580 Highlands DrAkronOH44333
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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 580 Highlands Dr, Akron, OH, 44333 listed at $600,000 pairs $5,911/mo rent with a $2,937/mo payment to leave $1,869/mo cash flow. Total monthly income runs $5,911/mo, and annual cash flow reaches $22,422/yr on $197,400 cash to close. Return on cash invested measures 31.42% in year one, and rental yield registers 11.82% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 165.26% and total cumulative return in cash totals $326,232. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,911/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44333, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,254 (100%) |
| Owner Occupied HU | 6,306 (76.4%) |
| Renter Occupied HU | 1,563 (18.9%) |
| Vacant Housing Units | 385 ( 4.7%) |
| Median Home Value | $390,969 |
| Average Home Value | $457,898 |
Housing Distribution
Address Breakdown
Residential
8,010
Single Family
7,401
Multi-Family
609
Businesses
1,319
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