3738 Random DrCoventry TownshipOH44319
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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 Coventry Township at 3738 Random Dr, Coventry Township, OH, 44319 offers a 5.56% rental yield on a $568,000 purchase with $2,634/mo rent. 98% in year one. Equity gained on principal adds $3,665/yr while 5% annual appreciation supports $156,928 over five years. Portfolio math shows five-year ROI at 66.18% and total cumulative return in cash at $123,669. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,634/mo property income against a $2,780/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
6,568 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44319, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,424 (100%) |
| Owner Occupied HU | 7,356 (70.6%) |
| Renter Occupied HU | 2,136 (20.5%) |
| Vacant Housing Units | 932 ( 8.9%) |
| Median Home Value | $244,770 |
| Average Home Value | $303,264 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,536
Multi-Family
437
Businesses
782
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Listed by: Amanda Carter • The Agency Cleveland Northcoast
Mls Name: MLS Now
Mls ID: #5154311