847 N Firestone BlvdAkronOH44306
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
Investment Highlights
Rental property for sale in Akron at 847 N Firestone Blvd, Akron, OH, 44306 priced at $115,000 pairs $898/mo rent with $141/mo cash flow after a $563/mo payment. Total monthly income equals $898/mo, and annual cash flow comes to $1,697/yr on $38,123 invested. Return on cash invested is 24.36% in year one, and rental yield stands at 9.37% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 127.29% and total cumulative return in cash reaches $48,525. For financing, Ziffy Mortgage’s DSCR program evaluates $898/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
4,900 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,944
Single Family
8,590
Multi-Family
354
Businesses
579
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Nearby investment properties with comparable prices
Listed by: Caitlin Tasker • Real of Ohio
Mls Name: MLS Now
Mls Provider:
Mls ID: #5109630
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