778 Jolson AveAkronOH44319
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 778 Jolson Ave, Akron, OH, 44319 in Akron at $359,000, 5.67% gross yield, is a market-growth asset. Rental yield 5.67%. The $1,696/mo rent partially funds the $1,614/mo debt service; the core return is the 5%/yr price growth projected to add $99,185 over five years. Ziffy Mortgage's DSCR mortgage (1.05) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $93,934.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.8% |
| Monthly Cash Flow | $(666) | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,696 |
| Total Monthly Debt Service | $2,219 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
0.42 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
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
Single Family
Built in 1940
0.42 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices