1174 Tampa Ave
Akron, OH 44314
List Price
$105,000
Initial Investment
$28,613Purchase Price
$105,000
Down Payment
25%
Rent
$1,040
Total Return
$58,787
Annualized Return
26.6%
Cap Rate
7.3%
Gross Yield
11.9%
Cash Flow
$1,412
Appreciation
8.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
-
Lease End
-
Lot Size
4,400
HOA
None
Flood Risk
Not Required
Welcome to 1174 Tampa Avenue in Akron, Ohio! This 3-bedroom, 2-full bath fully turned, investment property is a lucrative opportunity for investors. Currently occupied with a tenant providing $1,065 a month (with a lease ending on 3/14/2025), this property offers immediate positive rental income.
Conveniently located near downtown Akron, Akron University, shopping, and vibrant nightlife, this property is attractive to tenants seeking convenience and accessibility. Whether you're a seasoned investor or looking to start your investment portfolio, 1174 Tampa Avenue presents a solid opportunity for cash flow and potential appreciation.
Don't miss out on this chance to capitalize on Akron's thriving rental market. Call today and take your first step towards securing your financial future with this promising investment property!
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$11,856Expenses
-$2,804Property Taxes
-$1,931Loan Payments
-$5,708Net Cash Flow
$1,412See 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
Agent License 2007002717
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Real Estate Quest, LLC
OH Brokerage License 2004018595
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5029617
Last Updated: 04/17/2024 15:04
MLS #5029617
Last Updated: 04/17/2024 15:04