275 N Portage Path APT 6CAkronOH44303
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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 275 N Portage Path APT 6C, Akron, OH, 44303 at $130,000 posts ROI 5.82% with from $1,260/mo rent. Total monthly income equals $1,260/mo. Return on cash invested measures 5.82% and rental yield reads 11.63% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 37.12% and total cumulative return in cash totals $15,999. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,260/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1959
1,332 sqft lot
$N/A/sqft
$904 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
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