1354 Arnold Ave · Akron, OH 44305

$77,000

2 bd · 1.0 ba · 896 sqft · SingleFamily public records · 12 Days on market

Built 1928 4,800 sqft lot Est $112k · 31% under

---

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 +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.7/10.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

SELLING AS A PACKAGE ONLY WITH 317 STANTON AVE, AKRON, OH (MLS 5213289) AND 2330 16TH ST SW, AKRON, OH (MLS 5213284)!!!! Come get your turn-key investment properties priced to sell to add to your existing portfolio or start your venture into rentals! Properties are in easy-to-rent Akron neighborhoods. All are within a 10 minute or less commute to major area hospitals, the University of Akron, and Stark State College Akron. Each home is currently tenant occupied. 317 Stanton Ave features 3 bedrooms, 1 bathroom, a full basement, and a single-car garage. 1354 Arnold Ave features 2 bedrooms, 1 bathroom, a full basement, and a single car garage. 2330 16th St SW features 2 bedrooms, 1 bathro

Key facts

• 4,800 sq ft lot
• Garage
• Built 1928

Property features AI

Exterior

• Parking: Detached garage with driveway (1 garage space)
• Utilities: Public water; Public sewer
• Home design: Single-story home; Asphalt shingle roof; Aluminum siding
• Construction: Built as recorded in public records; Aluminum siding construction
• Exterior features: Front porch; City lot

Interior

• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced-air heating (gas)
• Interior features: Full basement; Living room fireplace
• Laundry & utility: Laundry in basement

🏷️ Possibly a rental listed for sale. The $77,000 price doesn't fit this home's estimated sale value (~$112,000) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $77k.

Deal economics

• At list price, monthly cash flow is $311 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $77k).
• Cap rate 11.1% 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.
• Zoned schools: Barber Community Learning Center (math 22% / reading 27%, grade F, #1,217 of 1,584 statewide, top 78%, 312 students, 0% FRL); National Inventors Hall of Fame School Center For Stem (math 45% / reading 56%, grade C, #413 of 654 statewide, top 63%, 406 students, 0% FRL); Akron Early College High School (math 62% / reading 98%, grade A, #34 of 781 statewide, top 4%, 377 students, 0% FRL) — zoned schools average 0% FRL vs 66% district-wide (66 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 52% at this address vs 26% district-wide (+26 pts) — the actual schools serving this property are materially stronger than the Akron City average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+4.5%/yr); 101 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $532 of loan paydown is wiped out by about $2k 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 + 4.5% rent growth), your $22k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 24y 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.

Risks & watch-outs

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $77,000

Questions for the listing agent

1. Built in 1928 — 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: 1.47% ✓
• Cap rate: 11.14%
• Cash-on-cash: 17.30%
• DSCR: 1.77
• GRM: 5.7

CMA / ARV

• ARV (on-the-fly): $112,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1177 Smithfarm Ave	0.35mi	2/1.0	992 (+11%)	2mo	$113,000	$114	64
1379 Ottawa Ave	0.18mi	3/1.0 (+1)	999 (+12%)	4mo	$99,500	$100	64
1102 Tonawanda Ave	0.40mi	3/1.0 (+1)	960 (+7%)	1mo	$97,000	$101	64
1465 Laffer Ave	0.37mi	2/1.0	792 (-12%)	1mo	$109,900	$139	63
1371 Laffer Ave	0.36mi	3/1.0 (+1)	960 (+7%)	7mo	$120,000	$125	61
787 Shoshone Ave	0.54mi	2/1.5	932 (+4%)	8mo	$149,900	$161	60
1604 Ottawa Ave	0.53mi	2/1.0	950 (+6%)	7mo	$127,000	$134	59
1364 Eastwood Ave	0.40mi	2/1.0	1,027 (+15%)	3mo	$83,000	$81	54
1267 Tioga Ave	0.64mi	3/1.0 (+1)	960 (+7%)	4mo	$93,500	$97	50
1376 Tioga Ave	0.63mi	3/1.0 (+1)	960 (+7%)	6mo	$135,000	$141	49
862 Chinook Ave	0.58mi	3/1.0 (+1)	1,008 (+12%)	9mo	$112,500	$112	39
1530 Indianola Ave	0.60mi	3/1.0 (+1)	1,020 (+14%)	6mo	$129,900	$127	39

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 · 4.51% rent growth · sell at horizon

5-year hold

• IRR: 10.5%
• Equity multiple: 1.42×
• Total profit: $9,119
• Equity at exit: $11,481

10-year hold

• IRR: 20.9%
• Equity multiple: 2.90×
• Total profit: $41,028
• Equity at exit: $6,658

Cash invested: $21,560 (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 44305

• Rents YoY: 4.5%
• Active inventory: 101
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,133 high
• Mortgage (P&I): −$404
• Tax from tax record: −$148 /mo · $1,778/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$238
• Net cashflow: $311

Break-even live

Break-even rent $739

Max offer price $77,000

Occupancy floor 68%

Sensitivity live

Price	-10% $354	-5% $333	+0% $311	+5% $289	+10% $267
Rent	-10% $221	-5% $266	+0% $311	+5% $356	+10% $400
Rate	-1.0pp $350	-0.5pp $330	base $311	+0.5pp $291	+1.0pp $271

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: $19,250
• Closing costs: $2,310
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1318 Arnold Ave Akron, OH	3.0	1.0	1056	$1,450	$1.37	46d	1	0.08mi
676 Grifton Ave Akron, OH	2.0	1.0	703	$1,000	$1.42	46d	1	0.40mi
680 Grifton Ave Akron, OH	2.0	1.0	828	$1,050	$1.27	25d	1	0.41mi
1190 Hazel St Akron, OH	3.0	1.0	1124	$1,425	$1.27	46d	1	0.49mi
237 Kryder Ave Unit 237 Akron, OH	2.0	1.0	860	$850	$0.99	46d	1	0.62mi
857 Kennebec Ave Akron, OH	3.0	1.0	1008	$1,350	$1.34	46d	1	0.63mi
208 Barder Ave Akron, OH	3.0	1.0	924	$1,050	$1.14	46d	1	0.73mi
1428 Sara Ave Akron, OH	2.0	1.0	1080	$1,050	$0.97	16d	1	0.84mi
243 Watson St Akron, OH	2.0	1.0	750	$950	$1.27	46d	1	0.87mi
1635 Bronson Rd Akron, OH	3.0	1.0	1110	$1,245	$1.12	16d	1	0.88mi
1044 Brittain Rd Unit 1050 Akron, OH	1.0	1.0	700	$785	$1.12	46d	1	0.89mi
1050 Brittain Rd Akron, OH	1.0	1.0	700	$785	$1.12	46d	1	0.89mi
109 Kent Ct Akron, OH	2.0	1.0	1032	$1,142	$1.11	25d	1	0.90mi
134 N Arlington St Akron, OH	2.0	1.0	964	$900	$0.93	25d	1	1.00mi
1820 Malasia Rd Unit 2 Akron, OH	2.0	1.0	741	$925	$1.25	46d	1	1.03mi
1820 Malasia Rd Akron, OH	2.0	1.0	741	$895	$1.21	23d	1	1.03mi
797 E Market St Apt 209 Akron, OH	1.0	1.0	600	$1,350	$2.25	25d	1	1.12mi
797 E Market St Apt 220 Akron, OH	2.0	1.5	1100	$1,500	$1.36	25d	1	1.12mi
1628 E Market St Akron, OH	2.0	1.0	800	$850	$1.06	46d	1	1.16mi
167 Chittenden St #1 Akron, OH	2.0	1.0	900	$850	$0.94	46d	1	1.23mi
167 Chittenden St Unit 3 Akron, OH	1.0	1.0	575	$700	$1.22	46d	1	1.24mi
167 Chittenden St Apt 2 Akron, OH	2.0	1.0	900	$825	$0.92	46d	1	1.24mi
166 Chittenden St Akron, OH	3.0	1.0	1020	$985	$0.97	46d	1	1.26mi
801 E Exchange St Akron, OH	2.0	1.0	850	$925	$1.09	25d	1	1.30mi
783 E Exchange St Unit 2nd Akron, OH	2.0	1.0	951	$875	$0.92	25d	1	1.33mi
481 Tompkins Ave Akron, OH	2.0	1.0	800	$749	$0.94	16d	1	1.41mi
605 E Buchtel Ave Unit 1 Akron, OH	2.0	1.0	1000	$695	$0.69	16d	1	1.46mi
590 E Buchtel Ave Akron, OH	1.0	1.0	600	$679	$1.13	46d	1	1.49mi

Listing history 11 events

1. 2026-06-10
   days on market $77,000 Active 12 DOM
2. 2026-06-09
   days on market $77,000 Active 11 DOM
3. 2026-06-08
   days on market $77,000 Active 10 DOM
4. 2026-06-07
   days on market $77,000 Active 9 DOM
5. 2026-06-05
   days on market $77,000 Active 6 DOM
6. 2026-06-03
   days on market $77,000 Active 5 DOM
7. 2026-06-02
   days on market $77,000 Active 4 DOM
8. 2026-06-01
   days on market $77,000 Active 3 DOM
9. 2026-05-31
   days on market $77,000 Active 2 DOM
10. 2026-05-31
    remarks 699-char remark
11. 2026-05-31
    listed $77,000 Active 1 DOM

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

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $1,778 · $148/mo
• Projected year-2 tax: $1,778 · $148/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 · 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: $13,593
• − Mortgage interest: −$4,313
• − Property taxes: −$1,778
• − Insurance: −$385
• − Repairs & maintenance: −$1,087
• − Management: −$1,087
• − Depreciation: −$2,240
• Taxable income: $2,703
• Est. tax owed @ 24.0%: −$649
• After-tax cash flow: $3,082/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): 21,103
• Household income: $52,768
• Rent vs Own: 42.7% rent · 57.3% own
• Severe rent burden: 1021.0

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 0.57)
• Race & ethnicity: White 62% Black 20% Two or more races 12% Asian 5% Hispanic / Latino 2%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 4% · India, Philippines, Canada
• Languages at home: 94% English-only · Other Asian/Pacific 3% Other Indo-European 1% Spanish 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: ▼ -140.39%
• Current HPI: 190.6223
• Rent YoY: ▲ 4.51%
• 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

+105.3% since first listed

8 events — show timeline

• 2026-05-29 Listed $77,000 MLSNOW
• 2014-07-18 Listing Removed — MLSNOW
• 2013-07-18 Listed $19,900 MLSNOW
• 2013-07-15 Listing Removed — MLSNOW
• 2013-02-25 Listed $19,000 MLSNOW
• 2002-09-09 Sold (Public Records) $69,500 Public Records
• 2002-06-10 Listed $69,500 MLSNOW
• 1989-04-11 Sold (Public Records) $37,500 Public Records

Property tax history

+2.6%/yr

Latest (2025): $1,778 · +0.2% YoY. Source: county tax records.