126 Fairview Ave · Wadsworth, 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
- 1 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 +25.6/30.0
- ARV discount +15.0/15.0
- DSCR +8.5/10.0
- Schools +6.5/10.0
- 1% rule +6.4/10.0
- Livability +4.1/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$158,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Step into timeless charm with this beautifully preserved Colonial in the heart of Wadsworth. Rich in character and craftsmanship, this 3-bedroom, 1-bath Century Home showcases stunning original woodwork, soaring ceilings in the living room, and classic plank flooring in the dining room and kitchen. The spacious kitchen and large dining room provide plenty of room for gathering and entertaining while maintaining the home's historic appeal. The full bath features a charming clawfoot tub, adding to the home's vintage character. Outside, you'll find a generously sized backyard designed for relaxation and enjoyment, complete with two decks and a walking path leading to a productive grapevine tha
Key facts
- Soaring ceilings
- Two decks
- Plank flooring
Tags
Property features AI
Exterior
- Parking: No garage; Unpaved parking
- Utilities: Public water; Public sewer
- Home design: 2-story home; Above-grade finished area approximately 1,144
- Construction: Vinyl siding and wood siding; Asphalt/fiberglass roof
- Exterior features: Deck; Lot approximately 0.166 acres
Interior
- Bathrooms: 1 full bathroom
- Heating & cooling: Central air conditioning; Forced-air gas heating
- Interior features: Full basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $158k.
Deal economics
- At list price, monthly cash flow is $374 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $158k).
- Cap rate 9.1% vs local median 3.3% in Wadsworth — 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 82/100 on livability (#74 in OH, #1,136 nationally) — a professional / high-income tenant draw. Strengths: schools A+, cost of living A+, housing A+; Watch: amenities F, commute F.
- Wadsworth City (suburban): math 74% / reading 77% proficiency, ranked #83 of 656 in OH (top 13%) — strong family-tenant draw, lease renewals of 3-5y typical; only 17% free/reduced lunch — higher-income household profile.
- Market conditions: 135 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 471 units permitted in Medina County in 2024 (0 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.
Negotiation context
- Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
- 4 sale attempts since 35y 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 $103k; list at $158k implies a 53% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1917 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1917 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.14% ✓
- Cap rate
- 9.13%
- Cash-on-cash
- 10.13%
- DSCR
- 1.45
- GRM
- 7.3
CMA / ARV
- ARV (on-the-fly)
- $209,352
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 150 Ohio Ave | 0.10mi | 3/1.5 | 1,207 (+6%) | 4mo | $184,900 | $153 | 81 |
| 119 Park St | 0.15mi | 4/2.0 (+1) | 1,170 (+2%) | 7mo | $226,000 | $193 | 74 |
| 268 E Walnut St | 0.42mi | 4/1.0 (+1) | 1,128 (-1%) | 7mo | $120,000 | $106 | 67 |
| 217 E Bergey St | 0.55mi | 2/1.0 (-1) | 1,132 (-1%) | 1mo | $160,000 | $141 | 67 |
| 131 Baird Ave | 0.44mi | 4/1.0 (+1) | 1,123 (-2%) | 6mo | $220,000 | $196 | 66 |
| 349 Elm St | 0.39mi | 3/1.0 | 1,036 (-9%) | 3mo | $190,000 | $183 | 64 |
| 174 W Prospect St | 0.62mi | 3/1.0 | 1,160 (+1%) | 7mo | $174,050 | $150 | 62 |
| 200 Baird Ave | 0.51mi | 3/2.0 | 1,215 (+6%) | 6mo | $250,000 | $206 | 57 |
| 242 E Walnut St | 0.41mi | 2/2.0 (-1) | 1,044 (-9%) | 3mo | $170,000 | $163 | 55 |
| 273 E Boyer St | 0.36mi | 3/2.0 | 1,275 (+12%) | 8mo | $305,000 | $239 | 54 |
| 184 Baldwin St | 0.73mi | 3/1.0 | 1,056 (-8%) | 1mo | $215,000 | $204 | 52 |
| 5 Stover Ct | 0.61mi | 2/2.0 (-1) | 1,293 (+13%) | 0mo | $110,000 | $85 | 40 |
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
- -1.1%
- Equity multiple
- 0.96×
- Total profit
- $-1,816
- Equity at exit
- $23,558
- IRR
- 8.6%
- Equity multiple
- 1.66×
- Total profit
- $29,044
- Equity at exit
- $13,661
Cash invested: $44,240 (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 44281
- Active inventory
- 135
- Price-to-rent
- 7.3×
Monthly cashflow live
- Estimated rent
- $1,795 high interval (Pro) →
- Mortgage (P&I)
- −$829
- Tax from tax record
- −$150 /mo · $1,805/yr
- Insurance
- −$66
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$377
- Net cashflow
- $374
Break-even live
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
- $39,500
- Closing costs
- $4,740
- 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 5 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 172 1st St Wadsworth, OH | 2.0 | 2.0 | 1150 | $1,950 | $1.70 | 20d | 1 | 0.31mi |
| 285 Water St Unit down Wadsworth, OH | 2.0 | 1.0 | 750 | $1,300 | $1.73 | 7d | 1 | 0.33mi |
| 149 Meadowcreek Dr Wadsworth, OH | 2.0 | 2.5 | 1100 | $1,616 | $1.47 | 1d | 1 | 1.14mi |
| 466 S Kaser Dr Unit 468 Wadsworth, OH | 3.0 | 1.0 | 1500 | $1,250 | $0.83 | 43d | 1 | 1.43mi |
| 478 S Kaser Dr Unit 478 Wadsworth, OH | 2.0 | 1.0 | 1000 | $1,450 | $1.45 | 10d | 1 | 1.45mi |
Listing history 4 events
-
2026-06-16statusdays on market $158,000 Pending 4 DOM
-
2026-06-15days on market $158,000 Active 3 DOM
-
2026-06-13remarks 699-char remark
-
2026-06-13$158,000 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
- $1,805 · $150/mo
- Projected year-2 tax
- $2,135 · $178/mo
- Expected delta
- +$330/yr (+$27/mo · 18.3%)
ⓘ 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 · 1 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
- $21,544
- − Mortgage interest
- −$8,850
- − Property taxes
- −$1,805
- − Insurance
- −$790
- − Repairs & maintenance
- −$1,724
- − Management
- −$1,724
- − Depreciation
- −$4,596
- Taxable income
- $2,055
- Est. tax owed @ 24.0%
- −$493
- After-tax cash flow
- $3,989/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
- Wadsworth City
- NCES district ID
- 3910029
- Math proficiency
- 74% ▼ -8.00%
- Reading proficiency
- 77% ▼ -6.00%
- Median HH income
- $62,397
- Composite
- 65.1/100
- National rank
- #499
- State rank
- #83 of 656 in OH
Livability — Wadsworth
- Score
- 82/100
- State rank
- #74
- US rank
- #1136
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Wadsworth, OH
- County
- Medina County · 145,517 people
- City population
- 34,704
- Metro
- Cleveland-Elyria, OH
- Population (ZIP)
- 34,704
- Household income
- $89,131
- Rent vs Own
- Severe rent burden
- 597.0
Population outlook (Medina County) Hauer SSP2
- Today (2025)
- 185,249 people
- By 2030
- 188,174 · +1.6%
- By 2040
- 190,350 · +2.8%
- By 2050
- 187,283 · +1.1%
- By 2075
- 177,108 · -4.4%
- By 2100
- 151,304 · -18.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (95%)
- Race & ethnicity
- White 95% Two or more races 2% Hispanic / Latino 1% Asian 1%
- Common ancestry
- Romanian 4% Slovak 2% Lithuanian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 97% English-only · Spanish 1% Other Indo-European 1% Other Asian/Pacific 0%
Political lean MEDSL · Medina
- 2024 margin
- Strong R (+24.8) · D 37.2% · R 62.0%
- 2008→2024 swing
- -16.8pp toward R · 2008: -8.0pp · 2024: -24.8pp
- All cycles
- 2024: R+24.8 2020: R+23.4 2016: R+24.9 2012: R+13.1 2008: R+8.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -148.82%
- Current HPI
- 253.1502
- Rent YoY
- —
- Metro
- Cleveland-Elyria, 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 |
|
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| 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
+251.9% since first listed8 events — show timeline
- 2026-06-12 Listed $158,000 MLSNOW
- 2000-03-30 Sold (Public Records) $103,000 Public Records
- 2000-03-10 Listing Removed — MLSNOW
- 1999-09-09 Listed $107,900 MLSNOW
- 1995-06-29 Sold (Public Records) $87,500 Public Records
- 1995-05-19 Listed $89,900 MLSNOW
- 1991-06-07 Sold (Public Records) $42,000 Public Records
- 1991-04-12 Listed $44,900 MLSNOW
Property tax history
+3.2%/yrLatest (2025): $1,805 · +7.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…