967 Russell AveAkronOH44307
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 967 Russell Ave, Akron, OH, 44307 in Akron at $185,000 earns $1,512/mo in rent and nets $196/mo after the $832/mo payment, a 9.07% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $51,112 over five years. Ziffy Mortgage underwrites this on a 1.82 DSCR without U.S. credit history. With $1,704/yr in principal paydown, total projected return reaches $89,465.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.8% |
| Monthly Cash Flow | $196 | $450 |
City averages based on Akron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,512 |
| Total Monthly Debt Service | $1,143 |
| DSCR Ratio | 1.32x |
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 2005
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44307, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,782 (100%) |
| Owner Occupied HU | 1,044 (27.6%) |
| Renter Occupied HU | 2,299 (60.8%) |
| Vacant Housing Units | 439 (11.6%) |
| Median Home Value | $70,427 |
| Average Home Value | $107,189 |
Housing Distribution
Address Breakdown
Residential
3,498
Single Family
2,671
Multi-Family
827
Businesses
114
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 2005
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44307, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,782 (100%) |
| Owner Occupied HU | 1,044 (27.6%) |
| Renter Occupied HU | 2,299 (60.8%) |
| Vacant Housing Units | 439 (11.6%) |
| Median Home Value | $70,427 |
| Average Home Value | $107,189 |
Housing Distribution
Address Breakdown
Residential
3,498
Single Family
2,671
Multi-Family
827
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices