286 Alhambra WayAkronOH44302
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
Investment Highlights
Rental property for sale in Akron at 286 Alhambra Way, Akron, OH, 44302 offers $1,082/mo rent that, after a $685/mo payment, leaves $161/mo cash flow. Total monthly income is $1,082/mo, and annual cash flow is $1,936/yr on $46,410 cash. Return on cash invested measures 24.08% in year one, and rental yield stands at 9.27% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 125.81% and total cumulative return in cash reaches $58,390. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,082/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3,589 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44302, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,076 (100%) |
| Owner Occupied HU | 872 (28.3%) |
| Renter Occupied HU | 1,833 (59.6%) |
| Vacant Housing Units | 371 (12.1%) |
| Median Home Value | $115,021 |
| Average Home Value | $171,413 |
Housing Distribution
Address Breakdown
Residential
2,530
Single Family
1,936
Multi-Family
594
Businesses
170
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