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254 Bowmanville St, Akron, photo 1
254 Bowmanville St, Akron, photo 2
254 Bowmanville St, Akron, photo 3
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254 Bowmanville St

254 Bowmanville St

Akron, Ohio 44305

Single FamilyCash FlowingNo Mortgage
Share price$18.50
Avg yield10.52%
Current yield10.52%
CommunityDiscuss this property with investors and the property manager

About

Property originally listed for sale on the marketplace by Akron Dream Homes LLC. SOLD 7/25/25, it is now purely a Lending DAO owning shares of EARLDAO held in this wallet.


  • DAO Financial Summary as of August 11, 2025 (subject to change pending final accounting by Lofty):
  • Sale Price: $60,000
  • Back Taxes, Commissions, Closing Costs: $8,269.84
  • Gruzmarg Invoice PAID: $13,500, negotiated down to $5,500 by ECO Systems ($8,000 savings).
  • Balance PAID to HRG: $3496.03
  • Balance PAID to Northsight Management ℅ HRG: $458.75
  • Balance PAID to ULD: $229.86
  • Balance PAID to Obie Insurance: $462.54 ($74.60 overpayment refund due)
  • DAO Assets Wallet: 824 EARLDAO shares @ $50/share = $41,200 @ 12% APY
  • Balance Owed to Yhome: 135 EARLDAO shares @ $50/share = ($6,750)
  • DAO Net Cash: $32.43
  • Estimated NAV: $16.36/share
  • Monthly Cash Flow: $412.00

Archived Description: Single Family Home located in Akron, Ohio.

Details

  • Renovated in April, 2022. Renovations include: New hot water tank, newer furnace, new siding, new kitchen with tile backsplash, new bathroom and tile, new carpet, new vinyl plank flooring, and fresh paint throughout.
  • Located on a 5,837 sq ft lot
  • Central AC

Property Management and Insurance

Occupancy Status

  • SOLD

Location Data

  • 2/5 Neighborhood Rating on Roofstock
  • "B-" Rating for Zip Code on Niche

Due Diligence Documents

Property Management

ECO Systems LLC

ECO Systems LLC is a property management company specializing in residential rental properties across the Midwest and East Coast. With a diverse portfolio spanning Ohio, Illinois, New York, and Florida, ECO Systems focuses on hands-on property management, tenant relations, and maximizing returns for co-owners. The team manages properties ranging from single-family homes to small multifamily buildings, with a particular focus on affordable housing markets with strong rental demand.

About this offering

Total Property Value$105,272.89
Equity
$103,713
Debt
None
Closing Costs$960
LLC Formation$600
Operating Reserve
$0

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

UpdateMay 19, 2026
  • OR deficit of -$7003.30 was paid to Lofty.

  • EARLDAO equity reduced to $34,200 (684 shares).

  • Interest payments reduced to $342 starting June 1st, 2026.

  • Please refer any questions regarding OR balance to support@lofty.ai

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Share price

$18.5010.52% yield