864 Hampton Ridge DrAkronOH44313
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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 864 Hampton Ridge Dr, Akron, OH, 44313 offers $2,191/mo rent that, after a $1,187/mo payment, leaves $146/mo cash flow. Total monthly income is $2,191/mo, and annual cash flow is $1,750/yr on $80,389 cash. Return on cash invested measures 22.09% in year one, and rental yield stands at 10.84% at a $242,500 entry. Equity gained on principal adds $1,565/yr while 5% annual appreciation compounds into $66,998 by year five. Five-year ROI records 117.46% and total cumulative return in cash reaches $94,423. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,191/mo property income versus a $1,187/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
$396 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44313, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,928 (100%) |
| Owner Occupied HU | 7,211 (55.8%) |
| Renter Occupied HU | 4,866 (37.6%) |
| Vacant Housing Units | 851 ( 6.6%) |
| Median Home Value | $237,427 |
| Average Home Value | $279,680 |
Housing Distribution
Address Breakdown
Residential
13,241
Single Family
10,331
Multi-Family
2,910
Businesses
497
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Nearby investment properties with comparable prices
Listed by: Mark A Young • EXP Realty, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5083316
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