472 Spicer StAkronOH44311
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 472 Spicer St, Akron, OH, 44311 in Akron speaks for itself: 17.53% gross on a $110,900 price, generating $1,620/mo in rent and $853/mo in net income after the $499/mo debt service. DSCR 3.25, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,235 stacks alongside $30,640 in projected five-year appreciation and $1,021/yr in principal reduction. Projected total cumulative return: $97,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.5% | 6.8% |
| Monthly Cash Flow | $853 | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,620 |
| Total Monthly Debt Service | $723 |
| DSCR Ratio | 2.24x |
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.
Multi Family
Built in 1904
4,329 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44311, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,468 (100%) |
| Owner Occupied HU | 653 (18.8%) |
| Renter Occupied HU | 2,200 (63.4%) |
| Vacant Housing Units | 615 (17.7%) |
| Median Home Value | $89,342 |
| Average Home Value | $137,550 |
Housing Distribution
Address Breakdown
Residential
2,820
Single Family
2,279
Multi-Family
541
Businesses
420
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
Multi Family
Built in 1904
4,329 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44311, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,468 (100%) |
| Owner Occupied HU | 653 (18.8%) |
| Renter Occupied HU | 2,200 (63.4%) |
| Vacant Housing Units | 615 (17.7%) |
| Median Home Value | $89,342 |
| Average Home Value | $137,550 |
Housing Distribution
Address Breakdown
Residential
2,820
Single Family
2,279
Multi-Family
541
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices