10252 Wellman Rd #19 · Streetsboro, OH 44241

$75,900

2 bd · 2.0 ba · 895 sqft · SingleFamily · 65 Days on market

Built 2014 Good condition $85/sqft · 8% above area Est $70k · 8% over

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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
• Schools +4.4/10.0
• Livability +3.9/5.0
• ARV discount +3.8/15.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

It’s your lucky day!  This home came back on the market as the buyer’s job transfer didn’t work out after waiting almost two months!  So, why rent when you can own this meticulous, customized, updated care-free home?  The eat-in kitchen and both bathrooms have been totally remodeled with Corian countertops and new cabinets in 3/2021.  You’ll love the thoughtfully redesigned kitchen with its abundant amount of cabinets, center island and all stainless steel appliances.   The primary bath has loads of built-ins as well as a large walk-in shower.   The laundry is conveniently located off the kitchen and also has newer cabinets for storage.   Other head-to-toe updates include:  hot water tank and HVAC in 2024 (saving you money with the extremely low utility bills), roof 2016, ceiling fans, light fixtures, Corian sills on all double-pane windows, exterior doors and more.   And if this isn’t enough, a 10’x10’x11’ shed has been added for additional storage.   The lot fee includes water, sewer, trash and snow removal of streets.   Close to shopping, dining and expressways, you’ll find everything you need close by.   Schedule an appointment today with your realtor soon!

Key facts

• Hvac
• Eat-in kitchen
• Large walk-in shower

Tags

• EAT-IN KITCHEN
• TOTALLY REMODELED BATHROOMS
• STAINLESS STEEL APPLIANCES
• LARGE WALK-IN SHOWER
• NEWER CABINETS FOR STORAGE
• HVAC

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $76k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $623 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $76k).
• Recommended offer: $71k (6.0% below list) — sets the bar for market timing.
• Cap rate 16.1% 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; 2 comparable units currently listed for rent nearby; 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 $525 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($71k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $4k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $71,346 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.91% ✓
• Cap rate: 16.15%
• Cash-on-cash: 35.20%
• DSCR: 2.57
• GRM: 4.4

CMA / ARV

• ARV (median comp): $70,141
• List price: $75,900
• Delta: 8.21%
• Verdict: FAIR
• Comps: 6 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10252 Wellman Rd #17	0.03mi	2/2.0	896 (+0%)	22mo	$38,900	$43	80
10252 Wellman Rd #8	0.04mi	3/2.0 (+1)	1,003 (+12%)	5mo	$77,000	$77	69
10328 Wellman Rd	0.25mi	3/2.0 (+1)	868 (-3%)	22mo	$45,000	$52	60
558 Frost Rd	0.65mi	3/1.0 (+1)	1,010 (+13%)	8mo	$190,000	$188	33

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: 30.8%
• Equity multiple: 2.29×
• Total profit: $27,431
• Equity at exit: $11,317

10-year hold

• IRR: 38.0%
• Equity multiple: 4.53×
• Total profit: $75,106
• Equity at exit: $6,562

Cash invested: $21,252 (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: 4.4×

Monthly cashflow live

• Estimated rent: $1,453 medium
• Mortgage (P&I): −$398
• Tax est. 1.5%: −$95 /mo · $1,138/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $623

Break-even live

Break-even rent $664

Max offer price $75,900

Occupancy floor 52%

Sensitivity live

Price	-10% $676	-5% $650	+0% $623	+5% $597	+10% $571
Rent	-10% $509	-5% $566	+0% $623	+5% $681	+10% $738
Rate	-1.0pp $662	-0.5pp $643	base $623	+0.5pp $604	+1.0pp $584

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: $18,975
• Closing costs: $2,277
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
725 Bridgeport Ave Streetsboro, OH	2.0–3.0	1.0–2.0	1221	$1,415	$1.16	14d	25	0.93mi
872 W Kensington Ln Streetsboro, OH	2.0	1.5	1099	$1,500	$1.36	14d	1	1.27mi

Listing history 19 events

1. 2026-06-18
   days on market $75,900 Active 65 DOM
2. 2026-06-17
   days on market $75,900 Active 64 DOM
3. 2026-06-16
   days on market $75,900 Active 63 DOM
4. 2026-06-15
   days on market $75,900 Active 62 DOM
5. 2026-06-14
   days on market $75,900 Active 60 DOM
6. 2026-06-13
   days on market $75,900 Active 59 DOM
7. 2026-06-10
   days on market $75,900 Active 57 DOM
8. 2026-06-09
   days on market $75,900 Active 56 DOM
9. 2026-06-08
   days on market $75,900 Active 55 DOM
10. 2026-06-07
    days on market $75,900 Active 54 DOM
11. 2026-06-05
    days on market $75,900 Active 51 DOM
12. 2026-06-03
    days on market $75,900 Active 50 DOM
13. 2026-06-02
    days on market $75,900 Active 49 DOM
14. 2026-06-01
    days on market $75,900 Active 48 DOM
15. 2026-05-31
    days on market $75,900 Active 47 DOM
16. 2026-05-31
    days on market $75,900 Active 46 DOM
17. 2026-05-01
    status Active 1293-char remark

    Show marketing remark (1293 chars)

    It’s your lucky day!  This home came back on the market as the buyer’s job transfer didn’t work out after waiting almost two months!  So, why rent when you can own this meticulous, customized, updated care-free home?  The eat-in kitchen and both bathrooms have been totally remodeled with Corian countertops and new cabinets in 3/2021.  You’ll love the thoughtfully redesigned kitchen with its abundant amount of cabinets, center island and all stainless steel appliances.   The primary bath has loads of built-ins as well as a large walk-in shower.   The laundry is conveniently located off the kitchen and also has newer cabinets for storage.   Other head-to-toe updates include:  hot water tank and HVAC in 2024 (saving you money with the extremely low utility bills), roof 2016, ceiling fans, light fixtures, Corian sills on all double-pane windows, exterior doors and more.   And if this isn’t enough, a 10’x10’x11’ shed has been added for additional storage.   The lot fee includes water, sewer, trash and snow removal of streets.   Close to shopping, dining and expressways, you’ll find everything you need close by.   Schedule an appointment today with your realtor soon!

18. 2026-03-09
    status Pending 1293-char remark

    Show marketing remark (1293 chars)

    It’s your lucky day!  This home came back on the market as the buyer’s job transfer didn’t work out after waiting almost two months!  So, why rent when you can own this meticulous, customized, updated care-free home?  The eat-in kitchen and both bathrooms have been totally remodeled with Corian countertops and new cabinets in 3/2021.  You’ll love the thoughtfully redesigned kitchen with its abundant amount of cabinets, center island and all stainless steel appliances.   The primary bath has loads of built-ins as well as a large walk-in shower.   The laundry is conveniently located off the kitchen and also has newer cabinets for storage.   Other head-to-toe updates include:  hot water tank and HVAC in 2024 (saving you money with the extremely low utility bills), roof 2016, ceiling fans, light fixtures, Corian sills on all double-pane windows, exterior doors and more.   And if this isn’t enough, a 10’x10’x11’ shed has been added for additional storage.   The lot fee includes water, sewer, trash and snow removal of streets.   Close to shopping, dining and expressways, you’ll find everything you need close by.   Schedule an appointment today with your realtor soon!

19. 2026-02-20
    listed $79,900 Active 1293-char remark

    Show marketing remark (1293 chars)

    It’s your lucky day!  This home came back on the market as the buyer’s job transfer didn’t work out after waiting almost two months!  So, why rent when you can own this meticulous, customized, updated care-free home?  The eat-in kitchen and both bathrooms have been totally remodeled with Corian countertops and new cabinets in 3/2021.  You’ll love the thoughtfully redesigned kitchen with its abundant amount of cabinets, center island and all stainless steel appliances.   The primary bath has loads of built-ins as well as a large walk-in shower.   The laundry is conveniently located off the kitchen and also has newer cabinets for storage.   Other head-to-toe updates include:  hot water tank and HVAC in 2024 (saving you money with the extremely low utility bills), roof 2016, ceiling fans, light fixtures, Corian sills on all double-pane windows, exterior doors and more.   And if this isn’t enough, a 10’x10’x11’ shed has been added for additional storage.   The lot fee includes water, sewer, trash and snow removal of streets.   Close to shopping, dining and expressways, you’ll find everything you need close by.   Schedule an appointment today with your realtor soon!

ⓘ 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 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,438
• − Mortgage interest: −$4,252
• − Property taxes: −$1,138
• − Insurance: −$380
• − Repairs & maintenance: −$1,395
• − Management: −$1,395
• − Depreciation: −$2,208
• Taxable income: $6,670
• Est. tax owed @ 24.0%: −$1,601
• After-tax cash flow: $5,881/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 · 12 photos

Good 75/100 Cosmetic rehab

This home is in good condition with recent updates, making it a good investment for both resale and rental.

Value-add opportunities

• Resale painting — Fresh paint can make a home more appealing
• Rental landscaping — Well-maintained landscaping can attract tenants
• Both upgrading appliances — Modern appliances can increase both resale and rental value

Renovation cost estimate screening

Value-add ROI direction

• Resale painting — Fresh paint can make a home more appealing ↑
• Rental landscaping — Well-maintained landscaping can attract tenants ↑
• Both upgrading appliances — Modern appliances can increase both resale and rental value ↑

ⓘ 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: 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

3 events — show timeline

• 2026-05-01 Relisted — MLSNOW
• 2026-03-09 Pending — MLSNOW
• 2026-02-20 Listed $79,900 MLSNOW