822 Kirkwall DrAkronOH44321
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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 822 Kirkwall Dr, Akron, OH, 44321 priced at $134,900 converts $1,063/mo rent into after a $660/mo obligation. Total monthly income equals $1,063/mo. Return on cash invested prints 15.99% in year one, and rental yield reads 9.46% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 85.48% and total cumulative return in cash sums $38,225. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,063/mo property income covering a $660/mo payment, not borrower’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$322 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44321, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,115 (100%) |
| Owner Occupied HU | 5,003 (70.3%) |
| Renter Occupied HU | 1,790 (25.2%) |
| Vacant Housing Units | 322 ( 4.5%) |
| Median Home Value | $354,394 |
| Average Home Value | $372,498 |
Housing Distribution
Address Breakdown
Residential
6,953
Single Family
6,209
Multi-Family
744
Businesses
372
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Nearby investment properties with comparable prices
Listed by: Shawna Ellis • EXP Realty, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5114009
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