560 Massillon RdAkronOH44306
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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 560 Massillon Rd, Akron, OH, 44306 with 5% annual appreciation on a $123,000 basis while $967/mo rent supports operations. Total monthly income totals $967/mo and a $602/mo payment preserves $158/mo for cash returns. Annual cash flow comes to $1,895/yr on $40,775 deployed, and return on cash invested reaches 24.56% in year one. Equity gained on principal adds $794/yr, and five-year appreciation sums $33,983 alongside rental yield of 9.43%. Five-year ROI measures 128.29% and total cumulative return in cash totals $52,309.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $967/mo property income versus a $602/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44306, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,990 (100%) |
| Owner Occupied HU | 3,826 (38.3%) |
| Renter Occupied HU | 5,017 (50.2%) |
| Vacant Housing Units | 1,147 (11.5%) |
| Median Home Value | $94,541 |
| Average Home Value | $144,323 |
Housing Distribution
Address Breakdown
Residential
8,944
Single Family
8,590
Multi-Family
354
Businesses
579
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