759 Fern St · Akron, OH 44307

$64,900

4 bd · 1.0 ba · 1,478 sqft · SingleFamily public records · 9 Days on market

Built 1917 5,031 sqft lot Est $83k · 22% under

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +4.9/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0

Listing remarks MLS

This charming 4 BR home features a cozy atmosphere with 1 BA, formal dining room, full basement for added storage and a welcoming front porch perfect for enjoying morning coffee or evening sunsets. The spacious backyard offers plenty of room for outdoor activities and gardening. While it requires some tender loving care, this property holds immense potential to become your dream home. Don't miss the opportunity to make it yours!!

Key facts

• 5,031 sq ft lot
• Parking
• Built 1917

Property features AI

Finance

• Financial info: Annual tax amount reported

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: 3-story property; Vinyl siding; Asphalt/fiberglass roof
• Construction: Built according to public records; Vinyl siding construction
• Exterior features: Front porch; Lot roughly 34 x 148 (0.1155 acres)

Interior

• Bedrooms: Total of 7 rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating
• Interior features: Full unfinished basement

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $636 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Cap rate 18.1% 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: 42 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d 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).
• At $1,364/mo this rent would consume 59% of the median local household income ($28k/yr) (locally 787% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $322 of equity ($449 loan paydown + $-127 appreciation (-0.2% local appreciation)).
• Summit County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-0.2% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 20y 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.

Risks & watch-outs

• Watch-outs: built in 1917 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $64,900

Questions for the listing agent

1. Built in 1917 — 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: 2.10% ✓
• Cap rate: 18.06%
• Cash-on-cash: 42.02%
• DSCR: 2.87
• GRM: 4.0

CMA / ARV

• ARV (on-the-fly): $82,768
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
443 W Thornton St W	0.46mi	4/1.5	1,467 (-1%)	2mo	$90,000	$61	74
1132 Bristol Ter	0.34mi	3/1.0 (-1)	1,382 (-6%)	4mo	$92,000	$67	66
975 Raymond St	0.38mi	4/1.0	1,648 (+12%)	2mo	$80,000	$49	61
564 Euclid Ave	0.27mi	3/1.5 (-1)	1,300 (-12%)	3mo	$57,500	$44	58
1296 Harmon Ave	0.71mi	3/1.0 (-1)	1,516 (+3%)	1mo	$85,000	$56	57
1041 Diagonal Rd	0.47mi	3/1.5 (-1)	1,332 (-10%)	3mo	$30,000	$23	52
677 Crossings Ln	0.71mi	3/2.5 (-1)	1,440 (-3%)	1mo	$220,000	$153	50
633 Madison Ave	0.66mi	3/1.0 (-1)	1,308 (-12%)	2mo	$44,000	$34	44
1194 Diagonal Rd	0.60mi	3/1.0 (-1)	1,295 (-12%)	4mo	$48,650	$38	43
636 Noble Ave	0.73mi	3/2.0 (-1)	1,388 (-6%)	5mo	$52,000	$37	42
861 Glenn St	0.60mi	3/2.0 (-1)	1,300 (-12%)	5mo	$157,000	$121	39
568 Auld Farm Cir	0.69mi	3/2.5 (-1)	1,664 (+13%)	5mo	$227,000	$136	32

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

Projected returns pro-forma

-0.2% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 42.9%
• Equity multiple: 3.09×
• Total profit: $38,052
• Equity at exit: $18,210

10-year hold

• IRR: 46.0%
• Equity multiple: 6.13×
• Total profit: $93,237
• Equity at exit: $21,389

Cash invested: $18,172 (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 44307

• Home prices YoY: -0.2%
• Active inventory: 42
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,364 high
• Mortgage (P&I): −$340
• Tax from tax record: −$74 /mo · $883/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $636

Break-even live

Break-even rent $558

Max offer price $64,900

Occupancy floor 48%

Sensitivity live

Price	-10% $673	-5% $655	+0% $636	+5% $618	+10% $600
Rent	-10% $529	-5% $583	+0% $636	+5% $690	+10% $744
Rate	-1.0pp $669	-0.5pp $653	base $636	+0.5pp $620	+1.0pp $602

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: $16,225
• Closing costs: $1,947
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
949 Raymond St Akron, OH	5.0	1.0	1564	$1,150	$0.74	45d	1	0.34mi
991 Diana Ave Akron, OH	3.0	2.0	1264	$1,325	$1.05	45d	1	0.45mi
783 Leonard St Akron, OH	3.0	1.0	1040	$1,250	$1.20	45d	1	0.54mi
844 Lawton St Akron, OH	4.0	2.0	1240	$1,175	$0.95	45d	1	0.61mi
730 Noble Ave Akron, OH	3.0	1.0	1092	$1,200	$1.10	24d	1	0.62mi
685 Longview Ave Akron, OH	3.0	1.0	1100	$1,150	$1.05	45d	1	0.66mi
1313 Manchester Rd Akron, OH	3.0	1.0	1221	$1,200	$0.98	22d	1	0.67mi
783 Boulevard St Akron, OH	4.0	1.0	1440	$999	$0.69	24d	1	0.68mi
1161 La Croix Ave Akron, OH	3.0	1.0	1452	$1,200	$0.83	24d	1	0.69mi
677 Crossings Ln Akron, OH	3.0	2.5	1440	$1,950	$1.35	24d	1	0.71mi
1092 Peerless Ave Akron, OH	3.0	1.0	998	$1,200	$1.20	45d	1	0.73mi
961 Lawton St Akron, OH	3.0	1.0	1144	$1,450	$1.27	15d	1	0.77mi
575 Noble Ave Akron, OH	3.0	1.0	1300	$1,350	$1.04	15d	1	0.81mi
445 S Maple St Akron, OH	3.0	1.5	1041	$1,240	$1.19	45d	7	0.91mi
378 Trigonia Dr Akron, OH	3.0	1.5	1090	$1,200	$1.10	45d	1	0.92mi
637 Storer Ave Akron, OH	3.0	1.5	1322	$1,250	$0.95	15d	1	1.07mi
1494 Diagonal Rd Akron, OH	3.0	1.0	1064	$1,495	$1.41	45d	1	1.08mi
1090 Hartford Ave Akron, OH	4.0	1.0	1328	$1,125	$0.85	45d	1	1.08mi
1641 13th St SW Akron, OH	5.0	2.5	1700	$1,750	$1.03	45d	1	1.10mi
378 Wildwood Ave Akron, OH	4.0	1.0	1544	$1,200	$0.78	45d	1	1.10mi
924 Hamlin St Akron, OH	3.0	1.0	1106	$1,300	$1.18	45d	1	1.13mi
202 Westwood Ave Akron, OH	3.0	1.0	1344	$1,250	$0.93	15d	1	1.16mi
1127 Victory St Unit 1129 Akron, OH	3.0	1.0	1368	$950	$0.69	45d	1	1.17mi
401 S Main St Akron, OH	4.0	1.0–4.0	814	$1,871	$2.30	15d	54	1.19mi
918 Bye St Akron, OH	3.0	1.0	1248	$1,200	$0.96	45d	1	1.19mi
321 Grace Ave Akron, OH	3.0	2.0	1484	$1,175	$0.79	15d	1	1.21mi
760 Lakewood Blvd Akron, OH	3.0	2.0	1398	$1,150	$0.82	24d	1	1.22mi
1032 Andrew St Akron, OH	3.0	1.0	960	$1,097	$1.14	45d	1	1.23mi
22 E Exchange St Apt 310 Akron, OH	3.0	3.0	1496	$1,962	$1.31	45d	1	1.24mi
152 S Balch St Akron, OH	3.0	1.5	1000	$1,195	$1.20	45d	1	1.24mi
295 Noble Ave Akron, OH	3.0	2.5	1488	$1,600	$1.08	45d	1	1.29mi
527 Brady Ave Akron, OH	3.0	1.5	1416	$1,395	$0.99	45d	1	1.31mi
713 Crosby St Unit 1496092P Akron, OH	3.0	2.0	1840	$5,078	$2.76	22d	1	1.33mi
91 Westwood Ave Akron, OH	3.0	1.0	1631	$1,450	$0.89	15d	1	1.35mi
627 Crosby St Unit B Akron, OH	4.0	1.0	1200	$875	$0.73	45d	1	1.36mi
1328 Thurston St Unit 1328 Akron, OH	3.0	1.0	900	$925	$1.03	24d	1	1.37mi
1326 Thurston St Unit 1326 Akron, OH	3.0	1.0	900	$925	$1.03	24d	1	1.37mi
1331 Thurston St Unit 1326 Akron, OH	3.0	1.0	900	$925	$1.03	45d	1	1.38mi
311 Crestwood Ave Akron, OH	4.0	2.0	1800	$1,395	$0.78	45d	1	1.39mi
1161 Seward Ave Akron, OH	3.0	1.5	1000	$1,200	$1.20	15d	1	1.43mi

Listing history 6 events

1. 2026-06-21
   days on market $64,900 Active 9 DOM
2. 2026-06-18
   days on market $64,900 Active 6 DOM
3. 2026-06-17
   days on market $64,900 Active 5 DOM
4. 2026-06-16
   days on market $64,900 Active 4 DOM
5. 2026-06-15
   days on market $64,900 Active 3 DOM
6. 2026-06-13
   listed $64,900 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: $883 · $74/mo
• Projected year-2 tax: $948 · $79/mo
• Expected delta: +$65/yr (+$5/mo · 7.3%)

ⓘ 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 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,365
• − Mortgage interest: −$3,635
• − Property taxes: −$883
• − Insurance: −$324
• − Repairs & maintenance: −$1,309
• − Management: −$1,309
• − Depreciation: −$1,888
• Taxable income: $7,016
• Est. tax owed @ 24.0%: −$1,684
• After-tax cash flow: $5,953/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): 6,653
• Household income: $27,697
• Rent vs Own: 72.1% rent · 27.9% own
• Severe rent burden: 787.0

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: Predominantly Black (73%)
• Race & ethnicity: Black 73% White 17% Two or more races 5% Hispanic / Latino 5%
• Common ancestry: Slovak 1% Romanian 1% Iranian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2% French/Haitian/Cajun 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: ▼ -0.20%
• Current HPI: 81.3728
• Rent YoY: —
• 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

+62.7% since first listed

18 events — show timeline

• 2026-06-12 Listed $64,900 MLSNOW
• 2026-01-14 Listing Removed — MLSNOW
• 2025-11-19 Listed $69,000 MLSNOW
• 2025-01-30 Sold (Public Records) $102,500 Public Records
• 2025-01-24 Sold (MLS) $62,500 MLSNOW
• 2024-10-29 Pending — MLSNOW
• 2024-09-25 Price Changed $69,000 MLSNOW
• 2024-08-30 Relisted — MLSNOW
• 2024-08-02 Pending — MLSNOW
• 2024-07-05 Relisted — MLSNOW
• 2024-06-27 Pending — MLSNOW
• 2024-06-01 Listed $75,000 MLSNOW
• 2021-09-01 Listing Removed — MLSNOW
• 2021-07-21 Listed $30,000 MLSNOW
• 2011-02-28 Listing Removed — MLSNOW
• 2010-05-26 Listed $23,850 MLSNOW
• 2007-04-10 Listing Removed — MLSNOW
• 2006-10-12 Listed $39,900 MLSNOW

Property tax history

+2.5%/yr

Latest (2025): $883 · -18.7% YoY. Source: county tax records.