3569 Elm Rd · Stow, OH 44224

$210,000

3 bd · 1.0 ba · 1,120 sqft · SingleFamily public records · 12 Days on market

Built 1953 0.27 ac lot $188/sqft · 14% below area Est $244k · 14% 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 +13.8/15.0
• Cash flow +7.9/30.0
• Schools +5.3/10.0
• Rent growth +4.6/5.0
• Livability +3.8/5.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming three-bedroom ranch home with lots of character and great potential is waiting for you! This property offers a blank canvas for your creative vision, perfect for those looking to put their personal touch on a home. The spacious living area features plenty of natural light, a cozy layout, and a unique character. Includes arched doorways, curved walls and charm! Each of the three bedrooms offers comfortable space, and one of the bedrooms has an attached screened porch to enjoy your morning coffee or tea! The unfinished attic offers additional possibilities for expansion & finishing or storage. Step outside to discover a large backyard with a fire pit, perfect for outdoor entertaining, gardening, or play. The detached two-car garage with electric garage opener provides convenient storage and workspace. This home is close to local amenities, stores, and parks. Bring your dreams and transform this house into your perfect home! Don’t miss out on this incredible opportunity—schedule your showing today!

Key facts

• Curved walls
• Arched doorways
• Spacious lot

Tags

• SPACIOUS LOT
• INVITING LIVING SPACE
• ARCHED DOORWAYS
• CURVED WALLS
• NEW APPLIANCES
• ABUNDANT CABINETRY

Property features AI

Exterior

• Parking: Detached 2-car garage; Driveway access
• Utilities: Public water; Public sewer
• Home design: Single-story home
• Construction: Built (year per public records); Asphalt roof
• Exterior features: Vinyl siding; Lot approximately 0.274 acres

Interior

• Bedrooms: 3 main-level bedrooms
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced air gas heating; Central air conditioning
• Interior features: Full unfinished basement with sump pump; 5 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-220 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $171k (18.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $159k (24.3% below list).
• Recommended offer: $159k (24.3% below list) — sets the bar for 1% rule.
• Cap rate 5.0% vs local median 3.5% in Stow — 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 76/100 on livability (#217 in OH, #3,390 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A; Watch: amenities F, commute F.
• Stow-Munroe Falls City School District (suburban): math 58% / reading 64% proficiency, ranked #247 of 656 in OH (top 38%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
• Zoned schools: Stow-Munroe Falls High School (math 41% / reading 70%, grade C, #296 of 781 statewide, top 39%, 1,721 students, 21% FRL) — zoned schools at 21% FRL track the district average.
• Market conditions: Rents rising fast (+8.6%/yr); 114 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $6k 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 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 31y 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 $158k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $158,886 (24.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-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?
5. 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?
6. 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.
7. 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.
8. 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: 0.76% ✗
• Cap rate: 5.03%
• Cash-on-cash: -4.49%
• DSCR: 0.80
• GRM: 11.0

CMA / ARV

• ARV (median comp): $243,920
• List price: $210,000
• Delta: -13.91%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3345 Darrow Rd	0.34mi	3/1.0	1,116 (-0%)	14mo	$194,000	$174	71
3533 Lakeview Blvd	0.37mi	3/2.0	1,086 (-3%)	13mo	$248,000	$228	63
3666 Hiwood Ave	0.61mi	4/1.0 (+1)	1,092 (-2%)	3mo	$233,000	$213	60
3560 Orchard Unit A-22	0.40mi	3/1.0	1,000 (-11%)	6mo	$25,000	$25	58
3842 Moreland Ave	0.73mi	3/1.0	1,156 (+3%)	3mo	$172,500	$149	58
3512 Orchard Dr	0.38mi	2/1.5 (-1)	1,188 (+6%)	10mo	$137,500	$116	57
3580 Adaline Dr	0.36mi	3/2.0	1,252 (+12%)	3mo	$297,000	$237	56
3619 Williamson Rd	0.30mi	2/1.0 (-1)	980 (-12%)	8mo	$180,000	$184	53
63 Oakhurst Dr	0.73mi	3/2.5	1,136 (+1%)	7mo	$250,375	$220	52
3563 Franklin Rd	0.32mi	3/2.0	1,262 (+13%)	12mo	$250,000	$198	50
3444 Hiwood Ave	0.68mi	3/1.0	1,014 (-10%)	9mo	$120,000	$118	45
3417 Sanford Ave	0.54mi	2/1.0 (-1)	1,008 (-10%)	15mo	$159,900	$159	41

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -18.4%
• Equity multiple: 0.33×
• Total profit: $-39,619
• Equity at exit: $31,312

10-year hold

• IRR: -3.0%
• Equity multiple: 0.76×
• Total profit: $-14,184
• Equity at exit: $18,157

Cash invested: $58,800 (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 44224

• Rents YoY: 8.6%
• Active inventory: 114
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,589 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$287 /mo · $3,440/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$334
• Net cashflow: $-220

Break-even live

Break-even rent $1,868

Max offer price $171,099

Occupancy floor —

Sensitivity live

Price	-10% $-101	-5% $-161	+0% $-220	+5% $-280	+10% $-339
Rent	-10% $-346	-5% $-283	+0% $-220	+5% $-157	+10% $-95
Rate	-1.0pp $-114	-0.5pp $-167	base $-220	+0.5pp $-275	+1.0pp $-330

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3538 Orchard Dr Stow, OH	2.0	1.0	884	$1,395	$1.58	45d	1	0.37mi
3591 Hiwood Ave Stow, OH	3.0	1.0	912	$1,595	$1.75	45d	1	0.63mi
3674 Kent Rd Stow, OH	1.0–2.0	1.0–1.5	815	$1,349	$1.66	15d	7	0.70mi
2198 Liberty Rd Stow, OH	1.0–2.0	1.0	850	$1,063	$1.25	23d	2	0.86mi
2116 Samira Rd Stow, OH	3.0	2.0	1176	$1,575	$1.34	16d	1	0.97mi
1987 King Dr Stow, OH	2.0	1.0	1048	$1,350	$1.29	25d	1	1.18mi
4020 Vira Rd Stow, OH	2.0	1.0	896	$1,250	$1.40	25d	1	1.19mi
4134 Beckley Rd Stow, OH	3.0	1.0	1200	$1,750	$1.46	45d	1	1.38mi
4261 Osage St Stow, OH	3.0	2.0	1072	$1,850	$1.73	16d	1	1.44mi
1514 Robin Ln Stow, OH	2.0	1.0	1050	$1,475	$1.40	45d	1	1.48mi

Listing history 9 events

1. 2026-05-07
   listed $210,000 Active 1244-char remark
2. 2024-11-20
   soldstatus $158,000
3. 2024-11-12
   status Pending 1042-char remark

   Show marketing remark (1042 chars)

   This charming three-bedroom ranch home with lots of character and great potential is waiting for you! This property offers a blank canvas for your creative vision, perfect for those looking to put their personal touch on a home. The spacious living area features plenty of natural light, a cozy layout, and a unique character. Includes arched doorways, curved walls and charm! Each of the three bedrooms offers comfortable space, and one of the bedrooms has an attached screened porch to enjoy your morning coffee or tea! The unfinished attic offers additional possibilities for expansion & finishing or storage. Step outside to discover a large backyard with a fire pit, perfect for outdoor entertaining, gardening, or play. The detached two-car garage with electric garage opener provides convenient storage and workspace. This home is close to local amenities, stores, and parks. Bring your dreams and transform this house into your perfect home! Don’t miss out on this incredible opportunity—schedule your showing today!

4. 2024-11-12
   soldstatus $158,000 Closed 1042-char remark

   Show marketing remark (1042 chars)

   This charming three-bedroom ranch home with lots of character and great potential is waiting for you! This property offers a blank canvas for your creative vision, perfect for those looking to put their personal touch on a home. The spacious living area features plenty of natural light, a cozy layout, and a unique character. Includes arched doorways, curved walls and charm! Each of the three bedrooms offers comfortable space, and one of the bedrooms has an attached screened porch to enjoy your morning coffee or tea! The unfinished attic offers additional possibilities for expansion & finishing or storage. Step outside to discover a large backyard with a fire pit, perfect for outdoor entertaining, gardening, or play. The detached two-car garage with electric garage opener provides convenient storage and workspace. This home is close to local amenities, stores, and parks. Bring your dreams and transform this house into your perfect home! Don’t miss out on this incredible opportunity—schedule your showing today!

5. 2024-10-21
   historical Contingent 1042-char remark

   Show marketing remark (1042 chars)

   This charming three-bedroom ranch home with lots of character and great potential is waiting for you! This property offers a blank canvas for your creative vision, perfect for those looking to put their personal touch on a home. The spacious living area features plenty of natural light, a cozy layout, and a unique character. Includes arched doorways, curved walls and charm! Each of the three bedrooms offers comfortable space, and one of the bedrooms has an attached screened porch to enjoy your morning coffee or tea! The unfinished attic offers additional possibilities for expansion & finishing or storage. Step outside to discover a large backyard with a fire pit, perfect for outdoor entertaining, gardening, or play. The detached two-car garage with electric garage opener provides convenient storage and workspace. This home is close to local amenities, stores, and parks. Bring your dreams and transform this house into your perfect home! Don’t miss out on this incredible opportunity—schedule your showing today!

6. 2024-10-16
   listed $150,000 Active 1042-char remark

   Show marketing remark (1042 chars)

   This charming three-bedroom ranch home with lots of character and great potential is waiting for you! This property offers a blank canvas for your creative vision, perfect for those looking to put their personal touch on a home. The spacious living area features plenty of natural light, a cozy layout, and a unique character. Includes arched doorways, curved walls and charm! Each of the three bedrooms offers comfortable space, and one of the bedrooms has an attached screened porch to enjoy your morning coffee or tea! The unfinished attic offers additional possibilities for expansion & finishing or storage. Step outside to discover a large backyard with a fire pit, perfect for outdoor entertaining, gardening, or play. The detached two-car garage with electric garage opener provides convenient storage and workspace. This home is close to local amenities, stores, and parks. Bring your dreams and transform this house into your perfect home! Don’t miss out on this incredible opportunity—schedule your showing today!

7. 1996-04-24
   historical
8. 1995-10-25
   listed $104,900
9. 1986-12-30
   soldstatus $49,000

ⓘ 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: $3,440 · $287/mo
• Projected year-2 tax: $3,440 · $287/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 ≥96°F today · 17 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

Taxation est. · year 1

• Rental income: $19,066
• − Mortgage interest: −$11,763
• − Property taxes: −$3,440
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,525
• − Management: −$1,525
• − Depreciation: −$6,109
• Taxable loss: −$6,346
• Est. tax savings @ 24.0%: +$1,523
• After-tax cash flow: $-1,119/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: Stow-Munroe Falls City School District
• NCES district ID: 3904483
• Math proficiency: 58% ▼ -11.00%
• Reading proficiency: 64% ▼ -6.00%
• Median HH income: $64,663
• Composite: 53.29/100
• National rank: #1488
• State rank: #247 of 656 in OH

Livability — Stow

• Score: 76/100
• State rank: #217
• US rank: #3390

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment A Housing A+ Health & safety B User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Stow, OH
• County: Summit County · 440,783 people
• City population: 39,200
• Metro: Akron, OH
• Population (ZIP): 39,200
• Household income: $94,287
• Rent vs Own: 30.9% rent · 69.1% own
• Severe rent burden: 1165.0

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 (85%)
• Race & ethnicity: White 85% Two or more races 6% Black 5% Asian 3% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Slovak 3% Italian 3%
• Foreign-born: 7% · Canada, China
• Languages at home: 93% English-only · Arabic 2% Spanish 1% Other Asian/Pacific 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: ▼ -218.72%
• Current HPI: 208.3063
• Rent YoY: ▲ 8.56%
• 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

+328.6% since first listed

10 events — show timeline

• 2026-05-19 Pending — MLSNOW
• 2026-05-07 Listed $210,000 MLSNOW
• 2024-11-20 Sold (Public Records) $158,000 Public Records
• 2024-11-12 Pending — MLSNOW
• 2024-11-12 Sold (MLS) $158,000 MLSNOW
• 2024-10-21 Contingent — MLSNOW
• 2024-10-16 Listed $150,000 MLSNOW
• 1996-04-24 Listing Removed — MLSNOW
• 1995-10-25 Listed $104,900 MLSNOW
• 1986-12-30 Sold (Public Records) $49,000 Public Records

Property tax history

+3.2%/yr

Latest (2025): $3,440 · +1.0% YoY. Source: county tax records.