284 Kenilworth DrAkronOH44313
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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
Rental property for sale in Akron at 284 Kenilworth Dr, Akron, OH, 44313 priced at $289,900 converts $1,986/mo rent into $79/mo cash flow after a $1,419/mo obligation. Total monthly income equals $1,986/mo, and annual cash flow totals $948/yr on $96,102 invested. Return on cash invested prints 20.9% in year one, and rental yield reads 8.22% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 108.63% and total cumulative return in cash sums $104,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,986/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1924
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44313, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,928 (100%) |
| Owner Occupied HU | 7,211 (55.8%) |
| Renter Occupied HU | 4,866 (37.6%) |
| Vacant Housing Units | 851 ( 6.6%) |
| Median Home Value | $237,427 |
| Average Home Value | $279,680 |
Housing Distribution
Address Breakdown
Residential
13,241
Single Family
10,331
Multi-Family
2,910
Businesses
497
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