695 Longacre DrAkronOH44319
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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 695 Longacre Dr, Akron, OH, 44319 priced at $517,000 pairs $2,760/mo rent with after a $2,530/mo payment. Total monthly income equals $2,760/mo. Return on cash invested is 15.54% in year one, and rental yield stands at 6.41% on a $517,000 basis. Equity gained on principal adds $3,336/yr, and 5% annual appreciation accumulates to $142,838 by year five. Five-year ROI measures 79.91% and total cumulative return in cash reaches $135,929. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $2,530/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44319, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,424 (100%) |
| Owner Occupied HU | 7,356 (70.6%) |
| Renter Occupied HU | 2,136 (20.5%) |
| Vacant Housing Units | 932 ( 8.9%) |
| Median Home Value | $244,770 |
| Average Home Value | $303,264 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,536
Multi-Family
437
Businesses
782
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