671 Kling St · Akron, OH 44311

$89,900

2 bd · 2.0 ba · 928 sqft · SingleFamily public records · 13 Days on market

Built 1904 6,599 sqft lot Est $79k · 14% over

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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 +21.1/30.0
• DSCR +6.7/10.0
• 1% rule +6.3/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• ARV discount +1.2/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated sellers. Move in condition. Many updates including huge covered rear porch. Well maintained.

Key facts

• Central ac
• Furnace replaced
• Detached garage

Tags

• COVERED BACK AND FRONT PORCHES
• DETACHED GARAGE
• FURNACE REPLACED
• CENTRAL AC

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $129 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Cap rate 8.0% vs local median 6.6% in Akron — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: 54 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
• At $1,019/mo this rent would consume 50% of the median local household income ($24k/yr) (locally 659% 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 $622 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 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 15y 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: built in 1904 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $89,900

Questions for the listing agent

1. Built in 1904 — 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. 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?
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: 1.13% ✓
• Cap rate: 8.01%
• Cash-on-cash: 6.15%
• DSCR: 1.27
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $78,880
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
374 E Voris St	0.10mi	3/1.0 (+1)	876 (-6%)	5mo	$102,000	$116	73
396 E Voris St	0.06mi	2/1.0	858 (-8%)	9mo	$79,900	$93	73
440 Tyner St	0.18mi	3/1.0 (+1)	880 (-5%)	9mo	$72,100	$82	66
791 Allyn St	0.25mi	3/1.0 (+1)	992 (+7%)	4mo	$85,000	$86	65
370 E Thornton St	0.14mi	3/1.0 (+1)	1,015 (+9%)	6mo	$75,500	$74	64
912 Ashland Ave	0.45mi	2/1.0	864 (-7%)	1mo	$87,000	$101	63
348 Jewell Dr	0.36mi	2/1.0	999 (+8%)	9mo	$59,500	$60	59
917 Clay St	0.47mi	2/1.0	864 (-7%)	8mo	$72,000	$83	56
696 Merton Ave	0.72mi	2/1.0	816 (-12%)	2mo	$70,000	$86	40
484 Hammel St	0.44mi	3/1.0 (+1)	792 (-15%)	12mo	$67,000	$85	36
720 Kipling St	0.64mi	2/1.0	800 (-14%)	12mo	$51,500	$64	33
560 Nash St	0.70mi	3/2.0 (+1)	1,049 (+13%)	11mo	$60,500	$58	32

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: -6.8%
• Equity multiple: 0.75×
• Total profit: $-6,307
• Equity at exit: $13,404

10-year hold

• IRR: 2.9%
• Equity multiple: 1.21×
• Total profit: $5,280
• Equity at exit: $7,773

Cash invested: $25,172 (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 44311

• Home prices YoY: -28.4%
• Active inventory: 54
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,019 high
• Mortgage (P&I): −$471
• Tax from tax record: −$167 /mo · $2,003/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$214
• Net cashflow: $129

Break-even live

Break-even rent $855

Max offer price $89,900

Occupancy floor 82%

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
689 Kling St Akron, OH	3.0	1.0	780	$1,075	$1.38	21d	1	0.04mi
429 Lovisa St Akron, OH	1.0	1.0	600	$900	$1.50	43d	1	0.07mi
374 E Voris St Akron, OH	3.0	1.0	876	$1,150	$1.31	23d	1	0.11mi
549 Brown St Unit 1 Akron, OH	1.0	1.0	900	$600	$0.67	23d	1	0.20mi
549 Brown St Unit 3 Akron, OH	1.0	1.0	900	$900	$1.00	23d	1	0.20mi
662 Sumner St Akron, OH	2.0	1.0	915	$999	$1.09	43d	1	0.24mi
658 Sumner St Akron, OH	2.0	1.0	915	$999	$1.09	43d	1	0.24mi
393 Cross St Unit 393 Akron, OH	2.0	1.0	864	$775	$0.90	43d	1	0.25mi
375 Cross St Akron, OH	1.0	1.0	800	$820	$1.02	43d	1	0.26mi
418 Power St Akron, OH	3.0	1.0	1000	$999	$1.00	23d	1	0.32mi
420 Power St Akron, OH	3.0	1.0	900	$800	$0.89	23d	1	0.33mi
600 Sherman St Akron, OH	4.0	1.0–2.0	824	$1,200	$1.46	14d	14	0.35mi
467 Spicer St Akron, OH	2.0	1.0	800	$915	$1.14	23d	1	0.36mi
461 Spicer St Akron, OH	3.0	2.0	1000	$995	$0.99	43d	1	0.37mi
484 Hammel St Akron, OH	2.0	1.0	792	$1,100	$1.39	43d	1	0.43mi
505 Rentschler St Unit Down Akron, OH	2.0	1.0	825	$850	$1.03	14d	1	0.45mi
287 Wheeler St Akron, OH	3.0	1.0	1100	$1,350	$1.23	23d	1	0.47mi
472 Sumner St Apt 3 Akron, OH	1.0	1.0	600	$850	$1.42	23d	1	0.50mi
470 Sumner St Unit 2 Akron, OH	2.0	1.0	560	$900	$1.61	23d	1	0.50mi
421 Allyn St Unit 2 Akron, OH	3.0	1.0	743	$850	$1.14	43d	1	0.51mi
437 Sumner St Apt T Akron, OH	3.0	1.5	600	$960	$1.60	23d	1	0.52mi
437 Sumner St Apt P Akron, OH	3.0	1.5	600	$750	$1.25	23d	1	0.52mi
437 Sumner St Apt A Akron, OH	3.0	1.5	750	$1,200	$1.60	23d	1	0.52mi
437 Sumner St Apt R Akron, OH	2.0	1.5	600	$500	$0.83	23d	1	0.52mi
437 Sumner St Apt D Akron, OH	2.0	1.5	750	$900	$1.20	23d	1	0.52mi
195 Wheeler St Apt 301 Akron, OH	2.0	1.0	600	$750	$1.25	43d	1	0.54mi
195 Wheeler St Apt 104 Akron, OH	1.0	1.0	600	$700	$1.17	43d	1	0.54mi
406 Sumner St Akron, OH	2.0–4.0	1.0–2.0	836	$875	$1.05	14d	3	0.59mi
344 Lease St Akron, OH	3.0	1.0	1000	$1,199	$1.20	43d	1	0.62mi
629 Morgan Ave Akron, OH	2.0	1.0	960	$1,200	$1.25	43d	1	0.65mi
878 Clark St Akron, OH	3.0	2.0	1029	$1,440	$1.40	43d	1	0.67mi
1036 Neptune Ave Akron, OH	3.0	1.0	1000	$1,350	$1.35	43d	1	0.83mi
621 Hudson Ave Akron, OH	3.0	1.0	780	$1,100	$1.41	14d	1	0.84mi
548 Winans Ave Akron, OH	1.0	1.0	700	$1,100	$1.57	43d	1	0.93mi
530 S Main St Akron, OH	1.0–2.0	1.0–2.0	937	$2,195	$2.34	43d	2	0.94mi
401 S Main St Akron, OH	4.0	1.0–4.0	814	$1,198	$1.47	14d	54	0.96mi
1102 Neptune Ave Akron, OH	3.0	1.0	1000	$1,200	$1.20	43d	1	0.96mi
783 E Exchange St Unit 2nd Akron, OH	2.0	1.0	951	$875	$0.92	23d	1	0.96mi
22 E Exchange St Apt 123 Akron, OH	1.0	1.0	525	$1,164	$2.22	43d	1	0.96mi
22 E Exchange St Unit 339 Akron, OH	2.0	2.0	976	$1,434	$1.47	43d	1	0.96mi

Listing history 16 events

1. 2026-04-23
   status Pending
2. 2026-04-09
   listed $89,900 Active
3. 2023-06-25
   historical
4. 2022-03-14
   soldstatus $81,250
5. 2022-03-10
   soldstatus $81,250 Closed 102-char remark

   Show marketing remark (102 chars)

   Motivated sellers. Move in condition. Many updates including huge covered rear porch. Well maintained.

6. 2022-01-18
   status Pending 102-char remark

   Show marketing remark (102 chars)

   Motivated sellers. Move in condition. Many updates including huge covered rear porch. Well maintained.

7. 2021-12-16
   listed $89,000 Active 102-char remark

   Show marketing remark (102 chars)

   Motivated sellers. Move in condition. Many updates including huge covered rear porch. Well maintained.

8. 2013-01-01
   historical
9. 2012-10-31
   listed $59,900
10. 2012-10-17
    historical
11. 2012-09-15
    historical
12. 2012-09-14
    listed $59,900
13. 2012-04-21
    listed $59,000
14. 2011-06-21
    historical
15. 2011-03-21
    listed $52,000
16. 1987-08-28
    soldstatus $10,500

ⓘ 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: $2,003 · $167/mo
• Projected year-2 tax: $2,003 · $167/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 · 16 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

Taxation est. · year 1

• Rental income: $12,224
• − Mortgage interest: −$5,036
• − Property taxes: −$2,003
• − Insurance: −$450
• − Repairs & maintenance: −$978
• − Management: −$978
• − Depreciation: −$2,615
• Taxable income: $165
• Est. tax owed @ 24.0%: −$40
• After-tax cash flow: $1,508/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): 7,547
• Household income: $24,369
• Rent vs Own: 83.0% rent · 17.0% own
• Severe rent burden: 659.0

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 0.60)
• Race & ethnicity: White 53% Black 35% Two or more races 6% Hispanic / Latino 4% Asian 3%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 3% · Canada, Vietnam, Philippines
• Languages at home: 95% English-only · Spanish 2% Other Asian/Pacific 1% Other Indo-European 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: ▼ -39.01%
• Current HPI: 98.3809
• 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

+756.2% since first listed

16 events — show timeline

• 2026-04-23 Pending — MLSNOW
• 2026-04-09 Listed $89,900 MLSNOW
• 2023-06-25 Rental Removed — RENTEC
• 2022-03-14 Sold (Public Records) $81,250 Public Records
• 2022-03-10 Sold (MLS) $81,250 MLSNOW
• 2022-01-18 Pending — MLSNOW
• 2021-12-16 Listed $89,000 MLSNOW
• 2013-01-01 Listing Removed — MLSNOW
• 2012-10-31 Listed $59,900 MLSNOW
• 2012-10-17 Listing Removed — MLSNOW
• 2012-09-15 Listing Removed — MLSNOW
• 2012-09-14 Listed $59,900 MLSNOW
• 2012-04-21 Listed $59,000 MLSNOW
• 2011-06-21 Listing Removed — MLSNOW
• 2011-03-21 Listed $52,000 MLSNOW
• 1987-08-28 Sold (Public Records) $10,500 Public Records

Property tax history

+5.5%/yr

Latest (2025): $2,003 · +0.1% YoY. Source: county tax records.