791 Eugene St · Akron, OH 44306

$75,000

2 bd · 1.0 ba · 500 sqft · SingleFamily public records · 6 Days on market

Built 1947 4,957 sqft lot

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Why this score? — see what drove the C+ 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 +27.3/30.0
• DSCR +9.5/10.0
• ARV discount +7.5/15.0
• 1% rule +7.1/10.0
• Rent growth +4.4/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Neat and clean. Move-in ready. Approximate ages include: 2018-Furnace, H2O and carpet. 2017-Windows and Kitchen cabinets. 2005-Shingles.

Key facts

• Updated ranch home
• Newer kitchen
• Storage shed

Tags

• UPDATED RANCH HOME
• BRIGHT LIVING DINING ROOM
• NEWER KITCHEN
• GRANITE COUNTERTOPS
• LAUNDRY HOOK UPS
• STORAGE SHED

Property features AI

Finance

• Financial info: Annual tax amount listed (excluded from detailed output per instructions)

Exterior

• Parking: Driveway
• Utilities: Public water service; Public sewer service; Electric service (implied)
• Home design: Single-story; Entry level: main
• Construction: Built (year source: public records); Asphalt/fiberglass roof; Slab foundation
• Exterior features: Aluminum siding; Public water; Public sewer; Lot approximately 0.1138 acres

Interior

• Kitchen: Range; Microwave; Refrigerator; Dishwasher not listed
• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom (main level)
• Interior features: Central air conditioning; Forced air heating
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $217 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($906 rent vs $75k).
• Cap rate 9.8% 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 fast (+7.6%/yr); 69 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 61% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 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 + 7.6% rent growth), your $21k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 32y 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 $37k; list at $75k implies a 103% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $75,000

Questions for the listing agent

1. Built in 1947 — 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: 1.21% ✓
• Cap rate: 9.76%
• Cash-on-cash: 12.40%
• DSCR: 1.55
• GRM: 6.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 7.63% rent growth · sell at horizon

5-year hold

• IRR: 7.1%
• Equity multiple: 1.29×
• Total profit: $6,082
• Equity at exit: $11,183

10-year hold

• IRR: 20.0%
• Equity multiple: 3.05×
• Total profit: $43,040
• Equity at exit: $6,485

Cash invested: $21,000 (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.

Methodology + full state rankings →

ZIP-level market 44306

• Rents YoY: 7.6%
• Active inventory: 69
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $906 high
• Mortgage (P&I): −$393
• Tax from tax record: −$74 /mo · $889/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$190
• Net cashflow: $217

Break-even live

Break-even rent $631

Max offer price $75,000

Occupancy floor 71%

Sensitivity live

Price	-10% $259	-5% $238	+0% $217	+5% $196	+10% $174
Rent	-10% $145	-5% $181	+0% $217	+5% $253	+10% $289
Rate	-1.0pp $255	-0.5pp $236	base $217	+0.5pp $198	+1.0pp $178

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
978 Kelly Ave Akron, OH	1.0	1.0	500	$900	$1.80	44d	1	0.05mi
978 Kelly Ave Akron, OH	1.0	1.0	500	$875	$1.75	24d	1	0.05mi
778 Ravenswood St Akron, OH	2.0	1.0	616	$1,150	$1.87	24d	1	0.11mi
780 Anderson Ave #13 Akron, OH	1.0	1.0	700	$785	$1.12	44d	1	0.21mi
780 Anderson Ave #12 Akron, OH	1.0	1.0	700	$785	$1.12	15d	1	0.21mi
769 Anderson Ave #6 Akron, OH	1.0	1.0	600	$785	$1.31	15d	1	0.21mi
794 Anderson Ave #9 Akron, OH	1.0	1.0	600	$785	$1.31	24d	1	0.24mi
1055 Neville Ave Akron, OH	2.0	1.0	600	$700	$1.17	44d	1	0.32mi
551 Baltimore Ave Unit 551 Akron, OH	2.0	1.0	588	$850	$1.45	44d	1	0.33mi
551 Baltimore Ave Akron, OH	2.0	1.0	588	$850	$1.45	24d	1	0.33mi
1017 Neville Ave Akron, OH	2.0	1.0	600	$675	$1.12	44d	1	0.40mi
958 Hunt St #2 Akron, OH	1.0	1.0	700	$600	$0.86	44d	1	0.61mi
668 Roscoe Ave Akron, OH	2.0	1.0	720	$875	$1.22	44d	1	0.64mi
972 Concord Ave Akron, OH	2.0	1.0	720	$1,173	$1.63	44d	1	0.66mi
548 Winans Ave Akron, OH	1.0	1.0	700	$1,100	$1.57	44d	1	1.11mi
1566 Coventry St Akron, OH	1.0	1.5	600	$795	$1.32	44d	1	1.28mi
1588 Coventry St Unit 7 Akron, OH	1.0	1.0	600	$795	$1.32	24d	1	1.29mi
167 Chittenden St Unit 3 Akron, OH	1.0	1.0	575	$700	$1.22	44d	1	1.47mi

Listing history 6 events

1. 2026-06-18
   days on market $75,000 Active 6 DOM
2. 2026-06-17
   days on market $75,000 Active 5 DOM
3. 2026-06-16
   days on market $75,000 Active 4 DOM
4. 2026-06-15
   days on market $75,000 Active 3 DOM
5. 2026-06-13
   remarks 699-char remark
6. 2026-06-13
   listed $75,000 Active 1 DOM

ⓘ 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: $889 · $74/mo
• Projected year-2 tax: $1,029 · $86/mo
• Expected delta: +$141/yr (+$12/mo · 15.8%)

ⓘ 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 ≥96°F today · 16 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

Taxation est. · year 1

• Rental income: $10,869
• − Mortgage interest: −$4,201
• − Property taxes: −$889
• − Insurance: −$375
• − Repairs & maintenance: −$870
• − Management: −$870
• − Depreciation: −$2,182
• Taxable income: $1,484
• Est. tax owed @ 24.0%: −$356
• After-tax cash flow: $2,247/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): 20,905
• Household income: $41,688
• Rent vs Own: 56.4% rent · 43.6% own
• Severe rent burden: 1251.0

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: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 48% Black 38% Two or more races 8% Hispanic / Latino 3% Asian 2%
• Common ancestry: Lithuanian 2% Iranian 1% Scotch-Irish 1%
• Foreign-born: 4% · Vietnam, Canada, Philippines
• Languages at home: 94% English-only · Spanish 2% Other Asian/Pacific 1% Vietnamese 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: ▼ -101.46%
• Current HPI: 132.768
• Rent YoY: ▲ 7.63%
• Metro: Akron, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+276.9% since first listed

16 events — show timeline

• 2026-06-12 Listed $75,000 MLSNOW
• 2021-10-19 Listing Removed — MLSNOW
• 2021-10-14 Price Changed $62,900 MLSNOW
• 2021-10-01 Price Changed $64,900 MLSNOW
• 2021-09-17 Listed $67,000 MLSNOW
• 2019-01-15 Sold (Public Records) $37,000 Public Records
• 2019-01-15 Sold (MLS) $37,000 MLSNOW
• 2018-11-29 Pending — MLSNOW
• 2018-11-09 Listed $39,000 MLSNOW
• 2006-07-05 Listing Removed — MLSNOW
• 2006-01-27 Listed $44,900 MLSNOW
• 2004-10-29 Sold (MLS) $16,000 MLSNOW
• 2004-08-27 Listed $17,400 MLSNOW
• 1994-05-10 Sold (Public Records) $26,000 Public Records
• 1994-02-02 Listed $28,500 MLSNOW
• 1990-02-08 Sold (Public Records) $19,900 Public Records

Property tax history

-0.5%/yr

Latest (2025): $889 · +7.7% YoY. Source: county tax records.