584 Apple DrCoventry TownshipOH44319
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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 Coventry Township at 584 Apple Dr, Coventry Township, OH, 44319 priced at $400,000 converts $2,160/mo rent into after a $1,958/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 15.64% in year one, and rental yield reads 6.48% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 80.49% and total cumulative return in cash sums $106,732. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1919
0.64 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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Listed by: Sharon Fletcher • Keller Williams Elevate
Mls Name: MLS Now
Mls ID: #5176012