67 Quaker Ridge DrAkronOH44313
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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 67 Quaker Ridge Dr, Akron, OH, 44313 uses $54,366 cash to close to unlock $6,551/yr annual cash flow and $546/mo monthly cash flow. Total monthly income runs $1,625/mo, and a $803/mo payment keeps the spread at $546/mo. Purchase price stands at $164,000, and rental yield measures 11.89% with $1,625/mo rent. Return on cash invested shows 31.96% in year one, and 5% annual appreciation builds toward $45,310 over five years. Five-year ROI reaches 167.99% and total cumulative return in cash records $91,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,625/mo property income covering a $803/mo payment rather than investor’s personal income.
Condo
Built in 1985
1,154 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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