646 Allyn StAkronOH44311
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 646 Allyn St, Akron, OH, 44311 offers a 11.53% rental yield on a $115,000 purchase with $1,105/mo rent. Total monthly income registers $1,105/mo, and a $563/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,181/yr on $38,123 to close, and return on cash invested stands at 30.88% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 162.26% and total cumulative return in cash at $61,857. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,105/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
8,694 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44311, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,468 (100%) |
| Owner Occupied HU | 653 (18.8%) |
| Renter Occupied HU | 2,200 (63.4%) |
| Vacant Housing Units | 615 (17.7%) |
| Median Home Value | $89,342 |
| Average Home Value | $137,550 |
Housing Distribution
Address Breakdown
Residential
2,820
Single Family
2,279
Multi-Family
541
Businesses
420
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Nearby investment properties with comparable prices
Listed by: Charles D Medalie • ListWithFreedom.com Inc.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5070311
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