1527 Babbitt Rd · Euclid, OH 44132

$80,000

2 bd · 1.0 ba · 858 sqft · SingleFamily public records · 12 Days on market

Built 1943 3,419 sqft lot $93/sqft · 9% above area Est $73k · 9% over

---

Why this score? — see what drove the B- 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 +5.0/5.0
• Livability +3.9/5.0
• ARV discount +3.4/15.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Are you looking for an alternative to condo or townhouse living at an affordable price? Check out this newly renovated 2 bed 1 bathroom home in Euclid. Entering the first floor you will find a spacious living room and dining room with new vinyl flooring, new light fixture, and freshly painted. The kitchen features a new base cabinet, countertop, sink, faucet, and light fixture. The basement is spacious, clean, and has been freshly painted. The house features new windows. Walk upstairs and you will find two nice size bedrooms that have new flooring and have been freshly painted, and a full bathroom that features a new bathtub/shower, new toilet, vanity, flooring, and fixtures. Outside has a

Key facts

• New base cabinet
• New faucet
• New countertop

Tags

• NEWLY RENOVATED
• NEW VINYL FLOORING
• NEW BASE CABINET
• NEW COUNTERTOP
• NEW SINK
• NEW FAUCET

Property features AI

Exterior

• Parking: Concrete parking surface
• Utilities: Public water; Public sewer
• Home design: Attached property; Single-story (implied by above-grade area and total rooms)
• Construction: Aluminum siding and brick exterior; Asphalt roof; Block foundation; Built (year per public records)
• Exterior features: Awning-covered patio/porch; Chain-link fencing; Lot approximately 0.0785 acres

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating
• Interior features: Double-pane windows; Window screens; Full basement; Updated/remodeled condition; Total of 5 rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $474 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Cap rate 13.4% vs local median 6.8% in Euclid — 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 77/100 on livability (#204 in OH, #3,149 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools C-, commute F, employment D-.
• Euclid City (suburban): math 14% / reading 28% proficiency, ranked #625 of 656 in OH (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+15.5%/yr); 39 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 34% of the median local income ($48k/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 $553 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 + 8.0% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 6y ago; this cycle's ask is 7173% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1943 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $80,000

Questions for the listing agent

1. Built in 1943 — 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. 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.
4. 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.
5. 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: 1.68% ✓
• Cap rate: 13.40%
• Cash-on-cash: 25.37%
• DSCR: 2.13
• GRM: 5.0

CMA / ARV

• ARV (median comp): $73,335
• List price: $80,000
• Delta: 9.09%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1527 Babbitt Rd	0.00mi	2/1.0	858 (0%)	1mo	$73,000	$85	99
1551 Babbitt Rd	0.04mi	2/1.0	884 (+3%)	9mo	$100,000	$113	85
24891 Fisher Ave	0.22mi	2/1.0	858 (0%)	15mo	$77,000	$90	77
1462 E 250th St	0.20mi	2/1.0	853 (-1%)	18mo	$65,000	$76	75
25170 Treadwell Ave	0.22mi	2/1.0	832 (-3%)	13mo	$72,000	$87	74
1538 E 256th St	0.08mi	2/1.0	832 (-3%)	22mo	$58,000	$70	73
1477 E 256th St	0.21mi	2/1.0	858 (0%)	21mo	$48,500	$57	73
1461 E 252nd St	0.11mi	2/1.0	832 (-3%)	24mo	$62,000	$75	70
25550 Tungsten Rd	0.22mi	2/1.0	958 (+12%)	6mo	$76,500	$80	65
1501 E 248th St	0.26mi	2/1.0	948 (+10%)	7mo	$87,000	$92	65
1497 E 256th St	0.18mi	2/1.5	970 (+13%)	18mo	$76,400	$79	52

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 24.7%
• Equity multiple: 2.09×
• Total profit: $24,349
• Equity at exit: $11,928

10-year hold

• IRR: 35.6%
• Equity multiple: 5.13×
• Total profit: $92,576
• Equity at exit: $6,917

Cash invested: $22,400 (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 44132

• Home prices YoY: -16.9%
• Rents YoY: 15.5%
• Active inventory: 39
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,346 high
• Mortgage (P&I): −$420
• Tax from tax record: −$137 /mo · $1,640/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $474

Break-even live

Break-even rent $746

Max offer price $80,000

Occupancy floor 60%

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1554 E 256th St Euclid, OH	2.0	2.0	1062	$1,250	$1.18	23d	1	0.04mi
1550 E 256th St Euclid, OH	3.0	1.0	1054	$1,700	$1.61	1d	1	0.05mi
1517 E 256th St Euclid, OH	3.0	1.0	1002	$1,300	$1.30	23d	1	0.15mi
26251 Brush Ave Euclid, OH	2.0–3.0	1.0	769	$1,200	$1.56	1d	2	0.41mi
24630 Euclid Ave Euclid, OH	2.0	1.0	750	$1,100	$1.47	10d	1	0.52mi
26640 Tungsten Rd Euclid, OH	2.0	1.0	779	$1,100	$1.41	43d	1	0.56mi
26660 Tungsten Rd Apt 102 Euclid, OH	1.0	1.0	750	$1,095	$1.46	4d	1	0.57mi
26660 Tungsten Rd Unit 105 Euclid, OH	2.0	1.0	900	$1,195	$1.33	4d	1	0.57mi
26700 Tungsten Rd Unit TN 202 Euclid, OH	2.0	1.0	779	$1,200	$1.54	43d	1	0.60mi
24130 Euclid Ave Euclid, OH	2.0	1.0	725	$1,200	$1.66	16d	2	0.79mi
824 E 236th St Euclid, OH	3.0	2.0	1100	$1,720	$1.56	1d	1	0.94mi
27800 Euclid Ave Unit Euclid 35 Parkhill Apts-5 Euclid, OH	3.0	1.5	755	$1,200	$1.59	43d	1	0.96mi
27800 Euclid Ave Unit Euclid 35 -Hillandale Apts-306 Euclid, OH	2.0	1.0	750	$950	$1.27	7d	1	0.96mi
961 E 224th St Euclid, OH	3.0	1.0	1034	$1,300	$1.26	16d	1	0.96mi
22501 Arms Ave Euclid, OH	3.0	1.0	1044	$1,350	$1.29	23d	1	1.02mi
681 Babbitt Rd Euclid, OH	1.0	1.0	684	$1,000	$1.46	43d	1	1.08mi
27000 Bishop Park Dr Willoughby Hills, OH	1.0–2.0	1.0–1.5	805	$1,255	$1.56	23d	1	1.09mi
927 E 216th St Unit 1 Euclid, OH	2.0	1.0	850	$1,147	$1.35	4d	1	1.24mi
24200 Puritan Rd Euclid, OH	3.0	1.0	1100	$1,199	$1.09	12d	1	1.25mi
22550 Euclid Ave Unit 207 Euclid, OH	2.0	1.0	888	$1,279	$1.44	43d	1	1.35mi
22550 Euclid Ave Unit 212 Euclid, OH	1.0	1.0	548	$1,000	$1.82	43d	1	1.35mi
871 E 212th St Cleveland, OH	3.0	1.5	1092	$1,399	$1.28	43d	1	1.36mi
21301 Arbor Ave Euclid, OH	3.0	1.0	1050	$1,450	$1.38	20d	1	1.39mi
521 E 222nd St Euclid, OH	2.0	1.0	800	$1,500	$1.88	23d	1	1.43mi
488 E 222nd St Unit Up Euclid, OH	2.0	1.0	900	$1,100	$1.22	21d	1	1.46mi
22250 Euclid Ave Euclid, OH	1.0	1.0	695	$995	$1.43	23d	2	1.47mi

Listing history 5 events

1. 2026-05-13
   status Pending 892-char remark
2. 2026-05-01
   listed $80,000 Active 892-char remark
3. 2020-12-11
   historical
4. 2020-10-26
   price $54,900
5. 2020-09-23
   listed $56,000 Active

ⓘ 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: $1,640 · $137/mo
• Projected year-2 tax: $1,640 · $137/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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,148
• − Mortgage interest: −$4,481
• − Property taxes: −$1,640
• − Insurance: −$400
• − Repairs & maintenance: −$1,292
• − Management: −$1,292
• − Depreciation: −$2,327
• Taxable income: $4,715
• Est. tax owed @ 24.0%: −$1,132
• After-tax cash flow: $4,550/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: Euclid City
• NCES district ID: 3904395
• Math proficiency: 14% ▼ -19.00%
• Reading proficiency: 28% ▼ -14.00%
• Median HH income: $36,385
• Composite: 17.39/100
• National rank: #9067
• State rank: #625 of 656 in OH

Livability — Euclid

• Score: 77/100
• State rank: #204
• US rank: #3149

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Euclid, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 41,855
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 14,633
• Household income: $47,969
• Rent vs Own: 56.2% rent · 43.8% own
• Severe rent burden: 1297.0

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 (64%)
• Race & ethnicity: Black 64% White 29% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 4% Italian 1% Subsaharan African 1%
• Foreign-born: 3%
• Languages at home: 93% English-only · Spanish 3% 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: ▼ -41.89%
• Current HPI: 206.0583
• Rent YoY: ▲ 15.49%
• 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

-98.0% since first listed

10 events — show timeline

• 2026-06-09 Listed for Rent $1,100 YESMLS
• 2026-06-08 Rental Removed $1,100 BUILDIUM
• 2026-06-02 Listed for Rent $1,100 BUILDIUM
• 2026-05-28 Sold (Public Records) $73,000 Public Records
• 2026-05-28 Sold (MLS) $73,000 MLSNOW
• 2026-05-13 Pending — MLSNOW
• 2026-05-01 Listed $80,000 MLSNOW
• 2020-12-11 Listing Removed — MLSNOW
• 2020-10-26 Price Changed $54,900 MLSNOW
• 2020-09-23 Listed $56,000 MLSNOW

Property tax history

+4.6%/yr

Latest (2025): $1,640 · -2.7% YoY. Source: county tax records.