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1090 Diagonal Rd
1090 Diagonal Rd
Akron, Ohio 44320
About
Property originally listed for sale on the marketplace by Simbala, LLC.
Click here to learn more about how third parties sell their properties on the Lofty Marketplace.
Updated as of 5/15/2025::
Per the terms of the Property Manager's Profit First System, when a property is onboarded to Yhome Nursing LLC, owners start receiving 1/12 of the monthly cash flow as daily rent.
After 90 days of management, during which an inspection is conducted and tenant payment reliability is assessed, owners can vote on the cash flow distribution for the next quarter, also paid as daily rent. Yhome will suggest an amount to set aside for routine maintenance and repairs to ensure property stability. This voting process occurs quarterly. Yhome may also recommend alternative options for the property based on their analysis, such as selling the property or refinancing, which will be subject to a governance vote.
This property has an unpaid bill balance of $6,163.
Single Family Home located in Akron, Ohio.
Details
- Renovated in 2020
- New kitchen, new bathroom, interior painted, and new flooring
- Located just over a mile from the University of Akron
Property Management and Insurance
- Managed by Yhome Nursing LLC
- Property Management Agreement
- Insurance Policy through Obie Insurance
Occupancy Status
- 1 year lease (12/13/2024 - 12/12/2025)
- $995/month
- $995 Security Deposit
- The property manager charges a leasing commission of first month's rent, which will be deducted from December's rent.
- Lease Agreement
Location Data
Due Diligence Documents
Property Management
Property Manager
Property manager details coming soon.
Due Diligence Documents
About this offering
The Market
Akron, Ohio
Akron offers some of the most affordable homeownership in Northeast Ohio without giving up big-city amenities. Major employers like Goodyear, Summa Health, Cleveland Clinic Akron General, and the University of Akron anchor the local job base, and I-76 and I-77 put Cleveland and Canton within an easy drive. Cuyahoga Valley National Park and the Towpath Trail sit just north of the city, giving residents miles of trails and green space close to home.
Property Updates
Cross-check against
Yhome Transition Reconciliation.xlsxshows 1090 Diagonal Rd, Akron, OH 44320 flagged as YHOME (Sold).Current reconciliation status: DAO owes Aligned.
Closing proceeds paid to Yhome: $86,750.84.
Yhome total due to DAO: $78,876.78.
Public DESCRIPTION.md and DETAILS.md refreshed to reflect sold status.
Investor Reviews
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Share price
1090 Diagonal Rd
Akron, Ohio 44320
About
Property originally listed for sale on the marketplace by Simbala, LLC.
Click here to learn more about how third parties sell their properties on the Lofty Marketplace.
Updated as of 5/15/2025::
Per the terms of the Property Manager's Profit First System, when a property is onboarded to Yhome Nursing LLC, owners start receiving 1/12 of the monthly cash flow as daily rent.
After 90 days of management, during which an inspection is conducted and tenant payment reliability is assessed, owners can vote on the cash flow distribution for the next quarter, also paid as daily rent. Yhome will suggest an amount to set aside for routine maintenance and repairs to ensure property stability. This voting process occurs quarterly. Yhome may also recommend alternative options for the property based on their analysis, such as selling the property or refinancing, which will be subject to a governance vote.
This property has an unpaid bill balance of $6,163.
Single Family Home located in Akron, Ohio.
Details
- Renovated in 2020
- New kitchen, new bathroom, interior painted, and new flooring
- Located just over a mile from the University of Akron
Property Management and Insurance
- Managed by Yhome Nursing LLC
- Property Management Agreement
- Insurance Policy through Obie Insurance
Occupancy Status
- 1 year lease (12/13/2024 - 12/12/2025)
- $995/month
- $995 Security Deposit
- The property manager charges a leasing commission of first month's rent, which will be deducted from December's rent.
- Lease Agreement
Location Data
Due Diligence Documents
Property Management
Property Manager
Property manager details coming soon.
Due Diligence Documents
Offering Details
The Market
Akron, Ohio
Akron offers some of the most affordable homeownership in Northeast Ohio without giving up big-city amenities. Major employers like Goodyear, Summa Health, Cleveland Clinic Akron General, and the University of Akron anchor the local job base, and I-76 and I-77 put Cleveland and Canton within an easy drive. Cuyahoga Valley National Park and the Towpath Trail sit just north of the city, giving residents miles of trails and green space close to home.
Property Updates
Cross-check against
Yhome Transition Reconciliation.xlsxshows 1090 Diagonal Rd, Akron, OH 44320 flagged as YHOME (Sold).Current reconciliation status: DAO owes Aligned.
Closing proceeds paid to Yhome: $86,750.84.
Yhome total due to DAO: $78,876.78.
Public DESCRIPTION.md and DETAILS.md refreshed to reflect sold status.
Investor Reviews
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Not paying rent right now
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Monthly Cash Flow
$0.00
Monthly Rent
$0.00
Monthly Expenses
$0.00
Paid to investors
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.