519 S Medina Line RdAkronOH44321
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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
Rental property for sale in Akron at 519 S Medina Line Rd, Akron, OH, 44321 priced at $315,000 pairs $2,260/mo rent with $128/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,260/mo, and annual cash flow comes to $1,541/yr on $104,423 invested. Return on cash invested is 21.38% in year one, and rental yield stands at 8.61% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 111.53% and total cumulative return in cash reaches $116,465. For financing, Ziffy Mortgage’s DSCR program evaluates $2,260/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
1.08 Acres lot
$N/A/sqft
No 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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