4111 Pardee Rd · Stow, OH 44224

$40,000

3 bd · 1.0 ba · 872 sqft · SingleFamily public records · 1 Days on market

Built 1946 0.46 ac lot ↓ 43% since listing

---

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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.3/10.0
• Rent growth +4.6/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This great bungalow sits on a gorgeous lot in Stow, OH. With almost a half an acre, a deck and a shed, find plenty of room for storage! The interior features a dining room and a great layout. Come out and see it today!

Key facts

• Deck overlooks yard
• Full basement
• Storage shed

Tags

• FULL BASEMENT
• DECK OVERLOOKS YARD
• STORAGE SHED
• NEARLY HALF-ACRE LOT

Property features AI

Exterior

• Parking: Driveway (gravel, unpaved) with no garage
• Utilities: Public water; Public sewer
• Home design: Single-story home; Faces west; Fixer condition; Property attached
• Construction: Aluminum and vinyl siding; Asphalt roof; Block foundation; Built (year per public records)
• Exterior features: Deck; Back yard; Shed(s)

Interior

• Kitchen: Kitchen on the main level
• Bedrooms: Two main-level bedrooms
• Flooring: Laminate flooring in kitchen, bathroom and both bedrooms; Carpet in the living room
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Forced-air gas heating; Central air conditioning
• Interior features: Full basement
• Laundry & utility: Laundry in the basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $40k.

Deal economics

• At list price, monthly cash flow is $904 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $40k).
• Cap rate 33.4% vs local median 3.5% in Stow — 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 76/100 on livability (#217 in OH, #3,390 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Stow-Munroe Falls City School District (suburban): math 58% / reading 64% proficiency, ranked #247 of 656 in OH (top 38%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising fast (+8.6%/yr); 113 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $277 of loan paydown is wiped out by about $1k 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 + 8.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 32y 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 $31k; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $40,000

Questions for the listing agent

1. Built in 1946 — 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. 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?
4. 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.
5. 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.
6. 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: 3.73% ✓
• Cap rate: 33.40%
• Cash-on-cash: 96.81%
• DSCR: 5.31
• GRM: 2.2

CMA / ARV

• ARV (on-the-fly): $166,552
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4058 Pardee Rd	0.10mi	3/1.0	974 (+12%)	13mo	$120,000	$123	65
2535 Sears Rd	0.37mi	3/1.0	975 (+12%)	2mo	$186,250	$191	61
4566 Fishcreek Rd	0.49mi	2/1.0 (-1)	832 (-5%)	15mo	$101,500	$122	52
3972 Genevieve Blvd	0.43mi	3/1.5	960 (+10%)	12mo	$190,000	$198	51
3801 Baird Rd	0.65mi	3/1.0	960 (+10%)	5mo	$167,000	$174	49
4034 Pardee Rd	0.15mi	2/2.0 (-1)	780 (-11%)	24mo	$75,000	$96	47
3966 Genevieve Blvd	0.44mi	3/2.0	960 (+10%)	15mo	$197,000	$205	46
3748 Iona Ave	0.68mi	2/1.0 (-1)	840 (-4%)	15mo	$178,250	$212	44
2673 Progress Park Dr	0.74mi	2/1.0 (-1)	924 (+6%)	15mo	$179,673	$194	38

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.27×
• Total profit: $58,982
• Equity at exit: $5,964

10-year hold

• IRR: —
• Equity multiple: 15.42×
• Total profit: $161,480
• Equity at exit: $3,458

Cash invested: $11,200 (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 44224

• Rents YoY: 8.6%
• Active inventory: 113
• Price-to-rent: 2.2×

Monthly cashflow live

• Estimated rent: $1,494 high
• Mortgage (P&I): −$210
• Tax est. 1.5%: −$50 /mo · $600/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $904

Break-even live

Break-even rent $350

Max offer price $40,000

Occupancy floor 35%

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: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4020 Vira Rd Stow, OH	2.0	1.0	896	$1,250	$1.40	23d	1	0.22mi
4261 Osage St Stow, OH	3.0	2.0	1072	$1,850	$1.73	14d	1	0.37mi
2198 Liberty Rd Stow, OH	1.0–2.0	1.0	850	$1,063	$1.25	21d	2	0.49mi
4392 Millburn Ave Stow, OH	1.0–2.0	1.0–2.0	720	$1,325	$1.84	13d	3	0.50mi
2424 Echo Valley Dr Unit 2424 Stow, OH	2.0	2.0	1000	$1,250	$1.25	23d	1	0.71mi
2444 Echo Valley Dr Unit 2444 Stow, OH	2.0	2.0	1000	$1,250	$1.25	23d	1	0.74mi
2450 Echo Valley Dr Unit 2450 Stow, OH	2.0	2.0	1000	$1,250	$1.25	21d	1	0.74mi
2443 Echo Valley Dr Unit 2424 Stow, OH	2.0	2.0	1000	$1,250	$1.25	23d	1	0.75mi
2443 Echo Valley Dr Unit 2443 Stow, OH	2.0	2.0	1000	$1,250	$1.25	43d	1	0.75mi
2443 Echo Valley Dr Unit 2450 Stow, OH	2.0	2.0	1000	$1,250	$1.25	21d	1	0.75mi
3591 Hiwood Ave Stow, OH	3.0	1.0	912	$1,595	$1.75	43d	1	0.92mi
1987 King Dr Stow, OH	2.0	1.0	1048	$1,350	$1.29	23d	1	0.99mi
3674 Kent Rd Stow, OH	1.0–2.0	1.0–1.5	815	$1,349	$1.66	13d	7	1.03mi
3538 Orchard Dr Stow, OH	2.0	1.0	884	$1,395	$1.58	43d	1	1.07mi

Listing history 3 events

1. 2026-06-14
   status $40,000 Pending 1 DOM
2. 2026-06-09
   remarks 699-char remark
3. 2026-06-09
   listed $40,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 · 17 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: $17,924
• − Mortgage interest: −$2,241
• − Property taxes: −$600
• − Insurance: −$200
• − Repairs & maintenance: −$1,434
• − Management: −$1,434
• − Depreciation: −$1,164
• Taxable income: $10,852
• Est. tax owed @ 24.0%: −$2,604
• After-tax cash flow: $8,238/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: Stow-Munroe Falls City School District
• NCES district ID: 3904483
• Math proficiency: 58% ▼ -11.00%
• Reading proficiency: 64% ▼ -6.00%
• Median HH income: $64,663
• Composite: 53.29/100
• National rank: #1488
• State rank: #247 of 656 in OH

Livability — Stow

• Score: 76/100
• State rank: #217
• US rank: #3390

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment A Housing A+ Health & safety B User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Stow, OH
• County: Summit County · 440,783 people
• City population: 39,200
• Metro: Akron, OH
• Population (ZIP): 39,200
• Household income: $94,287
• Rent vs Own: 30.9% rent · 69.1% own
• Severe rent burden: 1165.0

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 (85%)
• Race & ethnicity: White 85% Two or more races 6% Black 5% Asian 3% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Slovak 3% Italian 3%
• Foreign-born: 7% · Canada, China
• Languages at home: 93% English-only · Arabic 2% Spanish 1% Other Asian/Pacific 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: ▼ -218.72%
• Current HPI: 208.3063
• Rent YoY: ▲ 8.56%
• 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

-42.9% since first listed

14 events — show timeline

• 2026-06-08 Listed $40,000 MLSNOW
• 2014-09-26 Sold (MLS) $31,400 MLSNOW
• 2014-09-15 Listing Removed — MLSNOW
• 2014-08-18 Listed $31,400 MLSNOW
• 2011-07-24 Listing Removed — MLSNOW
• 2011-01-24 Listed $89,900 MLSNOW
• 2010-01-10 Listing Removed — MLSNOW
• 2009-07-10 Listed $95,000 MLSNOW
• 2005-01-31 Listing Removed — MLSNOW
• 2004-10-31 Listed $110,000 MLSNOW
• 1999-07-23 Sold (Public Records) $89,900 Public Records
• 1999-06-15 Listed $89,900 MLSNOW
• 1994-11-30 Sold (Public Records) $70,000 Public Records
• 1994-10-05 Listed $70,000 MLSNOW

Property tax history

+2.3%/yr

Latest (2025): $2,652 · -16.3% YoY. Source: county tax records.