17 Ido Ave

Akron, OH 44301
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5 bd, 2 ba | 1,608 sqft | Built in 1918

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List Price
$114,000

$10K

Initial Investment

$33,158

Purchase Price

$107,000

Down Payment

25%

Rent

$1,400

Total Return

$57,671

Annualized Return

25.8%

Cap Rate

9.7%

Gross Yield

15.7%

Cash Flow

$3,794

Appreciation

6.8%
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Features

Occupancy

Vacant

Lease Up Guarantee

Yes

Lot Size

5,400

HOA

None

Flood Risk

Not Required

Welcome to 17 East Ido Avenue located in Firestone Park! This beautiful colonial style home is move-in ready and offers 5 bedrooms, 1.5 baths, and plenty of room for all. Featuring a spacious first floor with an updated kitchen, dining room, and living room. Exterior offers a large backyard, a covered front porch, and off-street parking. Located minutes from retail shopping, entertainment, and highways. This home is waiting for your personal touches to make it your own. Don't miss out, schedule your showing now!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$4,877

Property Taxes

-$1,472

Loan Payments

-$5,817

Net Cash Flow

$3,794

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Shannon Donahue
Hayes Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceNortheast Ohio Real Estate Exchange (NEOHREX/NORMLS/CRIS/Tri-State)
MLS #4410181
Last Updated: 11/18/2022 06:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.