74 Vesper 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 74 Vesper St, Akron, OH, 44310 priced at $140,000 converts $1,103/mo rent into $182/mo cash flow after a $685/mo obligation. Total monthly income equals $1,103/mo, and annual cash flow totals $2,188/yr on $46,410 invested. Return on cash invested prints 24.62% in year one, and rental yield reads 9.45% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 128.74% and total cumulative return in cash sums $59,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,103/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1950
8,398 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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