1315 E 143rd St · East Cleveland, OH 44112

$57,000

3 bd · 1.0 ba · 1,348 sqft · SingleFamily public records · 8 Days on market

Built 1918 3,458 sqft lot Est $53k · 8% over ↓ 19% since listing

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Why this score? — see what drove the C+ 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.8/5.0
• ARV discount +3.7/15.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Attention investors! Super cash flow, great price! This turnkey investment property has an approximate ROI over 30% at list price! Rented for $750/mo. to a traditional tenant ( no government subsidy). This home has many updates such as updated electrical, remodeled kitchen and bath, modern furnace, glass block windows, ceiling fans. Other features include: formal dining room with built-in China cabinets, spacious front porch, fireplace in living room, full basement, driveway for off street parking. Not bank-owned or a short sale, investor owned for an easy transaction! 2 other nearby homes available as a package ( 1105 E 144th and 1331 E 143rd. )

Key facts

• Close to schools
• Quick access to i90
• Full basement

Tags

• FULL BASEMENT
• STRONG RENTAL POTENTIAL
• QUICK ACCESS TO I90
• QUICK ACCESS TO I271
• CLOSE TO AREA HOSPITALS
• CLOSE TO SCHOOLS

Property features AI

Exterior

• Parking: Driveway parking, on-site; no garage
• Utilities: Public water; Public sewer
• Home design: Two-story wood-sided home; Shingle/asphalt roof; About 1,348 above-grade finished area (per assessor)
• Construction: Wood siding construction; Asphalt shingle roof
• Exterior features: Concrete driveway; On-site parking (no garage); Lot dimensions approximately 38 x 91

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating; Ceiling fans for cooling
• Interior features: Unfinished basement; Total of 7 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $57k.

Deal economics

• At list price, monthly cash flow is $625 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $57k).

Location & tenants

• Location reads 66/100 on livability (#650 in OH) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: schools F, crime F, employment F.
• East Cleveland City School District (suburban): math 4% / reading 17% proficiency, ranked #652 of 656 in OH (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 92% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.2%/yr); 99 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• At $1,312/mo this rent would consume 55% of the median local household income ($29k/yr) (locally 1702% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $394 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 5.2% rent growth), your $16k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 21y 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.

Risks & watch-outs

• Watch-outs: built in 1918 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $57,000

Questions for the listing agent

1. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 2.30% ✓
• Cap rate: 19.46%
• Cash-on-cash: 47.02%
• DSCR: 3.09
• GRM: 3.6

CMA / ARV

• ARV (on-the-fly): $52,572
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1367 Shawview Ave	0.25mi	3/1.0	1,273 (-6%)	8mo	$22,000	$17	72
14629 Ardenall Ave	0.30mi	3/1.0	1,384 (+3%)	14mo	$59,000	$43	70
1227 E 135th St	0.36mi	3/1.0	1,312 (-3%)	15mo	$65,000	$50	66
14526 Orinoco Ave	0.37mi	3/1.0	1,462 (+8%)	3mo	$27,000	$18	66
1273 E 135th St	0.34mi	4/1.0 (+1)	1,256 (-7%)	3mo	$65,000	$52	65
13500 Claiborne Rd	0.56mi	3/1.0	1,297 (-4%)	5mo	$44,500	$34	63
1524 E 133rd St	0.58mi	3/1.0	1,232 (-9%)	6mo	$30,000	$24	54
1282 E 137th St	0.31mi	4/2.0 (+1)	1,440 (+7%)	16mo	$78,500	$55	52
14200 Scioto Ave	0.53mi	3/1.0	1,256 (-7%)	17mo	$48,500	$39	50
16007 Elderwood Ave	0.58mi	3/1.0	1,200 (-11%)	9mo	$30,000	$25	47
14205 Savannah Ave	0.37mi	3/1.5	1,160 (-14%)	17mo	$40,000	$34	43
13411 6th Ave	0.66mi	4/1.0 (+1)	1,468 (+9%)	9mo	$113,000	$77	41

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 · 5.16% rent growth · sell at horizon

5-year hold

• IRR: 46.9%
• Equity multiple: 3.10×
• Total profit: $33,536
• Equity at exit: $8,499

10-year hold

• IRR: 53.5%
• Equity multiple: 6.83×
• Total profit: $93,105
• Equity at exit: $4,928

Cash invested: $15,960 (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 44112

• Rents YoY: 5.2%
• Active inventory: 99
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $1,312 high
• Mortgage (P&I): −$299
• Tax from tax record: −$88 /mo · $1,062/yr
• Insurance: −$24
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $625

Break-even live

Break-even rent $520

Max offer price $57,000

Occupancy floor 47%

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: $14,250
• Closing costs: $1,710
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14813 Alder Ave Cleveland, OH	3.0	1.0	1188	$1,150	$0.97	23d	1	0.23mi
1286 E 152nd St Cleveland, OH	2.0	1.0	1638	$1,095	$0.67	43d	1	0.34mi
14205 Savannah Ave Cleveland, OH	3.0	1.0	1160	$1,350	$1.16	16d	1	0.40mi
15421 Plymouth Pl East Cleveland, OH	2.0	1.0	950	$972	$1.02	43d	1	0.42mi
1726 Taylor Rd East Cleveland, OH	2.0	1.0	900	$972	$1.08	43d	1	0.42mi
1459 E 134th St Unit up East Cleveland, OH	2.0	1.0	1150	$850	$0.74	10d	1	0.46mi
13900 Potomac Ave Cleveland, OH	3.0	1.0	1172	$1,355	$1.16	23d	1	0.49mi
14005 Scioto Ave Cleveland, OH	3.0	1.0	1056	$1,570	$1.49	16d	1	0.54mi
14312 Scioto Ave Cleveland, OH	3.0	1.0	1090	$1,300	$1.19	4d	1	0.55mi
14200 Scioto Ave Cleveland, OH	3.0	1.0	1256	$1,350	$1.07	16d	1	0.56mi
14009 Mayfair Ave Unit 2 East Cleveland, OH	4.0	2.0	1144	$1,390	$1.22	43d	1	0.59mi
12819 Edmonton Ave Cleveland, OH	4.0	1.0	1423	$1,795	$1.26	16d	1	0.79mi
16000 Terrace Rd Cleveland, OH	1.0–3.0	1.0–2.0	1000	$1,210	$1.21	1d	39	0.84mi
910 Dresden Rd Cleveland, OH	4.0	2.0	1839	$1,800	$0.98	16d	1	1.04mi
876 Eloise Dr Unit Upper Cleveland Heights, OH	2.0	1.0	1233	$1,200	$0.97	16d	1	1.12mi
651 E 115th St Cleveland, OH	4.0	2.0	1550	$1,800	$1.16	21d	1	1.20mi
886 Helmsdale Rd Cleveland Heights, OH	2.0	1.0	1037	$995	$0.96	16d	1	1.23mi
915 Nela View Rd Cleveland, OH	4.0	1.0	1300	$2,600	$2.00	16d	1	1.31mi
983 Greyton Rd Cleveland, OH	3.0	2.0	1457	$1,495	$1.03	16d	1	1.39mi
953 Whitby Rd Cleveland, OH	3.0	2.0	1188	$1,575	$1.33	23d	1	1.43mi
14120 Superior Ave Unit 1 East Cleveland, OH	3.0	1.0	1400	$1,350	$0.96	10d	1	1.43mi
14120 Superior Ave Unit 4 East Cleveland, OH	3.0	1.0	1408	$1,350	$0.96	43d	1	1.43mi
3337 Sylvanhurst Rd Cleveland, OH	3.0	1.0	1334	$1,800	$1.35	7d	1	1.46mi
963 Selwyn Rd Cleveland, OH	4.0	1.0	1300	$2,650	$2.04	1d	1	1.49mi
3430 Winsford Rd Cleveland, OH	4.0	1.5	1800	$1,590	$0.88	16d	1	1.49mi
967 Selwyn Rd Cleveland, OH	3.0	1.5	1214	$1,595	$1.31	16d	1	1.49mi

Listing history 7 events

1. 2026-06-13
   statusdays on market $57,000 Pending 8 DOM
2. 2026-06-09
   days on market $57,000 Active 7 DOM
3. 2026-06-08
   days on market $57,000 Active 6 DOM
4. 2026-06-07
   days on market $57,000 Active 5 DOM
5. 2026-06-05
   days on market $57,000 Active 2 DOM
6. 2026-06-02
   remarks 699-char remark
7. 2026-06-02
   listed $57,000 Active 1 DOM

ⓘ 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: $1,062 · $88/mo
• Projected year-2 tax: $1,062 · $88/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 ≥95°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,744
• − Mortgage interest: −$3,193
• − Property taxes: −$1,062
• − Insurance: −$285
• − Repairs & maintenance: −$1,260
• − Management: −$1,260
• − Depreciation: −$1,658
• Taxable income: $7,027
• Est. tax owed @ 24.0%: −$1,687
• After-tax cash flow: $5,818/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: East Cleveland City School District
• NCES district ID: 3904390
• Math proficiency: 4% ▼ -16.00%
• Reading proficiency: 17% ▼ -13.00%
• Median HH income: $22,726
• Composite: 7.38/100
• National rank: #9954
• State rank: #652 of 656 in OH

Livability — East Cleveland

• Score: 66/100
• State rank: #650
• US rank: #11510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Cleveland, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 17,848
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 17,848
• Household income: $28,799
• Rent vs Own: 54.9% rent · 45.1% own
• Severe rent burden: 1702.0

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: Predominantly Black (89%)
• Race & ethnicity: Black 89% White 7% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Lithuanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · French/Haitian/Cajun 3% Spanish 2% Russian/Polish/Slavic 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: ▼ -115.61%
• Current HPI: 67.2162
• Rent YoY: ▲ 5.16%
• 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

-18.6% since first listed

14 events — show timeline

• 2026-05-31 Listed $57,000 MLSNOW
• 2021-02-26 Sold (Public Records) $59,900 Public Records
• 2015-01-08 Sold (MLS) $15,000 MLSNOW
• 2014-12-01 Listing Removed — MLSNOW
• 2014-10-12 Listed $20,000 MLSNOW
• 2014-09-19 Listing Removed — MLSNOW
• 2014-04-29 Listed $20,000 MLSNOW
• 2008-03-31 Sold (MLS) $7,500 MLSNOW
• 2008-02-12 Listed $9,900 MLSNOW
• 2005-07-15 Listing Removed — MLSNOW
• 2005-07-15 Listing Removed — MLSNOW
• 2005-03-15 Listed $85,000 MLSNOW
• 2005-01-18 Listed $75,000 MLSNOW
• 2001-08-09 Sold (Public Records) $70,000 Public Records

Property tax history

-1.8%/yr

Latest (2025): $1,062 · +0.0% YoY. Source: county tax records.