4572 Litchfield DrAkronOH44321
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 4572 Litchfield Dr, Akron, OH, 44321 generates $3,240/mo in rent, after a $2,413/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 19.28% in year one, and rental yield is 7.89% on a $492,900 entry. Equity gained on principal adds $3,181/yr, while 5% annual appreciation builds toward $136,179 over five years. Five-year ROI reaches 100.17% and total cumulative return in cash sums $163,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
$550 annually 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
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Nearby investment properties with comparable prices
Listed by: Amanda Carter • The Agency Cleveland Northcoast
Mls Name: MLS Now
Mls Provider:
Mls ID: #5109960
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