3630 Fenley Rd · Cleveland Heights, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 2/10 · Minimal
- Hot days now (above 95°F)
- 6 days/yr
- Hot days in 30 yrs
- 13 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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 +8.6/30.0
- ARV discount +5.8/15.0
- Livability +4.5/5.0
- Rent growth +4.2/5.0
- 1% rule +3.2/10.0
- Schools +2.8/10.0
- Condition / age +2.5/5.0
- DSCR +2.4/10.0
- Appreciation +0.0/10.0
$229,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
Key facts
- Quartz countertop
- New kitchen
- New flooring
Tags
Property features AI
Exterior
- Parking: Attached 2-car garage
- Utilities: Public water; Public sewer
- Home design: Two stories
- Construction: Aluminum siding; Asphalt roof; Built (year per public records)
- Exterior features: Attached property; Public water; Public sewer
Interior
- Kitchen: Dishwasher; Microwave; Range; Refrigerator; Laminate flooring in kitchen
- Bedrooms: Second-floor bedrooms (three bedrooms total on second floor)
- Flooring: Laminate flooring throughout main rooms and bedrooms
- Bathrooms: One full bathroom; One half bathroom; One main-level bathroom
- Heating & cooling: Forced-air heating
- Interior features: Full finished basement; Basement laundry (washer/dryer area in basement); One fireplace
- Laundry & utility: Laundry located in the basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $230k.
Deal economics
- At list price, monthly cash flow is $-196 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $195k (15.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (18.3% below list).
- Recommended offer: $188k (18.3% below list) — sets the bar for 1% rule.
- Cap rate 5.3% vs local median 4.4% in Cleveland Heights — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 89/100 on livability (#12 in OH, #124 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+.
- Cleveland Heights-University Heights City (suburban): math 23% / reading 41% proficiency, ranked #568 of 656 in OH (top 87%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+6.8%/yr); 148 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $2k of loan paydown is wiped out by about $7k 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
- It's been on market 22 days — a 2% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 32y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $32k; list at $230k implies a 610% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- 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?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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.
- 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.
- 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
- 0.82% ✗
- Cap rate
- 5.27%
- Cash-on-cash
- -3.66%
- DSCR
- 0.84
- GRM
- 10.2
CMA / ARV
- ARV (on-the-fly)
- $221,400
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 693 Quilliams Rd | 0.18mi | 3/1.5 | 1,856 (+3%) | 0mo | $220,000 | $119 | 86 |
| 565 Quilliams Rd | 0.26mi | 3/1.5 | 1,718 (-5%) | 4mo | $238,900 | $139 | 77 |
| 3757 Princeton Blvd | 0.27mi | 3/1.5 | 1,704 (-5%) | 5mo | $210,000 | $123 | 75 |
| 3663 Mount Laurel Rd | 0.15mi | 4/2.0 (+1) | 1,674 (-7%) | 8mo | $242,000 | $145 | 68 |
| 4019 Princeton Blvd | 0.58mi | 3/1.5 | 1,746 (-3%) | 1mo | $215,000 | $123 | 67 |
| 3511 Randolph Rd | 0.27mi | 3/1.5 | 1,974 (+10%) | 7mo | $215,000 | $109 | 66 |
| 3927 Princeton Blvd | 0.46mi | 3/1.5 | 1,888 (+5%) | 6mo | $178,000 | $94 | 65 |
| 1031 Pennfield Rd | 0.69mi | 4/1.5 (+1) | 1,727 (-4%) | 1mo | $212,000 | $123 | 55 |
| 955 Montford Rd | 0.75mi | 3/2.5 | 1,775 (-1%) | 7mo | $235,000 | $132 | 53 |
| 4002 Lancaster Rd | 0.70mi | 3/2.5 | 1,709 (-5%) | 3mo | $258,000 | $151 | 52 |
| 979 Oxford Rd | 0.65mi | 4/2.0 (+1) | 1,640 (-9%) | 1mo | $178,000 | $109 | 47 |
| 952 Oxford Rd | 0.59mi | 4/2.0 (+1) | 1,560 (-13%) | 2mo | $180,000 | $115 | 42 |
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 · 6.85% rent growth · sell at horizon
- IRR
- -17.9%
- Equity multiple
- 0.35×
- Total profit
- $-42,109
- Equity at exit
- $34,279
- IRR
- -3.7%
- Equity multiple
- 0.71×
- Total profit
- $-18,829
- Equity at exit
- $19,878
Cash invested: $64,372 (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
ZIP-level market 44121
- Rents YoY
- 6.8%
- Active inventory
- 148
- Price-to-rent
- 10.2×
Monthly cashflow live
- Estimated rent
- $1,879 high interval (Pro) →
- Mortgage (P&I)
- −$1,206
- Tax from tax record
- −$380 /mo · $4,554/yr
- Insurance
- −$96
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$395
- Net cashflow
- $-196
Break-even live
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
- $57,475
- Closing costs
- $6,897
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 26 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3802 Princeton Blvd Cleveland, OH | 3.0 | 1.5 | 1656 | $2,275 | $1.37 | 1d | 1 | 0.30mi |
| 821 Nela View Rd Cleveland, OH | 4.0 | 2.5 | 2178 | $2,100 | $0.96 | 7d | 1 | 0.53mi |
| 994 Yellowstone Rd Cleveland, OH | 3.0 | 2.0 | 1475 | $1,395 | $0.95 | 2d | 1 | 0.59mi |
| 963 Selwyn Rd Cleveland, OH | 4.0 | 1.0 | 1300 | $2,650 | $2.04 | 1d | 1 | 0.67mi |
| 1007 Elbon Rd Cleveland, OH | 3.0 | 1.0 | 1386 | $1,400 | $1.01 | 10d | 1 | 0.67mi |
| 915 Nela View Rd Cleveland, OH | 4.0 | 1.0 | 1300 | $2,600 | $2.00 | 16d | 1 | 0.70mi |
| 3430 Winsford Rd Cleveland, OH | 4.0 | 1.5 | 1800 | $1,590 | $0.88 | 16d | 1 | 0.72mi |
| 1035 Elbon Rd Cleveland, OH | 4.0 | 1.5 | 1304 | $1,675 | $1.28 | 16d | 1 | 0.73mi |
| 876 Eloise Dr Unit Upper Cleveland Heights, OH | 2.0 | 1.0 | 1233 | $1,200 | $0.97 | 16d | 1 | 0.74mi |
| 983 Greyton Rd Cleveland, OH | 3.0 | 2.0 | 1457 | $1,495 | $1.03 | 16d | 1 | 0.78mi |
| 1099 Woodview Rd Cleveland, OH | 4.0 | 1.0 | 1500 | $2,500 | $1.67 | 1d | 1 | 0.85mi |
| 303 S Green Rd Cleveland, OH | 4.0 | 2.0 | 1381 | $1,700 | $1.23 | 1d | 1 | 0.87mi |
| 16000 Terrace Rd Cleveland, OH | 1.0–3.0 | 1.0–2.0 | 1000 | $1,210 | $1.21 | 1d | 39 | 0.89mi |
| 1082 Hillstone Rd Cleveland, OH | 3.0 | 2.0 | 2376 | $1,695 | $0.71 | 23d | 1 | 0.95mi |
| 910 Dresden Rd Cleveland, OH | 4.0 | 2.0 | 1839 | $1,800 | $0.98 | 16d | 1 | 0.95mi |
| 1082 Hillstone Rd Unit 1 Cleveland Heights, OH | 3.0 | 1.5 | 2376 | $1,695 | $0.71 | 23d | 1 | 0.95mi |
| 3406 Henderson Rd Cleveland, OH | 4.0 | 1.5 | 1343 | $2,250 | $1.68 | 16d | 1 | 0.99mi |
| 3337 Sylvanhurst Rd Cleveland, OH | 3.0 | 1.0 | 1334 | $1,800 | $1.35 | 7d | 1 | 1.01mi |
| 3917 Bluestone Rd Cleveland, OH | 4.0 | 1.5 | 1700 | $1,650 | $0.97 | 21d | 1 | 1.03mi |
| 3808 Kirkwood Rd Cleveland, OH | 4.0 | 1.5 | 1740 | $2,150 | $1.24 | 14d | 1 | 1.15mi |
| 2401 N Taylor Rd Cleveland, OH | 3.0 | 1.0 | 1347 | $1,325 | $0.98 | 7d | 1 | 1.21mi |
| 15801 Hazel Rd Cleveland, OH | 3.0 | 1.5 | 1908 | $1,550 | $0.81 | 16d | 1 | 1.27mi |
| 3810 Parkdale Rd Cleveland, OH | 3.0 | 1.5 | 1281 | $2,067 | $1.61 | 2d | 1 | 1.28mi |
| 963 Chelston Rd Cleveland, OH | 4.0 | 2.0 | 1974 | $1,950 | $0.99 | 43d | 1 | 1.33mi |
| 25 Trenton Sq Unit T54 Cleveland, OH | 3.0 | 2.0 | 1324 | $1,500 | $1.13 | 16d | 1 | 1.33mi |
| 1286 E 152nd St Cleveland, OH | 2.0 | 1.0 | 1638 | $1,095 | $0.67 | 43d | 1 | 1.39mi |
Listing history 31 events
-
2026-05-31status $229,900 Pending 22 DOM
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2026-05-18historical Contingent
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2026-05-14price $229,900
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2026-05-08$250,000 Active
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2020-11-04price $79,900 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
2020-11-04price $79,900 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
2020-11-04price $79,900 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
2020-11-04price $79,900 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
2020-08-25price $79,900 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
2014-03-21soldstatus $32,384 421-char remark
Show marketing remark (421 chars)
Great corner house. This four bedroom 1.5 bath colonial features a formal dining room, relaxing living room, has partially fin basement with wood burning fireplace and kit. or storage area with lots of cabinets. Third floor has potential for more living space to be added. Two car attached garage with breezeway. Buyer will be required to assume all city point of sale violations. Sale is subject to third party approval.
-
2014-02-12historical 421-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
2014-02-12price $79,900 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
2014-02-12price $79,900 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
2013-05-29$30,000 421-char remark
Show marketing remark (421 chars)
Great corner house. This four bedroom 1.5 bath colonial features a formal dining room, relaxing living room, has partially fin basement with wood burning fireplace and kit. or storage area with lots of cabinets. Third floor has potential for more living space to be added. Two car attached garage with breezeway. Buyer will be required to assume all city point of sale violations. Sale is subject to third party approval.
-
2001-05-15soldstatus $129,750 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
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2001-05-15soldstatus $129,800
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
2001-03-23$129,750 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
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1999-11-23historical
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1999-05-24$128,900
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1998-10-02price $129,750 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
1998-10-02price $129,750 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
1998-10-02price $129,750 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
1998-10-02price $129,750 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
1998-10-02price $129,750 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
1998-10-02price $129,750 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
-
1998-10-02price $129,750 297-char remark
Show marketing remark (297 chars)
This Lovely Williamsburg Col Offers Spacious Rooms And Many Amenities. Cozy Fireplaces, Updated Kitchen & Baths, Hardwd Flrs, Outstanding Lower Level Family Rm W/ Builtins And A Bar, Enclosed Airing Porch, Attached Garage, Playhouse, Fish Pond Situated On A Quiet Street. Ready For Occupant.
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1994-09-02soldstatus $128,300
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1994-09-02soldstatus $128,300
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1994-05-13$129,900
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1988-09-23soldstatus $89,900
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1988-09-23soldstatus $89,900
ⓘ 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
- $4,554 · $380/mo
- Projected year-2 tax
- $4,554 · $380/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 2/10 Low 6 d/yr ≥95°F today · 13 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,551
- − Mortgage interest
- −$12,878
- − Property taxes
- −$4,554
- − Insurance
- −$1,150
- − Repairs & maintenance
- −$1,804
- − Management
- −$1,804
- − Depreciation
- −$6,688
- Taxable loss
- −$6,326
- Est. tax savings @ 24.0%
- +$1,518
- After-tax cash flow
- $-837/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
- Cleveland Heights-University Heights City
- NCES district ID
- 3904379
- Math proficiency
- 23% ▼ -22.00%
- Reading proficiency
- 41% ▼ -12.00%
- Median HH income
- $53,451
- Composite
- 28.12/100
- National rank
- #6822
- State rank
- #568 of 656 in OH
Livability — Cleveland Heights
- Score
- 89/100
- State rank
- #12
- US rank
- #124
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Cleveland Heights, OH
- County
- Cuyahoga County · 1,090,369 people
- City population
- 32,312
- Metro
- Cleveland-Elyria, OH
- Population (ZIP)
- 32,312
- Household income
- $76,767
- Rent vs Own
- Severe rent burden
- 672.0
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
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- Black 55% White 36% Two or more races 4% Hispanic / Latino 3% Asian 2%
- Common ancestry
- Romanian 3% Italian 2% Scotch-Irish 2%
- Foreign-born
- 5% · Canada, China, India
- Languages at home
- 92% English-only · Spanish 2% Chinese 1% Other Indo-European 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
- ▼ -180.15%
- Current HPI
- 173.7405
- Rent YoY
- ▲ 6.85%
- 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 |
|
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Price history
+155.7% since first listed30 events — show timeline
- 2026-05-18 Contingent — MLSNOW
- 2026-05-14 Price Changed $229,900 MLSNOW
- 2026-05-08 Listed $250,000 MLSNOW
- 2020-11-04 Price Changed $79,900 MLSNOW
- 2020-11-04 Price Changed $79,900 MLSNOW
- 2020-11-04 Price Changed $79,900 MLSNOW
- 2020-11-04 Price Changed $79,900 MLSNOW
- 2020-08-25 Price Changed $79,900 MLSNOW
- 2014-03-21 Sold (MLS) $32,384 MLSNOW
- 2014-02-12 Listing Removed — MLSNOW
- 2014-02-12 Price Changed $79,900 MLSNOW
- 2014-02-12 Price Changed $79,900 MLSNOW
- 2013-05-29 Listed $30,000 MLSNOW
- 2001-05-15 Sold (Public Records) $129,800 Public Records
- 2001-05-15 Sold (MLS) $129,750 MLSNOW
- 2001-03-23 Listed $129,750 MLSNOW
- 1999-11-23 Listing Removed — MLSNOW
- 1999-05-24 Listed $128,900 MLSNOW
- 1998-10-02 Price Changed $129,750 MLSNOW
- 1998-10-02 Price Changed $129,750 MLSNOW
- 1998-10-02 Price Changed $129,750 MLSNOW
- 1998-10-02 Price Changed $129,750 MLSNOW
- 1998-10-02 Price Changed $129,750 MLSNOW
- 1998-10-02 Price Changed $129,750 MLSNOW
- 1998-10-02 Price Changed $129,750 MLSNOW
- 1994-09-02 Sold (Public Records) $128,300 Public Records
- 1994-09-02 Sold (MLS) $128,300 MLSNOW
- 1994-05-13 Listed $129,900 MLSNOW
- 1988-09-23 Sold (Public Records) $89,900 Public Records
- 1988-09-23 Sold (Public Records) $89,900 Public Records
Property tax history
+12.5%/yrLatest (2025): $4,554 · -21.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…