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Ohio 3 Property Package
Ohio 3 Property Package
Akron, Ohio 44117
About
Two-property package located in Ohio. The first property is a single-family home at 1321 Allendale Ave, Akron, Ohio, featuring 3 bedrooms, 1 bathroom, and 1,050 sq ft, with updates including new paint and flooring (2019), a new garage and driveway concrete (2018), a new bathroom (2019), and a new roof (2017). The second property is a duplex at 1518 Dille Rd, Euclid, Ohio, consisting of two 2-bedroom, 1-bathroom units totaling 2,388 sq ft, with owner-paid utilities of approximately $140 per month for water and sewer and $400 per year for a rental license. The lower unit is leased at $795 per month from 12/01/2024 to 11/30/2025, and the upper unit is leased at $1,000 per month from 04/01/2024 to 03/31/2025. The package includes a first-position mortgage and promissory note for $50,000 at a 7% interest rate amortized over 30 years with a 5-year balloon, secured by a personal guarantee and collateral at 1258 Lily St, Akron, Ohio.
Property Management Agreement: Ohio 3 Property Package, Akron, Ohio 44117
S&P Lending Protocol: [Live Worksheet]https://docs.google.com/spreadsheets/d/1bTeB7ot2RhkHhEVz3NW7nMtGAl1qF-9dt_xD7euCV3Q/edit?usp=sharing)
Property Management
S&P Property Management, LLC
Founded in October 2025, S&P Property Management, LLC is a member-managed PM business run by discord users "LaPlebDeLaPleb" & "The Scout". LaPlebDeLaPleb and The Scout bring a combined 13 years of experience investing in capital markets and 6 years of active engagement within the Lofty ecosystem. Their complementary expertise spans professional lending, financial consulting, the design and delivery of online courses and workshops, hospitality operations, and logistics management.
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
Governance Results for Ohio 3 Property Package:
The Governance Voting results are back for the owner proposed vote.
The winning vote is:
Yes -- We want our money back route
This voting option received 1,916 / 1,920 votes which is equal to 99% of the total votes.
The voting results can be found on chain here or by searching the application ID: 3671331468
Investor Reviews
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Share price
Ohio 3 Property Package
Akron, Ohio 44117
About
Two-property package located in Ohio. The first property is a single-family home at 1321 Allendale Ave, Akron, Ohio, featuring 3 bedrooms, 1 bathroom, and 1,050 sq ft, with updates including new paint and flooring (2019), a new garage and driveway concrete (2018), a new bathroom (2019), and a new roof (2017). The second property is a duplex at 1518 Dille Rd, Euclid, Ohio, consisting of two 2-bedroom, 1-bathroom units totaling 2,388 sq ft, with owner-paid utilities of approximately $140 per month for water and sewer and $400 per year for a rental license. The lower unit is leased at $795 per month from 12/01/2024 to 11/30/2025, and the upper unit is leased at $1,000 per month from 04/01/2024 to 03/31/2025. The package includes a first-position mortgage and promissory note for $50,000 at a 7% interest rate amortized over 30 years with a 5-year balloon, secured by a personal guarantee and collateral at 1258 Lily St, Akron, Ohio.
Property Management Agreement: Ohio 3 Property Package, Akron, Ohio 44117
S&P Lending Protocol: [Live Worksheet]https://docs.google.com/spreadsheets/d/1bTeB7ot2RhkHhEVz3NW7nMtGAl1qF-9dt_xD7euCV3Q/edit?usp=sharing)
Property Management
S&P Property Management, LLC
Founded in October 2025, S&P Property Management, LLC is a member-managed PM business run by discord users "LaPlebDeLaPleb" & "The Scout". LaPlebDeLaPleb and The Scout bring a combined 13 years of experience investing in capital markets and 6 years of active engagement within the Lofty ecosystem. Their complementary expertise spans professional lending, financial consulting, the design and delivery of online courses and workshops, hospitality operations, and logistics management.
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
Governance Results for Ohio 3 Property Package:
The Governance Voting results are back for the owner proposed vote.
The winning vote is:
Yes -- We want our money back route
This voting option received 1,916 / 1,920 votes which is equal to 99% of the total votes.
The voting results can be found on chain here or by searching the application ID: 3671331468
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.