2152 Thornbury Ln · Akron, OH 44319

$328,900

3 bd · 2.5 ba · 2,064 sqft · SingleFamily public records · 20 Days on market

Built 2004 5,096 sqft lot $159/sqft · 12% above area Est $294k · 12% over $21/mo HOA

---

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 +5.0/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +2.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This spacious Colonial in Coventry Crossings is move-in ready. Inviting front porch, 2 story great room with fireplace. Kitchen with ceramic tile floor and newer GE Slate appliances. Eating area with sliding glass door to the private back yard with view of the woods. First floor master bedroom with walk-in closet and master bath. First floor laundry. Two nice size bedrooms on the second floor, plus bonus loft area that overlooks the 2 story great room. Neutral decor`. Community park with playground, gazebo and splash pad for summer fun. Call for your private showing today!

Key facts

• Private deck
• Private owners suite
• First floor laundry

Tags

• TWO STORY GREAT ROOM
• PRIVATE OWNERS SUITE
• FIRST FLOOR LAUNDRY
• UPDATED KITCHEN
• PRIVATE DECK
• VERSATILE LOFT SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $329k.

Deal economics

• At list price, monthly cash flow is $3k ($32k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($6k rent vs $329k).
• Recommended offer: $324k (1.5% below list) — sets the bar for market timing.
• Cap rate 16.0% vs local median 6.6% in Akron — 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 (#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.
• Coventry Local (suburban): math 52% / reading 64% proficiency, ranked #315 of 656 in OH (top 48%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 90 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
• At $6,253/mo this rent would consume 100% of the median local household income ($75k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $92k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($324k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y 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 $174k; list at $329k implies a 88% gain — meaningful room to come down on a strong offer.

Recommended offer $323,966 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.90% ✓
• Cap rate: 15.96%
• Cash-on-cash: 34.54%
• DSCR: 2.54
• GRM: 4.4

CMA / ARV

• ARV (median comp): $293,929
• List price: $328,900
• Delta: 11.90%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2162 Canterbury Cir	0.20mi	3/2.5	2,078 (+1%)	4mo	$300,000	$144	86
2165 Stonehenge Cir	0.10mi	4/2.5 (+1)	1,948 (-6%)	1mo	$302,000	$155	80
577 Colchester Ct	0.24mi	4/2.5 (+1)	2,016 (-2%)	0mo	$337,500	$167	80
580 Colchester Ct	0.28mi	4/2.5 (+1)	2,054 (-0%)	3mo	$315,000	$153	79
2300 Canterbury Cir	0.23mi	3/2.5	2,166 (+5%)	12mo	$295,000	$136	71
525 Seaton Ct	0.06mi	4/2.5 (+1)	1,931 (-6%)	16mo	$285,000	$148	68
567 Westminster Cir	0.19mi	3/2.5	1,782 (-14%)	10mo	$310,500	$174	60
2244 Canterbury Cir	0.39mi	3/2.5	1,767 (-14%)	12mo	$303,000	$171	48
1810 Carter Ave	0.61mi	3/1.5	1,762 (-15%)	3mo	$215,000	$122	41
1764 Glenmount Ave	0.74mi	4/3.0 (+1)	2,135 (+3%)	22mo	$159,900	$75	34

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: 30.0%
• Equity multiple: 2.26×
• Total profit: $115,642
• Equity at exit: $49,040

10-year hold

• IRR: 37.3%
• Equity multiple: 4.46×
• Total profit: $318,523
• Equity at exit: $28,437

Cash invested: $92,092 (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 44319

• Active inventory: 90
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $6,253 medium
• Mortgage (P&I): −$1,725
• Tax from tax record: −$406 /mo · $4,874/yr
• Insurance: −$137
• HOA: −$21
• Vacancy / Maint / Mgmt: −$1,313
• Net cashflow: $2,651

Break-even live

Break-even rent $2,898

Max offer price $328,900

Occupancy floor 53%

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: $82,225
• Closing costs: $9,867
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
432 N Firestone Blvd Unit 1496097P Akron, OH	4.0	2.0	1926	$6,253	$3.25	21d	1	1.48mi

HOA detail

• Monthly dues: $21 · $252/yr

Listing history 12 events

1. 2026-05-14
   price $328,900 1684-char remark
2. 2026-05-06
   status Active 1684-char remark
3. 2026-05-04
   status Pending 1684-char remark
4. 2026-04-30
   listed $329,900 Active 1684-char remark
5. 2016-09-28
   soldstatus $174,500 Sold 579-char remark

   Show marketing remark (579 chars)

   This spacious Colonial in Coventry Crossings is move-in ready. Inviting front porch, 2 story great room with fireplace. Kitchen with ceramic tile floor and newer GE Slate appliances. Eating area with sliding glass door to the private back yard with view of the woods. First floor master bedroom with walk-in closet and master bath. First floor laundry. Two nice size bedrooms on the second floor, plus bonus loft area that overlooks the 2 story great room. Neutral decor`. Community park with playground, gazebo and splash pad for summer fun. Call for your private showing today!

6. 2016-09-26
   soldstatus $174,500
7. 2016-08-30
   historical Contingent 579-char remark

   Show marketing remark (579 chars)

   This spacious Colonial in Coventry Crossings is move-in ready. Inviting front porch, 2 story great room with fireplace. Kitchen with ceramic tile floor and newer GE Slate appliances. Eating area with sliding glass door to the private back yard with view of the woods. First floor master bedroom with walk-in closet and master bath. First floor laundry. Two nice size bedrooms on the second floor, plus bonus loft area that overlooks the 2 story great room. Neutral decor`. Community park with playground, gazebo and splash pad for summer fun. Call for your private showing today!

8. 2016-08-29
   status Pending 579-char remark

   Show marketing remark (579 chars)

   This spacious Colonial in Coventry Crossings is move-in ready. Inviting front porch, 2 story great room with fireplace. Kitchen with ceramic tile floor and newer GE Slate appliances. Eating area with sliding glass door to the private back yard with view of the woods. First floor master bedroom with walk-in closet and master bath. First floor laundry. Two nice size bedrooms on the second floor, plus bonus loft area that overlooks the 2 story great room. Neutral decor`. Community park with playground, gazebo and splash pad for summer fun. Call for your private showing today!

9. 2016-08-25
   listed $179,900 Active 579-char remark

   Show marketing remark (579 chars)

   This spacious Colonial in Coventry Crossings is move-in ready. Inviting front porch, 2 story great room with fireplace. Kitchen with ceramic tile floor and newer GE Slate appliances. Eating area with sliding glass door to the private back yard with view of the woods. First floor master bedroom with walk-in closet and master bath. First floor laundry. Two nice size bedrooms on the second floor, plus bonus loft area that overlooks the 2 story great room. Neutral decor`. Community park with playground, gazebo and splash pad for summer fun. Call for your private showing today!

10. 2011-10-06
    soldstatus $129,000

    Show marketing remark (1167 chars)

    * * * * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * * * * * * Spacious home located in the Coventry Crosssing Development * This home built in 2004 offers a luxurious great room with vaulted ceilings and a warm and inviting gas fireplace. * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * * * * * * * * * The first floor master suite has a large walk-in closet. The spacious kitchen has generous storage and plenty of room for entertaining and furnished with quality oak kitchen and bath cabinets. Comes with a first floor laundry. * * * * * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * * * * * * This home is similar to a brand new home! Vaulted ceilings and easement in the back yard at edge of property with tree's and pond. No one can ever build behind you!!! * * * * * * * * * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * ZERO Clearance fireplace, just flip the switch!!! The house still smells NEW!!!! Owner Wants Offer!!!!!!!!!!!!!!!!!!!

11. 2011-10-06
    soldstatus $129,000

    Show marketing remark (1167 chars)

    * * * * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * * * * * * Spacious home located in the Coventry Crosssing Development * This home built in 2004 offers a luxurious great room with vaulted ceilings and a warm and inviting gas fireplace. * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * * * * * * * * * The first floor master suite has a large walk-in closet. The spacious kitchen has generous storage and plenty of room for entertaining and furnished with quality oak kitchen and bath cabinets. Comes with a first floor laundry. * * * * * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * * * * * * This home is similar to a brand new home! Vaulted ceilings and easement in the back yard at edge of property with tree's and pond. No one can ever build behind you!!! * * * * * * * * * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * ZERO Clearance fireplace, just flip the switch!!! The house still smells NEW!!!! Owner Wants Offer!!!!!!!!!!!!!!!!!!!

12. 2011-07-07
    listed $129,000

    Show marketing remark (1167 chars)

    * * * * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * * * * * * Spacious home located in the Coventry Crosssing Development * This home built in 2004 offers a luxurious great room with vaulted ceilings and a warm and inviting gas fireplace. * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * * * * * * * * * The first floor master suite has a large walk-in closet. The spacious kitchen has generous storage and plenty of room for entertaining and furnished with quality oak kitchen and bath cabinets. Comes with a first floor laundry. * * * * * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * * * * * * This home is similar to a brand new home! Vaulted ceilings and easement in the back yard at edge of property with tree's and pond. No one can ever build behind you!!! * * * * * * * * * * * * * * * * * * * * Short Sale * * * * * * * * * * * * * * * ZERO Clearance fireplace, just flip the switch!!! The house still smells NEW!!!! Owner Wants Offer!!!!!!!!!!!!!!!!!!!

ⓘ 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: $4,874 · $406/mo
• Projected year-2 tax: $5,003 · $417/mo
• Expected delta: +$128/yr (+$11/mo · 2.6%)

ⓘ 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 ≥97°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $75,036
• − Mortgage interest: −$18,424
• − Property taxes: −$4,874
• − Insurance: −$1,644
• − Repairs & maintenance: −$6,003
• − Management: −$6,003
• − HOA: −$252
• − Depreciation: −$9,568
• Taxable income: $28,268
• Est. tax owed @ 24.0%: −$6,784
• After-tax cash flow: $25,026/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: Coventry Local
• NCES district ID: 3904999
• Math proficiency: 52% ▼ -13.00%
• Reading proficiency: 64% ▼ -2.00%
• Median HH income: $52,981
• Composite: 49.66/100
• National rank: #1976
• State rank: #315 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 · 539,389 people
• City population: 174,375
• Metro: Akron, OH
• Population (ZIP): 21,469
• Household income: $74,781
• Rent vs Own: 25.6% rent · 74.4% own
• Severe rent burden: 12.4

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 (91%)
• Race & ethnicity: White 91% Two or more races 4% Black 2% Hispanic / Latino 2% Asian 2%
• Common ancestry: Romanian 5% Slovak 2% Serbian 1%
• Foreign-born: 2% · China, Vietnam
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 1% Chinese 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: ▼ -236.58%
• Current HPI: 213.2267
• 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

+155.0% since first listed

13 events — show timeline

• 2026-05-23 Pending — MLSNOW
• 2026-05-14 Price Changed $328,900 MLSNOW
• 2026-05-06 Relisted — MLSNOW
• 2026-05-04 Pending — MLSNOW
• 2026-04-30 Listed $329,900 MLSNOW
• 2016-09-28 Sold (MLS) $174,500 MLSNOW
• 2016-09-26 Sold (Public Records) $174,500 Public Records
• 2016-08-30 Contingent — MLSNOW
• 2016-08-29 Pending — MLSNOW
• 2016-08-25 Listed $179,900 MLSNOW
• 2011-10-06 Sold (Public Records) $129,000 Public Records
• 2011-10-06 Sold (MLS) $129,000 MLSNOW
• 2011-07-07 Listed $129,000 MLSNOW

Property tax history

+4.3%/yr

Latest (2025): $4,874 · -0.0% YoY. Source: county tax records.