3998 Gardiner RunAkronOH44321
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 3998 Gardiner Run, Akron, OH, 44321 in Akron is narrow, $57/mo net on $2,050/mo rent after the $1,205/mo debt service, but the property operates at break-even-plus, not a loss. At $268,000 with a 9.18% yield, the long-run equity case via 5% appreciation ($74,043 over five years) and $2,468/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.70 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $120,560.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.8% |
| Monthly Cash Flow | $57 | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,050 |
| Total Monthly Debt Service | $1,656 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2010
2,687 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44321, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 5,003 (70.3%) |
| Renter Occupied HU | 1,790 (25.2%) |
| Vacant Housing Units | 322 ( 4.5%) |
| Median Home Value | $354,394 |
| Average Home Value | $372,498 |
Housing Distribution
Address Breakdown
Residential
6,953
Single Family
6,209
Multi-Family
744
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2010
2,687 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44321, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 5,003 (70.3%) |
| Renter Occupied HU | 1,790 (25.2%) |
| Vacant Housing Units | 322 ( 4.5%) |
| Median Home Value | $354,394 |
| Average Home Value | $372,498 |
Housing Distribution
Address Breakdown
Residential
6,953
Single Family
6,209
Multi-Family
744
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices