288 Kenridge RdAkronOH44333
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 288 Kenridge Rd, Akron, OH, 44333 in Akron deserves attention. This $399,999 property earns $3,537/mo in rent, a 10.61% gross yield, and nets $906/mo after the $1,799/mo payment. DSCR 1.97 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $110,512 compounds alongside $3,684/yr in yearly equity build, for a total cumulative return of $210,645.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.8% |
| Monthly Cash Flow | $906 | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,537 |
| Total Monthly Debt Service | $2,472 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Multi Family
Built in 1962
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44333, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,254 (100%) |
| Owner Occupied HU | 6,306 (76.4%) |
| Renter Occupied HU | 1,563 (18.9%) |
| Vacant Housing Units | 385 ( 4.7%) |
| Median Home Value | $390,969 |
| Average Home Value | $457,898 |
Housing Distribution
Address Breakdown
Residential
8,010
Single Family
7,401
Multi-Family
609
Businesses
1,319
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
Multi Family
Built in 1962
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44333, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,254 (100%) |
| Owner Occupied HU | 6,306 (76.4%) |
| Renter Occupied HU | 1,563 (18.9%) |
| Vacant Housing Units | 385 ( 4.7%) |
| Median Home Value | $390,969 |
| Average Home Value | $457,898 |
Housing Distribution
Address Breakdown
Residential
8,010
Single Family
7,401
Multi-Family
609
Businesses
1,319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices