554 Hastings Ct · Akron, OH 44319

$299,900

3 bd · 2.5 ba · 1,538 sqft · SingleFamily public records · 30 Days on market

Built 1998 4,299 sqft lot $195/sqft · 14% above area Est $266k · 13% over $21/mo HOA · 1% of rent

---

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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• Schools +5.0/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +1.8/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 3 bedroom 2 1/2 bath home in the much desired Village at Coventry Crossing. Great neighborhood with community park with pavilion. Near hiking trails, fishing and golf course. Walk into your home with open floor plan. Nice family room with Luxury Vinyl floors looks into living room and dining room. Kitchen with newer refrigerator stove and dishwasher included walks out to the patio and vinyl privacy fence in backyard. Exclude swing set. Nice size owner's suite with walk in closet and full bath with dual vanity and tile floor. 2 car garage and full basement offers tons of storage. Don't miss out!

Key facts

• New hot water tank
• Newer roof
• Upstairs laundry

Tags

• CUSTOM MADE CABINETRY
• UPSTAIRS LAUNDRY
• NEW HOT WATER TANK
• NEWER ROOF
• LARGE DRY UNFINISHED BASEMENT
• FULLY FENCED BACKYARD

Property features AI

Finance

• HOA & community: Homeowners association: Village at Coventry Crossing; Annual association fee of $250

Exterior

• Parking: Attached garage; Two garage spaces; Paved driveway
• Utilities: Public water; Private sewer
• Home design: Two-story property; Above-grade finished area approximately 1,554 (as reported)
• Construction: Vinyl siding; Asphalt/fiberglass roof; Built (year per public records)
• Exterior features: Patio; Porch; Full vinyl fence

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bathrooms: Two full bathrooms and one half bathroom; One main-level bathroom
• Heating & cooling: Forced-air gas heating; Central air conditioning
• Interior features: Full unfinished basement; Two fireplaces
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $300k).
• Recommended offer: $295k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.0% 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.
• Coventry Local (suburban): math 52% / reading 64% proficiency, ranked #315 of 656 in OH (top 48%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 90 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
• At $4,108/mo this rent would consume 66% of the median local household income ($75k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $84k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($295k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 27y 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 $224k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $295,401 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.37% ✓
• Cap rate: 11.02%
• Cash-on-cash: 16.90%
• DSCR: 1.75
• GRM: 6.1

CMA / ARV

• ARV (median comp): $266,136
• List price: $299,900
• Delta: 12.69%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2171 Canterbury Cir	0.04mi	3/2.5	1,556 (+1%)	6mo	$309,900	$199	91
551 Picadilly Cir	0.17mi	3/2.5	1,551 (+1%)	2mo	$340,000	$219	89
2169 Stonehenge Cir	0.03mi	3/2.5	1,462 (-5%)	12mo	$228,000	$156	81
2162 Thornbury Ln	0.12mi	2/2.0 (-1)	1,586 (+3%)	2mo	$265,000	$167	80
2225 Abbey Ln	0.28mi	3/2.5	1,608 (+5%)	3mo	$322,500	$201	77
1883 Highview Ave	0.49mi	3/2.5	1,582 (+3%)	1mo	$200,000	$126	72
2173 Canterbury Cir	0.04mi	3/2.5	1,724 (+12%)	9mo	$319,000	$185	70
1832 Carter Ave	0.60mi	3/2.0	1,528 (-1%)	10mo	$199,000	$130	60
451 Selden Ave	0.71mi	3/1.5	1,447 (-6%)	8mo	$174,900	$121	46
1810 Carter Ave	0.63mi	3/1.5	1,762 (+15%)	3mo	$215,000	$122	40
632 Thoreau Ave	0.73mi	3/3.0	1,353 (-12%)	7mo	$229,900	$170	38
644 Prentiss Ave	0.63mi	3/2.0	1,312 (-15%)	10mo	$139,900	$107	36

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: 8.1%
• Equity multiple: 1.32×
• Total profit: $26,780
• Equity at exit: $44,716

10-year hold

• IRR: 17.4%
• Equity multiple: 2.44×
• Total profit: $120,535
• Equity at exit: $25,930

Cash invested: $83,972 (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 44319

• Active inventory: 90
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $4,108 medium
• Mortgage (P&I): −$1,573
• Tax from tax record: −$344 /mo · $4,127/yr
• Insurance: −$125
• HOA: −$21
• Vacancy / Maint / Mgmt: −$863
• Net cashflow: $1,183

Break-even live

Break-even rent $2,611

Max offer price $299,900

Occupancy floor 66%

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: $74,975
• Closing costs: $8,997
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
234 Mallard Point Dr Akron, OH	1.0–2.0	1.0–2.0	945	$1,530	$1.62	14d	18	1.37mi
432 N Firestone Blvd Unit 1496097P Akron, OH	4.0	2.0	1926	$6,253	$3.25	21d	1	1.49mi

HOA detail

• Monthly dues: $21 · $252/yr

Listing history 27 events

1. 2026-06-15
   statusdays on market $299,900 Pending 30 DOM
2. 2026-06-14
   days on market $299,900 Active 29 DOM
3. 2026-06-13
   days on market $299,900 Active 28 DOM
4. 2026-06-10
   days on market $299,900 Active 26 DOM
5. 2026-06-09
   days on market $299,900 Active 25 DOM
6. 2026-06-08
   days on market $299,900 Active 24 DOM
7. 2026-06-07
   days on market $299,900 Active 23 DOM
8. 2026-06-03
   days on market $299,900 Active 19 DOM
9. 2026-06-02
   days on market $299,900 Active 18 DOM
10. 2026-06-01
    days on market $299,900 Active 17 DOM
11. 2026-05-31
    days on market $299,900 Active 16 DOM
12. 2026-05-31
    days on market $299,900 Active 15 DOM
13. 2026-05-15
    listed $299,900 Active 1814-char remark
14. 2022-08-04
    soldstatus $224,000
15. 2022-08-03
    soldstatus $224,000 Closed 611-char remark

    Show marketing remark (611 chars)

    Beautiful 3 bedroom 2 1/2 bath home in the much desired Village at Coventry Crossing. Great neighborhood with community park with pavilion. Near hiking trails, fishing and golf course. Walk into your home with open floor plan. Nice family room with Luxury Vinyl floors looks into living room and dining room. Kitchen with newer refrigerator stove and dishwasher included walks out to the patio and vinyl privacy fence in backyard. Exclude swing set. Nice size owner's suite with walk in closet and full bath with dual vanity and tile floor. 2 car garage and full basement offers tons of storage. Don't miss out!

16. 2022-07-27
    status Pending 611-char remark

    Show marketing remark (611 chars)

    Beautiful 3 bedroom 2 1/2 bath home in the much desired Village at Coventry Crossing. Great neighborhood with community park with pavilion. Near hiking trails, fishing and golf course. Walk into your home with open floor plan. Nice family room with Luxury Vinyl floors looks into living room and dining room. Kitchen with newer refrigerator stove and dishwasher included walks out to the patio and vinyl privacy fence in backyard. Exclude swing set. Nice size owner's suite with walk in closet and full bath with dual vanity and tile floor. 2 car garage and full basement offers tons of storage. Don't miss out!

17. 2022-07-08
    historical Contingent 611-char remark

    Show marketing remark (611 chars)

    Beautiful 3 bedroom 2 1/2 bath home in the much desired Village at Coventry Crossing. Great neighborhood with community park with pavilion. Near hiking trails, fishing and golf course. Walk into your home with open floor plan. Nice family room with Luxury Vinyl floors looks into living room and dining room. Kitchen with newer refrigerator stove and dishwasher included walks out to the patio and vinyl privacy fence in backyard. Exclude swing set. Nice size owner's suite with walk in closet and full bath with dual vanity and tile floor. 2 car garage and full basement offers tons of storage. Don't miss out!

18. 2022-06-27
    status Active

    Show marketing remark (611 chars)

    Beautiful 3 bedroom 2 1/2 bath home in the much desired Village at Coventry Crossing. Great neighborhood with community park with pavilion. Near hiking trails, fishing and golf course. Walk into your home with open floor plan. Nice family room with Luxury Vinyl floors looks into living room and dining room. Kitchen with newer refrigerator stove and dishwasher included walks out to the patio and vinyl privacy fence in backyard. Exclude swing set. Nice size owner's suite with walk in closet and full bath with dual vanity and tile floor. 2 car garage and full basement offers tons of storage. Don't miss out!

19. 2022-06-27
    listed $225,000 Active 611-char remark

    Show marketing remark (611 chars)

    Beautiful 3 bedroom 2 1/2 bath home in the much desired Village at Coventry Crossing. Great neighborhood with community park with pavilion. Near hiking trails, fishing and golf course. Walk into your home with open floor plan. Nice family room with Luxury Vinyl floors looks into living room and dining room. Kitchen with newer refrigerator stove and dishwasher included walks out to the patio and vinyl privacy fence in backyard. Exclude swing set. Nice size owner's suite with walk in closet and full bath with dual vanity and tile floor. 2 car garage and full basement offers tons of storage. Don't miss out!

20. 2022-06-27
    historical

    Show marketing remark (611 chars)

    Beautiful 3 bedroom 2 1/2 bath home in the much desired Village at Coventry Crossing. Great neighborhood with community park with pavilion. Near hiking trails, fishing and golf course. Walk into your home with open floor plan. Nice family room with Luxury Vinyl floors looks into living room and dining room. Kitchen with newer refrigerator stove and dishwasher included walks out to the patio and vinyl privacy fence in backyard. Exclude swing set. Nice size owner's suite with walk in closet and full bath with dual vanity and tile floor. 2 car garage and full basement offers tons of storage. Don't miss out!

21. 2022-06-10
    status Pending
22. 2022-05-18
    historical Contingent
23. 2022-05-11
    listed $225,000 Active
24. 2012-03-30
    soldstatus $119,900
25. 2012-02-08
    listed $119,900
26. 1999-08-06
    historical
27. 1999-05-07
    listed $134,900

ⓘ 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: $4,127 · $344/mo
• Projected year-2 tax: $4,403 · $367/mo
• Expected delta: +$276/yr (+$23/mo · 6.7%)

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $49,294
• − Mortgage interest: −$16,799
• − Property taxes: −$4,127
• − Insurance: −$1,500
• − Repairs & maintenance: −$3,943
• − Management: −$3,943
• − HOA: −$252
• − Depreciation: −$8,724
• Taxable income: $10,005
• Est. tax owed @ 24.0%: −$2,401
• After-tax cash flow: $11,790/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: Coventry Local
• NCES district ID: 3904999
• Math proficiency: 52% ▼ -13.00%
• Reading proficiency: 64% ▼ -2.00%
• Median HH income: $52,981
• Composite: 49.66/100
• National rank: #1976
• State rank: #315 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 · 539,389 people
• City population: 174,375
• Metro: Akron, OH
• Population (ZIP): 21,469
• Household income: $74,781
• Rent vs Own: 25.6% rent · 74.4% own
• Severe rent burden: 12.4

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 (91%)
• Race & ethnicity: White 91% Two or more races 4% Black 2% Hispanic / Latino 2% Asian 2%
• Common ancestry: Romanian 5% Slovak 2% Serbian 1%
• Foreign-born: 2% · China, Vietnam
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 1% Chinese 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: ▼ -236.58%
• Current HPI: 213.2267
• 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

+122.3% since first listed

16 events — show timeline

• 2026-06-14 Pending — MLSNOW
• 2026-05-15 Listed $299,900 MLSNOW
• 2022-08-04 Sold (Public Records) $224,000 Public Records
• 2022-08-03 Sold (MLS) $224,000 MLSNOW
• 2022-07-27 Pending — MLSNOW
• 2022-07-08 Contingent — MLSNOW
• 2022-06-27 Relisted — MLSNOW
• 2022-06-27 Listing Removed — MLSNOW
• 2022-06-27 Listed $225,000 MLSNOW
• 2022-06-10 Pending — MLSNOW
• 2022-05-18 Contingent — MLSNOW
• 2022-05-11 Listed $225,000 MLSNOW
• 2012-03-30 Sold (MLS) $119,900 MLSNOW
• 2012-02-08 Listed $119,900 MLSNOW
• 1999-08-06 Listing Removed — MLSNOW
• 1999-05-07 Listed $134,900 MLSNOW

Property tax history

+2.8%/yr

Latest (2025): $4,127 · -0.0% YoY. Source: county tax records.