820 Buckeye DrAkronOH44303
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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 820 Buckeye Dr, Akron, OH, 44303 uses $94,478 cash to close to unlock $819/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $2,078/mo, and a $1,395/mo payment keeps the spread at $68/mo. Purchase price stands at $285,000, and rental yield measures 8.75% with $2,078/mo rent. Return on cash invested shows 20.78% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 108.67% and total cumulative return in cash records $102,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,078/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
2,482 sqft lot
$N/A/sqft
$135 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44303, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,049 (53.7%) |
| Renter Occupied HU | 1,380 (36.1%) |
| Vacant Housing Units | 389 (10.2%) |
| Median Home Value | $277,930 |
| Average Home Value | $312,321 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
2,610
Multi-Family
1,184
Businesses
212
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Listed by: Nikki M Fanizzi • RE/MAX Trends Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5115274
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