824 Austin Ave, Akron, OH, 44306 | $141/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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824 Austin Ave, Akron, OH, 44306 | $141/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Akron at 824 Austin Ave, Akron, OH, 44306 offers $996/mo rent that, after a $636/mo payment, leaves $141/mo cash flow. Total monthly income is $996/mo, and annual cash flow is $1,696/yr on $43,062 cash. Return on cash invested measures 23.85% in year one, and rental yield stands at 9.2% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 124.55% and total cumulative return in cash reaches $53,635. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $996/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1944

4,499 sqft lot

$N/A/sqft

No HOA

More details about the property

Some homes make you slow down the scroll because they just feel right. 824 Austin Ave is one of those. A classic Cape Cod with easy comfort and everything refreshed. Step inside to bright rooms wrapped in soft new carpet and durable LVP that ties the home together. Fresh paint throughout gives each space a clean calm backdrop ready for your style. The kitchen brings a modern touch with updated finishes and a layout that just works. The bathroom has been completely redone with a fresh timeless. Every update feels intentional simple and done for the long haul. The basement has been waterproofed the AC is brand new and the work that matters most has already been handled. You can move right in without a list of projects waiting. Out back a sunny bonus room adds a quiet pause to the day morning coffee a good book or just a spot to unwind. Its the kind of extra space that makes life feel a little lighter. This home doesnt try too hard and thats exactly what makes it special. Clean lines easy colors comfortable flow all tied together with care. 824 Austin Ave is move-in ready well-done and waiting for someone who simply wants a place that feels right from the start.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44306, Akron, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,990 (100%)
Owner Occupied HU	3,826 (38.3%)
Renter Occupied HU	5,017 (50.2%)
Vacant Housing Units	1,147 (11.5%)
Median Home Value	$94,541
Average Home Value	$144,323