10540 Ravenna Rd #14 · Twinsburg, OH 44087

$209,000

3 bd · 1.5 ba · 1,280 sqft · Condo · 11 Days on market

Built 1967 $235/mo HOA · 12% of rent

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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 +10.3/30.0
• ARV discount +7.5/15.0
• Schools +6.2/10.0
• 1% rule +4.5/10.0
• Livability +4.0/5.0
• DSCR +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome Home ~ Condo in Hyde Park in a sought after neighborhood. Well maintained Townhome which features three bedrooms, one full, one-half bath and offers 1280 sq feet of living space. The main level has the foyer with entrance from the garage and a large laundry/storage space. Second level has a light filled living room with decorative wall fireplace, Hardwood flooring and large windows. Kitchen is complete with refrigerator, stove, dishwasher and opens to the family room or formal dining room which has wood flooring, large windows and half bath. There are three bedrooms on the third level. Primary bedroom has nice size closet space. There are two additional bedrooms both with good

Key facts

• Wood flooring
• Heated garage
• $235 HOA

Tags

• SOUGHT AFTER NEIGHBORHOOD
• DECORATIVE WALL FIREPLACE
• LARGE LAUNDRY STORAGE SPACE
• LIGHT FILLED LIVING ROOM
• WOOD FLOORING
• HEATED GARAGE

Property features AI

Finance

• Other: Home warranty included
• Financial info: Pets allowed
• HOA & community: Monthly association fee of $210; HOA covers grounds and structure maintenance, snow removal, trash, and water

Exterior

• Parking: 2-car garage; Direct garage access; Driveway
• Utilities: Public water; Public sewer
• Home design: 3 stories; Entry level: 1
• Construction: Vinyl siding; Asphalt roof; Slab foundation; Built in (year built from public records)
• Exterior features: South-facing; Updated/remodeled condition; Attached property; Small lot (0.0294 acres)

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: Bedrooms present (total rooms: 10)
• Bathrooms: 1 full bathroom; 1 half bathroom; 1 main-level bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Built-in features; Recessed lighting; Partially finished basement with storage space; Fireplace (1)
• Laundry & utility: Washer; Dryer (lower level laundry)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath condo listed at $209k.

Deal economics

• At list price, monthly cash flow is $-115 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $192k (7.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $198k (5.2% below list).
• Recommended offer: $192k (7.9% below list) — sets the bar for cash-flow.
• Cap rate 5.6% vs local median 3.7% in Twinsburg — 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 81/100 on livability (#95 in OH, #1,475 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F.
• Twinsburg City (suburban): math 67% / reading 75% proficiency, ranked #119 of 656 in OH (top 18%) — strong family-tenant draw, lease renewals of 3-5y typical; only 14% free/reduced lunch — higher-income household profile.
• Zoned schools: Wilcox Elementary School (736 students, 18% FRL); Geo G Dodge Elementary School (math 73% / reading 76%, grade A, #88 of 654 statewide, top 14%, 821 students, 20% FRL); Twinsburg High School (math 65% / reading 83%, grade B+, #83 of 781 statewide, top 11%, 1,301 students, 16% FRL) — zoned schools at 18% FRL track the district average.
• Market conditions: 68 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 43% 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 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 32y 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.

Recommended offer $192,391 (7.9% 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 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.95% ✗
• Cap rate: 5.63%
• Cash-on-cash: -2.35%
• DSCR: 0.90
• GRM: 8.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -20.1%
• Equity multiple: 0.30×
• Total profit: $-41,003
• Equity at exit: $31,163

10-year hold

• IRR: -12.9%
• Equity multiple: 0.24×
• Total profit: $-44,410
• Equity at exit: $18,071

Cash invested: $58,520 (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 44087

• Active inventory: 68
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,980 high
• Mortgage (P&I): −$1,096
• Tax est. 1.5%: −$261 /mo · $3,135/yr
• Insurance: −$87
• HOA: −$235
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $-115

Break-even live

Break-even rent $2,126

Max offer price $192,391

Occupancy floor —

Sensitivity live

Price	-10% $30	-5% $-43	+0% $-115	+5% $-187	+10% $-259
Rent	-10% $-271	-5% $-193	+0% $-115	+5% $-37	+10% $42
Rate	-1.0pp $-10	-0.5pp $-62	base $-115	+0.5pp $-169	+1.0pp $-224

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: $52,250
• Closing costs: $6,270
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1879 Hillsdale Dr Twinsburg, OH	3.0	1.0	988	$1,859	$1.88	3d	1	0.85mi
2617 Aubrey Ln Twinsburg, OH	2.0	2.0	1326	$2,328	$1.76	18d	1	1.03mi
2639 Arbor Glen Dr Twinsburg, OH	1.0–2.0	1.0–2.0	1019	$1,735	$1.70	3d	17	1.06mi
2487 Warren Pkwy Unit 3 Twinsburg, OH	3.0	1.5	1292	$1,900	$1.47	45d	1	1.22mi
9976 Darrow Rd Apt 6 Twinsburg, OH	3.0	1.5	1034	$1,500	$1.45	45d	1	1.26mi
9976 Darrow Rd Twinsburg, OH	3.0	1.5	1050	$1,400	$1.33	45d	1	1.26mi
9214 Blueberry Ln Macedonia, OH	3.0	1.5	1176	$1,500	$1.28	22d	1	1.41mi

HOA detail condo

• Monthly dues: $235 · $2,820/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 8 events

1. 2026-06-03
   status $209,000 Pending 11 DOM
2. 2026-06-02
   days on market $209,000 Active 11 DOM
3. 2026-06-01
   days on market $209,000 Active 10 DOM
4. 2026-05-31
   days on market $209,000 Active 9 DOM
5. 2026-05-31
   days on market $209,000 Active 8 DOM
6. 2026-05-22
   listed $209,000 Active
7. 1994-08-03
   historical
8. 1994-02-03
   listed $62,900

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,766
• − Mortgage interest: −$11,707
• − Property taxes: −$3,135
• − Insurance: −$1,045
• − Repairs & maintenance: −$1,901
• − Management: −$1,901
• − HOA: −$2,820
• − Depreciation: −$6,080
• Taxable loss: −$4,824
• Est. tax savings @ 24.0%: +$1,158
• After-tax cash flow: $-220/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: Twinsburg City
• NCES district ID: 3905007
• Math proficiency: 67% ▼ -17.00%
• Reading proficiency: 75% ▼ -8.00%
• Median HH income: $70,356
• Composite: 62.11/100
• National rank: #711
• State rank: #119 of 656 in OH

Livability — Twinsburg

• Score: 81/100
• State rank: #95
• US rank: #1475

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: Twinsburg, OH
• County: Summit County · 440,783 people
• City population: 22,185
• Metro: Akron, OH
• Population (ZIP): 22,185
• Household income: $99,270
• Rent vs Own: 22.1% rent · 77.9% own
• Severe rent burden: 607.0

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: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 63% Black 20% Asian 9% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Romanian 5% Italian 1% Lithuanian 1%
• Foreign-born: 9% · China, Canada, Vietnam
• Languages at home: 91% English-only · Other Indo-European 4% Russian/Polish/Slavic 1% Tagalog/Filipino 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: ▼ -175.18%
• Current HPI: 193.7614
• 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

+232.3% since first listed

3 events — show timeline

• 2026-05-22 Listed $209,000 MLSNOW
• 1994-08-03 Listing Removed — MLSNOW
• 1994-02-03 Listed $62,900 MLSNOW