168 Henry St · Bedford, OH 44146

$205,000

2 bd · 1.0 ba · 1,200 sqft · SingleFamily public records · 12 Days on market

Built 1952 8,184 sqft lot $171/sqft · 28% above area Est $160k · 28% over

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Why this score? — see what drove the F 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 +5.3/30.0
• Rent growth +4.0/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• 1% rule +1.2/10.0
• DSCR +0.0/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great opportunity to own this Bedford Beauty! 168 Henry Street is a TOTALLY renovated 4 Bedroom Bungalow and the seller has left nothing for you to do, but move in. .. The first floor offers a beautiful updated eat-in kitchen w/ stainless steel appliances, a nice sized living room, 2 bedrooms and an updated bathroom. The second floor offers 2 newly completed/finished spacious bedrooms w/ new carpet. The lower level is partially finished and have 2 separate finished areas w/ new carpet, ready for entertaining and/or gaming. In addition, for your convenience, there is a brand new bath w/ a stand-up shower in the basement. The mechanicals are new/ updated, including a new furnace and central air, hot water tank, updated electrical, new vinyl windows, the roof was replaced and more!!! The new owner will also get an One-Year America's Preferred Home Warranty! You do not want to miss out on this one, schedule your showing today!!!

Key facts

• Modern kitchen
• 8,184 sq ft lot
• Garage

Tags

• MODERN KITCHEN
• SPACIOUS LIVING AREAS
• PARTIALLY FINISHED BASEMENT

Property features AI

Finance

• Financial info: Annual tax amount available

Exterior

• Parking: Driveway; Garage; 1-car garage
• Utilities: Public water; Public sewer
• Home design: 2-story home; Home warranty included
• Construction: Built per public records; Aluminum and vinyl siding; Asphalt shingle roof; Below-grade finished area (finished lower level) of 800; Above-grade finished area (main living area) of 1,200
• Exterior features: Public water; Public sewer

Interior

• Bedrooms: 2 main-level bedrooms
• Bathrooms: 2 full bathrooms; 1 main-level bathroom
• Heating & cooling: Forced air heating; Has heating
• Interior features: Partially finished basement; 6 total rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $-452 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $125k (39.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $126k (38.3% below list).
• Recommended offer: $125k (39.0% below list) — sets the bar for cash-flow.
• Cap rate 3.6% vs local median 5.3% in Bedford — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 73/100 on livability (#324 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment D-.
• Bedford City (suburban): math 19% / reading 32% proficiency, ranked #597 of 656 in OH (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Glendale Primary School (math 24% / reading 27%, grade F, #1,211 of 1,584 statewide, top 76%, 291 students, 66% FRL); Heskett Middle School (math 21% / reading 27%, grade F, #593 of 654 statewide, top 91%, 573 students, 69% FRL); Bedford High School (math 12% / reading 52%, grade F, #607 of 781 statewide, top 78%, 862 students, 69% FRL).
• Market conditions: Rents rising fast (+5.8%/yr); 107 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Cuyahoga County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $111k; list at $205k implies a 85% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $125,121 (39.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1952 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.62% ✗
• Cap rate: 3.65%
• Cash-on-cash: -9.45%
• DSCR: 0.58
• GRM: 13.5

CMA / ARV

• ARV (median comp): $160,473
• List price: $205,000
• Delta: 27.75%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
161 Forbes Rd	0.16mi	2/1.0	1,080 (-10%)	1mo	$109,900	$102	75
141 Best St	0.10mi	3/1.5 (+1)	1,280 (+7%)	3mo	$163,000	$127	74
152 Paul St	0.20mi	3/1.0 (+1)	1,248 (+4%)	10mo	$187,000	$150	70
1334 Broadway Ave	0.09mi	3/1.5 (+1)	1,122 (-6%)	10mo	$154,000	$137	69
137 Henry St	0.05mi	3/1.0 (+1)	1,122 (-6%)	19mo	$145,300	$130	66
51 Forbes Rd	0.24mi	2/1.0	1,318 (+10%)	14mo	$95,000	$72	60
171 Best St	0.10mi	3/2.0 (+1)	1,056 (-12%)	9mo	$155,590	$147	59
1333 Caryl Dr	0.18mi	3/2.0 (+1)	1,296 (+8%)	13mo	$199,900	$154	58
33 William St	0.25mi	3/1.5 (+1)	1,376 (+15%)	1mo	$225,000	$164	56
57 Forbes Rd	0.24mi	3/1.5 (+1)	1,088 (-9%)	16mo	$143,000	$131	53
22 Best St	0.28mi	3/2.5 (+1)	1,080 (-10%)	10mo	$106,000	$98	51
378 Union St	0.31mi	3/2.0 (+1)	1,050 (-12%)	6mo	$225,000	$214	51

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 · 5.83% rent growth · sell at horizon

5-year hold

• IRR: -30.0%
• Equity multiple: -0.02×
• Total profit: $-58,278
• Equity at exit: $30,566

10-year hold

• IRR: -21.6%
• Equity multiple: -0.25×
• Total profit: $-71,575
• Equity at exit: $17,725

Cash invested: $57,400 (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 44146

• Rents YoY: 5.8%
• Active inventory: 107
• Price-to-rent: 13.5×

Monthly cashflow live

• Estimated rent: $1,264 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$290 /mo · $3,482/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$265
• Net cashflow: $-452

Break-even live

Break-even rent $1,836

Max offer price $125,121

Occupancy floor —

Sensitivity live

Price	-10% $-336	-5% $-394	+0% $-452	+5% $-510	+10% $-568
Rent	-10% $-552	-5% $-502	+0% $-452	+5% $-402	+10% $-352
Rate	-1.0pp $-349	-0.5pp $-400	base $-452	+0.5pp $-505	+1.0pp $-559

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
153 Henry St Bedford, OH	2.0	1.5	1176	$1,350	$1.15	12d	1	0.05mi
215 Dalepark Dr #4 Bedford, OH	2.0	1.0	896	$1,400	$1.56	19d	1	0.61mi
199 Dalepark Dr Bedford, OH	2.0	1.0	896	$1,300	$1.45	45d	1	0.64mi
204 Solon Rd Bedford, OH	2.0	1.0	900	$1,200	$1.33	5d	1	0.89mi
204 Solon Rd Apt 2 Bedford, OH	2.0	1.0	900	$1,200	$1.33	6d	1	0.89mi
200 Solon Rd Unit 3 Bedford, OH	2.0	1.0	850	$1,100	$1.29	6d	1	0.90mi
6699 Deer Ct Bedford, OH	3.0	1.5	1372	$1,800	$1.31	0d	1	1.23mi
681 Washington St Unit 1496061P Bedford, OH	3.0	1.0	1151	$3,518	$3.06	9d	1	1.41mi

Listing history 6 events

1. 2026-05-15
   listed $205,000 Active 430-char remark
2. 2017-09-12
   status Pending 938-char remark

   Show marketing remark (938 chars)

   Great opportunity to own this Bedford Beauty! 168 Henry Street is a TOTALLY renovated 4 Bedroom Bungalow and the seller has left nothing for you to do, but move in. .. The first floor offers a beautiful updated eat-in kitchen w/ stainless steel appliances, a nice sized living room, 2 bedrooms and an updated bathroom. The second floor offers 2 newly completed/finished spacious bedrooms w/ new carpet. The lower level is partially finished and have 2 separate finished areas w/ new carpet, ready for entertaining and/or gaming. In addition, for your convenience, there is a brand new bath w/ a stand-up shower in the basement. The mechanicals are new/ updated, including a new furnace and central air, hot water tank, updated electrical, new vinyl windows, the roof was replaced and more!!! The new owner will also get an One-Year America's Preferred Home Warranty! You do not want to miss out on this one, schedule your showing today!!!

3. 2017-09-12
   soldstatus $110,900 Sold 938-char remark

   Show marketing remark (938 chars)

   Great opportunity to own this Bedford Beauty! 168 Henry Street is a TOTALLY renovated 4 Bedroom Bungalow and the seller has left nothing for you to do, but move in. .. The first floor offers a beautiful updated eat-in kitchen w/ stainless steel appliances, a nice sized living room, 2 bedrooms and an updated bathroom. The second floor offers 2 newly completed/finished spacious bedrooms w/ new carpet. The lower level is partially finished and have 2 separate finished areas w/ new carpet, ready for entertaining and/or gaming. In addition, for your convenience, there is a brand new bath w/ a stand-up shower in the basement. The mechanicals are new/ updated, including a new furnace and central air, hot water tank, updated electrical, new vinyl windows, the roof was replaced and more!!! The new owner will also get an One-Year America's Preferred Home Warranty! You do not want to miss out on this one, schedule your showing today!!!

4. 2017-09-12
   soldstatus $110,900

   Show marketing remark (938 chars)

   Great opportunity to own this Bedford Beauty! 168 Henry Street is a TOTALLY renovated 4 Bedroom Bungalow and the seller has left nothing for you to do, but move in. .. The first floor offers a beautiful updated eat-in kitchen w/ stainless steel appliances, a nice sized living room, 2 bedrooms and an updated bathroom. The second floor offers 2 newly completed/finished spacious bedrooms w/ new carpet. The lower level is partially finished and have 2 separate finished areas w/ new carpet, ready for entertaining and/or gaming. In addition, for your convenience, there is a brand new bath w/ a stand-up shower in the basement. The mechanicals are new/ updated, including a new furnace and central air, hot water tank, updated electrical, new vinyl windows, the roof was replaced and more!!! The new owner will also get an One-Year America's Preferred Home Warranty! You do not want to miss out on this one, schedule your showing today!!!

5. 2017-08-04
   historical Contingent 938-char remark

   Show marketing remark (938 chars)

   Great opportunity to own this Bedford Beauty! 168 Henry Street is a TOTALLY renovated 4 Bedroom Bungalow and the seller has left nothing for you to do, but move in. .. The first floor offers a beautiful updated eat-in kitchen w/ stainless steel appliances, a nice sized living room, 2 bedrooms and an updated bathroom. The second floor offers 2 newly completed/finished spacious bedrooms w/ new carpet. The lower level is partially finished and have 2 separate finished areas w/ new carpet, ready for entertaining and/or gaming. In addition, for your convenience, there is a brand new bath w/ a stand-up shower in the basement. The mechanicals are new/ updated, including a new furnace and central air, hot water tank, updated electrical, new vinyl windows, the roof was replaced and more!!! The new owner will also get an One-Year America's Preferred Home Warranty! You do not want to miss out on this one, schedule your showing today!!!

6. 2017-07-29
   listed $109,900 Active 938-char remark

   Show marketing remark (938 chars)

   Great opportunity to own this Bedford Beauty! 168 Henry Street is a TOTALLY renovated 4 Bedroom Bungalow and the seller has left nothing for you to do, but move in. .. The first floor offers a beautiful updated eat-in kitchen w/ stainless steel appliances, a nice sized living room, 2 bedrooms and an updated bathroom. The second floor offers 2 newly completed/finished spacious bedrooms w/ new carpet. The lower level is partially finished and have 2 separate finished areas w/ new carpet, ready for entertaining and/or gaming. In addition, for your convenience, there is a brand new bath w/ a stand-up shower in the basement. The mechanicals are new/ updated, including a new furnace and central air, hot water tank, updated electrical, new vinyl windows, the roof was replaced and more!!! The new owner will also get an One-Year America's Preferred Home Warranty! You do not want to miss out on this one, schedule your showing today!!!

ⓘ 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: $3,482 · $290/mo
• Projected year-2 tax: $3,482 · $290/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 ≥94°F today · 17 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: $15,166
• − Mortgage interest: −$11,483
• − Property taxes: −$3,482
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,213
• − Management: −$1,213
• − Depreciation: −$5,964
• Taxable loss: −$9,214
• Est. tax savings @ 24.0%: +$2,211
• After-tax cash flow: $-3,215/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: Bedford City
• NCES district ID: 3910017
• Math proficiency: 19% ▼ -23.00%
• Reading proficiency: 32% ▼ -16.00%
• Median HH income: $42,353
• Composite: 21.69/100
• National rank: #8273
• State rank: #597 of 656 in OH

Livability — Bedford

• Score: 73/100
• State rank: #324
• US rank: #5334

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D- Housing A+ Health & safety B User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bedford, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 29,349
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 29,349
• Household income: $54,925
• Rent vs Own: 42.9% rent · 57.1% own
• Severe rent burden: 1314.0

Population outlook (Cuyahoga County) Hauer SSP2

• Today (2025): 1,244,621 people
• By 2030: 1,230,093 · -1.2%
• By 2040: 1,189,108 · -4.5%
• By 2050: 1,145,706 · -7.9%
• By 2075: 1,076,557 · -13.5%
• By 2100: 978,987 · -21.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (59%)
• Race & ethnicity: Black 59% White 33% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 5% Serbian 1% Armenian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% Arabic 1%

Political lean MEDSL · Cuyahoga

• 2024 margin: Solid D (+31.5) · D 65.4% · R 33.9%
• 2008→2024 swing: -7.4pp toward R · 2008: 38.9pp · 2024: 31.5pp
• All cycles: 2024: D+31.5 2020: D+34.1 2016: D+35.0 2012: D+38.7 2008: D+38.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -114.08%
• Current HPI: 172.9421
• Rent YoY: ▲ 5.83%
• Metro: Cleveland-Elyria, 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

+86.5% since first listed

6 events — show timeline

• 2026-05-15 Listed $205,000 MLSNOW
• 2017-09-12 Pending — MLSNOW
• 2017-09-12 Sold (Public Records) $110,900 Public Records
• 2017-09-12 Sold (MLS) $110,900 MLSNOW
• 2017-08-04 Contingent — MLSNOW
• 2017-07-29 Listed $109,900 MLSNOW

Property tax history

+8.7%/yr

Latest (2025): $3,482 · +1.2% YoY. Source: county tax records.