6279 Allyn Rd · Hiram, 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 95°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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ 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 +26.2/30.0
- DSCR +8.9/10.0
- ARV discount +7.5/15.0
- 1% rule +6.5/10.0
- Schools +5.0/10.0
- Livability +3.6/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$150,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Great Hiram Rapids location for this 3 Bedroom, 2 full Bath century colonial with updated mechanicals and carpet. Large Living Room, Family Room and Office on first floor along with a spacious eat-in Kitchen with a sliding door to the back yard. The 2nd floor has a huge Master Bedroom (large enough to be 2 rooms) along with a large 2nd Bedroom and full Bathroom. 2-car attached garage. New since 2013: High efficient gas furnace, 100 amp breaker panel, concrete floor in basement, well pump, pressure tank and water line to house from well, carpet & flooring in Kitchen and 1st floor bathroom. Family Room can be used as a bedroom or split the master bedroom into 2 separate rooms. With accepted offer, seller will escrow funds for septic replacement after closing.
Key facts
- Flexible family room
- Corner lot
- Spacious living room
Tags
Property features AI
Finance
- HOA & community: Playground; Park; Street lights
Exterior
- Parking: Attached 2-car garage with garage door opener; Garage faces front; Electricity to garage; Unpaved parking
- Security: Carbon monoxide detectors; Smoke detectors
- Utilities: Well water; Septic tank
- Home design: 2-story home; Faces southeast; Updated/remodeled condition
- Construction: Vinyl siding; Asphalt/fiberglass roof
- Exterior features: Front porch; Corner lot with few trees and views; Irregular lot
Interior
- Kitchen: Range; Refrigerator
- Bedrooms: Total rooms: 5
- Bathrooms: 2 full bathrooms; 1 main-level bathroom
- Heating & cooling: Forced air heating (gas); Central air conditioning
- Interior features: Built-in features; Ceiling fans
- Laundry & utility: Washer; Dryer; Laundry located in bathroom
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $150k.
Deal economics
- At list price, monthly cash flow is $383 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $150k).
Location & tenants
- Location reads 71/100 on livability (#413 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
- Crestwood Local (rural): math 51% / reading 64% proficiency, ranked #313 of 656 in OH (top 48%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: 19 active listings in the ZIP; 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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- Only 3 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.
- Current owner paid $72k; list at $150k implies a 107% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1875 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1875 — 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.
- 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
- 1.15% ✓
- Cap rate
- 9.36%
- Cash-on-cash
- 10.95%
- DSCR
- 1.49
- GRM
- 7.3
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 0.1%
- Equity multiple
- 1.00×
- Total profit
- $83
- Equity at exit
- $22,365
- IRR
- 9.7%
- Equity multiple
- 1.75×
- Total profit
- $31,445
- Equity at exit
- $12,969
Cash invested: $42,000 (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 44234
- Active inventory
- 19
- Price-to-rent
- 7.3×
Monthly cashflow live
- Estimated rent
- $1,720 medium interval (Pro) →
- Mortgage (P&I)
- −$787
- Tax from tax record
- −$127 /mo · $1,518/yr
- Insurance
- −$62
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$361
- Net cashflow
- $383
Break-even live
Sensitivity live
| Price | -10% $468 | -5% $426 | +0% $383 | +5% $341 | +10% $298 |
|---|---|---|---|---|---|
| Rent | -10% $247 | -5% $315 | +0% $383 | +5% $451 | +10% $519 |
| Rate | -1.0pp $459 | -0.5pp $421 | base $383 | +0.5pp $344 | +1.0pp $305 |
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
- $37,500
- Closing costs
- $4,500
- 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.
Listing history 17 events
-
2026-05-15status Pending
-
2026-05-12$150,000 Active
-
2022-06-10soldstatus $72,500
-
2022-06-09status Pending 774-char remark
Show marketing remark (774 chars)
Great Hiram Rapids location for this 3 Bedroom, 2 full Bath century colonial with updated mechanicals and carpet. Large Living Room, Family Room and Office on first floor along with a spacious eat-in Kitchen with a sliding door to the back yard. The 2nd floor has a huge Master Bedroom (large enough to be 2 rooms) along with a large 2nd Bedroom and full Bathroom. 2-car attached garage. New since 2013: High efficient gas furnace, 100 amp breaker panel, concrete floor in basement, well pump, pressure tank and water line to house from well, carpet & flooring in Kitchen and 1st floor bathroom. Family Room can be used as a bedroom or split the master bedroom into 2 separate rooms. With accepted offer, seller will escrow funds for septic replacement after closing.
-
2022-06-08soldstatus $72,500 Closed 774-char remark
Show marketing remark (774 chars)
Great Hiram Rapids location for this 3 Bedroom, 2 full Bath century colonial with updated mechanicals and carpet. Large Living Room, Family Room and Office on first floor along with a spacious eat-in Kitchen with a sliding door to the back yard. The 2nd floor has a huge Master Bedroom (large enough to be 2 rooms) along with a large 2nd Bedroom and full Bathroom. 2-car attached garage. New since 2013: High efficient gas furnace, 100 amp breaker panel, concrete floor in basement, well pump, pressure tank and water line to house from well, carpet & flooring in Kitchen and 1st floor bathroom. Family Room can be used as a bedroom or split the master bedroom into 2 separate rooms. With accepted offer, seller will escrow funds for septic replacement after closing.
-
2022-05-16historical Contingent 774-char remark
Show marketing remark (774 chars)
Great Hiram Rapids location for this 3 Bedroom, 2 full Bath century colonial with updated mechanicals and carpet. Large Living Room, Family Room and Office on first floor along with a spacious eat-in Kitchen with a sliding door to the back yard. The 2nd floor has a huge Master Bedroom (large enough to be 2 rooms) along with a large 2nd Bedroom and full Bathroom. 2-car attached garage. New since 2013: High efficient gas furnace, 100 amp breaker panel, concrete floor in basement, well pump, pressure tank and water line to house from well, carpet & flooring in Kitchen and 1st floor bathroom. Family Room can be used as a bedroom or split the master bedroom into 2 separate rooms. With accepted offer, seller will escrow funds for septic replacement after closing.
-
2022-05-10$95,000 Active 774-char remark
Show marketing remark (774 chars)
Great Hiram Rapids location for this 3 Bedroom, 2 full Bath century colonial with updated mechanicals and carpet. Large Living Room, Family Room and Office on first floor along with a spacious eat-in Kitchen with a sliding door to the back yard. The 2nd floor has a huge Master Bedroom (large enough to be 2 rooms) along with a large 2nd Bedroom and full Bathroom. 2-car attached garage. New since 2013: High efficient gas furnace, 100 amp breaker panel, concrete floor in basement, well pump, pressure tank and water line to house from well, carpet & flooring in Kitchen and 1st floor bathroom. Family Room can be used as a bedroom or split the master bedroom into 2 separate rooms. With accepted offer, seller will escrow funds for septic replacement after closing.
-
2021-11-16historical
-
2021-06-04$95,000 Active
-
2020-10-11historical
-
2020-04-11$95,000 Active
-
2019-12-20historical
-
2019-10-16price $89,900
-
2019-08-12$99,900 Active
-
2011-05-13historical
-
2011-01-06$49,900
-
2003-05-23soldstatus $103,000
ⓘ 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
- $1,518 · $127/mo
- Projected year-2 tax
- $1,929 · $161/mo
- Expected delta
- +$411/yr (+$34/mo · 27.1%)
ⓘ 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 ≥95°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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,639
- − Mortgage interest
- −$8,402
- − Property taxes
- −$1,518
- − Insurance
- −$750
- − Repairs & maintenance
- −$1,651
- − Management
- −$1,651
- − Depreciation
- −$4,364
- Taxable income
- $2,303
- Est. tax owed @ 24.0%
- −$553
- After-tax cash flow
- $4,045/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
- Crestwood Local
- NCES district ID
- 3904918
- Math proficiency
- 51% ▼ -16.00%
- Reading proficiency
- 64% ▼ -5.00%
- Median HH income
- $58,483
- Composite
- 49.77/100
- National rank
- #1961
- State rank
- #313 of 656 in OH
Livability — Hiram
- Score
- 71/100
- State rank
- #413
- US rank
- #6814
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Portage · 165,699 people
- Metro
- Akron, OH
- Population (ZIP)
- 4,078
- Household income
- $73,519
- Rent vs Own
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 (86%)
- Race & ethnicity
- White 86% Black 7% Two or more races 4% Hispanic / Latino 3%
- Common ancestry
- Italian 4% Romanian 4% Lithuanian 2%
- Foreign-born
- 2% · Canada
- Languages at home
- 97% English-only · Spanish 1% Vietnamese 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
- ▼ -125.69%
- Current HPI
- 210.5904
- Rent YoY
- —
- Metro
- —
- 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 |
|
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Price history
+45.6% since first listed17 events — show timeline
- 2026-05-15 Pending — MLSNOW
- 2026-05-12 Listed $150,000 MLSNOW
- 2022-06-10 Sold (Public Records) $72,500 Public Records
- 2022-06-09 Pending — MLSNOW
- 2022-06-08 Sold (MLS) $72,500 MLSNOW
- 2022-05-16 Contingent — MLSNOW
- 2022-05-10 Listed $95,000 MLSNOW
- 2021-11-16 Listing Removed — MLSNOW
- 2021-06-04 Listed $95,000 MLSNOW
- 2020-10-11 Listing Removed — MLSNOW
- 2020-04-11 Listed $95,000 MLSNOW
- 2019-12-20 Listing Removed — MLSNOW
- 2019-10-16 Price Changed $89,900 MLSNOW
- 2019-08-12 Listed $99,900 MLSNOW
- 2011-05-13 Listing Removed — MLSNOW
- 2011-01-06 Listed $49,900 MLSNOW
- 2003-05-23 Sold (Public Records) $103,000 Public Records
Property tax history
+1.9%/yrLatest (2025): $1,518 · +3.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…