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6279 Allyn Rd
C+ Composite 62.57
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

6279 Allyn Rd · Hiram, OH 44234
2 bd · 1.0 ba · 1,556 sqft · SingleFamily public records · 3 Days on market
Built 1875 10,454 sqft lot

🖨 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

TWO-ROOM PRIMARY SUITEFLEXIBLE FAMILY ROOMSPACIOUS LIVING ROOMEXTENSIVE MECHANICAL UPDATESCONVENIENT FIRST-FLOOR LAUNDRYCORNER LOT

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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $150,000

Questions for the listing agent

  1. Built in 1875 — 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
1.15%
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

5-year hold
IRR
0.1%
Equity multiple
1.00×
Total profit
$83
Equity at exit
$22,365
10-year hold
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
3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

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

Break-even rent $1,235
Max offer price $150,000
Occupancy floor 73%

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

  1. 2026-05-15
    status Pending
  2. 2026-05-12
    listed $150,000 Active
  3. 2022-06-10
    soldstatus $72,500
  4. 2022-06-09
    status 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.

  5. 2022-06-08
    soldstatus $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.

  6. 2022-05-16
    historical 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.

  7. 2022-05-10
    listed $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.

  8. 2021-11-16
    historical
  9. 2021-06-04
    listed $95,000 Active
  10. 2020-10-11
    historical
  11. 2020-04-11
    listed $95,000 Active
  12. 2019-12-20
    historical
  13. 2019-10-16
    price $89,900
  14. 2019-08-12
    listed $99,900 Active
  15. 2011-05-13
    historical
  16. 2011-01-06
    listed $49,900
  17. 2003-05-23
    soldstatus $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

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

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
16.0% rent · 84.0% 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

Price history

+45.6% since first listed
17 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%/yr

Latest (2025): $1,518 · +3.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…