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797 Stoner St
B- Composite 66.02
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +4.4/15.0
  • Livability +4.0/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$80,000

797 Stoner St · Akron, OH 44320
3 bd · 1.0 ba · 1,152 sqft · SingleFamily public records · 23 Days on market
Built 1924 4,996 sqft lot Est $75k · 7% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great first home. Seller offering one year home warranty. Seller paid closing cost. Appliances included. Call today to see your new home.

Key facts

  • 4,996 sq ft lot
  • 2 garage spots
  • Built 1924

Property features AI

Exterior

  • Parking: Detached 2-car garage; Paved driveway
  • Utilities: Public water; Public sewer
  • Home design: 2-story home; Asphalt shingle roof; Aluminum and vinyl siding; Above-grade finished area about 1,152
  • Construction: Built (year from public records); Aluminum siding; Vinyl siding; Asphalt shingle roof
  • Exterior features: Driveway and paved surfaces; Detached structures

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating
  • Interior features: Unfinished basement; Fireplace (1)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $80k.

Deal economics

  • At list price, monthly cash flow is $389 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $80k).
  • Recommended offer: $79k (1.5% below list) — sets the bar for market timing.
  • Cap rate 12.1% vs local median 6.6% in Akron — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 81/100 on livability (#104 in OH, #1,591 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
  • Akron City (urban): math 22% / reading 30% proficiency, ranked #602 of 656 in OH (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+1.6%/yr); 102 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Summit County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 1.6% rent growth), your $22k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 23 days — a 2% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $22k; list at $80k implies a 256% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $78,800 (1.5% below list)

Questions for the listing agent

  1. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.57%
Cap rate
12.13%
Cash-on-cash
20.85%
DSCR
1.93
GRM
5.3

CMA / ARV

ARV (on-the-fly)
$74,880
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1037 Hardesty Blvd 0.50mi 3/1.0 1,109 (-4%) 1mo $98,000 $88 69
633 Madison Ave 0.27mi 3/1.0 1,308 (+14%) 2mo $44,000 $34 63
404 Noah Ave 0.65mi 3/1.0 1,192 (+4%) 1mo $77,500 $65 63
861 Glenn St 0.22mi 3/2.0 1,300 (+13%) 5mo $157,000 $121 60
1194 Diagonal Rd 0.33mi 3/1.0 1,295 (+12%) 4mo $48,650 $38 60
1352 Diagonal Rd 0.63mi 3/1.0 1,200 (+4%) 5mo $108,500 $90 59
966 La Belle Ave 0.64mi 2/1.0 (-1) 1,170 (+2%) 5mo $105,000 $90 59
761 Glendora Ave 0.68mi 3/1.0 1,210 (+5%) 3mo $60,000 $50 58
379 Noble Ave 0.68mi 3/1.0 1,224 (+6%) 2mo $90,000 $74 56
564 Euclid Ave 0.52mi 3/1.5 1,300 (+13%) 3mo $57,500 $44 50
924 Lane St 0.74mi 3/1.0 1,040 (-10%) 4mo $43,070 $41 46
1311 Superior Ave 0.67mi 3/1.0 1,008 (-12%) 4mo $50,000 $50 45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.65% rent growth · sell at horizon

5-year hold
IRR
11.7%
Equity multiple
1.46×
Total profit
$10,196
Equity at exit
$11,928
10-year hold
IRR
19.5%
Equity multiple
2.53×
Total profit
$34,288
Equity at exit
$6,917

Cash invested: $22,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
73 Landlord-Friendly
State Ohio
73 Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

ZIP-level market 44320

Rents YoY
1.6%
Active inventory
102
Price-to-rent
5.3×

Monthly cashflow live

Estimated rent
$1,254 high interval (Pro) →
Mortgage (P&I)
$420
Tax from tax record
$148 /mo · $1,779/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$263
Net cashflow
$389

Break-even live

Break-even rent $761
Max offer price $80,000
Occupancy floor 64%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$20,000
Closing costs
$2,400
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
730 Noble Ave Akron, OH 3.0 1.0 1092 $1,200 $1.10 23d 1 0.08mi
844 Lawton St Akron, OH 4.0 2.0 1240 $1,175 $0.95 43d 1 0.19mi
961 Lawton St Akron, OH 3.0 1.0 1144 $1,450 $1.27 14d 1 0.23mi
1040 Mercer Ave Akron, OH 3.0 1.0 850 $1,400 $1.65 21d 1 0.27mi
575 Noble Ave Akron, OH 3.0 1.0 1300 $1,350 $1.04 14d 1 0.33mi
1092 Peerless Ave Akron, OH 3.0 1.0 998 $1,200 $1.20 43d 1 0.35mi
991 Diana Ave Akron, OH 3.0 2.0 1264 $1,325 $1.05 43d 1 0.45mi
783 Leonard St Akron, OH 3.0 1.0 1040 $1,250 $1.20 43d 1 0.50mi
465 Grace Ave Akron, OH 2.0 1.0 850 $850 $1.00 43d 1 0.54mi
677 Crossings Ln Akron, OH 3.0 2.5 1440 $1,950 $1.35 23d 1 0.55mi
637 Storer Ave Akron, OH 3.0 1.5 1322 $1,250 $0.95 14d 1 0.58mi
1090 Hartford Ave Akron, OH 4.0 1.0 1328 $1,125 $0.85 43d 1 0.60mi
405 Noah Ave Akron, OH 2.0 1.0 1000 $1,050 $1.05 21d 1 0.66mi
916 Peckham St Akron, OH 2.0 1.0 936 $850 $0.91 43d 1 0.73mi
924 Hamlin St Akron, OH 3.0 1.0 1106 $1,300 $1.18 43d 1 0.78mi
384 W Bartges St Akron, OH 2.0 1.0 1024 $1,100 $1.07 43d 1 0.81mi
321 Grace Ave Akron, OH 3.0 2.0 1484 $1,175 $0.79 14d 1 0.82mi
918 Bye St Akron, OH 3.0 1.0 1248 $1,200 $0.96 43d 1 0.84mi
1494 Diagonal Rd Akron, OH 3.0 1.0 1064 $1,495 $1.41 43d 1 0.85mi
295 Noble Ave Akron, OH 3.0 2.5 1488 $1,600 $1.08 43d 1 0.87mi
378 Trigonia Dr Akron, OH 3.0 1.5 1090 $1,200 $1.10 43d 1 0.88mi
1310 Bellevue Ave Unit Right Akron, OH 2.0 1.0 800 $990 $1.24 43d 1 0.93mi
445 S Maple St Akron, OH 3.0 1.5 1041 $1,240 $1.19 43d 7 0.93mi
685 Longview Ave Akron, OH 3.0 1.0 1100 $1,150 $1.05 43d 1 0.94mi
1326 Thurston St Unit 1326 Akron, OH 3.0 1.0 900 $925 $1.03 23d 1 0.95mi
1328 Thurston St Unit 1328 Akron, OH 3.0 1.0 900 $925 $1.03 23d 1 0.95mi
601 Glendora Ave Akron, OH 3.0 1.0 1310 $1,200 $0.92 43d 1 0.95mi
1331 Thurston St Unit 1326 Akron, OH 3.0 1.0 900 $925 $1.03 43d 1 0.95mi
1161 Seward Ave Akron, OH 3.0 1.5 1000 $1,200 $1.20 14d 1 0.96mi
1335 Thurston St Unit 1335 Akron, OH 2.0 1.0 700 $825 $1.18 14d 1 0.97mi
1313 Manchester Rd Akron, OH 3.0 1.0 1221 $1,200 $0.98 21d 1 0.97mi
1339 Thurston St Unit 1339 Akron, OH 2.0 1.0 700 $825 $1.18 43d 1 0.97mi
1069 Fess Ave Akron, OH 2.0 1.0 940 $1,095 $1.16 43d 1 1.00mi
1161 La Croix Ave Akron, OH 3.0 1.0 1452 $1,200 $0.83 23d 1 1.02mi
1171 La Croix Ave Unit 2 Akron, OH 2.0 1.0 1267 $975 $0.77 43d 1 1.03mi
199 Beck Ave Unit 2 Akron, OH 2.0 1.0 926 $1,300 $1.40 23d 1 1.09mi
931 Trimble Dr Akron, OH 2.0 1.5 1448 $1,495 $1.03 23d 1 1.13mi
202 Westwood Ave Akron, OH 3.0 1.0 1344 $1,250 $0.93 14d 1 1.13mi
678 Crosby St Unit 3 Akron, OH 2.0 1.0 1000 $780 $0.78 43d 1 1.14mi
1032 Andrew St Akron, OH 3.0 1.0 960 $1,097 $1.14 43d 1 1.16mi

Listing history 19 events

  1. 2026-06-18
    days on market $80,000 Active 23 DOM
  2. 2026-06-17
    days on market $80,000 Active 22 DOM
  3. 2026-06-16
    days on market $80,000 Active 21 DOM
  4. 2026-06-15
    days on market $80,000 Active 20 DOM
  5. 2026-06-14
    days on market $80,000 Active 18 DOM
  6. 2026-06-13
    days on market $80,000 Active 17 DOM
  7. 2026-06-10
    days on market $80,000 Active 15 DOM
  8. 2026-06-09
    days on market $80,000 Active 14 DOM
  9. 2026-06-08
    days on market $80,000 Active 13 DOM
  10. 2026-06-07
    days on market $80,000 Active 12 DOM
  11. 2026-06-05
    days on market $80,000 Active 9 DOM
  12. 2026-06-03
    days on market $80,000 Active 8 DOM
  13. 2026-06-02
    days on market $80,000 Active 7 DOM
  14. 2026-06-01
    days on market $80,000 Active 6 DOM
  15. 2026-05-31
    days on market $80,000 Active 5 DOM
  16. 2026-05-31
    days on market $80,000 Active 4 DOM
  17. 2026-05-26
    listed $80,000 Active
  18. 2013-11-25
    soldstatus $22,500 137-char remark
    Show marketing remark (137 chars)

    Great first home. Seller offering one year home warranty. Seller paid closing cost. Appliances included. Call today to see your new home.

  19. 2013-07-01
    listed $45,000 137-char remark
    Show marketing remark (137 chars)

    Great first home. Seller offering one year home warranty. Seller paid closing cost. Appliances included. Call today to see your new home.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

Current annual tax
$1,779 · $148/mo
Projected year-2 tax
$1,779 · $148/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,044
− Mortgage interest
−$4,481
− Property taxes
−$1,779
− Insurance
−$400
− Repairs & maintenance
−$1,203
− Management
−$1,203
− Depreciation
−$2,327
Taxable income
$3,649
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$876
After-tax cash flow
$3,795/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Akron City
NCES district ID
3904348
Math proficiency
22% ▼ -17.00%
Reading proficiency
30% ▼ -12.00%
Median HH income
$33,811
Composite
21.31/100
National rank
#8383
State rank
#602 of 656 in OH

Livability — Akron

Score
81/100
State rank
#104
US rank
#1591

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Akron, OH
County
Summit County · 440,783 people
City population
174,375
Metro
Akron, OH
Population (ZIP)
17,690
Household income
$41,241
Rent vs Own
46.1% rent · 53.9% own
Severe rent burden
1316.0

Population outlook (Summit County) Hauer SSP2

Today (2025)
546,583 people
By 2030
544,028 · -0.5%
By 2040
531,363 · -2.8%
By 2050
514,923 · -5.8%
By 2075
481,765 · -11.9%
By 2100
432,265 · -20.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority Black (63%)
Race & ethnicity
Black 63% White 27% Two or more races 7% Hispanic / Latino 4%
Common ancestry
Romanian 2% Italian 1% Scotch-Irish 1%
Foreign-born
2% · Canada
Languages at home
97% English-only · Spanish 1% Other Indo-European 1%

Political lean MEDSL · Summit

2024 margin
Lean D (+7.0) · D 53.0% · R 46.0%
2008→2024 swing
-9.6pp toward R · 2008: 16.6pp · 2024: 7.0pp
All cycles
2024: D+7.0 2020: D+9.6 2016: D+8.2 2012: D+14.8 2008: D+16.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -117.69%
Current HPI
122.9888
Rent YoY
▲ 1.65%
Metro
Akron, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+77.8% since first listed
3 events — show timeline
  • 2026-05-26 Listed $80,000 MLSNOW
  • 2013-11-25 Sold (MLS) $22,500 MLSNOW
  • 2013-07-01 Listed $45,000 MLSNOW

Property tax history

+13.0%/yr

Latest (2025): $1,779 · +0.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…