9994 William Henry Dr · Streetsboro, OH 44241

$25,000

4 bd · 2.0 ba · 1,400 sqft · SingleFamily · 26 Days on market

Built 1986

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.4/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Looking for a summer project? Look no further - this 1986 Skyline is calling you! Spacious 4 beds, 2 full baths, open and flowing floorplan with fireplace, ceiling fans, newer furnace (2022), and more! With 2 covered porches/patio, there's so much room for relaxing outside! Also features a 2 car deep attached garage. Streetsboro schools and minutes from freeways, this home is located in a prime location! Call for your showing before this one is SOLD!

Key facts

• Covered porches
• Newer furnace
• Ceiling fans

Tags

• OPEN AND FLOWING FLOORPLAN
• FIREPLACE
• CEILING FANS
• NEWER FURNACE
• COVERED PORCHES
• PRIME LOCATION

Property features AI

Finance

• Financial info: Has land lease with a monthly amount of $630
• HOA & community: Common grounds/area; Park

Exterior

• Parking: Attached garage; 2 garage spaces; Driveway; Concrete and paved surfaces; Garage faces front
• Utilities: Public water; Public sewer
• Home design: Single-story home; Built by Skyline; Fixer condition
• Construction: Vinyl siding; Asphalt/fiberglass roof
• Exterior features: Rear covered porch; Front porch; Patio; Front yard; Back yard

Interior

• Kitchen: Eat-in kitchen
• Bedrooms: 4 main-level bedrooms
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Forced air heating; Gas heating; Ceiling fan(s) for cooling; Fireplace heat source
• Interior features: Beamed ceilings; Ceiling fan(s); Eat-in kitchen; Open floorplan; One fireplace located in the family room
• Laundry & utility: Main-level laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $25k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $25k).
• Recommended offer: $25k (1.5% below list) — sets the bar for market timing.
• Cap rate 61.5% 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; 4 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 $173 of loan paydown is wiped out by about $750 of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($25k) is reasonable based on typical stale-listing flexibility.

Recommended offer $24,625 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
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: 6.70% ✓
• Cap rate: 61.55%
• Cash-on-cash: 197.33%
• DSCR: 9.78
• GRM: 1.2

CMA / ARV

• ARV (on-the-fly): $217,000
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1426 Lancelot Dr	0.10mi	3/2.0 (-1)	1,428 (+2%)	0mo	$49,500	$35	87
9979 Lady Catherine	0.21mi	3/2.0 (-1)	1,568 (+12%)	0mo	$87,500	$56	65
1535 Lady Anne	0.08mi	3/2.0 (-1)	1,280 (-9%)	15mo	$57,000	$45	65
1296 Frost Rd	0.38mi	4/1.5	1,526 (+9%)	9mo	$132,000	$87	58
10161 William Henry Dr	0.33mi	3/2.0 (-1)	1,600 (+14%)	5mo	$59,900	$37	52
10178 Ridgeview Ct	0.49mi	3/2.5 (-1)	1,500 (+7%)	10mo	$320,000	$213	50
10134 Ridgeview Ct	0.39mi	3/2.5 (-1)	1,566 (+12%)	9mo	$350,000	$223	48
1282 Edgewood Ln	0.52mi	3/2.5 (-1)	1,494 (+7%)	12mo	$335,000	$224	48
10218 Ridgeview Ct	0.57mi	5/3.0 (+1)	1,530 (+9%)	2mo	$350,555	$229	47
9868 Meldon Dr	0.49mi	4/1.0	1,212 (-13%)	6mo	$188,028	$155	46
9928 Meldon Dr	0.58mi	3/1.0 (-1)	1,212 (-13%)	18mo	$270,000	$223	27

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: 10.90×
• Total profit: $69,289
• Equity at exit: $3,728

10-year hold

• IRR: —
• Equity multiple: 23.12×
• Total profit: $154,842
• Equity at exit: $2,162

Cash invested: $7,000 (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: 1.2×

Monthly cashflow live

• Estimated rent: $1,676 medium
• Mortgage (P&I): −$131
• Tax est. 1.5%: −$31 /mo · $375/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $1,151

Break-even live

Break-even rent $219

Max offer price $25,000

Occupancy floor 26%

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: $6,250
• Closing costs: $750
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1425 Frost Rd Streetsboro, OH	3.0	1.0–2.0	1312	$1,600	$1.22	17d	1	0.17mi
10052 Hazelton Rd Streetsboro, OH	3.0	2.0	1390	$1,750	$1.26	13d	1	0.85mi
9295 Dorothy Dr Streetsboro, OH	3.0	1.0	1092	$1,950	$1.79	23d	1	1.32mi
725 Bridgeport Ave Streetsboro, OH	2.0–3.0	1.0–2.0	1221	$1,930	$1.58	13d	25	1.37mi

Listing history 15 events

1. 2026-06-15
   status $25,000 Pending 26 DOM
2. 2026-06-15
   days on market $25,000 Active 26 DOM
3. 2026-06-14
   days on market $25,000 Active 24 DOM
4. 2026-06-13
   days on market $25,000 Active 23 DOM
5. 2026-06-10
   days on market $25,000 Active 21 DOM
6. 2026-06-09
   days on market $25,000 Active 20 DOM
7. 2026-06-08
   days on market $25,000 Active 19 DOM
8. 2026-06-07
   days on market $25,000 Active 18 DOM
9. 2026-06-05
   days on market $25,000 Active 15 DOM
10. 2026-06-03
    days on market $25,000 Active 14 DOM
11. 2026-06-02
    days on market $25,000 Active 13 DOM
12. 2026-06-01
    days on market $25,000 Active 12 DOM
13. 2026-05-31
    days on market $25,000 Active 11 DOM
14. 2026-05-31
    days on market $25,000 Active 10 DOM
15. 2026-05-20
    listed $25,000 Active

ⓘ 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: $20,109
• − Mortgage interest: −$1,400
• − Property taxes: −$375
• − Insurance: −$125
• − Repairs & maintenance: −$1,609
• − Management: −$1,609
• − Depreciation: −$727
• Taxable income: $14,264
• Est. tax owed @ 24.0%: −$3,423
• After-tax cash flow: $10,390/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: 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

1 event — show timeline

• 2026-05-20 Listed $25,000 MLSNOW