706 Griffith RdAkronOH44312
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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 706 Griffith Rd, Akron, OH, 44312 at $124,870 posts ROI 59.55% with $1,368/mo cash flow from $2,251/mo rent. Total monthly income equals $2,251/mo, and annual cash flow records $16,411/yr on $41,394 to close. Return on cash invested measures 59.55% and rental yield reads 21.63% at the current $124,870. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,499 by year five. Five-year ROI prints 316.65% and total cumulative return in cash totals $131,076.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,251/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44312, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,687 (100%) |
| Owner Occupied HU | 9,872 (67.2%) |
| Renter Occupied HU | 3,830 (26.1%) |
| Vacant Housing Units | 985 ( 6.7%) |
| Median Home Value | $167,255 |
| Average Home Value | $203,409 |
Housing Distribution
Address Breakdown
Residential
14,417
Single Family
13,884
Multi-Family
533
Businesses
854
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