877 Hammel StAkronOH44306
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 877 Hammel St, Akron, OH, 44306 in Akron at $130,000 earns $1,022/mo in rent and nets $167/mo after the $585/mo payment, a 9.43% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $35,917 over five years. Ziffy Mortgage underwrites this on a 1.75 DSCR without U.S. credit history. With $1,197/yr in principal paydown, total projected return reaches $60,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.8% |
| Monthly Cash Flow | $167 | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,022 |
| Total Monthly Debt Service | $803 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1924
4,068 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
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
Single Family
Built in 1924
4,068 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices