683 Ranney StAkronOH44310
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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 683 Ranney St, Akron, OH, 44310 offers $1,367/mo rent that, after a $660/mo payment, leaves $480/mo cash flow. Total monthly income is $1,367/mo, and annual cash flow is $5,759/yr on $44,719 cash. Return on cash invested measures 32.79% in year one, and rental yield stands at 12.16% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 172.42% and total cumulative return in cash reaches $77,105. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,367/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44310, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,645 (100%) |
| Owner Occupied HU | 4,493 (42.2%) |
| Renter Occupied HU | 5,086 (47.8%) |
| Vacant Housing Units | 1,066 (10.0%) |
| Median Home Value | $105,913 |
| Average Home Value | $168,108 |
Housing Distribution
Address Breakdown
Residential
9,938
Single Family
8,526
Multi-Family
1,412
Businesses
768
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