1103 Sawyer Ave · Akron, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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
- 16 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ 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 +23.2/30.0
- ARV discount +14.0/15.0
- DSCR +7.4/10.0
- 1% rule +6.5/10.0
- Livability +4.0/5.0
- Rent growth +3.7/5.0
- Condition / age +2.5/5.0
- Schools +2.1/10.0
- Appreciation +0.0/10.0
$118,650
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Attic finished to possible 4th bedroom. Currently rented.
Key facts
- 4,800 sq ft lot
- Garage
- Built 1919
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $119k.
Deal economics
- At list price, monthly cash flow is $215 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $119k).
- Cap rate 8.5% vs local median 6.6% in Akron — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
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 (+4.8%/yr); 86 active listings in the ZIP; 14 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 40% of the median local income ($41k/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 $820 of loan paydown is wiped out by about $4k 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 + 4.8% rent growth), your $33k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
- 13 sale attempts since 35y 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 $22k; list at $119k implies a 439% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1919 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1919 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.15% ✓
- Cap rate
- 8.46%
- Cash-on-cash
- 7.75%
- DSCR
- 1.34
- GRM
- 7.2
CMA / ARV
- ARV (on-the-fly)
- $138,528
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1103 Sawyer Ave | 0.00mi | 4/1.0 | 1,248 (0%) | 1mo | $116,430 | $93 | 100 |
| 1106 Collinwood Ave | 0.04mi | 3/1.0 (-1) | 1,194 (-4%) | 1mo | $147,000 | $123 | 86 |
| 1026 Woodward Ave | 0.23mi | 3/1.0 (-1) | 1,302 (+4%) | 1mo | $128,000 | $98 | 77 |
| 1048 Murray Ave | 0.17mi | 3/1.5 (-1) | 1,304 (+4%) | 4mo | $99,000 | $76 | 74 |
| 1282 Woodward Ave | 0.38mi | 3/2.0 (-1) | 1,254 (+0%) | 2mo | $189,000 | $151 | 71 |
| 1101 Linden Ave | 0.31mi | 3/1.0 (-1) | 1,186 (-5%) | 2mo | $111,000 | $94 | 70 |
| 1121 Woodward Ave | 0.15mi | 3/2.0 (-1) | 1,125 (-10%) | 2mo | $209,900 | $187 | 66 |
| 1105 Linden Ave | 0.31mi | 3/1.0 (-1) | 1,144 (-8%) | 1mo | $59,900 | $52 | 65 |
| 1195 Sawyer Ave | 0.18mi | 3/1.0 (-1) | 1,075 (-14%) | 2mo | $75,000 | $70 | 62 |
| 1353 Gorge Blvd | 0.58mi | 3/1.0 (-1) | 1,218 (-2%) | 3mo | $158,500 | $130 | 61 |
| 1266 Dayton St | 0.34mi | 3/1.5 (-1) | 1,392 (+12%) | 4mo | $162,000 | $116 | 55 |
| 230 Helen Ave | 0.50mi | 4/1.5 | 1,390 (+11%) | 1mo | $154,000 | $111 | 55 |
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 · 4.82% rent growth · sell at horizon
- IRR
- -2.3%
- Equity multiple
- 0.91×
- Total profit
- $-2,970
- Equity at exit
- $17,691
- IRR
- 9.4%
- Equity multiple
- 1.78×
- Total profit
- $26,034
- Equity at exit
- $10,259
Cash invested: $33,222 (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 44310
- Rents YoY
- 4.8%
- Active inventory
- 86
- Price-to-rent
- 7.2×
Monthly cashflow live
- Estimated rent
- $1,364 high interval (Pro) →
- Mortgage (P&I)
- −$622
- Tax from tax record
- −$192 /mo · $2,298/yr
- Insurance
- −$49
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$286
- Net cashflow
- $215
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
- $29,662
- Closing costs
- $3,560
- 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 14 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1180 Murray Ave Akron, OH | 3.0 | 2.0 | 1340 | $1,175 | $0.88 | 21d | 1 | 0.18mi |
| 1088 Lexington Ave Akron, OH | 3.0 | 1.0 | 1008 | $1,600 | $1.59 | 13d | 1 | 0.25mi |
| 835 Carlysle St Akron, OH | 3.0 | 1.0 | 1152 | $1,250 | $1.09 | 43d | 1 | 0.88mi |
| 649 Patterson Ave Unit B Akron, OH | 3.0 | 1.0 | 1200 | $900 | $0.75 | 43d | 1 | 0.89mi |
| 805 Carpenter St Akron, OH | 3.0 | 1.0 | 1056 | $1,100 | $1.04 | 23d | 1 | 0.95mi |
| 586 Robinette Ct Akron, OH | 4.0 | 1.0 | 1040 | $1,250 | $1.20 | 43d | 1 | 1.02mi |
| 570 Dayton St Akron, OH | 3.0 | 1.0 | 1140 | $1,350 | $1.18 | 14d | 1 | 1.06mi |
| 559 Dayton St Akron, OH | 3.0 | 1.0 | 1200 | $1,200 | $1.00 | 43d | 1 | 1.07mi |
| 1832 15th St Cuyahoga Falls, OH | 3.0 | 1.0 | 1000 | $1,495 | $1.50 | 23d | 1 | 1.11mi |
| 265 Cranz Pl Akron, OH | 4.0 | 1.0 | 1376 | $1,300 | $0.94 | 43d | 1 | 1.14mi |
| 15 W York St Akron, OH | 3.0 | 1.0 | 1178 | $1,150 | $0.98 | 21d | 1 | 1.24mi |
| 1823 7th St Cuyahoga Falls, OH | 3.0 | 1.5 | 1248 | $2,850 | $2.28 | 43d | 1 | 1.29mi |
| 1059 Jean Ave Akron, OH | 3.0 | 1.0 | 1012 | $1,300 | $1.28 | 43d | 1 | 1.50mi |
| 467 Lynn Dr Cuyahoga Falls, OH | 3.0 | 1.0 | 1414 | $1,600 | $1.13 | 13d | 1 | 1.50mi |
Listing history 31 events
-
2026-04-25status Pending
-
2026-04-15$118,650 Active
-
2026-01-29historical
-
2025-12-29price $122,000
-
2025-09-23status Active
-
2025-08-13status Pending
-
2025-08-13price $132,000
-
2025-08-05$108,000 Active
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2024-11-27historical $1,100
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2024-10-17$1,100
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2024-10-17historical $1,100
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2024-10-15$1,100
-
2017-05-23soldstatus $22,000 Sold 57-char remark
Show marketing remark (57 chars)
Attic finished to possible 4th bedroom. Currently rented.
-
2017-01-25status Pending 57-char remark
Show marketing remark (57 chars)
Attic finished to possible 4th bedroom. Currently rented.
-
2017-01-25historical 57-char remark
Show marketing remark (57 chars)
Attic finished to possible 4th bedroom. Currently rented.
-
2017-01-24$22,000 Active 57-char remark
Show marketing remark (57 chars)
Attic finished to possible 4th bedroom. Currently rented.
-
2009-09-30historical
-
2009-07-27$55,000
-
2009-04-07$19,900
-
2009-02-18historical
-
2008-08-18$35,900
-
2008-06-12historical
-
2007-12-12$64,900
-
2004-09-29historical
-
2004-03-29$84,900
-
1992-08-11soldstatus $45,000
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1992-06-29$45,500
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1992-06-18historical
-
1991-09-18$45,500
-
1990-04-20soldstatus $35,900
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1985-04-22soldstatus $25,000
ⓘ 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
- $2,298 · $192/mo
- Projected year-2 tax
- $2,298 · $192/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 ≥97°F today · 16 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,371
- − Mortgage interest
- −$6,646
- − Property taxes
- −$2,298
- − Insurance
- −$593
- − Repairs & maintenance
- −$1,310
- − Management
- −$1,310
- − Depreciation
- −$3,452
- Taxable income
- $762
- Est. tax owed @ 24.0%
- −$183
- After-tax cash flow
- $2,392/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)
- 25,496
- Household income
- $41,066
- Rent vs Own
- Severe rent burden
- 2058.0
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
- Highly diverse neighborhood (Simpson 0.73)
- Race & ethnicity
- White 40% Black 25% Asian 20% Hispanic / Latino 10% Two or more races 9%
- Hispanic origin (detail)
- Mexican 6% Puerto Rican 2%
- Common ancestry
- Romanian 2% Slovak 1% Italian 1%
- Foreign-born
- 25% · Canada, India, Philippines
- Languages at home
- 69% English-only · Other Indo-European 13% Spanish 7% Other Asian/Pacific 6%
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
- ▼ -194.41%
- Current HPI
- 203.4431
- Rent YoY
- ▲ 4.82%
- 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
+374.6% since first listed31 events — show timeline
- 2026-04-25 Pending — MLSNOW
- 2026-04-15 Listed $118,650 MLSNOW
- 2026-01-29 Listing Removed — MLSNOW
- 2025-12-29 Price Changed $122,000 MLSNOW
- 2025-09-23 Relisted — MLSNOW
- 2025-08-13 Pending — MLSNOW
- 2025-08-13 Price Changed $132,000 MLSNOW
- 2025-08-05 Listed $108,000 MLSNOW
- 2024-11-27 Rental Removed $1,100 YESMLS
- 2024-10-17 Listed for Rent $1,100 YESMLS
- 2024-10-17 Rental Removed $1,100 BUILDIUM
- 2024-10-15 Listed for Rent $1,100 BUILDIUM
- 2017-05-23 Sold (MLS) $22,000 MLSNOW
- 2017-01-25 Pending — MLSNOW
- 2017-01-25 Listing Removed — MLSNOW
- 2017-01-24 Listed $22,000 MLSNOW
- 2009-09-30 Listing Removed — MLSNOW
- 2009-07-27 Listed $55,000 MLSNOW
- 2009-04-07 Listed $19,900 MLSNOW
- 2009-02-18 Listing Removed — MLSNOW
- 2008-08-18 Listed $35,900 MLSNOW
- 2008-06-12 Listing Removed — MLSNOW
- 2007-12-12 Listed $64,900 MLSNOW
- 2004-09-29 Listing Removed — MLSNOW
- 2004-03-29 Listed $84,900 MLSNOW
- 1992-08-11 Sold (Public Records) $45,000 Public Records
- 1992-06-29 Listed $45,500 MLSNOW
- 1992-06-18 Listing Removed — MLSNOW
- 1991-09-18 Listed $45,500 MLSNOW
- 1990-04-20 Sold (Public Records) $35,900 Public Records
- 1985-04-22 Sold (Public Records) $25,000 Public Records
Property tax history
+2.9%/yrLatest (2025): $2,298 · +2.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…