321 Ormsby RdAkronOH44333
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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 321 Ormsby Rd, Akron, OH, 44333 with 5% annual appreciation on a $349,900 basis while $2,326/mo rent supports operations. Total monthly income totals $2,326/mo and a $1,713/mo payment preserves $24/mo for cash returns. Annual cash flow comes to $288/yr on $115,992 deployed, and return on cash invested reaches 20.16% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 7.98%. Five-year ROI measures 104.67% and total cumulative return in cash totals $121,410.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,326/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
0.35 Acres 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
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