1371 Cranover Rd · Lyndhurst, OH 44124

$199,900

2 bd · 1.0 ba · 1,512 sqft · SingleFamily public records · 7 Days on market

Built 1951 7,052 sqft lot Est $218k · 8% under

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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 +18.9/30.0
• ARV discount +11.2/15.0
• DSCR +5.9/10.0
• 1% rule +5.8/10.0
• Livability +4.1/5.0
• Rent growth +3.6/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

Key facts

• Built-in cabinetry
• Spacious backyard
• Finished upper level

Tags

• FINISHED UPPER LEVEL
• PARTIALLY FINISHED BASEMENT
• BRICK PAVER PATIO
• SPACIOUS BACKYARD
• BUILT-IN SHELVING
• BUILT-IN CABINETRY

Property features AI

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Two-story home; Aluminum siding and brick exterior; Asphalt/fiberglass roof
• Construction: Built (year per public records); Brick and aluminum siding construction; Asphalt/fiberglass roof
• Exterior features: Patio; Lot approximately 50 x 141

Interior

• Kitchen: Range; Dishwasher; Refrigerator
• Bedrooms: Two main-level bedrooms; One second-level bedroom
• Bathrooms: One full bathroom; One half bathroom (main level)
• Heating & cooling: Forced-air heating (gas); Fireplace heating; Central air conditioning; Ceiling fans
• Interior features: Full, partially finished basement with sump pump; Living room fireplace
• Laundry & utility: Washer hookup; Electric dryer hookup in basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $204 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Cap rate 7.5% vs local median 5.5% in Lyndhurst — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 82/100 on livability (#76 in OH, #1,152 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, commute F.
• South Euclid-Lyndhurst City (suburban): math 23% / reading 45% proficiency, ranked #556 of 656 in OH (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Sunview Elementary School (math 57% / reading 47%, grade C-, #851 of 1,584 statewide, top 56%, 359 students, 36% FRL); Memorial Junior High School (math 19% / reading 45%, grade F, #559 of 654 statewide, top 87%, 497 students, 51% FRL); Brush High School (math 32% / reading 47%, grade F, #528 of 781 statewide, top 71%, 1,041 students, 44% FRL) — zoned schools at 44% FRL track the district average.
• Market conditions: Rents rising fast (+4.5%/yr); 179 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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).
• This rent runs 31% of the median local income ($82k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 26y 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 $109k; list at $200k implies a 83% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $199,900

Questions for the listing agent

1. Built in 1951 — 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 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?
4. 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.
5. 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.
6. 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: 1.08% ✓
• Cap rate: 7.52%
• Cash-on-cash: 4.38%
• DSCR: 1.19
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $217,728
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1371 Cranover Rd	0.00mi	3/1.5 (+1)	1,512 (0%)	1mo	$212,500	$141	92
4872 Oakland Dr	0.22mi	3/1.0 (+1)	1,550 (+2%)	2mo	$212,200	$137	79
1547 Richmond Rd	0.40mi	3/1.5 (+1)	1,526 (+1%)	1mo	$258,000	$169	72
5187 Mayview Rd	0.45mi	3/1.5 (+1)	1,522 (+1%)	2mo	$203,000	$133	69
1503 Sheridan Rd	0.60mi	3/1.5 (+1)	1,510 (-0%)	1mo	$237,500	$157	64
1524 Jaeger Dr	0.67mi	3/2.0 (+1)	1,488 (-2%)	2mo	$215,000	$144	55
5156 Thornbury Rd	0.42mi	3/2.5 (+1)	1,621 (+7%)	4mo	$303,000	$187	54
1393 Dorsh Rd	0.41mi	3/2.0 (+1)	1,672 (+11%)	0mo	$225,000	$135	54
4784 Burger Rd	0.50mi	3/1.5 (+1)	1,686 (+12%)	2mo	$242,500	$144	48
5175 Cheltenham Blvd	0.65mi	3/1.5 (+1)	1,353 (-10%)	0mo	$260,000	$192	45
1361 Dorsh Rd	0.42mi	3/2.0 (+1)	1,729 (+14%)	4mo	$190,000	$110	44
1520 Jaeger Dr	0.66mi	3/2.0 (+1)	1,326 (-12%)	1mo	$206,000	$155	39

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 · 4.45% rent growth · sell at horizon

5-year hold

• IRR: -7.7%
• Equity multiple: 0.71×
• Total profit: $-16,075
• Equity at exit: $29,806

10-year hold

• IRR: 3.8%
• Equity multiple: 1.30×
• Total profit: $16,688
• Equity at exit: $17,284

Cash invested: $55,972 (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 44124

• Rents YoY: 4.5%
• Active inventory: 179
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,157 medium
• Mortgage (P&I): −$1,048
• Tax from tax record: −$368 /mo · $4,418/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$453
• Net cashflow: $204

Break-even live

Break-even rent $1,898

Max offer price $199,900

Occupancy floor 86%

Sensitivity live

Price	-10% $318	-5% $261	+0% $204	+5% $148	+10% $91
Rent	-10% $34	-5% $119	+0% $204	+5% $290	+10% $375
Rate	-1.0pp $305	-0.5pp $255	base $204	+0.5pp $153	+1.0pp $100

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4994 N Sedgewick Rd Cleveland, OH	3.0	1.5	1400	$3,000	$2.14	45d	1	0.32mi
1207 Churchill Rd Cleveland, OH	3.0	2.0	1134	$1,895	$1.67	25d	1	0.84mi
1344 S Green Rd Cleveland, OH	3.0	1.0	1076	$1,150	$1.07	18d	1	0.98mi
1620 Brainard Rd Cleveland, OH	3.0	1.5	1501	$2,275	$1.52	16d	1	1.34mi

Listing history 19 events

1. 2026-05-02
   status Pending
2. 2026-04-24
   listed $199,900 Active
3. 2023-03-28
   price $59,900 294-char remark

   Show marketing remark (294 chars)

   Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

4. 2023-03-28
   price $59,900 294-char remark

   Show marketing remark (294 chars)

   Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

5. 2023-03-28
   price $59,900 294-char remark

   Show marketing remark (294 chars)

   Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

6. 2020-08-25
   price $59,900 294-char remark

   Show marketing remark (294 chars)

   Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

7. 2020-08-25
   price $59,900 294-char remark

   Show marketing remark (294 chars)

   Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

8. 2014-02-12
   price $59,900 294-char remark

   Show marketing remark (294 chars)

   Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

9. 2014-02-12
   price $59,900 294-char remark

   Show marketing remark (294 chars)

   Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

10. 2000-10-18
    soldstatus $109,000 294-char remark

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

11. 2000-10-18
    soldstatus $107,000

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

12. 2000-07-03
    listed $112,900 294-char remark

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

13. 1998-04-09
    price $112,900 294-char remark

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

14. 1998-04-09
    price $112,900 294-char remark

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

15. 1998-04-09
    price $112,900 294-char remark

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

16. 1998-04-09
    price $112,900 294-char remark

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

17. 1998-04-09
    price $112,900 294-char remark

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

18. 1998-04-09
    price $112,900 294-char remark

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

19. 1998-04-09
    price $112,900 294-char remark

    Show marketing remark (294 chars)

    Brick Bungalow * Freshly Painted Thruout * Roof 00 * Furnace 99 * All Replacement Windows 97 * Hardwood Floors * Finished Recreaton Room * Basement Water Proofing * Currently On Home Stead Exemption * At $770. 2nd Floor Irreg Open Area * If Office Is Closed Call Lister 440-779-7548

ⓘ 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: $4,418 · $368/mo
• Projected year-2 tax: $4,418 · $368/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 7 d/yr ≥96°F today · 17 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

Taxation est. · year 1

• Rental income: $25,886
• − Mortgage interest: −$11,198
• − Property taxes: −$4,418
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,071
• − Management: −$2,071
• − Depreciation: −$5,815
• Taxable loss: −$686
• Est. tax savings @ 24.0%: +$165
• After-tax cash flow: $2,618/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: South Euclid-Lyndhurst City
• NCES district ID: 3904479
• Math proficiency: 23% ▼ -22.00%
• Reading proficiency: 45% ▼ -11.00%
• Median HH income: $61,244
• Composite: 30.51/100
• National rank: #6212
• State rank: #556 of 656 in OH

Livability — Lyndhurst

• Score: 82/100
• State rank: #76
• US rank: #1152

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lyndhurst, OH
• County: Cuyahoga County · 1,090,369 people
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 39,779
• Household income: $82,392
• Rent vs Own: 35.6% rent · 64.4% own
• Severe rent burden: 1286.0

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 White (69%)
• Race & ethnicity: White 69% Black 15% Two or more races 7% Asian 6% Hispanic / Latino 4%
• Common ancestry: Romanian 6% Scotch-Irish 4% Lithuanian 3%
• Foreign-born: 14% · Canada, China, Vietnam
• Languages at home: 84% English-only · Russian/Polish/Slavic 4% Other Indo-European 4% Spanish 3%

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: ▼ -212.96%
• Current HPI: 164.108
• Rent YoY: ▲ 4.45%
• 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

+77.1% since first listed

19 events — show timeline

• 2026-05-02 Pending — MLSNOW
• 2026-04-24 Listed $199,900 MLSNOW
• 2023-03-28 Price Changed $59,900 MLSNOW
• 2023-03-28 Price Changed $59,900 MLSNOW
• 2023-03-28 Price Changed $59,900 MLSNOW
• 2020-08-25 Price Changed $59,900 MLSNOW
• 2020-08-25 Price Changed $59,900 MLSNOW
• 2014-02-12 Price Changed $59,900 MLSNOW
• 2014-02-12 Price Changed $59,900 MLSNOW
• 2000-10-18 Sold (Public Records) $107,000 Public Records
• 2000-10-18 Sold (MLS) $109,000 MLSNOW
• 2000-07-03 Listed $112,900 MLSNOW
• 1998-04-09 Price Changed $112,900 MLSNOW
• 1998-04-09 Price Changed $112,900 MLSNOW
• 1998-04-09 Price Changed $112,900 MLSNOW
• 1998-04-09 Price Changed $112,900 MLSNOW
• 1998-04-09 Price Changed $112,900 MLSNOW
• 1998-04-09 Price Changed $112,900 MLSNOW
• 1998-04-09 Price Changed $112,900 MLSNOW

Property tax history

+2.9%/yr

Latest (2025): $4,418 · +11.2% YoY. Source: county tax records.