555 Wyandot Ave · Akron, OH 44305

$110,000

2 bd · 1.0 ba · 1,056 sqft · SingleFamily public records · 13 Days on market

Built 1926 5,000 sqft lot Est $115k · at est.

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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 +20.3/30.0
• ARV discount +9.5/15.0
• DSCR +6.4/10.0
• 1% rule +5.7/10.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to this charming 2-bedroom, 1-bath Colonial offering classic character and everyday convenience. Ideally situated near the interstate, this home provides easy access for commuters while keeping you close to shopping centers, parks, restaurants, and a variety of local amenities. Inside, you'll find a warm and inviting layout with comfortable living spaces, abundant natural light, and timeless appeal. The functional floor plan offers two well-sized bedrooms and a full bath, making it perfect for first-time homebuyers, downsizers, or investors. Enjoy the convenience of nearby recreation, entertainment, and essential services, all just minutes from your doorstep. This delightful ho

Key facts

• Easy access
• Nearby recreation
• Local amenities

Tags

• EASY ACCESS
• NEARBY RECREATION
• LOCAL AMENITIES

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: 2 stories; Vinyl siding; Asphalt/fiberglass roof
• Construction: Built (year per public records); Vinyl siding construction; Asphalt and fiberglass roof
• Exterior features: Wood fencing

Interior

• Kitchen: Range; Microwave; Refrigerator; Dishwasher not listed
• Bedrooms: Total of 5 rooms (includes bedrooms and other living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Gas heating; Central air conditioning
• Interior features: Full basement
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $140 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).

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 (+4.5%/yr); 101 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $761 of loan paydown is wiped out by about $3k 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 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 34y 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 $50k; list at $110k implies a 120% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $110,000

Questions for the listing agent

1. Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.07% ✓
• Cap rate: 7.82%
• Cash-on-cash: 5.47%
• DSCR: 1.24
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $115,104
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1379 Ottawa Ave	0.09mi	3/1.0 (+1)	999 (-5%)	4mo	$99,500	$100	78
1364 Eastwood Ave	0.47mi	2/1.0	1,027 (-3%)	3mo	$83,000	$81	71
1177 Smithfarm Ave	0.45mi	2/1.0	992 (-6%)	2mo	$113,000	$114	67
1082 Hazel St	0.63mi	3/1.0 (+1)	1,056 (0%)	2mo	$112,100	$106	64
561 Melrose St	0.26mi	3/1.0 (+1)	1,182 (+12%)	1mo	$132,500	$112	62
1465 Multnoma Ave	0.32mi	3/1.0 (+1)	1,144 (+8%)	5mo	$139,500	$122	62
853 Brittain Rd	0.59mi	3/1.0 (+1)	1,032 (-2%)	4mo	$145,000	$141	61
810 Mohawk Ave	0.46mi	2/1.5	1,152 (+9%)	2mo	$82,500	$72	60
1102 Tonawanda Ave	0.51mi	3/1.0 (+1)	960 (-9%)	1mo	$97,000	$101	55
1492 Onondago Ave	0.47mi	3/2.0 (+1)	1,139 (+8%)	3mo	$185,000	$162	53
1603 Hampton Rd	0.73mi	2/1.5	1,152 (+9%)	2mo	$125,000	$109	47
1267 Tioga Ave	0.75mi	3/1.0 (+1)	960 (-9%)	4mo	$93,500	$97	42

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 · 4.51% rent growth · sell at horizon

5-year hold

• IRR: -6.1%
• Equity multiple: 0.77×
• Total profit: $-7,039
• Equity at exit: $16,401

10-year hold

• IRR: 5.4%
• Equity multiple: 1.43×
• Total profit: $13,199
• Equity at exit: $9,511

Cash invested: $30,800 (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 44305

• Rents YoY: 4.5%
• Active inventory: 101
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,176 high
• Mortgage (P&I): −$577
• Tax from tax record: −$166 /mo · $1,995/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$247
• Net cashflow: $140

Break-even live

Break-even rent $999

Max offer price $110,000

Occupancy floor 83%

Sensitivity live

Price	-10% $203	-5% $171	+0% $140	+5% $109	+10% $78
Rent	-10% $47	-5% $94	+0% $140	+5% $187	+10% $233
Rate	-1.0pp $196	-0.5pp $168	base $140	+0.5pp $112	+1.0pp $83

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1318 Arnold Ave Akron, OH	3.0	1.0	1056	$1,450	$1.37	45d	1	0.20mi
589 Eastland Ave Akron, OH	3.0	1.5	1345	$1,300	$0.97	45d	1	0.22mi
1598 Pilgrim St Akron, OH	3.0	1.0	1352	$1,550	$1.15	45d	1	0.48mi
676 Grifton Ave Akron, OH	2.0	1.0	703	$1,000	$1.42	45d	1	0.53mi
680 Grifton Ave Akron, OH	2.0	1.0	828	$1,050	$1.27	24d	1	0.53mi
1113 Smithfarm Ave Akron, OH	3.0	2.0	1296	$1,600	$1.23	24d	1	0.58mi
237 Kryder Ave Unit 237 Akron, OH	2.0	1.0	860	$850	$0.99	45d	1	0.60mi
1190 Hazel St Akron, OH	3.0	1.0	1124	$1,425	$1.27	45d	1	0.61mi
857 Kennebec Ave Akron, OH	3.0	1.0	1008	$1,350	$1.34	45d	1	0.72mi
208 Barder Ave Akron, OH	3.0	1.0	924	$1,050	$1.14	45d	1	0.73mi
243 Watson St Akron, OH	2.0	1.0	750	$950	$1.27	45d	1	0.75mi
1428 Sara Ave Akron, OH	2.0	1.0	1080	$1,050	$0.97	15d	1	0.78mi
1635 Bronson Rd Akron, OH	3.0	1.0	1110	$1,245	$1.12	15d	1	0.84mi
1820 Malasia Rd Unit 2 Akron, OH	2.0	1.0	741	$925	$1.25	45d	1	0.91mi
1820 Malasia Rd Akron, OH	2.0	1.0	741	$895	$1.21	22d	1	0.91mi
1044 Brittain Rd Unit 1050 Akron, OH	1.0	1.0	700	$785	$1.12	45d	1	0.93mi
1050 Brittain Rd Akron, OH	1.0	1.0	700	$785	$1.12	45d	1	0.94mi
109 Kent Ct Akron, OH	2.0	1.0	1032	$1,142	$1.11	24d	1	0.97mi
1628 E Market St Akron, OH	2.0	1.0	800	$850	$1.06	45d	1	1.08mi
134 N Arlington St Akron, OH	2.0	1.0	964	$900	$0.93	24d	1	1.10mi
208 Denver St Akron, OH	3.0	1.0	1248	$895	$0.72	45d	1	1.18mi
797 E Market St Apt 220 Akron, OH	2.0	1.5	1100	$1,500	$1.36	24d	1	1.21mi
167 Chittenden St #1 Akron, OH	2.0	1.0	900	$850	$0.94	45d	1	1.26mi
167 Chittenden St Apt 2 Akron, OH	2.0	1.0	900	$825	$0.92	45d	1	1.27mi
166 Chittenden St Akron, OH	3.0	1.0	1020	$985	$0.97	45d	1	1.28mi
481 Tompkins Ave Akron, OH	2.0	1.0	800	$749	$0.94	15d	1	1.29mi
801 E Exchange St Akron, OH	2.0	1.0	850	$925	$1.09	24d	1	1.37mi
1125 2nd Ave Akron, OH	3.0	1.0	1373	$1,100	$0.80	24d	1	1.40mi
783 E Exchange St Unit 2nd Akron, OH	2.0	1.0	951	$875	$0.92	24d	1	1.40mi
987 Boone St Akron, OH	3.0	1.0	1248	$1,100	$0.88	24d	1	1.44mi
1182 5th Ave Akron, OH	3.0	1.0	1248	$1,250	$1.00	15d	1	1.47mi

Listing history 10 events

1. 2026-06-21
   days on market $110,000 Active 13 DOM
2. 2026-06-18
   days on market $110,000 Active 10 DOM
3. 2026-06-17
   days on market $110,000 Active 9 DOM
4. 2026-06-16
   days on market $110,000 Active 8 DOM
5. 2026-06-15
   days on market $110,000 Active 7 DOM
6. 2026-06-14
   days on market $110,000 Active 5 DOM
7. 2026-06-13
   days on market $110,000 Active 4 DOM
8. 2026-06-10
   days on market $110,000 Active 2 DOM
9. 2026-06-09
   remarks 699-char remark
10. 2026-06-09
    listed $110,000 Active 1 DOM

ⓘ 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: $1,995 · $166/mo
• Projected year-2 tax: $1,995 · $166/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 · 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

Taxation est. · year 1

• Rental income: $14,116
• − Mortgage interest: −$6,162
• − Property taxes: −$1,995
• − Insurance: −$550
• − Repairs & maintenance: −$1,129
• − Management: −$1,129
• − Depreciation: −$3,200
• Taxable loss: −$50
• Est. tax savings @ 24.0%: +$12
• After-tax cash flow: $1,696/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

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

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): 21,103
• Household income: $52,768
• Rent vs Own: 42.7% rent · 57.3% own
• Severe rent burden: 1021.0

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 0.57)
• Race & ethnicity: White 62% Black 20% Two or more races 12% Asian 5% Hispanic / Latino 2%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 4% · India, Philippines, Canada
• Languages at home: 94% English-only · Other Asian/Pacific 3% Other Indo-European 1% Spanish 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: ▼ -140.39%
• Current HPI: 190.6223
• Rent YoY: ▲ 4.51%
• 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

+214.3% since first listed

11 events — show timeline

• 2026-06-08 Listed $110,000 MLSNOW
• 1998-09-28 Sold (Public Records) $50,000 Public Records
• 1996-10-22 Listing Removed — MLSNOW
• 1996-07-24 Listed $51,900 MLSNOW
• 1994-02-15 Sold (Public Records) $43,000 Public Records
• 1994-02-15 Sold (Public Records) $43,000 Public Records
• 1994-01-24 Listing Removed — MLSNOW
• 1993-10-26 Listed $44,900 MLSNOW
• 1992-12-29 Listing Removed — MLSNOW
• 1992-10-02 Listed $45,000 MLSNOW
• 1990-02-15 Sold (Public Records) $35,000 Public Records

Property tax history

+1.8%/yr

Latest (2025): $1,995 · +0.2% YoY. Source: county tax records.