939 Lovers Ln · Akron, OH 44306

$94,900

4 bd · 1.0 ba · 1,529 sqft · SingleFamily public records · 8 Days on market

Built 1929 7,021 sqft lot Est $106k · 10% under

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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 +12.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• Rent growth +4.4/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Surprisingly spacious 4BR 2BA brick bungalow on a corner lot in East Akron! Featuring 1st floor living with 2 bedrooms and 1 full bath on each floor (main and 2nd), eat-in kitchen, dining room, living room w/ fireplace & built-ins, enclosed front porch, hardwood under much of the carpet, 2-car attached garage, and a fenced in yard. Conveniently located less than 1 mile from I-77/I-76 & Rt. 8.

Key facts

• Brick bungalow
• Living room
• Dining room

Tags

• BRICK BUNGALOW
• CORNER LOT
• EAT-IN KITCHEN
• DINING ROOM
• LIVING ROOM
• ENCLOSED FRONT PORCH

Property features AI

Exterior

• Parking: Attached garage (2 spaces); Driveway; Garage faces side; Electricity to garage
• Utilities: Public water; Public sewer
• Home design: Single-story home; Brick construction; Asphalt/fiberglass roof
• Construction: Brick construction; Asphalt/fiberglass roof; Built according to public records
• Exterior features: Covered, enclosed front porch; Patio and porch; Back yard fencing; Corner city lot; Has a view; Faces south

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Two main-level bedrooms
• Bathrooms: Two full bathrooms (one on the main level)
• Heating & cooling: Forced-air heating; Gas heating
• Interior features: Built-in features; Primary bedroom on the main floor; Full, unfinished basement; One fireplace
• Laundry & utility: Laundry located in the basement

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $465 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Cap rate 12.2% vs local median 6.6% in Akron — 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 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: Rents rising fast (+7.6%/yr); 69 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% 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).
• This rent runs 40% of the median local income ($42k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $656 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.
• At projected returns (-3.0% appreciation + 7.6% rent growth), your $27k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1929 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $94,900

Questions for the listing agent

1. Built in 1929 — 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. 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: 1.45% ✓
• Cap rate: 12.17%
• Cash-on-cash: 21.01%
• DSCR: 1.93
• GRM: 5.7

CMA / ARV

• ARV (on-the-fly): $105,501
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
632 Roscoe Ave	0.41mi	3/1.0 (-1)	1,483 (-3%)	2mo	$85,000	$57	69
749 Mckinley Ave	0.39mi	3/2.0 (-1)	1,446 (-5%)	3mo	$180,000	$124	61
610 Morgan Ave	0.63mi	5/1.0 (+1)	1,504 (-2%)	3mo	$80,000	$53	60
522 Winans Ave	0.30mi	3/1.0 (-1)	1,373 (-10%)	5mo	$95,000	$69	60
516 Whitney Ave	0.26mi	5/2.0 (+1)	1,676 (+10%)	5mo	$95,000	$57	59
897 Davies Ave	0.59mi	4/3.0	1,500 (-2%)	4mo	$89,000	$59	58
1172 5th Ave	0.58mi	4/2.5	1,428 (-7%)	1mo	$233,000	$163	55
642 Gridley Ave	0.54mi	4/2.0	1,399 (-8%)	5mo	$45,000	$32	53
279 Miles Ave	0.63mi	5/1.0 (+1)	1,610 (+5%)	5mo	$109,000	$68	52
1122 Delos St	0.30mi	3/2.0 (-1)	1,364 (-11%)	9mo	$230,000	$169	51
1033 Herberich Ave	0.68mi	4/2.0	1,619 (+6%)	5mo	$142,000	$88	51
1118 Neptune Ave	0.72mi	3/1.5 (-1)	1,356 (-11%)	8mo	$136,000	$100	34

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 · 7.63% rent growth · sell at horizon

5-year hold

• IRR: 18.4%
• Equity multiple: 1.79×
• Total profit: $20,972
• Equity at exit: $14,150

10-year hold

• IRR: 29.8%
• Equity multiple: 4.27×
• Total profit: $86,778
• Equity at exit: $8,205

Cash invested: $26,572 (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.

Methodology + full state rankings →

ZIP-level market 44306

• Rents YoY: 7.6%
• Active inventory: 69
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,379 high
• Mortgage (P&I): −$498
• Tax from tax record: −$87 /mo · $1,043/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$290
• Net cashflow: $465

Break-even live

Break-even rent $790

Max offer price $94,900

Occupancy floor 61%

Sensitivity live

Price	-10% $519	-5% $492	+0% $465	+5% $438	+10% $411
Rent	-10% $356	-5% $411	+0% $465	+5% $520	+10% $574
Rate	-1.0pp $513	-0.5pp $489	base $465	+0.5pp $441	+1.0pp $416

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: $23,725
• Closing costs: $2,847
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
990 Baird St Akron, OH	3.0	1.0	1140	$1,250	$1.10	44d	1	0.22mi
516 Whitney Ave Akron, OH	4.0	2.0	1676	$1,500	$0.89	44d	1	0.24mi
488 Alexander St Akron, OH	4.0	2.0	1311	$1,350	$1.03	24d	1	0.38mi
497 Lucy St Akron, OH	4.0	1.0	1600	$1,500	$0.94	44d	1	0.46mi
1182 5th Ave Akron, OH	3.0	1.0	1248	$1,250	$1.00	15d	1	0.58mi
979 Neptune Ave Akron, OH	3.0	1.0	1248	$1,250	$1.00	24d	1	0.62mi
1040 Neptune Ave Akron, OH	4.0	1.0	1400	$1,300	$0.93	44d	1	0.66mi
1125 2nd Ave Akron, OH	3.0	1.0	1373	$1,100	$0.80	24d	1	0.69mi
1085 Herberich Ave Akron, OH	4.0	1.0	1350	$1,400	$1.04	44d	1	0.70mi
1204 Inman St Akron, OH	3.0	1.0	1080	$1,200	$1.11	24d	1	0.71mi
1114 Herberich Ave Akron, OH	4.0	1.0	1308	$1,200	$0.92	44d	1	0.75mi
885 Brown St Akron, OH	4.0	2.0	1280	$1,400	$1.09	24d	1	0.79mi
1012 Brown St Akron, OH	4.0	2.0	1518	$1,295	$0.85	44d	1	0.80mi
1076 Ackley St Akron, OH	4.0	2.0	1998	$2,000	$1.00	15d	1	0.82mi
1071 Ackley St Akron, OH	4.0	2.0	1164	$1,175	$1.01	44d	1	0.83mi
1070 Super Genius Cir Akron, OH	2.0–4.0	1.0–2.0	1145	$1,429	$1.25	15d	1	0.84mi
796 Brown St Akron, OH	4.0	2.0	1200	$900	$0.75	44d	1	0.87mi
435 Margaret St Akron, OH	4.0	2.0	1900	$1,450	$0.76	44d	1	0.87mi
907 Kling St Akron, OH	3.0	1.0	1248	$1,250	$1.00	15d	1	0.87mi
1028 Kling St Akron, OH	4.0	2.0	1500	$1,450	$0.97	44d	1	0.91mi
1125 Georgia Ave Akron, OH	3.0	1.0	1060	$1,300	$1.23	15d	1	0.91mi
466 Adkins Ave Akron, OH	4.0	1.5	1800	$1,450	$0.81	44d	1	0.92mi
987 Boone St Akron, OH	3.0	1.0	1248	$1,100	$0.88	24d	1	0.93mi
450 Stanton Ave Akron, OH	3.0	2.0	1927	$1,425	$0.74	44d	1	0.94mi
768 Beardsley St Akron, OH	5.0	1.5	1714	$1,500	$0.88	15d	1	1.03mi
548 Spicer St Akron, OH	4.0	2.0	1487	$1,100	$0.74	24d	1	1.07mi
432 N Firestone Blvd Unit 1496097P Akron, OH	4.0	2.0	1926	$6,253	$3.25	22d	1	1.13mi
490 Gage St Akron, OH	4.0	1.0	1326	$1,053	$0.79	44d	1	1.14mi
373 N Firestone Blvd Akron, OH	4.0	1.5	1590	$1,550	$0.97	44d	1	1.19mi
1200 Girard St Akron, OH	3.0	2.0	1438	$1,100	$0.76	15d	1	1.23mi
356 Rankin St Akron, OH	4.0	1.5	1186	$1,197	$1.01	24d	1	1.23mi
1289 Girard St Akron, OH	5.0	1.0	1119	$1,350	$1.21	44d	1	1.27mi
77 Kent Ct Akron, OH	4.0	1.0	1300	$1,200	$0.92	44d	1	1.30mi
1139 Marcy St Akron, OH	4.0	1.5	1300	$1,300	$1.00	44d	1	1.32mi
566 Sumner St Akron, OH	4.0	1.0	1170	$1,200	$1.03	44d	1	1.38mi
288 Cross St Akron, OH	4.0	2.0	1512	$1,295	$0.86	44d	1	1.38mi
600 Sherman St Akron, OH	4.0	1.0–2.0	824	$1,600	$1.94	15d	14	1.39mi
1298 Bellows St Akron, OH	3.0	1.0	1300	$1,250	$0.96	44d	1	1.41mi
1297 Pondview Ave Akron, OH	4.0	1.0	1373	$1,450	$1.06	24d	1	1.41mi
287 Wheeler St Akron, OH	3.0	1.0	1100	$1,350	$1.23	24d	1	1.41mi

Listing history 7 events

1. 2026-06-18
   days on market $94,900 Active 8 DOM
2. 2026-06-17
   days on market $94,900 Active 7 DOM
3. 2026-06-16
   days on market $94,900 Active 6 DOM
4. 2026-06-15
   days on market $94,900 Active 5 DOM
5. 2026-06-14
   days on market $94,900 Active 3 DOM
6. 2026-06-13
   remarks 399-char remark
7. 2026-06-13
   listed $94,900 Active 2 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: $1,043 · $87/mo
• Projected year-2 tax: $1,262 · $105/mo
• Expected delta: +$219/yr (+$18/mo · 20.9%)

ⓘ 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: $16,546
• − Mortgage interest: −$5,316
• − Property taxes: −$1,043
• − Insurance: −$474
• − Repairs & maintenance: −$1,324
• − Management: −$1,324
• − Depreciation: −$2,761
• Taxable income: $4,305
• Est. tax owed @ 24.0%: −$1,033
• After-tax cash flow: $4,549/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): 20,905
• Household income: $41,688
• Rent vs Own: 56.4% rent · 43.6% own
• Severe rent burden: 1251.0

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 0.62)
• Race & ethnicity: White 48% Black 38% Two or more races 8% Hispanic / Latino 3% Asian 2%
• Common ancestry: Lithuanian 2% Iranian 1% Scotch-Irish 1%
• Foreign-born: 4% · Vietnam, Canada, Philippines
• Languages at home: 94% English-only · Spanish 2% Other Asian/Pacific 1% Vietnamese 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: ▼ -101.46%
• Current HPI: 132.768
• Rent YoY: ▲ 7.63%
• 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

1 event — show timeline

• 2026-06-10 Listed $94,900 MLSNOW

Property tax history

+2.6%/yr

Latest (2025): $1,043 · -6.5% YoY. Source: county tax records.