361 Para Ave

Akron, OH 44305
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4 bd, 2 ba | 1,757 sqft | Built in 1918

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List Price
$159,900

Initial Investment

$43,573

Purchase Price

$159,900

Down Payment

25%

Rent

$1,350

Total Return

$47,933

Annualized Return

15.7%

Cap Rate

5.3%

Gross Yield

10.1%

Cash Flow

-$867

Appreciation

5.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,000

HOA

None

Flood Risk

Not Required

Welcome to this beautifully updated home in the desirable Goodyear Heights neighborhood! This spacious 4-bedroom, 1.5-bathroom home has been thoughtfully renovated with modern finishes while retaining its original character. With over 1700 sq ft, this home offers plenty of room for families or anyone looking to enjoy a comfortable and stylish living space.

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NEIGHBORHOOD

SCHOOLS

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Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$2,914

Property Taxes

-$4,650

Loan Payments

-$8,693

Net Cash Flow

-$867

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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Similar Listings



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 #5114365
Last Updated: 04/17/2025 22:04
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