306 E Rochester StAkronIN46910
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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 306 E Rochester St, Akron, IN, 46910 earns $497/mo cash flow from $1,512/mo rent with a $759/mo payment. Total monthly income totals $1,512/mo, and annual cash flow totals $5,959/yr on $51,383 capital. ROI tracks 31.51% on current figures, and rental yield reads 11.71% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 165.54% and total cumulative return in cash sums $85,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,512/mo property income instead of your personal income.
Single Family
Built in 1925
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46910, Akron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,402 (100%) |
| Owner Occupied HU | 1,020 (72.8%) |
| Renter Occupied HU | 223 (15.9%) |
| Vacant Housing Units | 159 (11.3%) |
| Median Home Value | $223,214 |
| Average Home Value | $218,537 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,022
Multi-Family
16
Businesses
68
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Listed by: Brian Peterson • Brian Peterson Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530665
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.