412 Stevenson AveAkronOH44312
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
Investment Highlights
Rental property for sale in Akron at 412 Stevenson Ave, Akron, OH, 44312 offers $1,674/mo rent that, after a $1,164/mo payment, leaves $110/mo cash flow. Total monthly income is $1,674/mo, and annual cash flow is $1,314/yr on $78,864 cash. Return on cash invested measures 21.58% in year one, and rental yield stands at 8.44% at a $237,900 entry. Equity gained on principal adds $1,535/yr while 5% annual appreciation compounds into $65,727 by year five. Five-year ROI records 112.31% and total cumulative return in cash reaches $88,575. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,674/mo property income versus a $1,164/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
3,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44312, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,687 (100%) |
| Owner Occupied HU | 9,872 (67.2%) |
| Renter Occupied HU | 3,830 (26.1%) |
| Vacant Housing Units | 985 ( 6.7%) |
| Median Home Value | $167,255 |
| Average Home Value | $203,409 |
Housing Distribution
Address Breakdown
Residential
14,417
Single Family
13,884
Multi-Family
533
Businesses
854
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