375 E Glenwood AveAkronOH44310
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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 375 E Glenwood Ave, Akron, OH, 44310 earns $352/mo cash flow from $1,500/mo rent with a $854/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $4,227/yr on $57,847 capital. ROI tracks 27.22% on current figures, and rental yield reads 10.32% at a $174,500 purchase. Equity gained on principal adds $1,126/yr, and 5% annual appreciation supports $48,211 over five years. Five-year ROI reaches 142.59% and total cumulative return in cash sums $82,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1965
5,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44310, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,645 (100%) |
| Owner Occupied HU | 4,493 (42.2%) |
| Renter Occupied HU | 5,086 (47.8%) |
| Vacant Housing Units | 1,066 (10.0%) |
| Median Home Value | $105,913 |
| Average Home Value | $168,108 |
Housing Distribution
Address Breakdown
Residential
9,938
Single Family
8,526
Multi-Family
1,412
Businesses
768
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