886 FLORIDA AVE
AKRON, OH 44314
List Price
$99,000
Initial Investment
$26,978Purchase Price
$99,000
Down Payment
25%
Rent
$1,170
Total Return
$59,283
Annualized Return
28.6%
Cap Rate
8.2%
Gross Yield
14.2%
Cash Flow
$2,057
Appreciation
8.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,950
HOA
None
Flood Risk
Not Required
Investment Opportunity! This tenant-occupied 3-bedroom, 1-bath home is generating steady income at $1,130 per month, with tenant also covering all utilities. Featuring a spacious layout and a fenced-in backyard, this property offers both comfort and functionality. Whether you're looking to expand your rental portfolio or start investing, this income-producing property is a great addition. Property was inspected by AMHA in June of 2024. Pictures are from May of 2024 prior to the tenant moving into the home in June of 2024. Lease expires 6.18.25 (currently in process of lease renewal) No Seller Financing, No "Subject To" Deals, No Wholesaling. No showings without an accepted offer.
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$13,338Expenses
-$3,199Property Taxes
-$2,700Loan Payments
-$5,382Net Cash Flow
$2,057See 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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SourceMLS Now
MLS #5112456
Last Updated: 04/07/2025 19:04
MLS #5112456
Last Updated: 04/07/2025 19:04