642 E Buchtel AveAkronOH44304
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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 642 E Buchtel Ave, Akron, OH, 44304 at $339,000 posts ROI 8.66% with from $1,176/mo rent. Total monthly income equals $1,176/mo. Return on cash invested measures 8.66% and rental yield reads 4.16% at the current $339,000. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 by year five. Five-year ROI prints 43.04% and total cumulative return in cash totals $48,364. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,176/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 2004
9,949 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44304, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,914 (100%) |
| Owner Occupied HU | 210 (11.0%) |
| Renter Occupied HU | 1,297 (67.8%) |
| Vacant Housing Units | 407 (21.3%) |
| Median Home Value | $115,625 |
| Average Home Value | $167,022 |
Housing Distribution
Address Breakdown
Residential
1,678
Single Family
1,012
Multi-Family
666
Businesses
214
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