10328 Wellman Rd #87 · Streetsboro, OH 44236

$65,000

3 bd · 2.0 ba · 1,500 sqft · SingleFamily · 10 Days on market

Built 2012 Good condition 1,524 sqft lot

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Why this score? — see what drove the B 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Livability +3.9/5.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this spacious 2005 Fairmont Triumph mobile home located in the Hidden Lakes Community and served by the Hudson City School District. Offering approximately 1,500 square feet of living space, this well-maintained home features 3 bedrooms and 2 full bathrooms with a functional layout. Recent updates include a new roof (July 2024), new furnace (2025), and updated kitchen light fixtures (2024). All kitchen appliances, along with the window A/C unit, will convey with the sale, making this home move-in ready. Enjoy affordable homeownership in a convenient location with easy access to shopping, dining, parks, and major roadways. Sale is contingent upon buyer approval by park management.

Key facts

• Move-in ready
• New furnace
• New roof

Tags

• NEW ROOF
• NEW FURNACE
• UPDATED KITCHEN LIGHT FIXTURES
• MOVE-IN READY
• EASY ACCESS TO SHOPPING
• EASY ACCESS TO DINING

Property features AI

Finance

• Other: Above-grade finished area reported by owner
• Financial info: Has land lease (monthly land lease applies)
• HOA & community: Association management included in association fee; Community playground

Exterior

• Parking: No garage; Off-street paved parking pad
• Utilities: Public water; Public sewer; Energy-efficient appliances; Energy-efficient water heater; Low-flow plumbing fixtures
• Home design: Single-story home; Updated/remodeled condition; Entry level on main floor
• Construction: Built (year per public records); Frame construction; Vinyl and wood siding; Blown-in insulation; Asphalt/fiberglass roof; Slab foundation
• Exterior features: Back yard; Corner lot; Wooded lot; Wrought-iron fencing; Shed(s)

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 main-level bedrooms
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Forced air heating; Ceiling fans; Wall/window cooling units
• Interior features: Ceiling fans; Eat-in kitchen; Kitchen island; Pantry; Soaking tub; Walk-in closets; Drapes; Window screens; Skylights; Shutters
• Laundry & utility: Main-level laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $65k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($17k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $65k).
• Cap rate 32.5% 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: 95 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 196 units permitted in Portage County in 2024 (10 in 5+ unit buildings).
• This rent is only 17% 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 $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $65,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 3.64% ✓
• Cap rate: 32.47%
• Cash-on-cash: 93.51%
• DSCR: 5.16
• GRM: 2.3

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: 94.3%
• Equity multiple: 5.39×
• Total profit: $79,826
• Equity at exit: $9,692

10-year hold

• IRR: 97.1%
• Equity multiple: 11.22×
• Total profit: $185,962
• Equity at exit: $5,620

Cash invested: $18,200 (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 44236

• Active inventory: 95
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $2,364 medium
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$496
• Net cashflow: $1,418

Break-even live

Break-even rent $569

Max offer price $65,000

Occupancy floor 35%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
725 Bridgeport Ave Streetsboro, OH	2.0–3.0	1.0–2.0	1221	$1,930	$1.58	14d	25	1.13mi
889 Holborn Rd Streetsboro, OH	3.0	2.5	2110	$2,750	$1.30	44d	1	1.39mi
872 W Kensington Ln Streetsboro, OH	2.0	1.5	1099	$1,500	$1.36	14d	1	1.46mi

Listing history 9 events

1. 2026-06-18
   days on market $65,000 Active 10 DOM
2. 2026-06-17
   days on market $65,000 Active 9 DOM
3. 2026-06-16
   days on market $65,000 Active 8 DOM
4. 2026-06-15
   days on market $65,000 Active 7 DOM
5. 2026-06-14
   days on market $65,000 Active 5 DOM
6. 2026-06-13
   days on market $65,000 Active 4 DOM
7. 2026-06-10
   days on market $65,000 Active 2 DOM
8. 2026-06-09
   remarks 699-char remark
9. 2026-06-09
   listed $65,000 Active 1 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,365
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$2,269
• − Management: −$2,269
• − Depreciation: −$1,891
• Taxable income: $16,995
• Est. tax owed @ 24.0%: −$4,079
• After-tax cash flow: $12,939/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 · 12 photos

Good 75/100 Cosmetic rehab

This 2005 Fairmont Triumph mobile home is well-maintained and move-in ready, with recent updates including a new roof and furnace. It offers a good condition score and is ready for a fresh coat of paint and carpet replacement to further enhance its resale and rental value.

Value-add opportunities

• Resale paint exterior — enhances curb appeal
• Resale replace carpet — improves comfort and appearance
• Both update kitchen appliances — modernizes space and adds value

Renovation cost estimate screening

Value-add ROI direction

• Resale paint exterior — enhances curb appeal ↑
• Resale replace carpet — improves comfort and appearance ↑
• Both update kitchen appliances — modernizes space and adds value ↑

ⓘ 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: Summit County · 440,783 people
• City population: 18,355
• 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 (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 (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 · 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: ▼ -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
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

1 event — show timeline

• 2026-06-08 Listed $65,000 MLSNOW