9 Mill StAkronNY14001
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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 9 Mill St, Akron, NY, 14001 priced at $159,900 pairs $2,045/mo rent with $977/mo cash flow after a $783/mo payment. Total monthly income equals $2,045/mo, and annual cash flow comes to $11,722/yr on $53,007 invested. Return on cash invested is 42.02% in year one, and rental yield stands at 15.35% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 222.1% and total cumulative return in cash reaches $117,726. For financing, Ziffy Mortgage’s DSCR program evaluates $2,045/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1876
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14001, Akron, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,839 (100%) |
| Owner Occupied HU | 3,369 (69.6%) |
| Renter Occupied HU | 880 (18.2%) |
| Vacant Housing Units | 590 (12.2%) |
| Median Home Value | $310,719 |
| Average Home Value | $334,648 |
Housing Distribution
Address Breakdown
Residential
4,373
Single Family
4,235
Multi-Family
138
Businesses
253
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