541 Clinton St · Ravenna, OH 44266

$69,900

3 bd · 1.0 ba · 773 sqft · SingleFamily public records · 5 Days on market

Built 1947 7,501 sqft lot ↓ 18% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Hud Case no. 412-546492, sold as-is

Key facts

• 7,501 sq ft lot
• Parking
• Built 1947

Property features AI

Finance

• Other: Below-grade finished area present

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Single-story home; Faces east; Property listed as fixer
• Construction: Vinyl siding; Asphalt/fiberglass roof; Block foundation; Built according to public records
• Exterior features: Backyard access from laundry room; Lot dimensions approximately 50 x 150

Interior

• Kitchen: Eat-in kitchen with good cupboard space; Gas range stays; Refrigerator stays
• Bedrooms: Two main-level bedrooms; Bedroom with laminate flooring and closet space; Second bedroom with large closet and laminate floors
• Flooring: Laminate flooring in living room and bedrooms; Linoleum in kitchen and laundry
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Forced-air heating; Window air conditioning unit(s)
• Interior features: Ceiling fan(s); Eat-in kitchen; Full basement
• Laundry & utility: Laundry room on main level with hookups; Laundry room provides access to the backyard

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $331 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Cap rate 12.0% vs local median 3.0% in Ravenna — 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 73/100 on livability (#323 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: amenities F, commute F, employment F.
• Ravenna City (suburban): math 31% / reading 41% proficiency, ranked #559 of 656 in OH (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 159 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 196 units permitted in Portage County in 2024 (10 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 21y 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 $9k; list at $70k implies a 640% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $69,900

Questions for the listing agent

1. Built in 1947 — 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. 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.
4. 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.
5. 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: 1.53% ✓
• Cap rate: 11.98%
• Cash-on-cash: 20.30%
• DSCR: 1.90
• GRM: 5.4

CMA / ARV

• ARV (median comp): $150,992
• List price: $69,900
• Delta: -0.72%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
368 E Central Ave	0.20mi	2/1.0 (-1)	825 (+7%)	14mo	$139,900	$170	62
143 E Central Ave	0.25mi	2/1.0 (-1)	718 (-7%)	18mo	$70,000	$97	56
326 E Highland Ave	0.38mi	2/1.0 (-1)	852 (+10%)	12mo	$135,000	$158	50

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: 12.6%
• Equity multiple: 1.50×
• Total profit: $9,792
• Equity at exit: $10,422

10-year hold

• IRR: 21.5%
• Equity multiple: 2.83×
• Total profit: $35,818
• Equity at exit: $6,044

Cash invested: $19,572 (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 44266

• Active inventory: 159
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,070 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$118 /mo · $1,421/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$225
• Net cashflow: $331

Break-even live

Break-even rent $651

Max offer price $69,900

Occupancy floor 64%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
709 Sapp Rd Ravenna, OH	1.0–2.0	1.0	712	$950	$1.33	13d	1	0.34mi
529 E Main St Unit B-18 Ravenna, OH	2.0	1.0	850	$1,000	$1.18	14d	1	0.44mi
4514 Coe Rd Ravenna, OH	3.0	1.0	964	$929	$0.96	13d	1	0.55mi
608 W Highland Ave Ravenna, OH	2.0	1.0	870	$1,025	$1.18	14d	1	0.75mi

Listing history 15 events

1. 2026-06-18
   days on market $69,900 Active 5 DOM
2. 2026-06-17
   days on market $69,900 Active 4 DOM
3. 2026-06-16
   days on market $69,900 Active 3 DOM
4. 2026-06-15
   days on market $69,900 Active 2 DOM
5. 2026-06-14
   remarks 303-char remark
6. 2026-06-14
   pricestatuslisting id $69,900 Active 1 DOM
7. 2026-05-06
   historical
8. 2026-04-30
   listed $149,900 Active
9. 2009-03-05
   soldstatus $9,450 35-char remark

   Show marketing remark (35 chars)

   Hud Case no. 412-546492, sold as-is

10. 2008-06-13
    listed $16,000 35-char remark

    Show marketing remark (35 chars)

    Hud Case no. 412-546492, sold as-is

11. 2006-07-27
    soldstatus $84,000
12. 2006-01-30
    historical
13. 2005-10-13
    historical
14. 2005-07-30
    listed $82,000
15. 2005-04-13
    listed $84,900

ⓘ 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: $1,421 · $118/mo
• Projected year-2 tax: $1,421 · $118/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 · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,838
• − Mortgage interest: −$3,915
• − Property taxes: −$1,421
• − Insurance: −$350
• − Repairs & maintenance: −$1,027
• − Management: −$1,027
• − Depreciation: −$2,033
• Taxable income: $3,064
• Est. tax owed @ 24.0%: −$735
• After-tax cash flow: $3,237/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: Ravenna City
• NCES district ID: 3904468
• Math proficiency: 31% ▼ -22.00%
• Reading proficiency: 41% ▼ -13.00%
• Median HH income: $40,018
• Composite: 30.19/100
• National rank: #6314
• State rank: #559 of 656 in OH

Livability — Ravenna

• Score: 73/100
• State rank: #323
• US rank: #5309

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ravenna, OH
• County: Portage County · 70,400 people
• City population: 32,612
• Metro: Akron, OH
• Population (ZIP): 32,612
• Household income: $64,918
• Rent vs Own: 31.3% rent · 68.7% own
• Severe rent burden: 1468.0

Population outlook (Portage County) Hauer SSP2

• Today (2025): 166,109 people
• By 2030: 167,752 · +1.0%
• By 2040: 168,640 · +1.5%
• By 2050: 167,469 · +0.8%
• By 2075: 170,131 · +2.4%
• By 2100: 167,958 · +1.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Black 6% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Romanian 3% Italian 2% Slovak 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Portage

• 2024 margin: R (+15.5) · D 41.8% · R 57.3%
• 2008→2024 swing: -24.5pp toward R · 2008: 9.0pp · 2024: -15.5pp
• All cycles: 2024: R+15.5 2020: R+12.5 2016: R+10.2 2012: D+4.9 2008: D+9.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -146.76%
• Current HPI: 196.8027
• 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

-17.7% since first listed

10 events — show timeline

• 2026-06-12 Listed $69,900 MLSNOW
• 2026-05-06 Listing Removed — MLSNOW
• 2026-04-30 Listed $149,900 MLSNOW
• 2009-03-05 Sold (MLS) $9,450 MLSNOW
• 2008-06-13 Listed $16,000 MLSNOW
• 2006-07-27 Sold (Public Records) $84,000 Public Records
• 2006-01-30 Listing Removed — MLSNOW
• 2005-10-13 Listing Removed — MLSNOW
• 2005-07-30 Listed $82,000 MLSNOW
• 2005-04-13 Listed $84,900 MLSNOW

Property tax history

+3.7%/yr

Latest (2025): $1,421 · +17.3% YoY. Source: county tax records.