1196 E ARCHWOOD AVE
AKRON, OH 44306
List Price
$120,000
Initial Investment
$32,700Purchase Price
$120,000
Down Payment
25%
Rent
$1,130
Total Return
$41,232
Annualized Return
18.1%
Cap Rate
6.3%
Gross Yield
11.3%
Cash Flow
$390
Appreciation
5.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,349
HOA
None
Flood Risk
Not Required
Great opportunity for an affordable ranch. Corner lot with plenty of parking spaces. Bonus room in the basement. Newer AC. Close to shopping plazas and highways.
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$12,882Expenses
-$2,718Property Taxes
-$3,250Loan Payments
-$6,524Net Cash Flow
$390See 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.
Similar Listings
Listing Courtesy of:Bobbi Corrin
Agent License 2010000047
RE/MAX Edge Realty
Agent License 2010000047
RE/MAX Edge Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5102202
Last Updated: 02/25/2025 19:02
MLS #5102202
Last Updated: 02/25/2025 19:02