897 Peckham St

Akron, OH 44320
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4 bd, 1 ba | 1,421 sqft | Built in 1921

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List Price
$99,900

Initial Investment

$27,223

Purchase Price

$99,900

Down Payment

25%

Rent

$1,240

Total Return

$84,309

Annualized Return

35.5%

Cap Rate

8.5%

Gross Yield

14.9%

Cash Flow

$2,314

Appreciation

11.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Newly renovated home with new exterior and interior paint, new carpeting, solid granite counter tops, 4 bedrooms and detached garage. Moved in ready.

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$14,136

Expenses

-$3,491

Property Taxes

-$2,900

Loan Payments

-$5,431

Net Cash Flow

$2,314

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:Scott Marvin
Agent License 2018003245
Team Results Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5095374
Last Updated: 01/20/2025 13:01
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