325 Denali Ct · Macedonia, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 2/10 · Minimal
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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
- ARV discount +10.4/15.0
- DSCR +10.0/10.0
- 1% rule +9.3/10.0
- Schools +6.6/10.0
- Livability +4.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$459,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Nestled within the prestigious Reserve at North Woods, this exquisite 2020-built Colonial strikes the perfect balance between modern sophistication and suburban serenity. The home welcomes you with a sun-drenched open layout where the gourmet kitchen and expansive living areas flow effortlessly together, creating an inviting atmosphere for both intimate evenings and grand entertaining. A private home office and a chic powder room complete the main level, while the second floor serves as a dedicated sanctuary, featuring a sprawling primary suite with a modern bath and a massive walk-in closet. Two additional generous bedrooms, a secondary full bath, and a versatile loft which is perfect for
Key facts
- Gourmet kitchen
- Versatile loft
- Private home office
Tags
Property features AI
Finance
- HOA & community: Homeowners association: The Reserve at North Woods; HOA fee $110 monthly; HOA covers grounds maintenance, reserve fund, and snow removal
Exterior
- Parking: Attached garage; 2 garage spaces
- Utilities: Public water; Public sewer
- Home design: 2-story home; Stone and vinyl siding exterior; Asphalt fiberglass roof
- Construction: Built (year per public records); Stone and vinyl siding construction; Asphalt/fiberglass roof; Full basement foundation
- Exterior features: Paved driveway; Lot approximately 0.198 acres
Interior
- Kitchen: Dishwasher; Microwave; Range; Refrigerator
- Bathrooms: 2 full bathrooms; 1 half bathroom; 1 main level bathroom
- Heating & cooling: Central air conditioning; Forced air heating (gas)
- Interior features: Full basement; One fireplace
- Laundry & utility: Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath single-family listed at $459k.
Deal economics
- At list price, monthly cash flow is $2k ($22k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($7k rent vs $459k).
- Cap rate 11.2% vs local median 3.4% in Macedonia — 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 80/100 on livability (#117 in OH, #1,729 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, employment A+; Watch: amenities F, commute F.
- Nordonia Hills City (suburban): math 72% / reading 79% proficiency, ranked #71 of 656 in OH (top 11%) — strong family-tenant draw, lease renewals of 3-5y typical; only 17% free/reduced lunch — higher-income household profile.
- Market conditions: 29 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
- At $6,547/mo this rent would consume 73% of the median local household income ($108k/yr) (locally 19% of renters already pay >50% of income on rent) — 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 $3k of loan paydown is wiped out by about $14k 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 $129k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
- 2 sale attempts since 6y 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.
Questions for the listing agent
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.43% ✓
- Cap rate
- 11.16%
- Cash-on-cash
- 17.37%
- DSCR
- 1.77
- GRM
- 5.8
CMA / ARV
- ARV (median comp)
- $490,475
- List price
- $459,000
- Delta
- -6.42%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 325 Denali Ct | 0.00mi | 3/2.5 | 2,466 (0%) | 0mo | $475,000 | $193 | 100 |
| 8671 Tahoe Dr | 0.07mi | 3/2.5 | 2,466 (0%) | 17mo | $480,000 | $195 | 82 |
| 684 Jaystone Pl | 0.28mi | 3/2.5 | 2,308 (-6%) | 1mo | $392,500 | $170 | 75 |
| 8695 Tahoe Dr | 0.07mi | 3/2.5 | 2,402 (-3%) | 24mo | $448,000 | $187 | 73 |
| 8720 Crestview Dr | 0.19mi | 3/2.5 | 2,230 (-10%) | 4mo | $383,000 | $172 | 72 |
| 8497 Tahoe Dr | 0.27mi | 4/2.5 (+1) | 2,602 (+6%) | 2mo | $505,000 | $194 | 72 |
| 320 Denali Ct | 0.03mi | 3/2.5 | 2,730 (+11%) | 12mo | $490,000 | $179 | 71 |
| 8503 Tahoe Dr | 0.26mi | 3/2.5 | 2,690 (+9%) | 16mo | $493,000 | $183 | 60 |
| 437 Partridge Ct | 0.20mi | 4/3.5 (+1) | 2,277 (-8%) | 14mo | $400,000 | $176 | 58 |
| 8555 Primrose Ln | 0.19mi | 4/3.5 (+1) | 2,190 (-11%) | 8mo | $394,000 | $180 | 57 |
| 8958 Manor Ct | 0.48mi | 4/3.5 (+1) | 2,100 (-15%) | 10mo | $425,000 | $202 | 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
- IRR
- 8.8%
- Equity multiple
- 1.34×
- Total profit
- $44,274
- Equity at exit
- $68,438
- IRR
- 18.0%
- Equity multiple
- 2.49×
- Total profit
- $191,848
- Equity at exit
- $39,686
Cash invested: $128,520 (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
ZIP-level market 44056
- Active inventory
- 29
- Price-to-rent
- 5.8×
Monthly cashflow live
- Estimated rent
- $6,547 medium interval (Pro) →
- Mortgage (P&I)
- −$2,407
- Tax from tax record
- −$604 /mo · $7,246/yr
- Insurance
- −$191
- HOA
- −$110
- Vacancy / Maint / Mgmt
- −$1,375
- Net cashflow
- $1,860
Break-even live
Sensitivity live
| Price | -10% $2,120 | -5% $1,990 | +0% $1,860 | +5% $1,730 | +10% $1,600 |
|---|---|---|---|---|---|
| Rent | -10% $1,343 | -5% $1,601 | +0% $1,860 | +5% $2,119 | +10% $2,377 |
| Rate | -1.0pp $2,091 | -0.5pp $1,977 | base $1,860 | +0.5pp $1,741 | +1.0pp $1,620 |
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
- $114,750
- Closing costs
- $13,770
- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 185 Heights Ave Unit 1496098P Northfield, OH | 4.0 | 2.0 | 1603 | $6,547 | $4.08 | 2d | 1 | 1.42mi |
HOA detail
- Monthly dues
- $110 · $1,320/yr
Listing history 6 events
-
2026-05-17status Pending 1306-char remark
-
2026-05-14$459,000 Active 1306-char remark
-
2020-10-30soldstatus $381,340 Closed
-
2020-06-14$381,340
-
2020-06-14historical
-
2020-02-25soldstatus $66,836
ⓘ 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
- $7,246 · $604/mo
- Projected year-2 tax
- $7,246 · $604/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 2/10 Low 7 d/yr ≥96°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $78,564
- − Mortgage interest
- −$25,711
- − Property taxes
- −$7,246
- − Insurance
- −$2,295
- − Repairs & maintenance
- −$6,285
- − Management
- −$6,285
- − HOA
- −$1,320
- − Depreciation
- −$13,353
- Taxable income
- $16,069
- Est. tax owed @ 24.0%
- −$3,857
- After-tax cash flow
- $18,464/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
- Nordonia Hills City
- NCES district ID
- 3905004
- Math proficiency
- 72% ▼ -9.00%
- Reading proficiency
- 79% ▼ -3.00%
- Median HH income
- $74,658
- Composite
- 66.26/100
- National rank
- #428
- State rank
- #71 of 656 in OH
Livability — Macedonia
- Score
- 80/100
- State rank
- #117
- US rank
- #1729
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Macedonia, OH
- County
- Summit · 539,389 people
- City population
- 12,142
- Metro
- Akron, OH
- Population (ZIP)
- 12,142
- Household income
- $108,059
- Rent vs Own
- Severe rent burden
- 19.3
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 (77%)
- Race & ethnicity
- White 77% Black 12% Asian 7% Two or more races 4% Hispanic / Latino 2%
- Common ancestry
- Romanian 10% Scotch-Irish 1% Slovak 1%
- Foreign-born
- 6% · Vietnam, Canada
- Languages at home
- 93% English-only · Other Indo-European 3% Vietnamese 1% Arabic 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
- ▼ -117.35%
- Current HPI
- 199.0231
- 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 |
|
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| Consumer Goods | 2 | $93B |
|
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| Aerospace / Defense | 2 | $47B |
|
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| Utilities | 2 | $33B |
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Price history
+610.7% since first listed7 events — show timeline
- 2026-06-16 Sold (MLS) $475,000 MLSNOW
- 2026-05-17 Pending — MLSNOW
- 2026-05-14 Listed $459,000 MLSNOW
- 2020-10-30 Sold (MLS) $381,340 MLSNOW
- 2020-06-14 Listing Removed — MLSNOW
- 2020-06-14 Listed $381,340 MLSNOW
- 2020-02-25 Sold (Public Records) $66,836 Public Records
Property tax history
+96.5%/yrLatest (2025): $7,246 · +11.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…