CashFlowRE
Sign in Sign up
3441 Heron Ct
D- Composite 38.88
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 +10.8/30.0
  • ARV discount +7.1/15.0
  • Schools +6.2/10.0
  • Livability +3.4/5.0
  • 1% rule +3.3/10.0
  • DSCR +3.1/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$330,000

3441 Heron Ct · Reminderville, OH 44202
2 bd · 2.0 ba · 1,610 sqft · SingleFamily public records · 2 Days on market
Built 2002 4,591 sqft lot Est $327k · at est. $150/mo HOA · 5% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to carefree living at The Crossings at Pond Brook. This beautiful ranch cluster home offers an open concept design with complete one level living. An inviting front porch beckons you with a perfect spot to enjoy morning coffee. Inside, the foyer gently flows into a great room with 9’ ceilings and gas fireplace to help create a spacious yet cozy space. Dining area is adjacent to kitchen for ease of use. Kitchen offers newer SS refrigerator, dinette area, pantry, and plenty of gorgeous maple cabinetry. Bonus sunroom is surrounded by windows bringing natural light indoors. Owner’s suite includes large closet and ensuite bath with walk in shower. A separate full bath and guest BR are situated down the hall. Laundry room comes equipped with washer and dryer, along with cabinet space and closet for extra storage. For outdoor enjoyment, an extended patio allows for ensemble sets and patio furniture while overlooking your wooded, private backyard. Truly a little slice of sereni

Key facts

  • Gas fireplace
  • Updated kitchen
  • Great room

Tags

CUL-DE-SACGREAT ROOMVAULTED CEILINGSGAS FIREPLACEUPDATED KITCHENSTAINLESS STEEL APPLIANCES

Property features AI

Finance

  • Other: Pets: contact listing agent for details
  • HOA & community: Monthly association fee of $150 covering grounds maintenance, structure maintenance, and snow removal

Exterior

  • Parking: Detached or attached 2-car garage with direct access
  • Utilities: Public water; Public sewer
  • Home design: Single-story home; Entry level: 1
  • Construction: Built per public records; Asphalt/fiberglass roof
  • Exterior features: Vinyl siding

Interior

  • Kitchen: Range; Microwave; Refrigerator; Disposal
  • Bedrooms: Two main-level bedrooms
  • Bathrooms: Two full bathrooms, both on the main level
  • Heating & cooling: Forced air heating (gas); Central air conditioning
  • Interior features: One-level living with 5 total rooms; Fireplace (1)
  • Laundry & utility: In-unit laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $330k.

Deal economics

  • At list price, monthly cash flow is $-153 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $303k (8.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $275k (16.8% below list).
  • Recommended offer: $275k (16.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 68/100 on livability (#537 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety 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.
  • Market conditions: 135 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 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 $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.

Negotiation context

  • Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 25y 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 $285k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Recommended offer $274,724 (16.8% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
0.83%
Cap rate
5.74%
Cash-on-cash
-1.99%
DSCR
0.91
GRM
10.0

CMA / ARV

ARV (on-the-fly)
$326,830
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3436 Teal Ct 0.10mi 2/3.0 1,584 (-2%) 2mo $310,000 $196 87
10649 Wood Duck Ct 0.15mi 2/2.0 1,466 (-9%) 1mo $300,000 $205 77
3401 Mallard Ct 0.09mi 2/2.0 1,812 (+12%) 6mo $325,000 $179 70
10488 California St 0.58mi 3/2.0 (+1) 1,634 (+2%) 4mo $280,000 $171 62
10882 Crossings Dr 0.19mi 2/2.0 1,816 (+13%) 10mo $339,900 $187 62
10487 Florida St 0.56mi 3/2.0 (+1) 1,650 (+2%) 7mo $315,000 $191 59
10497 Kerwick Ct 0.61mi 3/2.0 (+1) 1,583 (-2%) 6mo $385,000 $243 58
10265 Beaver Trl 0.50mi 3/1.5 (+1) 1,506 (-6%) 3mo $272,500 $181 57
3314 Fenmore Ln 0.28mi 3/2.5 (+1) 1,384 (-14%) 7mo $370,000 $267 50
10492 Kerwick Ct 0.64mi 3/3.0 (+1) 1,566 (-3%) 10mo $380,000 $243 49
10541 Maryland St 0.48mi 3/2.0 (+1) 1,800 (+12%) 11mo $410,000 $228 44
3320 Blossom Trl 0.64mi 3/2.5 (+1) 1,404 (-13%) 8mo $285,000 $203 36

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
-19.6%
Equity multiple
0.32×
Total profit
$-63,165
Equity at exit
$49,204
10-year hold
IRR
-12.3%
Equity multiple
0.27×
Total profit
$-67,294
Equity at exit
$28,532

Cash invested: $92,400 (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.

ZIP-level market 44202

Active inventory
135
Price-to-rent
10.0×

Monthly cashflow live

Estimated rent
$2,747 medium interval (Pro) →
Mortgage (P&I)
$1,731
Tax from tax record
$305 /mo · $3,666/yr
Insurance
$138
HOA
$150
Vacancy / Maint / Mgmt
$577
Net cashflow
$-153

Break-even live

Break-even rent $2,941
Max offer price $302,932
Occupancy floor

Sensitivity live

Price -10% $34 -5% $-60 +0% $-153 +5% $-247 +10% $-340
Rent -10% $-370 -5% $-262 +0% $-153 +5% $-45 +10% $64
Rate -1.0pp $13 -0.5pp $-69 base $-153 +0.5pp $-239 +1.0pp $-326

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
$82,500
Closing costs
$9,900
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
10188 Anchorage Cv Aurora, OH 3.0 1.5 1268 $2,850 $2.25 3d 1 0.74mi
7340 Ferris ST Aurora, OH 3.0 1.0–3.0 1138 $2,535 $2.23 2d 1 1.36mi

HOA detail

Monthly dues
$150 · $1,800/yr
Likely covers
gas

Listing history 3 events

  1. 2026-06-18
    days on market $330,000 Active 2 DOM
  2. 2026-06-16
    remarks 689-char remark
  3. 2026-06-16
    listed $330,000 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
$3,666 · $305/mo
Projected year-2 tax
$4,407 · $367/mo
Expected delta
+$741/yr (+$62/mo · 20.2%)

ⓘ 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 · 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$32,967
− Mortgage interest
−$18,485
− Property taxes
−$3,666
− Insurance
−$1,650
− Repairs & maintenance
−$2,637
− Management
−$2,637
− HOA
−$1,800
− Depreciation
−$9,600
Taxable loss
−$7,509
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,802
After-tax cash flow
$-37/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 — Reminderville

Score
68/100
State rank
#537
US rank
#9072

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Reminderville, OH
County
Portage · 165,699 people
Metro
Akron, OH
Population (ZIP)
22,857
Household income
$116,556
Rent vs Own
15.8% rent · 84.2% own
Severe rent burden
4.9

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 (87%)
Race & ethnicity
White 87% Asian 4% Two or more races 4% Black 3%
Common ancestry
Romanian 9% Italian 3% Lithuanian 2%
Foreign-born
6% · Canada, China, South Korea
Languages at home
94% English-only · Other Indo-European 2% Other Asian/Pacific 1% Russian/Polish/Slavic 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
▼ -270.23%
Current HPI
186.4919
Rent YoY
Metro
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+72.0% since first listed
7 events — show timeline
  • 2026-06-16 Listed $330,000 MLSNOW
  • 2021-07-30 Sold (MLS) $285,000 MLSNOW
  • 2021-06-22 Contingent MLSNOW
  • 2021-06-18 Listed $265,000 MLSNOW
  • 2021-06-15 Coming Soon $265,000 MLSNOW
  • 2004-02-07 Listing Removed MLSNOW
  • 2001-05-01 Listed $191,830 MLSNOW

Property tax history

-1.4%/yr

Latest (2025): $3,666 · -2.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…