9075 Redhawk Dr · Streetsboro, OH 44241

$169,900

3 bd · 3.0 ba · 2,025 sqft · SingleFamily · 41 Days on market

Built 2005 Average condition $84/sqft · 12% above area Est $152k · 12% over ↓ 6% since listing

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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 +23.6/30.0
• DSCR +7.6/10.0
• 1% rule +6.1/10.0
• Schools +4.4/10.0
• Livability +3.9/5.0
• Condition / age +2.8/5.0
• Rent growth +2.5/5.0
• ARV discount +2.2/15.0
• Appreciation +0.0/10.0

Listing remarks

RARE opportunity in the Lakeside Terrace community! This spacious ranch offers 2000+ square feet of living space and, even more uniquely, 3 bedrooms and 3 full baths—a combination that is hard to find in this neighborhood. A beautiful 18x12 covered front deck overlooking the pond sets the tone—perfect for relaxing or entertaining—and serves as the welcoming entry into the home. Step inside to a spacious living room that flows seamlessly into the dining area and eat-in kitchen, creating an open and inviting layout. The kitchen is well-appointed with ample cabinet and counter space, a center island with seating, updated stainless steel appliances that stay, and a pantry. Jus

Key facts

• 2 garage spots
• Pool
• Built 2005

Property features AI

Finance

• Financial info: Has land lease with a monthly land lease payment
• HOA & community: Homeowners association (Lakeside Terrace) with monthly fee; HOA covers association management, sewer, snow removal, and trash; Community amenities include common grounds, fitness center, and pool

Exterior

• Parking: Attached 2-car garage; Direct garage access; Driveway parking; Paved surfaces
• Utilities: Public water; Public sewer
• Home design: Single-story home
• Construction: Vinyl siding; Asphalt/fiberglass roof; Year built listed from public records
• Exterior features: Front porch; Private pool (community-style); Waterfront location; Has a view; East-facing

Interior

• Kitchen: Eat-in kitchen; Breakfast bar; Dishwasher; Range; Microwave; Refrigerator; Pantry
• Bedrooms: Three main-level bedrooms; Primary bedroom includes a sitting room/office
• Bathrooms: Three full bathrooms (all on the main level)
• Interior features: Breakfast bar; Ceiling fans; Cathedral ceilings; Eat-in kitchen; High ceilings; Open floorplan; Pantry; Walk-in closets; Jetted tub; Fireplace in family room
• Laundry & utility: Main-level laundry; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $170k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $319 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $165k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 3.6% in Streetsboro — 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 77/100 on livability (#194 in OH, #2,965 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Streetsboro City (suburban): math 44% / reading 56% proficiency, ranked #425 of 656 in OH (top 65%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 68 active listings in the ZIP; solid renter incomes; 196 units permitted in Portage County in 2024 (10 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.

Recommended offer $164,803 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
5. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
6. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
7. 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.
8. 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.
9. 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: 1.11% ✓
• Cap rate: 8.55%
• Cash-on-cash: 8.05%
• DSCR: 1.36
• GRM: 7.5

CMA / ARV

• ARV (median comp): $151,857
• List price: $169,900
• Delta: 11.88%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9031 Red Hawk Dr	0.11mi	2/2.0 (-1)	1,920 (-5%)	21mo	$143,000	$74	60
8959 Wood Thrush	0.26mi	3/2.0	1,800 (-11%)	14mo	$170,000	$94	54
869 State Route 303	0.51mi	2/2.0 (-1)	1,742 (-14%)	11mo	$340,000	$195	35
9237 Olga St	0.68mi	3/1.5	1,730 (-15%)	15mo	$258,000	$149	25

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -4.0%
• Equity multiple: 0.85×
• Total profit: $-7,169
• Equity at exit: $25,333

10-year hold

• IRR: 5.7%
• Equity multiple: 1.42×
• Total profit: $20,056
• Equity at exit: $14,690

Cash invested: $47,572 (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 44241

• Active inventory: 68
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,890 medium
• Mortgage (P&I): −$891
• Tax est. 1.5%: −$212 /mo · $2,548/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $319

Break-even live

Break-even rent $1,486

Max offer price $169,900

Occupancy floor 78%

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-06-16
   status $169,900 Pending 41 DOM
2. 2026-06-15
   days on market $169,900 Active 41 DOM
3. 2026-06-14
   days on market $169,900 Active 39 DOM
4. 2026-06-13
   days on market $169,900 Active 38 DOM
5. 2026-06-10
   days on market $169,900 Active 36 DOM
6. 2026-06-09
   days on market $169,900 Active 35 DOM
7. 2026-06-08
   days on market $169,900 Active 34 DOM
8. 2026-06-07
   days on market $169,900 Active 33 DOM
9. 2026-06-05
   days on market $169,900 Active 30 DOM
10. 2026-06-03
    days on market $169,900 Active 29 DOM
11. 2026-06-02
    days on market $169,900 Active 28 DOM
12. 2026-06-01
    days on market $169,900 Active 27 DOM
13. 2026-05-31
    days on market $169,900 Active 26 DOM
14. 2026-05-31
    days on market $169,900 Active 25 DOM
15. 2026-05-05
    listed $179,900 Active 1587-char remark

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

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 · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,685
• − Mortgage interest: −$9,517
• − Property taxes: −$2,548
• − Insurance: −$850
• − Repairs & maintenance: −$1,815
• − Management: −$1,815
• − Depreciation: −$4,943
• Taxable income: $1,197
• Est. tax owed @ 24.0%: −$287
• After-tax cash flow: $3,544/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.

Condition & rehab AI · 13 photos

Average 55/100 Cosmetic rehab

This home is in average condition with some minor repairs and maintenance needed. It has a spacious layout and a beautiful covered front deck, making it a good investment opportunity.

Repairs flagged

• Minor Paint touch-ups — There are some minor discolorations and wear visible on the walls.
• Minor Landscaping maintenance — Some areas of the landscaping need trimming and some plants look a bit dry.

Value-add opportunities

• Resale Paint touch-ups — Fresh paint can make a significant difference in the home's curb appeal and overall appearance.
• Rental Landscaping maintenance — Well-maintained landscaping can attract more renters and make the home more appealing.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Paint touch-ups · There are some minor discolorations and wear visible on the walls.	Minor	$500–3,000
Landscaping maintenance · Some areas of the landscaping need trimming and some plants look a bit dry.	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Resale Paint touch-ups — Fresh paint can make a significant difference in the home's curb appeal and overall appearance. ↑
• Rental Landscaping maintenance — Well-maintained landscaping can attract more renters and make the home more appealing. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Streetsboro City
• NCES district ID: 3904923
• Math proficiency: 44% ▼ -20.00%
• Reading proficiency: 56% ▼ -13.00%
• Median HH income: $59,660
• Composite: 43.66/100
• National rank: #2960
• State rank: #425 of 656 in OH

Livability — Streetsboro

• Score: 77/100
• State rank: #194
• US rank: #2965

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Streetsboro, OH
• County: Portage · 165,699 people
• City population: 18,355
• Metro: Akron, OH
• Population (ZIP): 18,355
• Household income: $81,392
• Rent vs Own: 32.8% rent · 67.2% own
• Severe rent burden: 13.1

Population outlook (Portage County) Hauer SSP2

• Today (2025): 166,109 people
• By 2030: 167,752 · +1.0%
• By 2040: 168,640 · +1.5%
• By 2050: 167,469 · +0.8%
• By 2075: 170,131 · +2.4%
• By 2100: 167,958 · +1.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 10% Two or more races 5% Hispanic / Latino 4% Asian 3%
• Common ancestry: Romanian 7% Iranian 3% Lithuanian 2%
• Foreign-born: 4% · Canada, South Korea, China
• Languages at home: 96% English-only · Spanish 2% Other Asian/Pacific 1% Korean 1%

Political lean MEDSL · Portage

• 2024 margin: R (+15.5) · D 41.8% · R 57.3%
• 2008→2024 swing: -24.5pp toward R · 2008: 9.0pp · 2024: -15.5pp
• All cycles: 2024: R+15.5 2020: R+12.5 2016: R+10.2 2012: D+4.9 2008: D+9.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -185.48%
• Current HPI: 180.8517
• Rent YoY: —
• Metro: —
• 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

-5.6% since first listed

3 events — show timeline

• 2026-06-16 Pending — MLSNOW
• 2026-05-29 Price Changed $169,900 MLSNOW
• 2026-05-05 Listed $179,900 MLSNOW