HU | 9,872 (67.2%) |
| Renter Occupied HU | 3,830 (26.1%) |
| Vacant Housing Units | 985 ( 6.7%) |
| Median Home Value | $167,255 |
| Average Home Value | $203,409 |
Housing Distribution
Address Breakdown
Residential
14,417
Single Family
13,884
Multi-Family
533
Businesses
854
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Listed by: Aaron Gobble • Real of Ohio
Mls Name: MLS Now
Mls Provider:
Mls ID: #5157444
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