939 Palmetto Ave

Akron, OH 44306
image0

3 bd, 1 ba | 1,240 sqft | Built in 1926

slider image
slider image
slider image

Favorite

List Price
$109,900

Initial Investment

$29,948

Purchase Price

$109,900

Down Payment

25%

Rent

$1,270

Total Return

$46,891

Annualized Return

22.7%

Cap Rate

8.0%

Gross Yield

13.9%

Cash Flow

$2,077

Appreciation

5.8%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,600

HOA

None

Flood Risk

Not Required

Welcome to 939 Palmetto! This charming single-family home features 3 cozy bedrooms, 1 full bathroom, and a spacious full basement, offering plenty of room for storage. The porch was replaced in 2022, adding a fresh touch to the home’s curb appeal. Previously used as an investment property, this home generated a steady income of $895 per month, making it a great opportunity for buyers seeking a rental property or a comfortable home. Schedule your showing today!

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$14,478

Expenses

-$3,427

Property Taxes

-$3,000

Loan Payments

-$5,975

Net Cash Flow

$2,077

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.
View Options

Similar Listings



Listing Courtesy of:Jennifer Lopez
Agent License 2019007427
Crossroads Management Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5105873
Last Updated: 03/12/2025 16:03
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.