564 Euclid Ave

Akron, OH 44307
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3 bd, 2 ba | 1,300 sqft | Built in 1918

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List Price
$89,900

Initial Investment

$24,498

Purchase Price

$89,900

Down Payment

25%

Rent

$1,180

Total Return

$51,232

Annualized Return

28.6%

Cap Rate

9.2%

Gross Yield

15.8%

Cash Flow

$2,543

Appreciation

7.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,500

HOA

None

Flood Risk

Not Required

Great rental property .This house was totally remodeled in 2017 with new interior paint, carpet, updated flooring in kitchen and bath. The kitchen was remodeled with new white cabinets, new counter and sink. The handy half bath right by the back door has all new vanity and fixtures too. The dining room has built-in cabinetry too. The third floor was not rehabbed and the tenant does not have access but it could be refurbished as a 4th bedroom or bonus room. Photos are from when the house was vacant.

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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

$13,452

Expenses

-$3,572

Property Taxes

-$2,450

Loan Payments

-$4,887

Net Cash Flow

$2,543

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

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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:Marie Maier
Agent License 2012003341
Keller Williams Chervenic Rlty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5112957
Last Updated: 04/18/2025 21:04
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