1090 Diagonal Rd
Akron, OH 44320
List Price
$105,000
Initial Investment
$28,613Purchase Price
$105,000
Down Payment
25%
Rent
$1,100
Total Return
$84,319
Annualized Return
33.5%
Cap Rate
7.6%
Gross Yield
12.6%
Cash Flow
$1,624
Appreciation
11.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lot Size
5,280
HOA
None
Flood Risk
Not Required
Welcome to 1090 Diagonal Road in Akron, Ohio – a prime investment opportunity awaits! This turn-key three-bedroom, one-bathroom property with a full unfinished basement is currently generating $905 a month in rental income, with the lease expiring on March 5th, 2025.
Ideal for investors seeking steady cash flow, this property offers a reliable stream of income from day one. The spacious interior features three bedrooms, a shared bathroom, and a functional kitchen, providing comfortable living for tenants.
Located in a convenient area of Akron, this property is close to amenities, schools, and transportation routes, enhancing its appeal to potential renters. Don't miss out on this chance to add a lucrative investment property to your portfolio. Add to your portfolio and secure your financial future with 1090 Diagonal Road!
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$12,540Expenses
-$3,277Property Taxes
-$1,931Loan Payments
-$5,708Net Cash Flow
$1,624See 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:Alex Johnson
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SourceMLS Now
MLS #5028345
Last Updated: 04/05/2024 17:04
MLS #5028345
Last Updated: 04/05/2024 17:04