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469 W Streetsboro St Unit C
C- Composite 53.02
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

469 W Streetsboro St Unit C · Hudson, OH 44236
2 bd · 2.0 ba · 1,175 sqft · Condo public records · 47 Days on market
Built 1971 $527/mo HOA · 24% of rent

🖨 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

SECURED BUILDINGLARGE LIVING AREAPRIVATE FULL BATHROOMWALK-IN SHOWERBUILT-IN SHELVINGMULTIPLE CLOSETS

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

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 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.
Recommended offer $162,960 (3.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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 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

5-year hold
IRR
-13.4%
Equity multiple
0.52×
Total profit
$-22,649
Equity at exit
$25,049
10-year hold
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
3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

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

Break-even rent $2,105
Max offer price $168,000
Occupancy floor 92%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $168,000 Active 47 DOM
  2. 2026-06-17
    days on market $168,000 Active 46 DOM
  3. 2026-06-16
    days on market $168,000 Active 45 DOM
  4. 2026-06-15
    days on market $168,000 Active 44 DOM
  5. 2026-06-14
    days on market $168,000 Active 42 DOM
  6. 2026-06-10
    days on market $168,000 Active 39 DOM
  7. 2026-06-09
    days on market $168,000 Active 38 DOM
  8. 2026-06-09
    price $168,000 Active 37 DOM
  9. 2026-06-08
    days on market $172,000 Active 37 DOM
  10. 2026-06-07
    days on market $172,000 Active 36 DOM
  11. 2026-06-03
    days on market $172,000 Active 32 DOM
  12. 2026-06-02
    days on market $172,000 Active 31 DOM
  13. 2026-06-01
    days on market $172,000 Active 30 DOM
  14. 2026-05-31
    days on market $172,000 Active 29 DOM
  15. 2026-05-31
    days on market $172,000 Active 28 DOM
  16. 2026-05-02
    listed $172,000 Active
  17. 2017-06-23
    soldstatus $91,500
  18. 2017-06-22
    soldstatus $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.

  19. 2017-05-11
    status 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.

  20. 2017-04-18
    historical 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.

  21. 2017-04-10
    listed $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.

  22. 2007-11-30
    historical
  23. 2007-11-30
    historical
  24. 2007-05-30
    listed $94,900
  25. 2007-05-30
    listed $94,900
  26. 1984-06-29
    soldstatus $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

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

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
10.5% rent · 89.5% 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

Price history

+244.0% since first listed
11 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%/yr

Latest (2025): $2,220 · -1.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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