597 Hillman RdAkronOH44312
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
Investment Highlights
Investment property for sale in Akron at 597 Hillman Rd, Akron, OH, 44312 at $168,500 posts ROI 32.05% with $565/mo cash flow from $1,674/mo rent. Total monthly income equals $1,674/mo, and annual cash flow records $6,784/yr on $55,858 to close. Return on cash invested measures 32.05% and rental yield reads 11.92% at the current $168,500. Equity gained on principal adds $1,087/yr, and 5% annual appreciation supports $46,553 by year five. Five-year ROI prints 168.55% and total cumulative return in cash totals $94,146.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,674/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44312, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,687 (100%) |
| Owner Occupied HU | 9,872 (67.2%) |
| Renter Occupied HU | 3,830 (26.1%) |
| Vacant Housing Units | 985 ( 6.7%) |
| Median Home Value | $167,255 |
| Average Home Value | $203,409 |
Housing Distribution
Address Breakdown
Residential
14,417
Single Family
13,884
Multi-Family
533
Businesses
854
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Nearby investment properties with comparable prices