Zip Code 44302 — Akron, OH
🟢GOOD— solid returnsCap Rate
6.8%
Monthly Cash Flow
+$50
Median Home Price
$135,018
DSCR
1.07
🏠 Fair Market Rents
- Studio
- $650/mo
- 1 Bedroom
- $730/mo
- 2 Bedroom
- $930/mo
- 3 Bedroom
- $1,170/mo
- 4 Bedroom
- $1,250/mo
📊 Investment Metrics
- Cap Rate
- 6.8%
- Cash-on-Cash Return
- 1.9%
- Price-to-Rent Ratio
- 9.6
- 1% Rule
- 0.87%
- Gross Rent Multiplier
- 9.6
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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