900 Work DrAkronOH44320
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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 900 Work Dr, Akron, OH, 44320 priced at $115,000 pairs $1,161/mo rent with $404/mo cash flow after a $563/mo payment. Total monthly income equals $1,161/mo, and annual cash flow comes to $4,853/yr on $38,123 invested. Return on cash invested is 32.64% in year one, and rental yield stands at 12.11% 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 171.7% and total cumulative return in cash reaches $65,457. For financing, Ziffy Mortgage’s DSCR program evaluates $1,161/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1925
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44320, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,636 (100%) |
| Owner Occupied HU | 4,587 (47.6%) |
| Renter Occupied HU | 4,100 (42.5%) |
| Vacant Housing Units | 949 ( 9.8%) |
| Median Home Value | $131,432 |
| Average Home Value | $168,422 |
Housing Distribution
Address Breakdown
Residential
8,963
Single Family
8,140
Multi-Family
823
Businesses
433
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