275 N Portage Path APT 5FAkronOH44303
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 275 N Portage Path APT 5F, Akron, OH, 44303 in Akron achieves a 2.19 ratio at $128,000: $1,260/mo rent versus $576/mo debt service. Rental yield 11.81%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 11.81% yield compounds alongside 5% annual appreciation projecting $35,364 in value. Total projected cumulative return: $19,556.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.8% |
| Monthly Cash Flow | $(517) | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,260 |
| Total Monthly Debt Service | $1,726 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1959
1,332 sqft lot
$N/A/sqft
$893 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 1959
1,332 sqft lot
$N/A/sqft
$893 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