Cedar Plan, Hidden Lakes 2-StoryAkronOH44312
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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
Investment property for sale in Akron at Cedar Plan, Hidden Lakes 2-Story, Akron, OH, 44312 with 5% annual appreciation on a $299,990 basis while $3,328/mo rent supports operations. Total monthly income totals $3,328/mo and a $1,468/mo payment preserves $1,355/mo for cash returns. Annual cash flow comes to $16,260/yr on $99,447 deployed, and return on cash invested reaches 36.26% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,882 alongside rental yield of 13.31%. Five-year ROI measures 191.07% and total cumulative return in cash totals $190,017.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,328/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44312, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,687 (100%) |
| Owner Occupied HU | 9,872 (67.2%) |
| Renter Occupied HU | 3,830 (26.1%) |
| Vacant Housing Units | 985 ( 6.7%) |
| Median Home Value | $167,255 |
| Average Home Value | $203,409 |
Housing Distribution
Address Breakdown
Residential
14,417
Single Family
13,884
Multi-Family
533
Businesses
854
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