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804 Kirkwall Dr
D+ Composite 48.93
Why this score? — see what drove the D+ 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 +14.2/30.0
  • ARV discount +7.5/15.0
  • 1% rule +7.1/10.0
  • Schools +6.8/10.0
  • DSCR +4.3/10.0
  • Livability +4.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$169,900

804 Kirkwall Dr · Akron, OH 44321
3 bd · 2.0 ba · 1,344 sqft · Condo public records · 6 Days on market
Built 1981 $453/mo HOA · 22% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Introducing a stunning remodeled condo that is sure to exceed your expectations! This modern and stylish, highly sought after 3 Bedroom unit features a brand new kitchen with appliances. The bathrooms have been tastefully updated, boasting a contemporary design and high-end features. Master Bedroom offers a private full bath. Step onto the new carpet and luxury vinyl plank flooring, providing both comfort and durability. The entire space has been given a fresh coat of paint, creating a bright and inviting atmosphere. With its open floorplan, this condo offers a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests. Lots of storage! 1 Car garage. Don't miss the opportunity to own this impeccable condo that combines comfort, style, and functionality. Nothing to do but move in and relax in the community pool!

Key facts

  • Community pool
  • Private patio
  • Updated kitchen

Tags

COPLEY VILLAGE COMMUNITYUPDATED KITCHENPRIVATE PATIOWOOD-BURNING FIREPLACEMAIN-FLOOR LAUNDRYCOMMUNITY POOL

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 3-bed/2.0-bath condo listed at $170k.

Deal economics

  • At list price, monthly cash flow is $27 ($328/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $170k).

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.
  • Copley-Fairlawn City (suburban): math 77% / reading 79% proficiency, ranked #58 of 656 in OH (top 9%) — strong family-tenant draw, lease renewals of 3-5y typical; only 15% free/reduced lunch — higher-income household profile.
  • Market conditions: 75 active listings in the ZIP; 1 comparable units currently listed for rent nearby; high-income renter base; 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 $1k of loan paydown is wiped out by about $5k 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 6 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 2y 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.

Risks & watch-outs

  • Watch-outs: HOA is 22% of rent.
Recommended offer $169,900

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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. 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.
  7. 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.
  8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.21%
Cap rate
6.49%
Cash-on-cash
0.69%
DSCR
1.03
GRM
6.9

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
-15.0%
Equity multiple
0.46×
Total profit
$-25,499
Equity at exit
$25,333
10-year hold
IRR
-6.1%
Equity multiple
0.61×
Total profit
$-18,771
Equity at exit
$14,690

Cash invested: $47,572 (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 44321

Active inventory
75
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$2,062 medium interval (Pro) →
Mortgage (P&I)
$891
Tax from tax record
$187 /mo · $2,245/yr
Insurance
$71
HOA
$453
Vacancy / Maint / Mgmt
$433
Net cashflow
$27

Break-even live

Break-even rent $2,028
Max offer price $169,900
Occupancy floor 94%

Sensitivity live

Price -10% $123 -5% $75 +0% $27 +5% $-21 +10% $-69
Rent -10% $-136 -5% $-54 +0% $27 +5% $109 +10% $190
Rate -1.0pp $113 -0.5pp $71 base $27 +0.5pp $-17 +1.0pp $-62

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
$42,475
Closing costs
$5,097
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1335 Vale Dr Akron, OH 2.0–3.0 1.5–2.0 1100 $1,600 $1.45 45d 1 0.25mi

HOA detail condo

Monthly dues
$453 · $5,436/yr
Likely covers
cablepool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 14 events

  1. 2026-04-28
    status Pending
  2. 2026-04-22
    listed $169,900 Active
  3. 2024-08-16
    soldstatus $159,000 Closed 856-char remark
    Show marketing remark (856 chars)

    Introducing a stunning remodeled condo that is sure to exceed your expectations! This modern and stylish, highly sought after 3 Bedroom unit features a brand new kitchen with appliances. The bathrooms have been tastefully updated, boasting a contemporary design and high-end features. Master Bedroom offers a private full bath. Step onto the new carpet and luxury vinyl plank flooring, providing both comfort and durability. The entire space has been given a fresh coat of paint, creating a bright and inviting atmosphere. With its open floorplan, this condo offers a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests. Lots of storage! 1 Car garage. Don't miss the opportunity to own this impeccable condo that combines comfort, style, and functionality. Nothing to do but move in and relax in the community pool!

  4. 2024-08-16
    soldstatus $159,000
    Show marketing remark (856 chars)

    Introducing a stunning remodeled condo that is sure to exceed your expectations! This modern and stylish, highly sought after 3 Bedroom unit features a brand new kitchen with appliances. The bathrooms have been tastefully updated, boasting a contemporary design and high-end features. Master Bedroom offers a private full bath. Step onto the new carpet and luxury vinyl plank flooring, providing both comfort and durability. The entire space has been given a fresh coat of paint, creating a bright and inviting atmosphere. With its open floorplan, this condo offers a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests. Lots of storage! 1 Car garage. Don't miss the opportunity to own this impeccable condo that combines comfort, style, and functionality. Nothing to do but move in and relax in the community pool!

  5. 2024-08-04
    status Pending 856-char remark
    Show marketing remark (856 chars)

    Introducing a stunning remodeled condo that is sure to exceed your expectations! This modern and stylish, highly sought after 3 Bedroom unit features a brand new kitchen with appliances. The bathrooms have been tastefully updated, boasting a contemporary design and high-end features. Master Bedroom offers a private full bath. Step onto the new carpet and luxury vinyl plank flooring, providing both comfort and durability. The entire space has been given a fresh coat of paint, creating a bright and inviting atmosphere. With its open floorplan, this condo offers a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests. Lots of storage! 1 Car garage. Don't miss the opportunity to own this impeccable condo that combines comfort, style, and functionality. Nothing to do but move in and relax in the community pool!

  6. 2024-06-16
    historical Contingent 856-char remark
    Show marketing remark (856 chars)

    Introducing a stunning remodeled condo that is sure to exceed your expectations! This modern and stylish, highly sought after 3 Bedroom unit features a brand new kitchen with appliances. The bathrooms have been tastefully updated, boasting a contemporary design and high-end features. Master Bedroom offers a private full bath. Step onto the new carpet and luxury vinyl plank flooring, providing both comfort and durability. The entire space has been given a fresh coat of paint, creating a bright and inviting atmosphere. With its open floorplan, this condo offers a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests. Lots of storage! 1 Car garage. Don't miss the opportunity to own this impeccable condo that combines comfort, style, and functionality. Nothing to do but move in and relax in the community pool!

  7. 2024-06-14
    price $153,000 856-char remark
    Show marketing remark (856 chars)

    Introducing a stunning remodeled condo that is sure to exceed your expectations! This modern and stylish, highly sought after 3 Bedroom unit features a brand new kitchen with appliances. The bathrooms have been tastefully updated, boasting a contemporary design and high-end features. Master Bedroom offers a private full bath. Step onto the new carpet and luxury vinyl plank flooring, providing both comfort and durability. The entire space has been given a fresh coat of paint, creating a bright and inviting atmosphere. With its open floorplan, this condo offers a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests. Lots of storage! 1 Car garage. Don't miss the opportunity to own this impeccable condo that combines comfort, style, and functionality. Nothing to do but move in and relax in the community pool!

  8. 2024-06-08
    listed $159,000 Active 856-char remark
    Show marketing remark (856 chars)

    Introducing a stunning remodeled condo that is sure to exceed your expectations! This modern and stylish, highly sought after 3 Bedroom unit features a brand new kitchen with appliances. The bathrooms have been tastefully updated, boasting a contemporary design and high-end features. Master Bedroom offers a private full bath. Step onto the new carpet and luxury vinyl plank flooring, providing both comfort and durability. The entire space has been given a fresh coat of paint, creating a bright and inviting atmosphere. With its open floorplan, this condo offers a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests. Lots of storage! 1 Car garage. Don't miss the opportunity to own this impeccable condo that combines comfort, style, and functionality. Nothing to do but move in and relax in the community pool!

  9. 2024-04-25
    soldstatus $100,000 Closed 294-char remark
    Show marketing remark (294 chars)

    Welcome to 804 Kirkwall Drive in Copley Village 2, Copley, OH. Conveniently located near shopping, restaurants and the freeway. This is the perfect gem to make your own. This 3 bedroom 2 bath spacious condo offers a wood burning fireplace and vaulted ceiling. Large Master bedroom and bathroom

  10. 2024-04-18
    soldstatus $100,000
  11. 2024-04-06
    status Pending 294-char remark
    Show marketing remark (294 chars)

    Welcome to 804 Kirkwall Drive in Copley Village 2, Copley, OH. Conveniently located near shopping, restaurants and the freeway. This is the perfect gem to make your own. This 3 bedroom 2 bath spacious condo offers a wood burning fireplace and vaulted ceiling. Large Master bedroom and bathroom

  12. 2024-04-02
    price $114,900 294-char remark
    Show marketing remark (294 chars)

    Welcome to 804 Kirkwall Drive in Copley Village 2, Copley, OH. Conveniently located near shopping, restaurants and the freeway. This is the perfect gem to make your own. This 3 bedroom 2 bath spacious condo offers a wood burning fireplace and vaulted ceiling. Large Master bedroom and bathroom

  13. 2024-03-17
    price $119,900 294-char remark
    Show marketing remark (294 chars)

    Welcome to 804 Kirkwall Drive in Copley Village 2, Copley, OH. Conveniently located near shopping, restaurants and the freeway. This is the perfect gem to make your own. This 3 bedroom 2 bath spacious condo offers a wood burning fireplace and vaulted ceiling. Large Master bedroom and bathroom

  14. 2024-03-05
    listed $125,000 Active 294-char remark
    Show marketing remark (294 chars)

    Welcome to 804 Kirkwall Drive in Copley Village 2, Copley, OH. Conveniently located near shopping, restaurants and the freeway. This is the perfect gem to make your own. This 3 bedroom 2 bath spacious condo offers a wood burning fireplace and vaulted ceiling. Large Master bedroom and bathroom

ⓘ 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
$2,245 · $187/mo
Projected year-2 tax
$2,447 · $204/mo
Expected delta
+$203/yr (+$17/mo · 9.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 18 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,746
− Mortgage interest
−$9,517
− Property taxes
−$2,245
− Insurance
−$850
− Repairs & maintenance
−$1,980
− Management
−$1,980
− HOA
−$5,436
− Depreciation
−$4,943
Taxable loss
−$2,203
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$529
After-tax cash flow
$856/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
Copley-Fairlawn City
NCES district ID
3904998
Math proficiency
77% ▼ -6.00%
Reading proficiency
79% ▼ -5.00%
Median HH income
$66,228
Composite
67.55/100
National rank
#370
State rank
#58 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

County
Summit County · 440,783 people
City population
174,375
Metro
Akron, OH
Population (ZIP)
15,878
Household income
$119,178
Rent vs Own
25.7% rent · 74.3% own
Severe rent burden
156.0

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 (73%)
Race & ethnicity
White 73% Two or more races 9% Black 9% Asian 7% Hispanic / Latino 2%
Common ancestry
Romanian 6% Slovak 3% Serbian 1%
Foreign-born
11% · China, Canada
Languages at home
89% English-only · Other Indo-European 3% Chinese 2% Other Asian/Pacific 2%

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
▼ -127.90%
Current HPI
195.821
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

Price history

+35.9% since first listed
14 events — show timeline
  • 2026-04-28 Pending MLSNOW
  • 2026-04-22 Listed $169,900 MLSNOW
  • 2024-08-16 Sold (Public Records) $159,000 Public Records
  • 2024-08-16 Sold (MLS) $159,000 MLSNOW
  • 2024-08-04 Pending MLSNOW
  • 2024-06-16 Contingent MLSNOW
  • 2024-06-14 Price Changed $153,000 MLSNOW
  • 2024-06-08 Listed $159,000 MLSNOW
  • 2024-04-25 Sold (MLS) $100,000 MLSNOW
  • 2024-04-18 Sold (Public Records) $100,000 Public Records
  • 2024-04-06 Pending MLSNOW
  • 2024-04-02 Price Changed $114,900 MLSNOW
  • 2024-03-17 Price Changed $119,900 MLSNOW
  • 2024-03-05 Listed $125,000 MLSNOW

Property tax history

+1.7%/yr

Latest (2025): $2,245 · +6.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…