398 Crestview AveAkronOH44320
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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 398 Crestview Ave, Akron, OH, 44320 generates $1,949/mo in rent and, after a $978/mo payment, leaves $635/mo in cash flow. Total monthly income is $1,949/mo, and annual cash flow is $7,614/yr on $66,267 invested. Return on cash invested sits at 31.4% in year one, and rental yield is 11.7% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 165.01% and total cumulative return in cash sums $109,345. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,949/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44320, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,636 (100%) |
| Owner Occupied HU | 4,587 (47.6%) |
| Renter Occupied HU | 4,100 (42.5%) |
| Vacant Housing Units | 949 ( 9.8%) |
| Median Home Value | $131,432 |
| Average Home Value | $168,422 |
Housing Distribution
Address Breakdown
Residential
8,963
Single Family
8,140
Multi-Family
823
Businesses
433
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