581 Baldwin Rd · Akron, OH 44312

$79,900

2 bd · 1.0 ba · 913 sqft · SingleFamily public records

Built 1920 7,200 sqft lot Est $150k · 47% under

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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 +20.4/30.0
• ARV discount +15.0/15.0
• 1% rule +7.7/10.0
• DSCR +6.5/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Tons of potential in this Ellet ranch! Spacious living area and a nice sized kitchen with eating area make it an excellent option. The = lot extends beyond the 1 car garage w concrete floor. There is a patio out back that leads to the rear door of the home and out front there is a large covered patio. Dimensional Shingle roof. The eat in kitchen has a nice sized eating area along with good cabinet storage. The living area is very large for a 2 bedroom home and included a brick decorative fireplace. 2 Bedrooms and a full bathroom on the main level. There is a full basement including a laundry area. The home is being sold AS IS including all contents inside of the home. Seller reserves the ri

Key facts

• 7,200 sq ft lot
• Garage
• Built 1920

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $104 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).

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: 137 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $552 of loan paydown is wiped out by about $2k 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 0 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 3.7% of price; built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $79,900

Questions for the listing agent

1. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.27% ✓
• Cap rate: 7.86%
• Cash-on-cash: 5.59%
• DSCR: 1.25
• GRM: 6.6

CMA / ARV

• ARV (on-the-fly): $149,732
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
581 Baldwin Rd	0.00mi	2/1.0	913 (0%)	1mo	$69,500	$76	99
614 Stanley Rd	0.28mi	2/1.0	913 (0%)	1mo	$150,000	$164	86
1867 Triplett Blvd	0.13mi	2/1.5	1,016 (+11%)	2mo	$155,000	$153	72
581 Stanley Rd	0.29mi	3/2.0 (+1)	980 (+7%)	3mo	$193,000	$197	62
547 Lansing Rd	0.37mi	3/2.0 (+1)	960 (+5%)	7mo	$180,000	$188	59
545 Hillman Rd	0.25mi	3/1.0 (+1)	1,040 (+14%)	2mo	$187,500	$180	59
636 Woodstock Rd	0.58mi	2/1.0	960 (+5%)	7mo	$134,900	$141	58
451 Fulmer Ave	0.30mi	3/1.5 (+1)	1,040 (+14%)	1mo	$215,000	$207	54
586 Ingalls Rd	0.53mi	3/2.0 (+1)	960 (+5%)	6mo	$182,000	$190	53
597 Hillman Rd	0.24mi	3/2.0 (+1)	1,040 (+14%)	8mo	$163,500	$157	50
364 Stanley Rd	0.49mi	3/1.0 (+1)	805 (-12%)	7mo	$100,000	$124	46
1835 Penthley Ave	0.58mi	3/1.0 (+1)	1,040 (+14%)	4mo	$155,000	$149	42

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: -7.5%
• Equity multiple: 0.72×
• Total profit: $-6,207
• Equity at exit: $11,913

10-year hold

• IRR: 2.2%
• Equity multiple: 1.16×
• Total profit: $3,566
• Equity at exit: $6,908

Cash invested: $22,372 (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 44312

• Active inventory: 137
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,016 high
• Mortgage (P&I): −$419
• Tax from tax record: −$246 /mo · $2,954/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$213
• Net cashflow: $104

Break-even live

Break-even rent $884

Max offer price $79,900

Occupancy floor 85%

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1920 Garden Ct S Akron, OH	2.0	1.0	800	$1,019	$1.27	14d	1	0.74mi
551 Baltimore Ave Akron, OH	2.0	1.0	588	$850	$1.45	23d	1	0.93mi
551 Baltimore Ave Unit 551 Akron, OH	2.0	1.0	588	$850	$1.45	43d	1	0.94mi
779 Anderson Ave Apt 11 Akron, OH	2.0	1.0	900	$900	$1.00	23d	1	0.97mi
779 Anderson Ave Apt 10 Akron, OH	2.0	1.0	900	$900	$1.00	14d	1	0.97mi
779 Anderson Ave Apt 11 Akron, OH	2.0	1.0	900	$900	$1.00	43d	1	0.97mi
769 Anderson Ave #6 Akron, OH	1.0	1.0	600	$785	$1.31	14d	1	0.97mi
783 Anderson Ave Apt 10 Akron, OH	2.0	1.0	900	$900	$1.00	14d	1	0.98mi
783 Anderson Ave Apt 5 Akron, OH	2.0	1.0	900	$900	$1.00	43d	1	0.98mi
794 Anderson Ave #9 Akron, OH	1.0	1.0	600	$785	$1.31	23d	1	1.01mi
780 Anderson Ave #13 Akron, OH	1.0	1.0	700	$785	$1.12	43d	1	1.01mi
780 Anderson Ave #12 Akron, OH	1.0	1.0	700	$785	$1.12	14d	1	1.01mi
778 Ravenswood St Akron, OH	2.0	1.0	616	$1,150	$1.87	23d	1	1.21mi
931 Crestline Dr Akron, OH	3.0	1.0	976	$1,550	$1.59	14d	1	1.22mi
1628 E Market St Akron, OH	2.0	1.0	800	$850	$1.06	43d	1	1.26mi
1125 Georgia Ave Akron, OH	3.0	1.0	1060	$1,300	$1.23	14d	1	1.27mi
1093 Georgia Ave Akron, OH	2.0	1.0	752	$1,103	$1.47	14d	1	1.33mi
920 Clement St Akron, OH	2.0	1.0	940	$995	$1.06	14d	1	1.36mi
2612 Leland Ave Unit Left/Down Akron, OH	2.0	1.0	572	$850	$1.49	21d	1	1.36mi
1078 Lindsay Ave Akron, OH	3.0	2.0	1005	$1,350	$1.34	43d	1	1.38mi
1055 Neville Ave Akron, OH	2.0	1.0	600	$700	$1.17	43d	1	1.41mi
668 Roscoe Ave Akron, OH	2.0	1.0	720	$875	$1.22	43d	1	1.44mi
1017 Neville Ave Akron, OH	2.0	1.0	600	$675	$1.12	43d	1	1.49mi

Listing history 2 events

1. 2026-05-05
   historical
2. 2026-05-04
   listed $79,900

ⓘ 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: $2,954 · $246/mo
• Projected year-2 tax: $2,954 · $246/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 ≥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: $12,192
• − Mortgage interest: −$4,476
• − Property taxes: −$2,954
• − Insurance: −$400
• − Repairs & maintenance: −$975
• − Management: −$975
• − Depreciation: −$2,324
• Taxable income: $88
• Est. tax owed @ 24.0%: −$21
• After-tax cash flow: $1,229/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
• Metro: Akron, OH
• Population (ZIP): 30,280
• Household income: $65,480
• Rent vs Own: 23.5% rent · 76.5% own
• Severe rent burden: 483.0

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 (90%)
• Race & ethnicity: White 90% Two or more races 5% Black 3% Hispanic / Latino 2%
• Common ancestry: Romanian 3% Slovak 2% Serbian 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2% Russian/Polish/Slavic 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: ▼ -203.00%
• Current HPI: 197.5988
• 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

2 events — show timeline

• 2026-05-05 Listing Removed — MLSNOW
• 2026-05-04 Listed $79,900 MLSNOW

Property tax history

+8.2%/yr

Latest (2025): $2,954 · +15.1% YoY. Source: county tax records.