For SaleRisky Deal6 days on market

555 W River View Dr

555 W River View Dr, Austinburg, OH 44010, Austinburg, OH 44010
$324,900

Listing Price

Property image 1
555 W River View Dr, Austinburg, OH 44010
Loc: Austinburg, OH
Days Listed
6
Tax Assessed
$179k
Lot Size
0.67 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Austinburg Elementary School

PK-5
2.2 mi away
6

Geneva High School

8-12
5.3 mi away
4

Geneva Middle School

4-8
5.4 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

waterfront propertytwo-story housetraditional residential architecturewood sidingbackyard deckgazebospacious yardriverfront locationlush landscapingmature treescozy aestheticoutdoor living spacerecreational docksecluded feel

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.16%
Total ROI
92.7%
Cash Flow
$-19/mo
DSCR
0.99
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-19/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.2%)
  • Strong rental demand in Austinburg
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Price change$324,900$229
2026-09-11Listed for sale$339,000$239
2022-08-15Sold$212,000$150
2022-06-24Pending sale$229,000$162
2022-06-24Contingent$229,000$162
2022-06-15Listed for sale$229,000$162
2020-08-14Sold$145,000$102
2020-06-27Pending sale$155,000$109
2020-06-25Listed for sale$155,000$109
2019-08-19Listing removed$145,000$102
2019-07-09Price change$145,000$102
2019-05-08Price change$150,000$106
2019-01-21Listed for sale$160,000$113
2015-11-03Sold$80,000$56
2015-10-17Pending sale$89,900$63
2015-08-25Price change$89,900$63
2015-06-27Price change$94,900$67
2015-04-27Listed for sale$97,500$69
2014-11-07Listing removed$110,000$78
2013-11-13Price change$110,000$78
2013-10-30Price change$111,500$79
2013-10-17Price change$113,000$80
2013-10-02Price change$114,500$81
2013-09-18Price change$116,000$82
2013-09-04Price change$117,500$83
2013-07-30Listed for sale$119,000$84

Tax History

YearProperty TaxTax Assessment
2024$2,613.64$62,690
2023$2,751.22$62,690
2022$2,093.86$44,070
2021$2,109.58$44,070
2020$2,109.74$44,070
2019$1,644.82$32,730
2018$1,553.72$32,730
2017$1,552.18$32,730
2016$1,446.32$30,070
2015$1,431.98$30,070
2014$1,390.16$30,070
2013$1,768.28$39,280
2012$1,718.4$39,280
2011$1,731.92$39,280
2010$1,674.74$39,560
2008$1,264.24$39,550
2007$1,029.92$33,110
2006$1,417.12$33,110
2005$1,464.24$33,110
2004$1,370.26$30,205
2003$1,369.52$30,205
2002$1,317.22$30,205
2001$866.9$22,155
2000$871.02$22,155
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,416
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 4b/2ba in Austinburg
+18% vs. list
$
$63,720
75% Rule
Maximum Allowable Offer (MAO)
$223,817

Calculated as (75% × $383,382) − $63,720

Asking Price is $101,083 (31.1%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $223,817 based on $63,720 in required updates.
Current Asking Price:$324,900
Estimated ARV:$383,382
Estimated Renovation:$63,720
All-In Capital Basis (MAO + Rehab):$287,537
Projected Equity Margin:+$95,845
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $324,900[Estimated] Rent: $2,599/mo[Estimated] Tax Rate: 1.57% (OH)[Estimated] Hazard Ins: $100/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.16%

NOI: $20,003/yr

Cash-on-Cash Yield
-0.3%

On $74,727 invested

DSCR Ratio
0.99x

Negative debt coverage

5-Yr Leveraged ROI
+92.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (1.57% of basis)-$234/mo
[Estimated]Homeowner / Hazard Insurance-$100/mo
[Defaulted]Vacancy Reserve (5% of rent)-$130/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$260/mo
[Defaulted]Property Management (8% of rent)-$208/mo
Total Pure Operating Expenses-$932/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,599/mo
Less: Operating Expenses-$932/mo
Net Operating Income (NOI)+$1,667/mo
Less: Debt Service (30yr @ 6.75%)-$1,686/mo
Net Cash Flow
$-19/mo
$-227/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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