1237 Mcintosh Ave · Akron, 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 3/10 · Minor
- Hot days now (above 97°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 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 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 +26.0/30.0
- DSCR +8.7/10.0
- 1% rule +6.2/10.0
- Livability +4.0/5.0
- Rent growth +3.5/5.0
- ARV discount +3.2/15.0
- Condition / age +2.5/5.0
- Schools +2.1/10.0
- Appreciation +0.0/10.0
$114,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Walk up to the enclosed front porch. Inside you will find a large living room open to the formal dining room with original built ins. Lots of original woodwork and front door to add charm. There is the first bedroom on the main level with wood flooring and a walk in closet. One full spacious bathroom. The entire upstairs is the second extra large bedroom. Kitchen includes dishwasher, microwave, range, and refrigerator. Full basement with newer washer and dryer(2022 purchased) There is a mud room when you first walk into the back of the house currently set up as an enclosed porch. The backyard is fenced in. Parking is in the back of the house from the alley. Room for four or five cars. Includes home warranty. Carpet and vinyl plank flooring about a year old. Close to the highways and shopping. Quiet street.
Key facts
- Updated kitchen
- Newer storage shed
- 5,201 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $115k.
Deal economics
- At list price, monthly cash flow is $284 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $115k).
- Cap rate 9.3% 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: Sam Salem Community Learning Center (math 37% / reading 42%, grade F, #1,055 of 1,584 statewide, top 68%, 342 students, 0% FRL); Innes Community Learning Center (math 8% / reading 15%, grade F, #641 of 654 statewide, top 98%, 641 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 44% at this address vs 26% district-wide (+18 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 (+3.9%/yr); 104 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
- This rent runs 33% of the median local income ($47k/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 $794 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 + 3.9% rent growth), your $32k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
- 6 sale attempts since 10y 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 $85k; 35% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1924 — 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.
- 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?
- 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
- 1.12% ✓
- Cap rate
- 9.26%
- Cash-on-cash
- 10.60%
- DSCR
- 1.47
- GRM
- 7.4
CMA / ARV
- ARV (on-the-fly)
- $104,960
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1263 W Waterloo Rd | 0.15mi | 3/2.5 (+1) | 1,369 (+4%) | 4mo | $70,000 | $51 | 72 |
| 103 Norwood St | 0.53mi | 3/2.0 (+1) | 1,301 (-1%) | 2mo | $129,500 | $100 | 64 |
| 1201 Weiser Ave | 0.24mi | 3/1.0 (+1) | 1,144 (-13%) | 1mo | $137,000 | $120 | 62 |
| 2650 30th St SW | 0.25mi | 3/1.0 (+1) | 1,134 (-14%) | 1mo | $62,500 | $55 | 60 |
| 1415 Woodbirch Ave | 0.51mi | 3/2.0 (+1) | 1,264 (-4%) | 5mo | $90,000 | $71 | 57 |
| 1155 Stanwood Ave | 0.61mi | 3/1.0 (+1) | 1,396 (+6%) | 1mo | $177,000 | $127 | 55 |
| 1223 Florida Ave | 0.57mi | 3/2.0 (+1) | 1,391 (+6%) | 2mo | $143,000 | $103 | 52 |
| 1178 Florida Ave | 0.57mi | 3/1.0 (+1) | 1,176 (-10%) | 7mo | $90,500 | $77 | 45 |
| 2253 East Ave | 0.57mi | 3/1.0 (+1) | 1,464 (+12%) | 8mo | $73,000 | $50 | 42 |
| 1304 Kellogg Ave | 0.73mi | 2/2.0 | 1,148 (-12%) | 2mo | $91,800 | $80 | 39 |
| 324 W State St | 0.67mi | 3/2.0 (+1) | 1,131 (-14%) | 0mo | $210,000 | $186 | 36 |
| 2190 23rd St SW | 0.73mi | 3/1.0 (+1) | 1,144 (-13%) | 8mo | $89,500 | $78 | 33 |
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 · 3.91% rent growth · sell at horizon
- IRR
- 0.5%
- Equity multiple
- 1.02×
- Total profit
- $654
- Equity at exit
- $17,132
- IRR
- 11.0%
- Equity multiple
- 1.89×
- Total profit
- $28,769
- Equity at exit
- $9,934
Cash invested: $32,172 (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 44314
- Rents YoY
- 3.9%
- Active inventory
- 104
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $1,286 high interval (Pro) →
- Mortgage (P&I)
- −$603
- Tax from tax record
- −$81 /mo · $973/yr
- Insurance
- −$48
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$270
- Net cashflow
- $284
Break-even live
Sensitivity live
| Price | -10% $349 | -5% $317 | +0% $284 | +5% $252 | +10% $219 |
|---|---|---|---|---|---|
| Rent | -10% $183 | -5% $233 | +0% $284 | +5% $335 | +10% $386 |
| Rate | -1.0pp $342 | -0.5pp $313 | base $284 | +0.5pp $254 | +1.0pp $224 |
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
- $28,725
- Closing costs
- $3,447
- 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.
Rent comps 15 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1138 Kohler Ave Akron, OH | 3.0 | 1.0 | 1000 | $1,250 | $1.25 | 16d | 1 | 0.19mi |
| 1292 W Wilbeth Rd Akron, OH | 3.0 | 1.0 | 1248 | $1,200 | $0.96 | 23d | 1 | 0.37mi |
| 1453 Woodbirch Ave Akron, OH | 3.0 | 2.0 | 1008 | $1,500 | $1.49 | 45d | 1 | 0.57mi |
| 1455 Woodbirch Ave Akron, OH | 3.0 | 2.0 | 1008 | $1,500 | $1.49 | 23d | 1 | 0.58mi |
| 1304 Kellogg Ave Akron, OH | 2.0 | 2.0 | 1148 | $2,000 | $1.74 | 16d | 1 | 0.76mi |
| 2138 East Ave Akron, OH | 3.0 | 1.0 | 990 | $1,100 | $1.11 | 25d | 1 | 0.81mi |
| 2211 18th St SW Akron, OH | 3.0 | 1.0 | 1332 | $1,250 | $0.94 | 16d | 1 | 0.86mi |
| 2139 18th St SW Akron, OH | 2.0 | 1.0 | 992 | $1,100 | $1.11 | 45d | 1 | 0.97mi |
| 2222 12th St SW Akron, OH | 3.0 | 1.5 | 1270 | $1,050 | $0.83 | 45d | 1 | 1.06mi |
| 2250 11th St SW Akron, OH | 3.0 | 1.0 | 1308 | $1,350 | $1.03 | 16d | 1 | 1.08mi |
| 2163 13th St SW Akron, OH | 3.0 | 2.5 | 1480 | $1,150 | $0.78 | 45d | 1 | 1.11mi |
| 2160 12th St SW Akron, OH | 3.0 | 1.0 | 1445 | $1,300 | $0.90 | 45d | 1 | 1.14mi |
| 773 Montana Ave Akron, OH | 3.0 | 1.5 | 1128 | $1,195 | $1.06 | 25d | 1 | 1.26mi |
| 875 Harrison Ave Akron, OH | 3.0 | 1.0 | 1157 | $1,150 | $0.99 | 16d | 1 | 1.26mi |
| 721 Polk Ave Akron, OH | 3.0 | 1.5 | 1500 | $1,600 | $1.07 | 25d | 1 | 1.38mi |
Listing history 19 events
-
2026-03-23status Pending
-
2026-03-10$114,900 Active
-
2025-12-11historical
-
2025-10-13$119,900 Active
-
2024-04-08soldstatus $85,000 Closed 817-char remark
Show marketing remark (817 chars)
Walk up to the enclosed front porch. Inside you will find a large living room open to the formal dining room with original built ins. Lots of original woodwork and front door to add charm. There is the first bedroom on the main level with wood flooring and a walk in closet. One full spacious bathroom. The entire upstairs is the second extra large bedroom. Kitchen includes dishwasher, microwave, range, and refrigerator. Full basement with newer washer and dryer(2022 purchased) There is a mud room when you first walk into the back of the house currently set up as an enclosed porch. The backyard is fenced in. Parking is in the back of the house from the alley. Room for four or five cars. Includes home warranty. Carpet and vinyl plank flooring about a year old. Close to the highways and shopping. Quiet street.
-
2024-03-25soldstatus $85,000
-
2024-01-31historical 817-char remark
Show marketing remark (817 chars)
Walk up to the enclosed front porch. Inside you will find a large living room open to the formal dining room with original built ins. Lots of original woodwork and front door to add charm. There is the first bedroom on the main level with wood flooring and a walk in closet. One full spacious bathroom. The entire upstairs is the second extra large bedroom. Kitchen includes dishwasher, microwave, range, and refrigerator. Full basement with newer washer and dryer(2022 purchased) There is a mud room when you first walk into the back of the house currently set up as an enclosed porch. The backyard is fenced in. Parking is in the back of the house from the alley. Room for four or five cars. Includes home warranty. Carpet and vinyl plank flooring about a year old. Close to the highways and shopping. Quiet street.
-
2024-01-29historical Contingent 817-char remark
Show marketing remark (817 chars)
Walk up to the enclosed front porch. Inside you will find a large living room open to the formal dining room with original built ins. Lots of original woodwork and front door to add charm. There is the first bedroom on the main level with wood flooring and a walk in closet. One full spacious bathroom. The entire upstairs is the second extra large bedroom. Kitchen includes dishwasher, microwave, range, and refrigerator. Full basement with newer washer and dryer(2022 purchased) There is a mud room when you first walk into the back of the house currently set up as an enclosed porch. The backyard is fenced in. Parking is in the back of the house from the alley. Room for four or five cars. Includes home warranty. Carpet and vinyl plank flooring about a year old. Close to the highways and shopping. Quiet street.
-
2024-01-04price $89,000 817-char remark
Show marketing remark (817 chars)
Walk up to the enclosed front porch. Inside you will find a large living room open to the formal dining room with original built ins. Lots of original woodwork and front door to add charm. There is the first bedroom on the main level with wood flooring and a walk in closet. One full spacious bathroom. The entire upstairs is the second extra large bedroom. Kitchen includes dishwasher, microwave, range, and refrigerator. Full basement with newer washer and dryer(2022 purchased) There is a mud room when you first walk into the back of the house currently set up as an enclosed porch. The backyard is fenced in. Parking is in the back of the house from the alley. Room for four or five cars. Includes home warranty. Carpet and vinyl plank flooring about a year old. Close to the highways and shopping. Quiet street.
-
2023-11-16$99,000 Active 817-char remark
Show marketing remark (817 chars)
Walk up to the enclosed front porch. Inside you will find a large living room open to the formal dining room with original built ins. Lots of original woodwork and front door to add charm. There is the first bedroom on the main level with wood flooring and a walk in closet. One full spacious bathroom. The entire upstairs is the second extra large bedroom. Kitchen includes dishwasher, microwave, range, and refrigerator. Full basement with newer washer and dryer(2022 purchased) There is a mud room when you first walk into the back of the house currently set up as an enclosed porch. The backyard is fenced in. Parking is in the back of the house from the alley. Room for four or five cars. Includes home warranty. Carpet and vinyl plank flooring about a year old. Close to the highways and shopping. Quiet street.
-
2022-06-23historical
-
2022-06-10$99,000 Active
-
2016-09-23soldstatus $10,000 Sold
-
2016-09-08status Pending
-
2016-08-24$12,500 Active
-
2016-08-01status Pending
-
2016-08-01historical
-
2016-07-26price $13,700
-
2016-06-08$21,200 Active
ⓘ 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
- $973 · $81/mo
- Projected year-2 tax
- $1,383 · $115/mo
- Expected delta
- +$410/yr (+$34/mo · 42.1%)
ⓘ 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 3/10 Moderate 7 d/yr ≥97°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
- $15,430
- − Mortgage interest
- −$6,436
- − Property taxes
- −$973
- − Insurance
- −$574
- − Repairs & maintenance
- −$1,234
- − Management
- −$1,234
- − Depreciation
- −$3,343
- Taxable income
- $1,634
- Est. tax owed @ 24.0%
- −$392
- After-tax cash flow
- $3,019/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
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)
- 17,885
- Household income
- $47,468
- Rent vs Own
- Severe rent burden
- 975.0
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
- Predominantly White (69%)
- Race & ethnicity
- White 69% Black 16% Two or more races 12% Hispanic / Latino 3% Asian 3%
- Common ancestry
- Slovak 2% Romanian 2% Lithuanian 1%
- Foreign-born
- 3% · India, Canada, Philippines
- Languages at home
- 96% English-only · Chinese 2% Russian/Polish/Slavic 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
- ▼ -166.61%
- Current HPI
- 151.066
- Rent YoY
- ▲ 3.91%
- 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 |
|
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| Utilities | 2 | $33B |
|
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Price history
+442.0% since first listed19 events — show timeline
- 2026-03-23 Pending — MLSNOW
- 2026-03-10 Listed $114,900 MLSNOW
- 2025-12-11 Listing Removed — MLSNOW
- 2025-10-13 Listed $119,900 MLSNOW
- 2024-04-08 Sold (MLS) $85,000 MLSNOW
- 2024-03-25 Sold (Public Records) $85,000 Public Records
- 2024-01-31 Listing Removed — MLSNOW
- 2024-01-29 Contingent — MLSNOW
- 2024-01-04 Price Changed $89,000 MLSNOW
- 2023-11-16 Listed $99,000 MLSNOW
- 2022-06-23 Listing Removed — MLSNOW
- 2022-06-10 Listed $99,000 MLSNOW
- 2016-09-23 Sold (MLS) $10,000 MLSNOW
- 2016-09-08 Pending — MLSNOW
- 2016-08-24 Listed $12,500 MLSNOW
- 2016-08-01 Pending — MLSNOW
- 2016-08-01 Listing Removed — MLSNOW
- 2016-07-26 Price Changed $13,700 MLSNOW
- 2016-06-08 Listed $21,200 MLSNOW
Property tax history
-1.3%/yrLatest (2025): $973 · -40.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…