415 W Waterloo RdAkronOH44314
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 415 W Waterloo Rd, Akron, OH, 44314 priced at $181,000 pairs $1,688/mo rent with $497/mo cash flow after a $886/mo payment. Total monthly income equals $1,688/mo, and annual cash flow comes to $5,968/yr on $60,002 invested. Return on cash invested is 29.85% in year one, and rental yield stands at 11.19% on a $181,000 basis. Equity gained on principal adds $1,168/yr, and 5% annual appreciation accumulates to $50,007 by year five. Five-year ROI measures 156.75% and total cumulative return in cash reaches $94,051. For financing, Ziffy Mortgage’s DSCR program evaluates $1,688/mo property income against a $886/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44314, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,406 (100%) |
| Owner Occupied HU | 4,008 (47.7%) |
| Renter Occupied HU | 3,583 (42.6%) |
| Vacant Housing Units | 815 ( 9.7%) |
| Median Home Value | $87,467 |
| Average Home Value | $148,272 |
Housing Distribution
Address Breakdown
Residential
7,850
Single Family
7,734
Multi-Family
116
Businesses
380
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