71 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 71 Quaker Ridge Dr, Akron, OH, 44313 with 5% annual appreciation on a $175,000 basis while $1,835/mo rent supports operations. Total monthly income totals $1,835/mo and a $857/mo payment preserves $487/mo for cash returns. Annual cash flow comes to $5,849/yr on $58,013 deployed, and return on cash invested reaches 29.99% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 12.58%. Five-year ROI measures 158.94% and total cumulative return in cash totals $92,203.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,835/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1985
1,154 sqft lot
$N/A/sqft
$196 monthly 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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Listed by: Daniel Beirne • Opendoor Brokerage LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5071275
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