4698 Manchester RdAkronOH44319
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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
Investment property for sale in Akron at 4698 Manchester Rd, Akron, OH, 44319 offers a 8.84% rental yield on a $374,500 purchase with $2,760/mo rent. Total monthly income registers $2,760/mo, and a $1,833/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,559/yr on $124,147 to close, and return on cash invested stands at 22.78% in year one. Equity gained on principal adds $2,417/yr while 5% annual appreciation supports $103,467 over five years. Portfolio math shows five-year ROI at 118.74% and total cumulative return in cash at $147,410. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $1,833/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44319, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,424 (100%) |
| Owner Occupied HU | 7,356 (70.6%) |
| Renter Occupied HU | 2,136 (20.5%) |
| Vacant Housing Units | 932 ( 8.9%) |
| Median Home Value | $244,770 |
| Average Home Value | $303,264 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,536
Multi-Family
437
Businesses
782
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