383 Aqueduct StAkronOH44303
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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
Rental property for sale in Akron at 383 Aqueduct St, Akron, OH, 44303 generates $938/mo in rent and, after a $587/mo payment, leaves $149/mo in cash flow. Total monthly income is $938/mo, and annual cash flow is $1,790/yr on $39,747 invested. Return on cash invested sits at 24.41% in year one, and rental yield is 9.39% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 127.62% and total cumulative return in cash sums $50,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $938/mo property income rather than buyer’s personal income.
Single Family
Built in 1897
8,494 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44303, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,049 (53.7%) |
| Renter Occupied HU | 1,380 (36.1%) |
| Vacant Housing Units | 389 (10.2%) |
| Median Home Value | $277,930 |
| Average Home Value | $312,321 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
2,610
Multi-Family
1,184
Businesses
212
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