1168 Jeanie J Ave · Akron, OH 44310

$119,900

3 bd · 1.0 ba · 1,210 sqft · SingleFamily public records · 51 Days on market

Built 1959 7,148 sqft lot $99/sqft · 26% below area Est $162k · 26% under

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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 +20.1/30.0
• ARV discount +15.0/15.0
• DSCR +6.4/10.0
• 1% rule +6.2/10.0
• Livability +4.0/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come check out this beautiful home with first floor living room, dining room, kitchen. and a full bath. A large fenced in yard for recreation. Mold in the basement has been removed by SafeHome Environmental. Will provide the report. Seller would like to sell "as-is".

Key facts

• Double windows
• Eating area
• Picture window

Tags

• ALUMINUM SIDED
• DOUBLE WINDOWS
• HARDWOOD FLOORS
• EATING AREA
• SIDE DECK
• PICTURE WINDOW

Property features AI

Exterior

• Parking: Detached, paved garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Single-family property; 1,210 above-grade finished area (per assessor)
• Construction: Aluminum siding; Asphalt fiberglass roof
• Exterior features: Lot recorded at approximately 0.164 acres

Interior

• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced-air gas heating; Central air conditioning
• Interior features: Full, unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $150 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $116k (3.0% below list) — sets the bar for market timing.

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 (+4.8%/yr); 88 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
• This rent runs 39% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k 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

• It's been on market 51 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 34y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $116,303 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.12% ✓
• Cap rate: 7.79%
• Cash-on-cash: 5.35%
• DSCR: 1.24
• GRM: 7.5

CMA / ARV

• ARV (median comp): $162,042
• List price: $119,900
• Delta: -26.01%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1366 Alphada Ave	0.08mi	3/2.0	1,224 (+1%)	2mo	$245,000	$200	89
1391 Alphada Ave	0.03mi	3/1.0	1,142 (-6%)	2mo	$61,000	$53	87
1659 Vicgross Ave	0.25mi	3/1.0	1,210 (0%)	10mo	$153,000	$126	80
1371 Sorin Ave	0.48mi	3/1.0	1,200 (-1%)	1mo	$132,000	$110	76
1540 Grand Park Ave	0.16mi	3/3.0	1,179 (-3%)	10mo	$169,400	$144	72
1648 Vicgross Ave	0.22mi	4/2.0 (+1)	1,210 (0%)	13mo	$185,000	$153	70
1508 Hyde Park Ave	0.10mi	4/2.0 (+1)	1,314 (+9%)	8mo	$240,000	$183	66
170 N Thomas Rd	0.55mi	3/1.5	1,152 (-5%)	1mo	$220,000	$191	63
1310 Brownstone Ave	0.42mi	3/1.5	1,144 (-6%)	8mo	$183,000	$160	62
1354 Sorin Ave	0.52mi	3/1.5	1,260 (+4%)	13mo	$184,000	$146	56
77 N Thomas Rd	0.46mi	3/2.0	1,344 (+11%)	13mo	$225,000	$167	45
1340 Bluestone Ave	0.36mi	4/1.5 (+1)	1,363 (+13%)	15mo	$165,000	$121	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 · 4.82% rent growth · sell at horizon

5-year hold

• IRR: -5.8%
• Equity multiple: 0.78×
• Total profit: $-7,334
• Equity at exit: $17,877

10-year hold

• IRR: 6.2%
• Equity multiple: 1.50×
• Total profit: $16,783
• Equity at exit: $10,367

Cash invested: $33,572 (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 44310

• Rents YoY: 4.8%
• Active inventory: 88
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,337 high
• Mortgage (P&I): −$629
• Tax from tax record: −$228 /mo · $2,733/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $150

Break-even live

Break-even rent $1,147

Max offer price $119,900

Occupancy floor 84%

Sensitivity live

Price	-10% $218	-5% $184	+0% $150	+5% $116	+10% $82
Rent	-10% $44	-5% $97	+0% $150	+5% $203	+10% $255
Rate	-1.0pp $210	-0.5pp $180	base $150	+0.5pp $119	+1.0pp $87

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1444 Hyde Park Ave Akron, OH	3.0	1.0	1104	$1,395	$1.26	15d	1	0.18mi
1423 Creighton Ave Unit 1 Akron, OH	3.0	1.0	1040	$1,100	$1.06	24d	1	0.33mi
72 S Thomas Rd Unit 12 Tallmadge, OH	2.0	1.5	1100	$1,295	$1.18	15d	1	0.54mi
72 S Thomas Rd Tallmadge, OH	2.0	1.5	1100	$1,295	$1.18	45d	1	0.54mi
1059 Jean Ave Akron, OH	3.0	1.0	1012	$1,300	$1.28	45d	1	0.61mi
1015 Howe Ave Cuyahoga Falls, OH	2.0	1.0	768	$1,100	$1.43	22d	1	0.98mi
1015 Howe Ave Apt 7 Cuyahoga Falls, OH	2.0	1.0	768	$1,100	$1.43	15d	1	0.98mi
1015 Howe Ave Apt 7 Cuyahoga Falls, OH	2.0	1.0	768	$1,200	$1.56	22d	1	0.98mi
1276 Bailey Rd Cuyahoga Falls, OH	3.0	2.0	1188	$1,800	$1.52	45d	1	1.11mi
857 Kennebec Ave Akron, OH	3.0	1.0	1008	$1,350	$1.34	45d	1	1.18mi
1305 Buckingham Gate Blvd Cuyahoga Falls, OH	1.0–2.0	1.0–2.0	894	$1,650	$1.84	15d	1	1.22mi
1207 Hunters Lake Dr W Cuyahoga Falls, OH	1.0–2.0	1.0–2.0	864	$1,472	$1.70	14d	19	1.25mi
181 W Overdale Dr Unit C Tallmadge, OH	2.0	1.0	1050	$1,150	$1.10	45d	1	1.27mi
147 W Overdale Dr Tallmadge, OH	2.0	1.0–1.5	1000	$1,200	$1.20	15d	8	1.34mi
1635 Bronson Rd Akron, OH	3.0	1.0	1110	$1,245	$1.12	15d	1	1.44mi
467 Lynn Dr Cuyahoga Falls, OH	3.0	1.0	1414	$1,600	$1.13	15d	1	1.46mi

Listing history 27 events

1. 2026-06-17
   status $119,900 Pending 51 DOM
2. 2026-06-17
   days on market $119,900 Active 51 DOM
3. 2026-06-16
   days on market $119,900 Active 50 DOM
4. 2026-06-15
   days on market $119,900 Active 49 DOM
5. 2026-06-14
   days on market $119,900 Active 47 DOM
6. 2026-06-13
   days on market $119,900 Active 46 DOM
7. 2026-06-10
   days on market $119,900 Active 44 DOM
8. 2026-06-09
   days on market $119,900 Active 43 DOM
9. 2026-06-09
   price $119,900 Active 42 DOM
10. 2026-06-08
    days on market $129,900 Active 42 DOM
11. 2026-06-07
    days on market $129,900 Active 41 DOM
12. 2026-06-05
    days on market $129,900 Active 38 DOM
13. 2026-06-03
    days on market $129,900 Active 37 DOM
14. 2026-06-02
    days on market $129,900 Active 36 DOM
15. 2026-06-01
    days on market $129,900 Active 35 DOM
16. 2026-05-31
    days on market $129,900 Active 34 DOM
17. 2026-05-31
    days on market $129,900 Active 33 DOM
18. 2026-04-27
    listed $129,900 Active 924-char remark
19. 2026-04-10
    historical
20. 2026-04-09
    listed $129,900 Active
21. 2022-07-11
    status Pending

    Show marketing remark (277 chars)

    Come check out this beautiful home with first floor living room, dining room, kitchen. and a full bath. A large fenced in yard for recreation. Mold in the basement has been removed by SafeHome Environmental. Will provide the report. Seller would like to sell "as-is".

22. 2022-07-08
    soldstatus $131,400 Closed

    Show marketing remark (277 chars)

    Come check out this beautiful home with first floor living room, dining room, kitchen. and a full bath. A large fenced in yard for recreation. Mold in the basement has been removed by SafeHome Environmental. Will provide the report. Seller would like to sell "as-is".

23. 2022-07-08
    soldstatus $131,400

    Show marketing remark (277 chars)

    Come check out this beautiful home with first floor living room, dining room, kitchen. and a full bath. A large fenced in yard for recreation. Mold in the basement has been removed by SafeHome Environmental. Will provide the report. Seller would like to sell "as-is".

24. 2022-06-07
    historical Contingent

    Show marketing remark (277 chars)

    Come check out this beautiful home with first floor living room, dining room, kitchen. and a full bath. A large fenced in yard for recreation. Mold in the basement has been removed by SafeHome Environmental. Will provide the report. Seller would like to sell "as-is".

25. 2022-05-06
    listed $129,900 Active

    Show marketing remark (277 chars)

    Come check out this beautiful home with first floor living room, dining room, kitchen. and a full bath. A large fenced in yard for recreation. Mold in the basement has been removed by SafeHome Environmental. Will provide the report. Seller would like to sell "as-is".

26. 1992-08-19
    soldstatus $47,900
27. 1992-06-04
    listed $49,900

ⓘ 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: $2,733 · $228/mo
• Projected year-2 tax: $2,733 · $228/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: $16,043
• − Mortgage interest: −$6,716
• − Property taxes: −$2,733
• − Insurance: −$600
• − Repairs & maintenance: −$1,283
• − Management: −$1,283
• − Depreciation: −$3,488
• Taxable loss: −$60
• Est. tax savings @ 24.0%: +$15
• After-tax cash flow: $1,811/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): 25,496
• Household income: $41,066
• Rent vs Own: 60.7% rent · 39.3% own
• Severe rent burden: 2058.0

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: Highly diverse neighborhood (Simpson 0.73)
• Race & ethnicity: White 40% Black 25% Asian 20% Hispanic / Latino 10% Two or more races 9%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 2% Slovak 1% Italian 1%
• Foreign-born: 25% · Canada, India, Philippines
• Languages at home: 69% English-only · Other Indo-European 13% Spanish 7% Other Asian/Pacific 6%

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: ▼ -194.41%
• Current HPI: 203.4431
• Rent YoY: ▲ 4.82%
• 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

+140.3% since first listed

12 events — show timeline

• 2026-06-17 Pending — MLSNOW
• 2026-06-08 Price Changed $119,900 MLSNOW
• 2026-04-27 Listed $129,900 MLSNOW
• 2026-04-10 Listing Removed — MLSNOW
• 2026-04-09 Listed $129,900 MLSNOW
• 2022-07-11 Pending — MLSNOW
• 2022-07-08 Sold (Public Records) $131,400 Public Records
• 2022-07-08 Sold (MLS) $131,400 MLSNOW
• 2022-06-07 Contingent — MLSNOW
• 2022-05-06 Listed $129,900 MLSNOW
• 1992-08-19 Sold (Public Records) $47,900 Public Records
• 1992-06-04 Listed $49,900 MLSNOW

Property tax history

+8.5%/yr

Latest (2025): $2,733 · -3.4% YoY. Source: county tax records.