818 Euclid Ave · Akron, OH
Flood risk 7/10 · Major
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.95%
- 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
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- Built in 1919 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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
- 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
- IRR
- 35.8%
- Equity multiple
- 2.74×
- Total profit
- $30,899
- Equity at exit
- $17,817
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $63,500 Active 21 DOM
-
2026-06-17days on market $63,500 Active 20 DOM
-
2026-06-16days on market $63,500 Active 19 DOM
-
2026-06-15price $63,500 Active 18 DOM
-
2026-06-15days on market $64,900 Active 18 DOM
-
2026-06-14days on market $64,900 Active 16 DOM
-
2026-06-13days on market $64,900 Active 15 DOM
-
2026-06-10days on market $64,900 Active 13 DOM
-
2026-06-09days on market $64,900 Active 12 DOM
-
2026-06-08days on market $64,900 Active 11 DOM
-
2026-06-07days on market $64,900 Active 10 DOM
-
2026-06-05days on market $64,900 Active 7 DOM
-
2026-06-03days on market $64,900 Active 6 DOM
-
2026-06-02pricedays on market $64,900 Active 5 DOM
-
2026-06-01days on market $70,000 Active 4 DOM
-
2026-05-31days on market $70,000 Active 3 DOM
-
2026-05-31days on market $70,000 Active 2 DOM
-
2026-05-28$70,000 Active
-
1994-07-25soldstatus $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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Insurance | 3 | $145B |
|
||
| Industrial Machinery | 3 | $49B |
|
||
| Financial Services | 3 | $24B |
|
||
| Consumer Goods | 2 | $93B |
|
||
| Aerospace / Defense | 2 | $47B |
|
||
| Utilities | 2 | $33B |
|
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Price history
+45.8% since first listed2 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%/yrLatest (2025): $862 · +0.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…