73 Castle BlvdAkronOH44313
Nearby investment properties with comparable rents
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
Rental property for sale in Akron at 73 Castle Blvd, Akron, OH, 44313 priced at $299,000 converts $2,432/mo rent into $466/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,432/mo, and annual cash flow totals $5,588/yr on $99,119 invested. Return on cash invested prints 25.55% in year one, and rental yield reads 9.76% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 133.58% and total cumulative return in cash sums $132,406. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,432/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1928
9,147 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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