1273 Barcelona Dr · Akron, OH 44313

$169,900

3 bd · 1.5 ba · 988 sqft · SingleFamily public records · 4 Days on market

Built 1961 6,873 sqft lot Est $200k · 15% under

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Why this score? — see what drove the D+ 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).

• ARV discount +14.2/15.0
• Cash flow +13.7/30.0
• Rent growth +4.5/5.0
• 1% rule +4.1/10.0
• DSCR +4.1/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Great ranch with many updates throughout! Quiet Merriman Valley location, convenient to shopping & restaurants, bordering beautiful Sand Run Metro Park. Large, bright Living Room leads to formal Dining Area. Nicely remodeled Kitchen (2022), including cabinets, countertops, tiled backsplash, stainless steel sink, and tile flooring. The Primary Bedroom features an updated Half Bath. The Main Bath features updated flooring, vanity, sink, tub surround & fixtures. The carpeting throughout was replaced in 2022. Exterior doors, paint, some electric & plumbing have been updated. There is a large front porch/deck, and a large deck in the rear, overlooking the private backyard.

Key facts

• Updated half bath
• Large front porch
• Remodeled kitchen

Tags

• MERRIMAN VALLEY LOCATION
• SAND RUN METRO PARK
• REMODELED KITCHEN
• UPDATED HALF BATH
• UPDATED FLOORING
• LARGE FRONT PORCH

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Single-story home; Aluminum siding
• Construction: Asphalt and fiberglass roof; Block foundation; Built according to public records
• Exterior features: Front porch; Deck; Partial fencing; Back yard; Front yard; City lot

Interior

• Bedrooms: 3 main-level bedrooms
• Bathrooms: 1 full bathroom; 1 half bathroom; 2 main-level bathrooms
• Heating & cooling: Central air conditioning; Forced-air gas heating
• Interior features: Shutters on windows; Full unfinished basement
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $11 ($135/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $155k (8.6% below list).
• Recommended offer: $155k (8.6% below list) — sets the bar for 1% rule.

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: King Community Learning Center (math 52% / reading 57%, grade C, #788 of 1,584 statewide, top 52%, 403 students, 0% FRL); Litchfield Community Learning Center (math 18% / reading 26%, grade F, #602 of 654 statewide, top 93%, 561 students, 0% FRL); Firestone Community Learning Center (math 21% / reading 51%, grade F, #579 of 781 statewide, top 74%, 1,162 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.
• Market conditions: Rents rising fast (+8.0%/yr); 128 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 19y 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 $50k; list at $170k implies a 240% gain — meaningful room to come down on a strong offer.

Recommended offer $155,224 (8.6% below list)

Questions for the listing agent

1. Built in 1961 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 0.91% ✗
• Cap rate: 6.37%
• Cash-on-cash: 0.28%
• DSCR: 1.01
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $199,576
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1289 Barcelona Dr	0.03mi	3/1.5	988 (0%)	8mo	$155,000	$157	91
1087 Ellsworth Dr	0.08mi	3/2.0	988 (0%)	8mo	$200,000	$202	88
1109 Ellsworth Dr	0.03mi	3/2.0	988 (0%)	13mo	$220,000	$223	86
1329 Barcelona Dr	0.11mi	3/1.5	988 (0%)	12mo	$151,000	$153	85
1032 Terrell Dr	0.23mi	3/1.5	988 (0%)	9mo	$197,000	$199	82
1054 Karen Dr	0.26mi	3/2.5	1,044 (+6%)	2mo	$239,000	$229	72
1173 Madrid Dr	0.12mi	4/2.0 (+1)	1,089 (+10%)	2mo	$212,000	$195	69
1086 Terrell Dr	0.13mi	3/2.0	1,080 (+9%)	10mo	$225,000	$208	68
1071 Terrell Dr	0.17mi	3/1.5	1,120 (+13%)	15mo	$213,000	$190	58
1069 Middlecoff Dr	0.20mi	3/2.5	1,120 (+13%)	13mo	$230,000	$205	54
822 Castle Blvd	0.60mi	3/1.5	1,103 (+12%)	4mo	$225,000	$204	50
759 Cliffside Dr	0.70mi	3/1.0	1,056 (+7%)	19mo	$187,000	$177	38

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 · 7.98% rent growth · sell at horizon

5-year hold

• IRR: -10.2%
• Equity multiple: 0.61×
• Total profit: $-18,598
• Equity at exit: $25,333

10-year hold

• IRR: 5.1%
• Equity multiple: 1.46×
• Total profit: $22,088
• Equity at exit: $14,690

Cash invested: $47,572 (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 44313

• Rents YoY: 8.0%
• Active inventory: 128
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,552 high
• Mortgage (P&I): −$891
• Tax from tax record: −$253 /mo · $3,039/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$326
• Net cashflow: $11

Break-even live

Break-even rent $1,538

Max offer price $169,900

Occupancy floor 94%

Sensitivity live

Price	-10% $107	-5% $59	+0% $11	+5% $-37	+10% $-85
Rent	-10% $-111	-5% $-50	+0% $11	+5% $73	+10% $134
Rate	-1.0pp $97	-0.5pp $54	base $11	+0.5pp $-33	+1.0pp $-78

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1765 Merriman Rd Unit 100 Akron, OH	2.0	1.0	905	$1,419	$1.57	15d	1	0.15mi
1761 E Waterford Ct Akron, OH	1.0–4.0	1.0–2.0	975	$1,488	$1.53	3d	8	0.65mi
1553 Treetop Trl Akron, OH	1.0–3.0	1.0–2.0	962	$1,270	$1.32	14d	1	0.77mi
1679 Hampton Knoll Dr Akron, OH	1.0–3.0	1.0–2.0	972	$1,365	$1.40	14d	1	0.87mi
1551 Timber Trl Akron, OH	1.0–3.0	1.0–2.0	1184	$1,625	$1.37	3d	206	1.10mi
503 Zahn Dr Unit 505 Akron, OH	2.0	1.0	600	$1,099	$1.83	25d	1	1.19mi
1738 Northampton Rd Akron, OH	2.0	1.5–2.0	1000	$1,754	$1.75	15d	5	1.22mi

Listing history 19 events

1. 2026-05-22
   status Pending
2. 2026-05-18
   listed $169,900 Active
3. 2023-04-01
   historical
4. 2022-11-30
   price $139,900
5. 2022-11-12
   price $144,900
6. 2022-10-31
   price $147,900
7. 2022-09-02
   status Active
8. 2022-08-28
   historical Contingent
9. 2022-08-23
   listed $149,900 Active
10. 2016-08-15
    historical
11. 2015-10-28
    listed $72,900 Active
12. 2015-04-21
    historical
13. 2015-03-04
    listed $74,900 Active
14. 2007-09-08
    historical
15. 2007-06-08
    listed $74,900
16. 2007-03-19
    soldstatus $50,025
17. 2007-01-17
    listed $54,900
18. 2002-10-25
    soldstatus $85,000
19. 1995-04-06
    soldstatus $432,000

ⓘ 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: $3,039 · $253/mo
• Projected year-2 tax: $3,039 · $253/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 ≥98°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,627
• − Mortgage interest: −$9,517
• − Property taxes: −$3,039
• − Insurance: −$850
• − Repairs & maintenance: −$1,490
• − Management: −$1,490
• − Depreciation: −$4,943
• Taxable loss: −$2,702
• Est. tax savings @ 24.0%: +$648
• After-tax cash flow: $783/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): 26,631
• Household income: $75,671
• Rent vs Own: 38.8% rent · 61.2% own
• Severe rent burden: 1193.0

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 (67%)
• Race & ethnicity: White 67% Black 22% Two or more races 8% Hispanic / Latino 3% Asian 2%
• Common ancestry: Romanian 3% Slovak 3% Lithuanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 1% Other Indo-European 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: ▼ -164.43%
• Current HPI: 208.6149
• Rent YoY: ▲ 7.98%
• 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

-60.7% since first listed

19 events — show timeline

• 2026-05-22 Pending — MLSNOW
• 2026-05-18 Listed $169,900 MLSNOW
• 2023-04-01 Listing Removed — MLSNOW
• 2022-11-30 Price Changed $139,900 MLSNOW
• 2022-11-12 Price Changed $144,900 MLSNOW
• 2022-10-31 Price Changed $147,900 MLSNOW
• 2022-09-02 Relisted — MLSNOW
• 2022-08-28 Contingent — MLSNOW
• 2022-08-23 Listed $149,900 MLSNOW
• 2016-08-15 Listing Removed — MLSNOW
• 2015-10-28 Listed $72,900 MLSNOW
• 2015-04-21 Listing Removed — MLSNOW
• 2015-03-04 Listed $74,900 MLSNOW
• 2007-09-08 Listing Removed — MLSNOW
• 2007-06-08 Listed $74,900 MLSNOW
• 2007-03-19 Sold (MLS) $50,025 MLSNOW
• 2007-01-17 Listed $54,900 MLSNOW
• 2002-10-25 Sold (Public Records) $85,000 Public Records
• 1995-04-06 Sold (Public Records) $432,000 Public Records

Property tax history

+3.4%/yr

Latest (2025): $3,039 · +0.2% YoY. Source: county tax records.