883 Packard Dr

Akron, OH 44320
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2 bd, 1 ba | 1,692 sqft | Built in 1936

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List Price
$134,900

Initial Investment

$36,760

Purchase Price

$134,900

Down Payment

25%

Rent

$1,250

Total Return

$110,337

Annualized Return

34.2%

Cap Rate

7.8%

Gross Yield

11.1%

Cash Flow

$2,464

Appreciation

11.7%
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Features

Lot Size

10,200

HOA

None

Flood Risk

Not Required

MANY UPDATES on this west side colonial on a DOUBLE LOT with FENCED YARD! New water lines and water filtration system (2021), bathroom updated with shower surround, plumbing fixtures, toilet, flooring and countertop (2021), ALL NEW Luxury Plank flooring (2022), new upstairs carpet (2023), new dishwasher (2022), New hot water tank (2022), new light fixtures throughout (2023), kitchen backsplash (2022), new gate in fence and firepit (2022). 2 large bedrooms upstairs and very open and spacious main floor complete with sun room! Fenced in double lot with gate and attached garage for your outdoor enjoyment! Close to park and walking distance to schools! Hurry to see it today!

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$3,192

Property Taxes

-$1,260

Loan Payments

-$7,334

Net Cash Flow

$2,464

See more in Financials

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.
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Property Management

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Listing Courtesy of:Nancy Bartlebaugh
Agent License 2006001042
RE/MAX Trends Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #4460281
Last Updated: 05/26/2023 13:05
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