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598 Morningview Ave
C Composite 59.87
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 +20.5/30.0
  • ARV discount +15.0/15.0
  • DSCR +6.5/10.0
  • 1% rule +5.6/10.0
  • Livability +4.0/5.0
  • Rent growth +3.6/5.0
  • Condition / age +2.5/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$99,900

598 Morningview Ave · Akron, OH 44305
2 bd · 1.0 ba · 804 sqft · SingleFamily public records · 7 Days on market
Built 1943 5,601 sqft lot Est $124k · 19% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

DELIGHTFUL RANCH - many updates - replaced windows - new siding & roof - furnace & c/a approx. 12 yrs - electric updated - fenced yard - remodeled 12x14 kitchen with range, refrigerator & microwave - hardwood floors under carpet - updated bath - nice covered deck - rec room 11x30 with gas heater.

Key facts

  • Cozy eat-in area
  • Wood paneling
  • Hardwood cabinetry

Tags

EXPOSED BEAM CEILINGSWOOD PANELINGHARDWOOD CABINETRYCOZY EAT-IN AREAFULLY FINISHED BASEMENTEXPOSED BRICK ACCENTS

Property features AI

Exterior

  • Parking: Detached garage (1 car)
  • Utilities: Public water; Public sewer
  • Home design: Single-story; Entry level main floor
  • Construction: Built per public records; Aluminum siding; Vinyl siding; Asphalt shingle roof; Finished area below grade (estimated); Finished area above grade (assessor)
  • Exterior features: Public water; Public sewer

Interior

  • Kitchen: Dishwasher; Microwave; Range; Refrigerator
  • Bedrooms: 2 main-level bedrooms
  • Bathrooms: 1 full bathroom (main level)
  • Heating & cooling: Forced air heating; Central air conditioning
  • Interior features: Ceiling fan(s); Partially finished full basement
  • Laundry & utility: Laundry on lower level

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/1.0-bath single-family listed at $100k.

Deal economics

  • At list price, monthly cash flow is $131 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $100k).

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: Rents rising fast (+4.5%/yr); 101 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k 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

  • Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 12y 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 $62k; list at $100k implies a 61% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1943 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $99,900

Questions for the listing agent

  1. Built in 1943 — 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
1.06%
Cap rate
7.87%
Cash-on-cash
5.62%
DSCR
1.25
GRM
7.9

CMA / ARV

ARV (on-the-fly)
$123,816
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1465 Laffer Ave 0.60mi 2/1.0 792 (-2%) 0mo $109,900 $139 69
1887 Goodyear Blvd 0.16mi 2/1.0 720 (-10%) 10mo $100,000 $139 66
472 Saint Leger Ave 0.24mi 2/1.0 864 (+8%) 13mo $111,900 $130 65
335 Watson St 0.51mi 2/1.0 800 (-0%) 13mo $123,000 $154 65
1615 Romona Rd 0.61mi 2/1.0 824 (+2%) 6mo $136,000 $165 62
475 Sumatra Ave 0.24mi 2/1.0 888 (+10%) 12mo $148,000 $167 61
475 Sullivan Ave 0.70mi 2/2.0 800 (-0%) 2mo $128,000 $160 61
1865 Goodyear Blvd 0.21mi 2/1.0 690 (-14%) 8mo $90,000 $130 60
466 The Brooklands 0.30mi 2/2.0 720 (-10%) 6mo $125,000 $174 60
570 Mohawk Ave 0.45mi 2/1.0 720 (-10%) 3mo $103,000 $143 59
1484 Tonawanda Ave 0.31mi 2/2.0 720 (-10%) 12mo $112,000 $156 54
1345 Ottawa Ave 0.64mi 2/1.0 832 (+4%) 13mo $122,700 $147 53

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 · 4.51% rent growth · sell at horizon

5-year hold
IRR
-5.9%
Equity multiple
0.78×
Total profit
$-6,182
Equity at exit
$14,895
10-year hold
IRR
5.6%
Equity multiple
1.44×
Total profit
$12,376
Equity at exit
$8,638

Cash invested: $27,972 (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.

ZIP-level market 44305

Rents YoY
4.5%
Active inventory
101
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$1,058 high interval (Pro) →
Mortgage (P&I)
$524
Tax from tax record
$139 /mo · $1,674/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$222
Net cashflow
$131

Break-even live

Break-even rent $892
Max offer price $99,900
Occupancy floor 83%

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
$24,975
Closing costs
$2,997
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 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1635 Bronson Rd Akron, OH 3.0 1.0 1110 $1,245 $1.12 14d 1 0.52mi
1318 Arnold Ave Akron, OH 3.0 1.0 1056 $1,450 $1.37 43d 1 0.70mi
243 Watson St Akron, OH 2.0 1.0 750 $950 $1.27 43d 1 0.71mi
1820 Malasia Rd Akron, OH 2.0 1.0 741 $895 $1.21 21d 1 0.75mi
1820 Malasia Rd Unit 2 Akron, OH 2.0 1.0 741 $925 $1.25 43d 1 0.75mi
481 Tompkins Ave Akron, OH 2.0 1.0 800 $749 $0.94 14d 1 0.86mi
1050 Brittain Rd Akron, OH 1.0 1.0 700 $785 $1.12 43d 1 0.93mi
1044 Brittain Rd Unit 1050 Akron, OH 1.0 1.0 700 $785 $1.12 43d 1 0.93mi
857 Kennebec Ave Akron, OH 3.0 1.0 1008 $1,350 $1.34 44d 1 0.95mi
676 Grifton Ave Akron, OH 2.0 1.0 703 $1,000 $1.42 43d 1 0.99mi
680 Grifton Ave Akron, OH 2.0 1.0 828 $1,050 $1.27 23d 1 0.99mi
237 Kryder Ave Unit 237 Akron, OH 2.0 1.0 860 $850 $0.99 44d 1 1.01mi
1428 Sara Ave Akron, OH 2.0 1.0 1080 $1,050 $0.97 14d 1 1.05mi
1190 Hazel St Akron, OH 3.0 1.0 1124 $1,425 $1.27 43d 1 1.07mi
2323 Newton St Unit 4 Akron, OH 2.0 1.0 780 $895 $1.15 23d 1 1.16mi
2323 Newton St Unit 4 Akron, OH 2.0 1.0 780 $895 $1.15 14d 1 1.16mi
208 Barder Ave Akron, OH 3.0 1.0 924 $1,050 $1.14 43d 1 1.16mi
1628 E Market St Akron, OH 2.0 1.0 800 $850 $1.06 43d 1 1.26mi
2275 Eastwood Ave Akron, OH 1.0 1.0 675 $878 $1.30 14d 2 1.32mi
72 S Thomas Rd Tallmadge, OH 2.0 1.5 1100 $1,295 $1.18 43d 1 1.46mi
72 S Thomas Rd Unit 12 Tallmadge, OH 2.0 1.5 1100 $1,295 $1.18 14d 1 1.47mi
109 Kent Ct Akron, OH 2.0 1.0 1032 $1,142 $1.11 23d 1 1.50mi

Listing history 8 events

  1. 2026-06-18
    status $99,900 Pending 7 DOM
  2. 2026-06-18
    days on market $99,900 Active 7 DOM
  3. 2026-06-17
    days on market $99,900 Active 6 DOM
  4. 2026-06-16
    days on market $99,900 Active 5 DOM
  5. 2026-06-15
    days on market $99,900 Active 4 DOM
  6. 2026-06-14
    days on market $99,900 Active 2 DOM
  7. 2026-06-13
    remarks 681-char remark
  8. 2026-06-13
    listed $99,900 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
$1,674 · $139/mo
Projected year-2 tax
$1,674 · $139/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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
$12,700
− Mortgage interest
−$5,596
− Property taxes
−$1,674
− Insurance
−$500
− Repairs & maintenance
−$1,016
− Management
−$1,016
− Depreciation
−$2,906
Taxable loss
−$7
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2
After-tax cash flow
$1,575/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)
21,103
Household income
$52,768
Rent vs Own
42.7% rent · 57.3% own
Severe rent burden
1021.0

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
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
White 62% Black 20% Two or more races 12% Asian 5% Hispanic / Latino 2%
Common ancestry
Lithuanian 3% Slovak 2% Romanian 2%
Foreign-born
4% · India, Philippines, Canada
Languages at home
94% English-only · Other Asian/Pacific 3% Other Indo-European 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
▼ -140.39%
Current HPI
190.6223
Rent YoY
▲ 4.51%
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

+77.8% since first listed
6 events — show timeline
  • 2026-06-11 Listed $99,900 MLSNOW
  • 2014-11-20 Sold (Public Records) $62,000 Public Records
  • 2014-11-20 Sold (MLS) $62,000 MLSNOW
  • 2014-10-15 Listing Removed MLSNOW
  • 2014-04-24 Listed $64,900 MLSNOW
  • 2011-11-16 Sold (Public Records) $56,190 Public Records

Property tax history

+5.9%/yr

Latest (2025): $1,674 · +57.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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