640 Plainfield 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 640 Plainfield Rd, Akron, OH, 44312 at $130,000 posts ROI 29.35% with $339/mo cash flow from $1,194/mo rent. Total monthly income equals $1,194/mo, and annual cash flow records $4,070/yr on $43,095 to close. Return on cash invested measures 29.35% and rental yield reads 11.02% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 154.1% and total cumulative return in cash totals $66,411.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,194/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
6,390 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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