6476 Linda Ln · Ravenna, OH 44266

$40,000

3 bd · 2.0 ba · 1,620 sqft · SingleFamily · 35 Days on market

Built 2000 Poor condition $25/sqft · 88% below area

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Why this score? — see what drove the B- 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.9/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Extremely affordable 2000 'FAIRMONT WINDSOR' manufactured home serial #MY00113419ABW. This very doable home in Maple Del Manor features 3 bedrooms, 2 full baths, large eat-in kitchen, laundry room, wood burner in living room, vinyl clad, tilt in, for easy cleaning, windows. The home has had multiple updates however, seller is selling as is, but kindly leaving nearly all supplies to put in your finishing touches. Rooms are of generous sizes for comfortable living. OH, and that view! How lucky you will be, to have at your disposal, a beautiful view of a sloping hillside full of trees in the rear of the lot. That is priceless in itself! Seller is motivated and selling 'as is-no repairs'. Seller has never used the furnace so not aware of its functionality as they have used the wood burner during cold months. Seller is leaving approximately a seasons worth of firewood with the home. R/O system in kitchen stays. Interested parties must apply to the park office for park approval prior to completing purchase. Check with office for pet allowance and/or restrictions. Lot rent currently is $460/mo which includes water, sewer, and trash. Immediate occupancy upon title transfer.

Key facts

• Built 2000
• Listed 34 days

Property features AI

Finance

• Financial info: Has land lease ($500)

Exterior

• Parking: Concrete parking
• Utilities: Private water; Private sewer
• Home design: Single-story home; Entry at ground level
• Construction: Vinyl siding; Asphalt/fiberglass roof; Built per public records
• Exterior features: Concrete parking surface

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 3 main-level bedrooms
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Forced air heating; Fireplace heating; Ceiling fans; Window air conditioning units
• Interior features: Wood burning stove and wood-burning fireplace
• Laundry & utility: Washer and dryer on the main level

🏷️ Possibly a rental listed for sale. The $40,000 price doesn't fit this home's estimated sale value (~$330,202) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $40k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $886 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $40k).
• Recommended offer: $39k (3.0% below list) — sets the bar for market timing.
• Cap rate 32.9% vs local median 3.0% in Ravenna — 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 73/100 on livability (#323 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: amenities F, commute F, employment F.
• Southeast Local (rural): math 54% / reading 58% proficiency, ranked #334 of 656 in OH (top 51%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 159 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $277 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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 $30k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $38,800 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 3.68% ✓
• Cap rate: 32.86%
• Cash-on-cash: 94.89%
• DSCR: 5.22
• GRM: 2.3

CMA / ARV

• ARV (median comp): $330,202
• List price: $40,000
• Delta: -87.89%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 95.8%
• Equity multiple: 5.46×
• Total profit: $49,947
• Equity at exit: $5,964

10-year hold

• IRR: 98.5%
• Equity multiple: 11.38×
• Total profit: $116,216
• Equity at exit: $3,458

Cash invested: $11,200 (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 44266

• Active inventory: 159
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $1,471 medium
• Mortgage (P&I): −$210
• Tax est. 1.5%: −$50 /mo · $600/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $886

Break-even live

Break-even rent $350

Max offer price $40,000

Occupancy floor 35%

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: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6605 State Route 5 Ravenna, OH	4.0	2.0	1344	$1,663	$1.24	44d	1	0.75mi

Listing history 22 events

1. 2026-06-19
   days on market $40,000 Active 35 DOM
2. 2026-06-18
   days on market $40,000 Active 34 DOM
3. 2026-06-17
   days on market $40,000 Active 33 DOM
4. 2026-06-16
   days on market $40,000 Active 32 DOM
5. 2026-06-15
   days on market $40,000 Active 31 DOM
6. 2026-06-14
   days on market $40,000 Active 29 DOM
7. 2026-06-13
   days on market $40,000 Active 28 DOM
8. 2026-06-10
   days on market $40,000 Active 26 DOM
9. 2026-06-09
   days on market $40,000 Active 25 DOM
10. 2026-06-08
    days on market $40,000 Active 24 DOM
11. 2026-06-07
    days on market $40,000 Active 23 DOM
12. 2026-06-05
    days on market $40,000 Active 20 DOM
13. 2026-06-03
    days on market $40,000 Active 19 DOM
14. 2026-06-02
    days on market $40,000 Active 18 DOM
15. 2026-06-01
    days on market $40,000 Active 17 DOM
16. 2026-05-31
    days on market $40,000 Active 16 DOM
17. 2026-05-30
    days on market $40,000 Active 15 DOM
18. 2026-05-13
    listed $40,000 Active 667-char remark
19. 2024-04-05
    status Pending 1186-char remark

    Show marketing remark (1186 chars)

    Extremely affordable 2000 'FAIRMONT WINDSOR' manufactured home serial #MY00113419ABW. This very doable home in Maple Del Manor features 3 bedrooms, 2 full baths, large eat-in kitchen, laundry room, wood burner in living room, vinyl clad, tilt in, for easy cleaning, windows. The home has had multiple updates however, seller is selling as is, but kindly leaving nearly all supplies to put in your finishing touches. Rooms are of generous sizes for comfortable living. OH, and that view! How lucky you will be, to have at your disposal, a beautiful view of a sloping hillside full of trees in the rear of the lot. That is priceless in itself! Seller is motivated and selling 'as is-no repairs'. Seller has never used the furnace so not aware of its functionality as they have used the wood burner during cold months. Seller is leaving approximately a seasons worth of firewood with the home. R/O system in kitchen stays. Interested parties must apply to the park office for park approval prior to completing purchase. Check with office for pet allowance and/or restrictions. Lot rent currently is $460/mo which includes water, sewer, and trash. Immediate occupancy upon title transfer.

20. 2024-04-05
    soldstatus $29,900 Closed 1186-char remark

    Show marketing remark (1186 chars)

    Extremely affordable 2000 'FAIRMONT WINDSOR' manufactured home serial #MY00113419ABW. This very doable home in Maple Del Manor features 3 bedrooms, 2 full baths, large eat-in kitchen, laundry room, wood burner in living room, vinyl clad, tilt in, for easy cleaning, windows. The home has had multiple updates however, seller is selling as is, but kindly leaving nearly all supplies to put in your finishing touches. Rooms are of generous sizes for comfortable living. OH, and that view! How lucky you will be, to have at your disposal, a beautiful view of a sloping hillside full of trees in the rear of the lot. That is priceless in itself! Seller is motivated and selling 'as is-no repairs'. Seller has never used the furnace so not aware of its functionality as they have used the wood burner during cold months. Seller is leaving approximately a seasons worth of firewood with the home. R/O system in kitchen stays. Interested parties must apply to the park office for park approval prior to completing purchase. Check with office for pet allowance and/or restrictions. Lot rent currently is $460/mo which includes water, sewer, and trash. Immediate occupancy upon title transfer.

21. 2024-03-25
    historical Contingent 1186-char remark

    Show marketing remark (1186 chars)

    Extremely affordable 2000 'FAIRMONT WINDSOR' manufactured home serial #MY00113419ABW. This very doable home in Maple Del Manor features 3 bedrooms, 2 full baths, large eat-in kitchen, laundry room, wood burner in living room, vinyl clad, tilt in, for easy cleaning, windows. The home has had multiple updates however, seller is selling as is, but kindly leaving nearly all supplies to put in your finishing touches. Rooms are of generous sizes for comfortable living. OH, and that view! How lucky you will be, to have at your disposal, a beautiful view of a sloping hillside full of trees in the rear of the lot. That is priceless in itself! Seller is motivated and selling 'as is-no repairs'. Seller has never used the furnace so not aware of its functionality as they have used the wood burner during cold months. Seller is leaving approximately a seasons worth of firewood with the home. R/O system in kitchen stays. Interested parties must apply to the park office for park approval prior to completing purchase. Check with office for pet allowance and/or restrictions. Lot rent currently is $460/mo which includes water, sewer, and trash. Immediate occupancy upon title transfer.

22. 2024-02-29
    listed $29,900 Active 1186-char remark

    Show marketing remark (1186 chars)

    Extremely affordable 2000 'FAIRMONT WINDSOR' manufactured home serial #MY00113419ABW. This very doable home in Maple Del Manor features 3 bedrooms, 2 full baths, large eat-in kitchen, laundry room, wood burner in living room, vinyl clad, tilt in, for easy cleaning, windows. The home has had multiple updates however, seller is selling as is, but kindly leaving nearly all supplies to put in your finishing touches. Rooms are of generous sizes for comfortable living. OH, and that view! How lucky you will be, to have at your disposal, a beautiful view of a sloping hillside full of trees in the rear of the lot. That is priceless in itself! Seller is motivated and selling 'as is-no repairs'. Seller has never used the furnace so not aware of its functionality as they have used the wood burner during cold months. Seller is leaving approximately a seasons worth of firewood with the home. R/O system in kitchen stays. Interested parties must apply to the park office for park approval prior to completing purchase. Check with office for pet allowance and/or restrictions. Lot rent currently is $460/mo which includes water, sewer, and trash. Immediate occupancy upon title transfer.

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 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: $17,652
• − Mortgage interest: −$2,241
• − Property taxes: −$600
• − Insurance: −$200
• − Repairs & maintenance: −$1,412
• − Management: −$1,412
• − Depreciation: −$1,164
• Taxable income: $10,623
• Est. tax owed @ 24.0%: −$2,550
• After-tax cash flow: $8,078/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.

Condition & rehab AI · 1 photo

Poor 20/100 Extensive rehab

This 2000 manufactured home requires extensive repairs and updates to bring it up to a livable condition. Significant work is needed on the exterior, interior, and mechanical systems to increase its resale and rental value.

Repairs flagged

• Major exterior siding — Significant weathering and damage
• Major roof — Siding condition suggests underlying roof issues
• Major flooring — Overall condition suggests need for replacement
• Major interior walls/paint — Overall condition suggests need for repair
• Major kitchen — Overall condition suggests need for replacement
• Major bathrooms — Overall condition suggests need for repair
• Major HVAC/mechanicals — Overall condition suggests need for replacement
• Major windows — Overall condition suggests need for replacement

Value-add opportunities

• Both exterior siding and roof repair — Improves curb appeal and structural integrity
• Both interior wall and paint repair — Enhances interior aesthetics and value
• Both kitchen and bathroom updates — Modernizes spaces and increases value
• Both HVAC and mechanical upgrades — Improves comfort and energy efficiency
• Both landscaping and curb appeal — Enhances overall property value and appeal

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · Significant weathering and damage	Major	$15,000–50,000
roof · Siding condition suggests underlying roof issues	Major	$15,000–50,000
flooring · Overall condition suggests need for replacement	Major	$15,000–50,000
interior walls/paint · Overall condition suggests need for repair	Major	$15,000–50,000
kitchen · Overall condition suggests need for replacement	Major	$15,000–50,000
bathrooms · Overall condition suggests need for repair	Major	$15,000–50,000
HVAC/mechanicals · Overall condition suggests need for replacement	Major	$15,000–50,000
windows · Overall condition suggests need for replacement	Major	$15,000–50,000
Total estimated repair cost · 8 items		$120,000–400,000

Value-add ROI direction

• Both exterior siding and roof repair — Improves curb appeal and structural integrity ↑
• Both interior wall and paint repair — Enhances interior aesthetics and value ↑
• Both kitchen and bathroom updates — Modernizes spaces and increases value ↑
• Both HVAC and mechanical upgrades — Improves comfort and energy efficiency ↑
• Both landscaping and curb appeal — Enhances overall property value and appeal ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Southeast Local
• NCES district ID: 3904922
• Math proficiency: 54% ▼ -11.00%
• Reading proficiency: 58% ▼ -10.00%
• Median HH income: $58,353
• Composite: 48.55/100
• National rank: #2114
• State rank: #334 of 656 in OH

Livability — Ravenna

• Score: 73/100
• State rank: #323
• US rank: #5309

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Portage County · 70,400 people
• City population: 32,612
• Metro: Akron, OH
• Population (ZIP): 32,612
• Household income: $64,918
• Rent vs Own: 31.3% rent · 68.7% own
• Severe rent burden: 1468.0

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 (87%)
• Race & ethnicity: White 87% Black 6% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Romanian 3% Italian 2% Slovak 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 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: ▼ -146.76%
• Current HPI: 196.8027
• 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

Price history

+33.8% since first listed

5 events — show timeline

• 2026-05-13 Listed $40,000 MLSNOW
• 2024-04-05 Pending — MLSNOW
• 2024-04-05 Sold (MLS) $29,900 MLSNOW
• 2024-03-25 Contingent — MLSNOW
• 2024-02-29 Listed $29,900 MLSNOW