9978 Mordred Ln · Streetsboro, OH 44241

$38,000

2 bd · 2.0 ba · 1,080 sqft · SingleFamily · 154 Days on market

Built 1998 Fair condition $35/sqft · 44% below area Est $68k · 44% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.4/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This lovely, cozy home located on a quiet cul-de-sac in Camelot Village is a must see!!!! The well-kept 2-bedroom, 2 full bath mobile/manufactured home offers fresh paint, new furnace, a family room, nicely sized kitchen, laundry room, large deck, two off street parking spaces, and a shed for lawn equipment/storage. Community amenities include a park/playground, basketball court, pavilion, activities for families throughout the year, and convenient location close to shopping and main roads!

Key facts

• Nicely sized kitchen
• Large deck
• New furnace

Tags

• QUIET CUL-DE-SAC
• FRESH PAINT
• NEW FURNACE
• NICELY SIZED KITCHEN
• LAUNDRY ROOM
• LARGE DECK

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $38k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $932 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $38k).
• Recommended offer: $33k (12.0% below list) — sets the bar for market timing.
• Cap rate 35.7% vs local median 3.6% in Streetsboro — 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 77/100 on livability (#194 in OH, #2,965 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Streetsboro City (suburban): math 44% / reading 56% proficiency, ranked #425 of 656 in OH (top 65%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 68 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $263 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 154 days — a 12% lower offer ($33k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $7k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $24k; list at $38k implies a 58% gain — meaningful room to come down on a strong offer.

Recommended offer $33,440 (12.0% below list)

Questions for the listing agent

1. It's been on market 154 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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.
7. 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.
8. 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: 3.98% ✓
• Cap rate: 35.73%
• Cash-on-cash: 105.14%
• DSCR: 5.68
• GRM: 2.1

CMA / ARV

• ARV (median comp): $67,976
• List price: $38,000
• Delta: -44.10%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1471 Lancelot Dr	0.10mi	3/1.0 (+1)	1,000 (-7%)	2mo	$15,000	$15	72
1556 Clarius Cir E	0.28mi	3/2.0 (+1)	1,050 (-3%)	7mo	$60,900	$58	72
10121 William Henry Dr	0.37mi	3/2.0 (+1)	1,080 (0%)	7mo	$46,000	$43	72
9977 Mordred Ln	0.03mi	3/2.0 (+1)	980 (-9%)	22mo	$26,000	$27	60
1196 Gaynelle Ave	0.70mi	2/2.0	1,164 (+8%)	10mo	$132,500	$114	46
9928 Meldon Dr	0.48mi	3/1.0 (+1)	1,212 (+12%)	18mo	$270,000	$223	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.00×
• Total profit: $53,238
• Equity at exit: $5,666

10-year hold

• IRR: —
• Equity multiple: 12.55×
• Total profit: $122,903
• Equity at exit: $3,286

Cash invested: $10,640 (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 44241

• Active inventory: 68
• Price-to-rent: 2.1×

Monthly cashflow live

• Estimated rent: $1,512 high
• Mortgage (P&I): −$199
• Tax est. 1.5%: −$48 /mo · $570/yr
• Insurance: −$16
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $932

Break-even live

Break-even rent $332

Max offer price $38,000

Occupancy floor 33%

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: $9,500
• Closing costs: $1,140
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1425 Frost Rd Streetsboro, OH	3.0	1.0–2.0	1312	$1,500	$1.14	17d	1	0.10mi
9996 Delores Dr Streetsboro, OH	2.0	1.5	1350	$1,496	$1.11	20d	4	0.47mi
9996 Delores Dr Streetsboro, OH	2.0	1.5	1350	$1,495	$1.11	12d	2	0.47mi
10002 Delores Dr Streetsboro, OH	2.0	1.5	1350	$1,495	$1.11	43d	1	0.49mi
1143 Frost Rd Streetsboro, OH	2.0	1.5	898	$1,200	$1.34	43d	1	0.53mi
10052 Hazelton Rd Streetsboro, OH	3.0	2.0	1390	$1,750	$1.26	13d	1	0.75mi
872 W Kensington Ln Streetsboro, OH	2.0	1.5	1099	$1,500	$1.36	13d	1	0.92mi
725 Bridgeport Ave Streetsboro, OH	2.0–3.0	1.0–2.0	1221	$1,415	$1.16	13d	25	1.26mi
9250 Shady Lake Dr Streetsboro, OH	1.0–2.0	1.0–2.0	1000	$1,780	$1.78	13d	37	1.32mi
9295 Dorothy Dr Streetsboro, OH	3.0	1.0	1092	$1,950	$1.79	23d	1	1.33mi

Listing history 22 events

1. 2026-06-18
   days on market $38,000 Active 154 DOM
2. 2026-06-17
   days on market $38,000 Active 153 DOM
3. 2026-06-16
   days on market $38,000 Active 152 DOM
4. 2026-06-15
   days on market $38,000 Active 151 DOM
5. 2026-06-14
   days on market $38,000 Active 149 DOM
6. 2026-06-13
   days on market $38,000 Active 148 DOM
7. 2026-06-10
   days on market $38,000 Active 146 DOM
8. 2026-06-09
   days on market $38,000 Active 145 DOM
9. 2026-06-08
   days on market $38,000 Active 144 DOM
10. 2026-06-07
    days on market $38,000 Active 143 DOM
11. 2026-06-05
    days on market $38,000 Active 140 DOM
12. 2026-06-03
    days on market $38,000 Active 139 DOM
13. 2026-06-02
    days on market $38,000 Active 138 DOM
14. 2026-06-01
    days on market $38,000 Active 137 DOM
15. 2026-05-31
    days on market $38,000 Active 136 DOM
16. 2026-05-31
    days on market $38,000 Active 135 DOM
17. 2026-04-29
    price $38,000 495-char remark

    Show marketing remark (495 chars)

    This lovely, cozy home located on a quiet cul-de-sac in Camelot Village is a must see!!!! The well-kept 2-bedroom, 2 full bath mobile/manufactured home offers fresh paint, new furnace, a family room, nicely sized kitchen, laundry room, large deck, two off street parking spaces, and a shed for lawn equipment/storage. Community amenities include a park/playground, basketball court, pavilion, activities for families throughout the year, and convenient location close to shopping and main roads!

18. 2026-01-15
    listed $45,000 Active 495-char remark

    Show marketing remark (495 chars)

    This lovely, cozy home located on a quiet cul-de-sac in Camelot Village is a must see!!!! The well-kept 2-bedroom, 2 full bath mobile/manufactured home offers fresh paint, new furnace, a family room, nicely sized kitchen, laundry room, large deck, two off street parking spaces, and a shed for lawn equipment/storage. Community amenities include a park/playground, basketball court, pavilion, activities for families throughout the year, and convenient location close to shopping and main roads!

19. 2021-10-08
    soldstatus $24,000 Closed 419-char remark

    Show marketing remark (419 chars)

    Located on a quiet cul-de-sac in Camelot Village, this well kept 2 bedroom, 2 full bath mobile/manufactured home offers a family room, nicely sized kitchen, laundry room, large deck, two parking spaces, and a shed for lawn equipment/storage. Community amenities include a park/playground, basketball court, pavilion, activities for families throughout the year, and convenient location close to shopping and main roads!

20. 2021-09-07
    status Pending 419-char remark

    Show marketing remark (419 chars)

    Located on a quiet cul-de-sac in Camelot Village, this well kept 2 bedroom, 2 full bath mobile/manufactured home offers a family room, nicely sized kitchen, laundry room, large deck, two parking spaces, and a shed for lawn equipment/storage. Community amenities include a park/playground, basketball court, pavilion, activities for families throughout the year, and convenient location close to shopping and main roads!

21. 2021-08-10
    price $27,500 419-char remark

    Show marketing remark (419 chars)

    Located on a quiet cul-de-sac in Camelot Village, this well kept 2 bedroom, 2 full bath mobile/manufactured home offers a family room, nicely sized kitchen, laundry room, large deck, two parking spaces, and a shed for lawn equipment/storage. Community amenities include a park/playground, basketball court, pavilion, activities for families throughout the year, and convenient location close to shopping and main roads!

22. 2021-05-13
    listed $30,000 Active 419-char remark

    Show marketing remark (419 chars)

    Located on a quiet cul-de-sac in Camelot Village, this well kept 2 bedroom, 2 full bath mobile/manufactured home offers a family room, nicely sized kitchen, laundry room, large deck, two parking spaces, and a shed for lawn equipment/storage. Community amenities include a park/playground, basketball court, pavilion, activities for families throughout the year, and convenient location close to shopping and main roads!

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% 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: $18,149
• − Mortgage interest: −$2,129
• − Property taxes: −$570
• − Insurance: −$190
• − Repairs & maintenance: −$1,452
• − Management: −$1,452
• − Depreciation: −$1,105
• Taxable income: $11,251
• Est. tax owed @ 24.0%: −$2,700
• After-tax cash flow: $8,486/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This mobile home requires moderate repairs and maintenance to improve its condition and value. Painting the interior walls and clearing snow from the yard would significantly enhance its curb appeal and rental value.

Repairs flagged

• Minor wooden deck — slight wear
• Minor wooden deck stairs — slight wear

Value-add opportunities

• Resale paint interior walls — fresh paint enhances curb appeal
• Rental clear snow from yard — improves curb appeal and accessibility

Renovation cost estimate screening

Repair item	Severity	Est. cost
wooden deck · slight wear	Minor	$500–3,000
wooden deck stairs · slight wear	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Resale paint interior walls — fresh paint enhances curb appeal ↑
• Rental clear snow from yard — improves curb appeal and accessibility ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Streetsboro City
• NCES district ID: 3904923
• Math proficiency: 44% ▼ -20.00%
• Reading proficiency: 56% ▼ -13.00%
• Median HH income: $59,660
• Composite: 43.66/100
• National rank: #2960
• State rank: #425 of 656 in OH

Livability — Streetsboro

• Score: 77/100
• State rank: #194
• US rank: #2965

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Streetsboro, OH
• County: Portage · 165,699 people
• City population: 18,355
• Metro: Akron, OH
• Population (ZIP): 18,355
• Household income: $81,392
• Rent vs Own: 32.8% rent · 67.2% own
• Severe rent burden: 13.1

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 (79%)
• Race & ethnicity: White 79% Black 10% Two or more races 5% Hispanic / Latino 4% Asian 3%
• Common ancestry: Romanian 7% Iranian 3% Lithuanian 2%
• Foreign-born: 4% · Canada, South Korea, China
• Languages at home: 96% English-only · Spanish 2% Other Asian/Pacific 1% Korean 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: ▼ -185.48%
• Current HPI: 180.8517
• 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

Price history

+26.7% since first listed

6 events — show timeline

• 2026-04-29 Price Changed $38,000 MLSNOW
• 2026-01-15 Listed $45,000 MLSNOW
• 2021-10-08 Sold (MLS) $24,000 MLSNOW
• 2021-09-07 Pending — MLSNOW
• 2021-08-10 Price Changed $27,500 MLSNOW
• 2021-05-13 Listed $30,000 MLSNOW