291 Selden AveAkronOH44301
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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 291 Selden Ave, Akron, OH, 44301 priced at $199,900 converts $1,524/mo rent into $210/mo cash flow after a $978/mo obligation. Total monthly income equals $1,524/mo, and annual cash flow totals $2,514/yr on $66,267 invested. Return on cash invested prints 23.7% in year one, and rental yield reads 9.15% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 123.74% and total cumulative return in cash sums $81,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,524/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1928
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44301, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 3,494 (52.9%) |
| Renter Occupied HU | 2,370 (35.9%) |
| Vacant Housing Units | 738 (11.2%) |
| Median Home Value | $102,210 |
| Average Home Value | $146,156 |
Housing Distribution
Address Breakdown
Residential
6,147
Single Family
6,017
Multi-Family
130
Businesses
302
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