469 W Streetsboro St Unit C · Hudson, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 3/10 · Minor
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +15.5/30.0
- 1% rule +8.0/10.0
- Schools +7.9/10.0
- ARV discount +7.5/15.0
- DSCR +4.8/10.0
- Livability +4.4/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$168,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Well maintained 2 bedroom condo in quiet neighborhood. 2nd story unit features large family room, and separate den / office with lots of windows throughout. Luxurious, Berber carpeting through most of unit, and new tile floor in kitchen. The building complex features a community laundry room that has been recently updated on first floor of building. New roof in 2014. Unit features storage, 1 car detached garage. Maintenance fees covers landscaping, exterior building, water/sewer, trash and snow removal. Close access to major highways, minutes from downtown Hudson.
Key facts
- Large living area
- Secured building
- Walk-in shower
Tags
Property features AI
Finance
- HOA & community: Part of Hudson West Condo HOA; Monthly HOA fee of $527.47 covering management, common area maintenance, insurance, grounds and structure maintenance, parking, reserves, roof, sewer, snow removal, trash and water
Exterior
- Parking: Assigned detached garage with electric and garage door opener (1 garage space)
- Security: Smoke detector(s)
- Utilities: Public water; Public sewer
- Home design: Condo / multi-unit building; One story in unit; building has 2 total stories
- Construction: Brick and vinyl siding construction; Flat roof; Year built per public records
- Exterior features: Smoke detectors; Flat roof; Brick and vinyl siding exterior; Entry level is 2; Above-grade living area reported
Interior
- Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Laminate counters
- Bedrooms: Two main-level bedrooms
- Flooring: Carpet in bedrooms and living areas; Ceramic tile in kitchen
- Bathrooms: Two full bathrooms on the main level
- Heating & cooling: Central air conditioning; Forced-air gas heating
- Interior features: Double-pane, insulated windows; Has a view
- Laundry & utility: Common area laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $168k.
Deal economics
- At list price, monthly cash flow is $66 ($797/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $168k).
- Recommended offer: $163k (3.0% below list) — sets the bar for market timing.
- Cap rate 6.8% vs local median 2.6% in Hudson — 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 88/100 on livability (#20 in OH, #196 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, amenities A+; Watch: commute F, cost of living F.
- Hudson City (suburban): math 84% / reading 88% proficiency, ranked #4 of 656 in OH (top 1%) — strong family-tenant draw, lease renewals of 3-5y typical; only 4% free/reduced lunch — higher-income household profile.
- Market conditions: 95 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
- This rent is only 16% of the median local income ($169k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
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.
- Summit County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
Negotiation context
- It's been on market 47 days — a 3% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 19y 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 $92k; list at $168k implies a 84% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 24% of rent.
Questions for the listing agent
- It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.30% ✓
- Cap rate
- 6.77%
- Cash-on-cash
- 1.70%
- DSCR
- 1.08
- GRM
- 6.4
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -13.4%
- Equity multiple
- 0.52×
- Total profit
- $-22,649
- Equity at exit
- $25,049
- IRR
- -4.1%
- Equity multiple
- 0.73×
- Total profit
- $-12,885
- Equity at exit
- $14,526
Cash invested: $47,040 (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
ZIP-level market 44236
- Active inventory
- 95
- Price-to-rent
- 6.4×
Monthly cashflow live
- Estimated rent
- $2,189 medium interval (Pro) →
- Mortgage (P&I)
- −$881
- Tax from tax record
- −$185 /mo · $2,220/yr
- Insurance
- −$70
- HOA
- −$527
- Vacancy / Maint / Mgmt
- −$460
- Net cashflow
- $66
Break-even live
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
- $42,000
- Closing costs
- $5,040
- 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 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 77 Atterbury Blvd #208 Hudson, OH | 2.0 | 2.0 | 1060 | $1,990 | $1.88 | 23d | 1 | 0.97mi |
| 77 Atterbury Blvd Hudson, OH | 2.0 | 2.0 | 1126 | $1,920 | $1.70 | 14d | 2 | 0.99mi |
HOA detail condo
- Monthly dues
- $527 · $6,324/yr
- Likely covers
- watersewertrashlandscapingsnow removal
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 26 events
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2026-06-18days on market $168,000 Active 47 DOM
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2026-06-17days on market $168,000 Active 46 DOM
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2026-06-16days on market $168,000 Active 45 DOM
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2026-06-15days on market $168,000 Active 44 DOM
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2026-06-14days on market $168,000 Active 42 DOM
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2026-06-10days on market $168,000 Active 39 DOM
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2026-06-09days on market $168,000 Active 38 DOM
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2026-06-09price $168,000 Active 37 DOM
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2026-06-08days on market $172,000 Active 37 DOM
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2026-06-07days on market $172,000 Active 36 DOM
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2026-06-03days on market $172,000 Active 32 DOM
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2026-06-02days on market $172,000 Active 31 DOM
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2026-06-01days on market $172,000 Active 30 DOM
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2026-05-31days on market $172,000 Active 29 DOM
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2026-05-31days on market $172,000 Active 28 DOM
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2026-05-02$172,000 Active
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2017-06-23soldstatus $91,500
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2017-06-22soldstatus $91,500 Sold 570-char remark
Show marketing remark (570 chars)
Well maintained 2 bedroom condo in quiet neighborhood. 2nd story unit features large family room, and separate den / office with lots of windows throughout. Luxurious, Berber carpeting through most of unit, and new tile floor in kitchen. The building complex features a community laundry room that has been recently updated on first floor of building. New roof in 2014. Unit features storage, 1 car detached garage. Maintenance fees covers landscaping, exterior building, water/sewer, trash and snow removal. Close access to major highways, minutes from downtown Hudson.
-
2017-05-11status Pending 570-char remark
Show marketing remark (570 chars)
Well maintained 2 bedroom condo in quiet neighborhood. 2nd story unit features large family room, and separate den / office with lots of windows throughout. Luxurious, Berber carpeting through most of unit, and new tile floor in kitchen. The building complex features a community laundry room that has been recently updated on first floor of building. New roof in 2014. Unit features storage, 1 car detached garage. Maintenance fees covers landscaping, exterior building, water/sewer, trash and snow removal. Close access to major highways, minutes from downtown Hudson.
-
2017-04-18historical Contingent 570-char remark
Show marketing remark (570 chars)
Well maintained 2 bedroom condo in quiet neighborhood. 2nd story unit features large family room, and separate den / office with lots of windows throughout. Luxurious, Berber carpeting through most of unit, and new tile floor in kitchen. The building complex features a community laundry room that has been recently updated on first floor of building. New roof in 2014. Unit features storage, 1 car detached garage. Maintenance fees covers landscaping, exterior building, water/sewer, trash and snow removal. Close access to major highways, minutes from downtown Hudson.
-
2017-04-10$98,000 Active 570-char remark
Show marketing remark (570 chars)
Well maintained 2 bedroom condo in quiet neighborhood. 2nd story unit features large family room, and separate den / office with lots of windows throughout. Luxurious, Berber carpeting through most of unit, and new tile floor in kitchen. The building complex features a community laundry room that has been recently updated on first floor of building. New roof in 2014. Unit features storage, 1 car detached garage. Maintenance fees covers landscaping, exterior building, water/sewer, trash and snow removal. Close access to major highways, minutes from downtown Hudson.
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2007-11-30historical
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2007-11-30historical
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2007-05-30$94,900
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2007-05-30$94,900
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1984-06-29soldstatus $50,000
ⓘ 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
- $2,220 · $185/mo
- Projected year-2 tax
- $2,420 · $202/mo
- Expected delta
- +$201/yr (+$17/mo · 9.0%)
ⓘ 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 ≥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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,270
- − Mortgage interest
- −$9,411
- − Property taxes
- −$2,220
- − Insurance
- −$840
- − Repairs & maintenance
- −$2,102
- − Management
- −$2,102
- − HOA
- −$6,324
- − Depreciation
- −$4,887
- Taxable loss
- −$1,615
- Est. tax savings @ 24.0%
- +$388
- After-tax cash flow
- $1,185/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
- Hudson City
- NCES district ID
- 3905002
- Math proficiency
- 84% ▼ -7.00%
- Reading proficiency
- 88% ▼ -1.00%
- Median HH income
- $114,390
- Composite
- 78.78/100
- National rank
- #68
- State rank
- #4 of 656 in OH
Livability — Hudson
- Score
- 88/100
- State rank
- #20
- US rank
- #196
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hudson, OH
- County
- Summit County · 440,783 people
- City population
- 25,941
- Metro
- Akron, OH
- Population (ZIP)
- 25,941
- Household income
- $168,595
- Rent vs Own
- Severe rent burden
- 276.0
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 White (88%)
- Race & ethnicity
- White 88% Two or more races 4% Black 4% Asian 3% Hispanic / Latino 2%
- Common ancestry
- Romanian 7% Slovak 3% Lithuanian 3%
- Foreign-born
- 6% · Canada, China, South Korea
- Languages at home
- 93% English-only · Other Indo-European 1% Chinese 1% Spanish 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
- ▼ -238.26%
- Current HPI
- 218.638
- 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 |
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| Industrial Machinery | 3 | $49B |
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| Financial Services | 3 | $24B |
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| Consumer Goods | 2 | $93B |
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| Aerospace / Defense | 2 | $47B |
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| Utilities | 2 | $33B |
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Price history
+244.0% since first listed11 events — show timeline
- 2026-05-02 Listed $172,000 MLSNOW
- 2017-06-23 Sold (Public Records) $91,500 Public Records
- 2017-06-22 Sold (MLS) $91,500 MLSNOW
- 2017-05-11 Pending — MLSNOW
- 2017-04-18 Contingent — MLSNOW
- 2017-04-10 Listed $98,000 MLSNOW
- 2007-11-30 Listing Removed — MLSNOW
- 2007-11-30 Listing Removed — MLSNOW
- 2007-05-30 Listed $94,900 MLSNOW
- 2007-05-30 Listed $94,900 MLSNOW
- 1984-06-29 Sold (Public Records) $50,000 Public Records
Property tax history
+3.1%/yrLatest (2025): $2,220 · -1.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…