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740 Fuller St
B+ Composite 78.09
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
  • Rent growth +4.4/5.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$84,900

740 Fuller St · Akron, OH 44306
3 bd · 1.0 ba · 1,573 sqft · SingleFamily public records · 8 Days on market
Built 1928 10,881 sqft lot Est $109k · 22% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to this updated 3-bedroom, 1-full-bath home with a detached 2-car garage in Akron. Freshly refreshed throughout, this move-in-ready property offers immediate comfort and modern touches. The entire home features brand-new flooring and fresh interior paint for a clean, bright appearance. With 3 spacious bedrooms and a detached 2-car garage, this home provides practical living in a convenient Akron location. Nothing left to do but move right in! Agent-owned.

Key facts

  • 0.25 acre lot
  • 2 garage spots
  • Built 1928

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 3-bed/1.0-bath single-family listed at $85k.

Deal economics

  • At list price, monthly cash flow is $410 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $85k).
  • Cap rate 12.1% 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.
  • Market conditions: Rents rising fast (+7.6%/yr); 69 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($42k/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 $587 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 + 7.6% rent growth), your $24k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • Current owner paid $45k; list at $85k implies a 89% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $84,900

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
1.55%
Cap rate
12.09%
Cash-on-cash
20.69%
DSCR
1.92
GRM
5.4

CMA / ARV

ARV (on-the-fly)
$108,537
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
632 Roscoe Ave 0.24mi 3/1.0 1,483 (-6%) 2mo $85,000 $57 78
1098 Wyley Ave 0.26mi 3/1.0 1,480 (-6%) 11mo $75,000 $51 69
450 Lucy St 0.60mi 4/1.5 (+1) 1,552 (-1%) 11mo $74,500 $48 54
1122 Delos St 0.27mi 3/2.0 1,364 (-13%) 9mo $230,000 $169 54
244 Kelly Ave 0.49mi 3/1.5 1,692 (+8%) 16mo $99,000 $59 49
941 Hunt St 0.46mi 4/2.0 (+1) 1,761 (+12%) 2mo $154,000 $87 48
897 Davies Ave 0.62mi 4/3.0 (+1) 1,500 (-5%) 4mo $89,000 $59 47
522 Winans Ave 0.73mi 3/1.0 1,373 (-13%) 5mo $95,000 $69 41
900 Ardella Ave 0.58mi 3/2.0 1,404 (-11%) 13mo $76,600 $55 41
1172 5th Ave 0.69mi 4/2.5 (+1) 1,428 (-9%) 1mo $233,000 $163 40
455 Talbot Ave 0.68mi 3/1.0 1,373 (-13%) 11mo $105,000 $76 38
820 Ravenswood St 0.49mi 4/1.5 (+1) 1,360 (-14%) 16mo $128,000 $94 34

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 · 7.63% rent growth · sell at horizon

5-year hold
IRR
18.4%
Equity multiple
1.79×
Total profit
$18,813
Equity at exit
$12,659
10-year hold
IRR
30.0%
Equity multiple
4.33×
Total profit
$79,175
Equity at exit
$7,341

Cash invested: $23,772 (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 44306

Rents YoY
7.6%
Active inventory
69
Price-to-rent
5.4×

Monthly cashflow live

Estimated rent
$1,317 high interval (Pro) →
Mortgage (P&I)
$445
Tax from tax record
$150 /mo · $1,795/yr
Insurance
$35
HOA
$0
Vacancy / Maint / Mgmt
$276
Net cashflow
$410

Break-even live

Break-even rent $798
Max offer price $84,900
Occupancy floor 64%

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
$21,225
Closing costs
$2,547
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 30 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1280 7th Ave Akron, OH 2.0 1.0 1152 $1,200 $1.04 14d 1 0.45mi
1125 Georgia Ave Akron, OH 3.0 1.0 1060 $1,300 $1.23 14d 1 0.51mi
497 Lucy St Akron, OH 4.0 1.0 1600 $1,500 $0.94 43d 1 0.54mi
488 Alexander St Akron, OH 4.0 2.0 1311 $1,350 $1.03 23d 1 0.61mi
990 Baird St Akron, OH 3.0 1.0 1140 $1,250 $1.10 43d 1 0.63mi
516 Whitney Ave Akron, OH 4.0 2.0 1676 $1,500 $0.89 43d 1 0.67mi
1182 5th Ave Akron, OH 3.0 1.0 1248 $1,250 $1.00 14d 1 0.72mi
1070 Super Genius Cir Akron, OH 2.0–4.0 1.0–2.0 1145 $1,174 $1.03 14d 1 0.78mi
377 Talbot Ave Akron, OH 2.0 1.0 1070 $1,050 $0.98 43d 1 0.84mi
1204 Inman St Akron, OH 3.0 1.0 1080 $1,200 $1.11 23d 1 0.88mi
1125 2nd Ave Akron, OH 3.0 1.0 1373 $1,100 $0.80 23d 1 0.93mi
1076 Ackley St Akron, OH 4.0 2.0 1998 $2,000 $1.00 14d 1 1.12mi
1071 Ackley St Akron, OH 4.0 2.0 1164 $1,175 $1.01 43d 1 1.14mi
979 Neptune Ave Akron, OH 3.0 1.0 1248 $1,250 $1.00 23d 1 1.15mi
1040 Neptune Ave Akron, OH 4.0 1.0 1400 $1,300 $0.93 43d 1 1.16mi
1085 Herberich Ave Akron, OH 4.0 1.0 1350 $1,400 $1.04 43d 1 1.19mi
1114 Herberich Ave Akron, OH 4.0 1.0 1308 $1,200 $0.92 43d 1 1.21mi
1428 Sara Ave Akron, OH 2.0 1.0 1080 $1,050 $0.97 14d 1 1.28mi
987 Boone St Akron, OH 3.0 1.0 1248 $1,100 $0.88 23d 1 1.31mi
1012 Brown St Akron, OH 4.0 2.0 1518 $1,295 $0.85 43d 1 1.34mi
1297 Pondview Ave Akron, OH 4.0 1.0 1373 $1,450 $1.06 23d 1 1.35mi
435 Margaret St Akron, OH 4.0 2.0 1900 $1,450 $0.76 43d 1 1.37mi
885 Brown St Akron, OH 4.0 2.0 1280 $1,400 $1.09 23d 1 1.37mi
466 Adkins Ave Akron, OH 4.0 1.5 1800 $1,450 $0.81 43d 1 1.42mi
1028 Kling St Akron, OH 4.0 2.0 1500 $1,450 $0.97 43d 1 1.44mi
450 Stanton Ave Akron, OH 3.0 2.0 1927 $1,425 $0.74 43d 1 1.45mi
907 Kling St Akron, OH 3.0 1.0 1248 $1,250 $1.00 14d 1 1.45mi
432 N Firestone Blvd Unit 1496097P Akron, OH 4.0 2.0 1926 $6,253 $3.25 21d 1 1.45mi
796 Brown St Akron, OH 4.0 2.0 1200 $900 $0.75 43d 1 1.46mi
1395 Goodyear Blvd Akron, OH 3.0 1.5 1542 $1,450 $0.94 43d 1 1.47mi

Listing history 4 events

  1. 2026-04-20
    status Pending
  2. 2026-04-12
    listed $84,900 Active
  3. 2025-09-22
    soldstatus $45,000
  4. 2009-04-09
    soldstatus $22,240

ⓘ 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
$1,795 · $150/mo
Projected year-2 tax
$1,795 · $150/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 · 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
$15,798
− Mortgage interest
−$4,756
− Property taxes
−$1,795
− Insurance
−$424
− Repairs & maintenance
−$1,264
− Management
−$1,264
− Depreciation
−$2,470
Taxable income
$3,826
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$918
After-tax cash flow
$4,000/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)
20,905
Household income
$41,688
Rent vs Own
56.4% rent · 43.6% own
Severe rent burden
1251.0

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 0.62)
Race & ethnicity
White 48% Black 38% Two or more races 8% Hispanic / Latino 3% Asian 2%
Common ancestry
Lithuanian 2% Iranian 1% Scotch-Irish 1%
Foreign-born
4% · Vietnam, Canada, Philippines
Languages at home
94% English-only · Spanish 2% Other Asian/Pacific 1% Vietnamese 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
▼ -101.46%
Current HPI
132.768
Rent YoY
▲ 7.63%
Metro
Akron, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+281.7% since first listed
4 events — show timeline
  • 2026-04-20 Pending MLSNOW
  • 2026-04-12 Listed $84,900 MLSNOW
  • 2025-09-22 Sold (Public Records) $45,000 Public Records
  • 2009-04-09 Sold (Public Records) $22,240 Public Records

Property tax history

+8.8%/yr

Latest (2025): $1,795 · +51.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…