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818 Euclid Ave
A- Composite 81.08
Why this score? — see what drove the A- 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
  • Appreciation +4.9/10.0
  • Livability +4.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.1/10.0

$63,500

818 Euclid Ave · Akron, OH 44307
3 bd · 1.0 ba · 1,434 sqft · SingleFamily public records · 21 Days on market
Built 1919 5,627 sqft lot Est $80k · 21% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to this incredible investor opportunity located in the heart of the Maple Valley neighborhood! This full-rehab property is packed with potential and ready for someone with vision to bring it back to life. Whether you’re an experienced investor, flipper, landlord, or a homeowner looking to build serious sweat equity, this is the type of project that rarely hits the market at this price point. Being sold strictly as-is, the property is in need of extensive renovations throughout, but the upside opportunity is undeniable. The home offers a spacious layout with generously sized living areas and a floor plan that provides multiple options for reconfiguration and modernization. One

Key facts

  • Full rehab property
  • Fixer upper
  • Spacious layout

Tags

FULL REHAB PROPERTYEXTENSIVE RENOVATIONSSPACIOUS LAYOUTGENEROUSLY SIZED LIVING AREASPOTENTIAL TO ADD A 4TH BEDROOMFIXER UPPER

Property features AI

Exterior

  • Parking: Driveway parking
  • Utilities: Public water; Public sewer
  • Home design: 2-story home; Property listed as fixer condition
  • Construction: Aluminum siding; Asphalt/fiberglass roof
  • Exterior features: Driveway

Interior

  • Bedrooms: Total rooms: 7
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central air conditioning; Forced-air gas heating
  • Interior features: Full basement; Fireplace (1)

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 $64k.

Deal economics

  • At list price, monthly cash flow is $523 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $64k).
  • Recommended offer: $63k (1.5% below list) — sets the bar for market timing.
  • Cap rate 17.2% 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: 42 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% 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).
  • At $1,278/mo this rent would consume 55% of the median local household income ($28k/yr) (locally 787% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • In year one you build about $314 of equity ($439 loan paydown + $-125 appreciation (-0.2% local appreciation)).
  • Summit County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-0.2% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 21 days — a 2% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $48k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: flood insurance adds $56/mo; built in 1919 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $62,547 (1.5% below list)

Questions for the listing agent

  1. Built in 1919 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
2.01%
Cap rate
17.22%
Cash-on-cash
39.03%
DSCR
2.74
GRM
4.1

CMA / ARV

ARV (on-the-fly)
$80,304
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1041 Diagonal Rd 0.02mi 3/1.5 1,332 (-7%) 3mo $30,000 $23 83
615 Noah Ave 0.37mi 3/1.5 1,418 (-1%) 2mo $158,000 $111 77
801 Storer Ave 0.38mi 4/1.0 (+1) 1,423 (-1%) 3mo $72,500 $51 74
633 Madison Ave 0.36mi 3/1.0 1,308 (-9%) 2mo $44,000 $34 67
1132 Bristol Ter 0.55mi 3/1.0 1,382 (-4%) 4mo $92,000 $67 65
1255 Dover Ave 0.58mi 3/1.0 1,383 (-4%) 3mo $150,000 $108 65
677 Crossings Ln 0.59mi 3/2.5 1,440 (+0%) 1mo $220,000 $153 65
1296 Harmon Ave 0.55mi 3/1.0 1,516 (+6%) 1mo $85,000 $56 64
926 Winton Ave 0.53mi 3/2.0 1,503 (+5%) 1mo $200,000 $133 62
555 Hoye Ave 0.54mi 4/1.0 (+1) 1,505 (+5%) 2mo $15,500 $10 60
557 Wildwood Ave 0.56mi 3/1.0 1,545 (+8%) 2mo $65,000 $42 60
564 Euclid Ave 0.47mi 3/1.5 1,300 (-9%) 3mo $57,500 $44 58

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.2% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
35.8%
Equity multiple
2.74×
Total profit
$30,899
Equity at exit
$17,817
10-year hold
IRR
39.3%
Equity multiple
5.37×
Total profit
$77,650
Equity at exit
$20,928

Cash invested: $17,780 (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 44307

Home prices YoY
-0.2%
Active inventory
42
Price-to-rent
4.1×

Monthly cashflow live

Estimated rent
$1,278 high interval (Pro) →
Mortgage (P&I)
$333
Tax from tax record
$72 /mo · $862/yr
Insurance
$26
Flood insurance flood zone
−$56 /mo · $666/yr
HOA
$0
Vacancy / Maint / Mgmt
$268
Net cashflow
$523

Break-even live

Break-even rent $616
Max offer price $63,500
Occupancy floor 54%

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
$15,875
Closing costs
$1,905
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
730 Noble Ave Akron, OH 3.0 1.0 1092 $1,200 $1.10 23d 1 0.16mi
844 Lawton St Akron, OH 4.0 2.0 1240 $1,175 $0.95 43d 1 0.24mi
961 Lawton St Akron, OH 3.0 1.0 1144 $1,450 $1.27 14d 1 0.32mi
1092 Peerless Ave Akron, OH 3.0 1.0 998 $1,200 $1.20 43d 1 0.37mi
991 Diana Ave Akron, OH 3.0 2.0 1264 $1,325 $1.05 43d 1 0.39mi
575 Noble Ave Akron, OH 3.0 1.0 1300 $1,350 $1.04 14d 1 0.41mi
783 Leonard St Akron, OH 3.0 1.0 1040 $1,250 $1.20 43d 1 0.45mi
677 Crossings Ln Akron, OH 3.0 2.5 1440 $1,950 $1.35 23d 1 0.57mi
1090 Hartford Ave Akron, OH 4.0 1.0 1328 $1,125 $0.85 43d 1 0.66mi
637 Storer Ave Akron, OH 3.0 1.5 1322 $1,250 $0.95 14d 1 0.66mi
384 W Bartges St Akron, OH 2.0 1.0 1024 $1,100 $1.07 43d 1 0.73mi
405 Noah Ave Akron, OH 2.0 1.0 1000 $1,050 $1.05 21d 1 0.74mi
916 Peckham St Akron, OH 2.0 1.0 936 $850 $0.91 43d 1 0.79mi
924 Hamlin St Akron, OH 3.0 1.0 1106 $1,300 $1.18 43d 1 0.84mi
378 Wildwood Ave Akron, OH 4.0 1.0 1544 $1,200 $0.78 43d 1 0.84mi
1494 Diagonal Rd Akron, OH 3.0 1.0 1064 $1,495 $1.41 43d 1 0.85mi
685 Longview Ave Akron, OH 3.0 1.0 1100 $1,150 $1.05 43d 1 0.86mi
378 Trigonia Dr Akron, OH 3.0 1.5 1090 $1,200 $1.10 43d 1 0.88mi
321 Grace Ave Akron, OH 3.0 2.0 1484 $1,175 $0.79 14d 1 0.88mi
1313 Manchester Rd Akron, OH 3.0 1.0 1221 $1,200 $0.98 21d 1 0.90mi
918 Bye St Akron, OH 3.0 1.0 1248 $1,200 $0.96 43d 1 0.90mi
445 S Maple St Akron, OH 3.0 1.5 1041 $1,240 $1.19 43d 7 0.93mi
295 Noble Ave Akron, OH 3.0 2.5 1488 $1,600 $1.08 43d 1 0.94mi
1161 La Croix Ave Akron, OH 3.0 1.0 1452 $1,200 $0.83 23d 1 0.94mi
1171 La Croix Ave Unit 2 Akron, OH 2.0 1.0 1267 $975 $0.77 43d 1 0.95mi
1069 Fess Ave Akron, OH 2.0 1.0 940 $1,095 $1.16 43d 1 0.98mi
1326 Thurston St Unit 1326 Akron, OH 3.0 1.0 900 $925 $1.03 23d 1 0.99mi
1328 Thurston St Unit 1328 Akron, OH 3.0 1.0 900 $925 $1.03 23d 1 0.99mi
1331 Thurston St Unit 1326 Akron, OH 3.0 1.0 900 $925 $1.03 43d 1 1.00mi
1161 Seward Ave Akron, OH 3.0 1.5 1000 $1,200 $1.20 14d 1 1.02mi
601 Glendora Ave Akron, OH 3.0 1.0 1310 $1,200 $0.92 43d 1 1.04mi
931 Trimble Dr Akron, OH 2.0 1.5 1448 $1,495 $1.03 23d 1 1.05mi
199 Beck Ave Unit 2 Akron, OH 2.0 1.0 926 $1,300 $1.40 23d 1 1.11mi
724 Crosby St Akron, OH 2.0 1.0 1582 $995 $0.63 23d 1 1.13mi
724 Crosby St Unit 1 Akron, OH 2.0 1.0 1582 $995 $0.63 43d 1 1.13mi
1032 Andrew St Akron, OH 3.0 1.0 960 $1,097 $1.14 43d 1 1.14mi
783 Boulevard St Akron, OH 4.0 1.0 1440 $999 $0.69 23d 1 1.14mi
202 Westwood Ave Akron, OH 3.0 1.0 1344 $1,250 $0.93 14d 1 1.14mi
713 Crosby St Unit 1496092P Akron, OH 3.0 2.0 1840 $5,078 $2.76 21d 1 1.16mi
678 Crosby St Unit 3 Akron, OH 2.0 1.0 1000 $780 $0.78 43d 1 1.17mi

Listing history 19 events

  1. 2026-06-18
    days on market $63,500 Active 21 DOM
  2. 2026-06-17
    days on market $63,500 Active 20 DOM
  3. 2026-06-16
    days on market $63,500 Active 19 DOM
  4. 2026-06-15
    price $63,500 Active 18 DOM
  5. 2026-06-15
    days on market $64,900 Active 18 DOM
  6. 2026-06-14
    days on market $64,900 Active 16 DOM
  7. 2026-06-13
    days on market $64,900 Active 15 DOM
  8. 2026-06-10
    days on market $64,900 Active 13 DOM
  9. 2026-06-09
    days on market $64,900 Active 12 DOM
  10. 2026-06-08
    days on market $64,900 Active 11 DOM
  11. 2026-06-07
    days on market $64,900 Active 10 DOM
  12. 2026-06-05
    days on market $64,900 Active 7 DOM
  13. 2026-06-03
    days on market $64,900 Active 6 DOM
  14. 2026-06-02
    pricedays on market $64,900 Active 5 DOM
  15. 2026-06-01
    days on market $70,000 Active 4 DOM
  16. 2026-05-31
    days on market $70,000 Active 3 DOM
  17. 2026-05-31
    days on market $70,000 Active 2 DOM
  18. 2026-05-28
    listed $70,000 Active
  19. 1994-07-25
    soldstatus $48,000

ⓘ 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
$862 · $72/mo
Projected year-2 tax
$926 · $77/mo
Expected delta
+$64/yr (+$5/mo · 7.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 95% 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 1 unhealthy d/yr today · 2 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
$15,335
− Mortgage interest
−$3,557
− Property taxes
−$862
− Insurance
−$984
− Repairs & maintenance
−$1,227
− Management
−$1,227
− Depreciation
−$1,847
Taxable income
$5,631
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,351
After-tax cash flow
$4,921/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)
6,653
Household income
$27,697
Rent vs Own
72.1% rent · 27.9% own
Severe rent burden
787.0

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 Black (73%)
Race & ethnicity
Black 73% White 17% Two or more races 5% Hispanic / Latino 5%
Common ancestry
Slovak 1% Romanian 1% Iranian 1%
Foreign-born
2% · Canada
Languages at home
98% English-only · Spanish 2% French/Haitian/Cajun 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
▼ -0.20%
Current HPI
81.3728
Rent YoY
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

+45.8% since first listed
2 events — show timeline
  • 2026-05-28 Listed $70,000 MLSNOW
  • 1994-07-25 Sold (Public Records) $48,000 Public Records

Property tax history

-2.4%/yr

Latest (2025): $862 · +0.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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