652 N Hawkins AveAkronOH44313
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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 Akron at 652 N Hawkins Ave, Akron, OH, 44313 offers $1,426/mo rent that, after a $854/mo payment, leaves $252/mo cash flow. Total monthly income is $1,426/mo, and annual cash flow is $3,018/yr on $57,847 cash. Return on cash invested measures 25.13% in year one, and rental yield stands at 9.81% at a $174,500 entry. Equity gained on principal adds $1,126/yr while 5% annual appreciation compounds into $48,211 by year five. Five-year ROI records 131.57% and total cumulative return in cash reaches $76,110. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,426/mo property income versus a $854/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44313, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,928 (100%) |
| Owner Occupied HU | 7,211 (55.8%) |
| Renter Occupied HU | 4,866 (37.6%) |
| Vacant Housing Units | 851 ( 6.6%) |
| Median Home Value | $237,427 |
| Average Home Value | $279,680 |
Housing Distribution
Address Breakdown
Residential
13,241
Single Family
10,331
Multi-Family
2,910
Businesses
497
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