316 S 9th StAkronPA17501
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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 316 S 9th St, Akron, PA, 17501 offers a 8.44% rental yield on a $349,900 purchase with $2,460/mo rent. Total monthly income registers $2,460/mo, and a $1,713/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,001/yr on $115,992 to close, and return on cash invested stands at 21.63% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 112.57% and total cumulative return in cash at $130,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17501, Akron, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,332 (64.6%) |
| Renter Occupied HU | 686 (33.3%) |
| Vacant Housing Units | 44 ( 2.1%) |
| Median Home Value | $280,298 |
| Average Home Value | $331,075 |
Housing Distribution
Address Breakdown
Residential
1,974
Single Family
1,965
Multi-Family
9
Businesses
151
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Listed by: Kendra Rhinier • RE/MAX SmartHub Realty
Mls Name: Bright MLS
Mls ID: #PALA2069784