1588 Mapledale Rd · Wickliffe, OH 44092

$209,000

4 bd · 1.0 ba · 1,351 sqft · SingleFamily public records · 9 Days on market

Built 1969 4,007 sqft lot $155/sqft · 10% above area Est $198k · 6% over

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Why this score? — see what drove the D 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 +12.6/30.0
• ARV discount +4.9/15.0
• Schools +4.6/10.0
• Rent growth +4.5/5.0
• Livability +4.1/5.0
• DSCR +3.8/10.0
• 1% rule +3.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

~Impressive modern family home with all the nuances of today’s HGTV variety!~ Crisp and clean- perfect for entertaining! Functional open and airy floor plan plus a comfortable day to day feel. This open floor plan connects guest conversation and is decorated in todays palate for your enjoyment. Including: neutral tones, luxury vinyl plank, quartz countertops, first floor laundry and half bath! Heading upstairs you will find brand new carpeting in all bedrooms, hallway and stairs, tons of pull-down storage, spacious bath also comes with quartz and Cortec LVP! Fixtures, switches and sockets all replaced! Fresh mulch in the front bed and ample parking in the back. Close to everything!! Quality workmanship at an affordable price. .. Come see for yourself!

Key facts

• 4,007 sq ft lot
• Parking
• Built 1969

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $209k.

Deal economics

• At list price, monthly cash flow is $-25 ($-300/yr) — negative.
• To cash-flow at today's rent, offer at most $205k (2.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $179k (14.3% below list).
• Recommended offer: $179k (14.3% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 4.9% in Wickliffe — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 82/100 on livability (#85 in OH, #1,236 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities C-, commute F.
• Wickliffe City (suburban): math 48% / reading 60% proficiency, ranked #386 of 656 in OH (top 59%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+8.0%/yr); 63 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 448 units permitted in Lake County in 2024 (0 in 5+ unit buildings).
• This rent runs 30% of the median local income ($71k/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.
• Lake County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 4y 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.

Recommended offer $179,098 (14.3% 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 1969 — 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. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.86% ✗
• Cap rate: 6.15%
• Cash-on-cash: -0.51%
• DSCR: 0.98
• GRM: 9.7

CMA / ARV

• ARV (median comp): $197,614
• List price: $209,000
• Delta: 5.76%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1588 Mapledale Rd	0.00mi	3/1.5 (-1)	1,400 (+4%)	0mo	$197,500	$141	86
1677 Douglas Rd	0.15mi	4/2.0	1,270 (-6%)	2mo	$210,000	$165	77
1711 Rush Rd	0.32mi	4/2.0	1,350 (-0%)	5mo	$177,400	$131	76
5362 Oak Ridge Dr	0.16mi	3/1.5 (-1)	1,411 (+4%)	8mo	$242,000	$172	71
1671 Eldon Dr	0.43mi	3/1.5 (-1)	1,302 (-4%)	5mo	$221,600	$170	63
30811 Grant St	0.23mi	3/1.5 (-1)	1,536 (+14%)	1mo	$250,000	$163	59
1857 Empire Rd	0.59mi	3/2.0 (-1)	1,381 (+2%)	8mo	$265,000	$192	53
30402 Forestgrove Rd	0.71mi	3/2.5 (-1)	1,358 (+0%)	6mo	$205,000	$151	50
1845 Eldon Dr	0.63mi	3/2.0 (-1)	1,314 (-3%)	10mo	$187,500	$143	49
30888 Harrison Rd	0.36mi	3/3.5 (-1)	1,225 (-9%)	11mo	$236,000	$193	44
30052 Dorothy Dr	0.74mi	3/2.0 (-1)	1,408 (+4%)	10mo	$182,900	$130	41
882 Bayridge Blvd	0.74mi	4/2.0	1,192 (-12%)	3mo	$250,000	$210	40

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: -11.7%
• Equity multiple: 0.56×
• Total profit: $-25,971
• Equity at exit: $31,163

10-year hold

• IRR: 3.6%
• Equity multiple: 1.32×
• Total profit: $18,510
• Equity at exit: $18,071

Cash invested: $58,520 (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 44092

• Rents YoY: 8.0%
• Active inventory: 63
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,791 high
• Mortgage (P&I): −$1,096
• Tax from tax record: −$257 /mo · $3,081/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$376
• Net cashflow: $-25

Break-even live

Break-even rent $1,823

Max offer price $204,581

Occupancy floor 96%

Sensitivity live

Price	-10% $93	-5% $34	+0% $-25	+5% $-84	+10% $-143
Rent	-10% $-167	-5% $-96	+0% $-25	+5% $46	+10% $116
Rate	-1.0pp $80	-0.5pp $28	base $-25	+0.5pp $-79	+1.0pp $-134

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: $52,250
• Closing costs: $6,270
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
31621 N Marginal Dr Unit B Willowick, OH	3.0	1.5	1200	$1,550	$1.29	3d	1	0.69mi
2250 Par Ln Willoughby Hills, OH	2.0–3.0	2.0–2.5	1375	$2,430	$1.77	2d	15	1.08mi
2252 Par Ln Willoughby Hills, OH	1.0–3.0	1.0–2.0	1046	$1,600	$1.53	2d	36	1.12mi
459 Clarmont Rd Willowick, OH	4.0	2.0	1488	$1,875	$1.26	44d	1	1.27mi
29103 Barjode Rd Willowick, OH	3.0	2.0	1116	$1,950	$1.75	19d	1	1.34mi

Listing history 5 events

1. 2026-05-13
   status Pending 1230-char remark
2. 2026-05-04
   listed $209,000 Active 1230-char remark
3. 2022-02-16
   soldstatus $150,000 Closed 769-char remark

   Show marketing remark (769 chars)

   ~Impressive modern family home with all the nuances of today’s HGTV variety!~ Crisp and clean- perfect for entertaining! Functional open and airy floor plan plus a comfortable day to day feel. This open floor plan connects guest conversation and is decorated in todays palate for your enjoyment. Including: neutral tones, luxury vinyl plank, quartz countertops, first floor laundry and half bath! Heading upstairs you will find brand new carpeting in all bedrooms, hallway and stairs, tons of pull-down storage, spacious bath also comes with quartz and Cortec LVP! Fixtures, switches and sockets all replaced! Fresh mulch in the front bed and ample parking in the back. Close to everything!! Quality workmanship at an affordable price. .. Come see for yourself!

4. 2022-01-14
   status Pending 769-char remark

   Show marketing remark (769 chars)

   ~Impressive modern family home with all the nuances of today’s HGTV variety!~ Crisp and clean- perfect for entertaining! Functional open and airy floor plan plus a comfortable day to day feel. This open floor plan connects guest conversation and is decorated in todays palate for your enjoyment. Including: neutral tones, luxury vinyl plank, quartz countertops, first floor laundry and half bath! Heading upstairs you will find brand new carpeting in all bedrooms, hallway and stairs, tons of pull-down storage, spacious bath also comes with quartz and Cortec LVP! Fixtures, switches and sockets all replaced! Fresh mulch in the front bed and ample parking in the back. Close to everything!! Quality workmanship at an affordable price. .. Come see for yourself!

5. 2022-01-10
   listed $152,500 Active 769-char remark

   Show marketing remark (769 chars)

   ~Impressive modern family home with all the nuances of today’s HGTV variety!~ Crisp and clean- perfect for entertaining! Functional open and airy floor plan plus a comfortable day to day feel. This open floor plan connects guest conversation and is decorated in todays palate for your enjoyment. Including: neutral tones, luxury vinyl plank, quartz countertops, first floor laundry and half bath! Heading upstairs you will find brand new carpeting in all bedrooms, hallway and stairs, tons of pull-down storage, spacious bath also comes with quartz and Cortec LVP! Fixtures, switches and sockets all replaced! Fresh mulch in the front bed and ample parking in the back. Close to everything!! Quality workmanship at an affordable price. .. Come see for yourself!

ⓘ 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: $3,081 · $257/mo
• Projected year-2 tax: $3,171 · $264/mo
• Expected delta: +$89/yr (+$7/mo · 2.9%)

ⓘ 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: $21,492
• − Mortgage interest: −$11,707
• − Property taxes: −$3,081
• − Insurance: −$1,045
• − Repairs & maintenance: −$1,719
• − Management: −$1,719
• − Depreciation: −$6,080
• Taxable loss: −$3,861
• Est. tax savings @ 24.0%: +$927
• After-tax cash flow: $626/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: Wickliffe City
• NCES district ID: 3904508
• Math proficiency: 48% ▼ -14.00%
• Reading proficiency: 60% ▼ -8.00%
• Median HH income: $48,233
• Composite: 45.89/100
• National rank: #2551
• State rank: #386 of 656 in OH

Livability — Wickliffe

• Score: 82/100
• State rank: #85
• US rank: #1236

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wickliffe, OH
• County: Lake County · 204,927 people
• City population: 17,587
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 17,587
• Household income: $70,801
• Rent vs Own: 36.3% rent · 63.7% own
• Severe rent burden: 572.0

Population outlook (Lake County) Hauer SSP2

• Today (2025): 230,022 people
• By 2030: 228,151 · -0.8%
• By 2040: 221,018 · -3.9%
• By 2050: 212,754 · -7.5%
• By 2075: 200,309 · -12.9%
• By 2100: 183,315 · -20.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Black 12% Two or more races 4% Hispanic / Latino 3% Asian 2%
• Common ancestry: Romanian 4% Scotch-Irish 2% Iranian 2%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 93% English-only · Russian/Polish/Slavic 3% Spanish 1% Other Indo-European 1%

Political lean MEDSL · Lake

• 2024 margin: R (+14.3) · D 42.4% · R 56.7%
• 2008→2024 swing: -15.2pp toward R · 2008: 0.8pp · 2024: -14.3pp
• All cycles: 2024: R+14.3 2020: R+13.6 2016: R+15.6 2012: R+1.7 2008: D+0.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -126.67%
• Current HPI: 161.3288
• Rent YoY: ▲ 8.03%
• 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

+29.5% since first listed

6 events — show timeline

• 2026-06-05 Sold (MLS) $197,500 MLSNOW
• 2026-05-13 Pending — MLSNOW
• 2026-05-04 Listed $209,000 MLSNOW
• 2022-02-16 Sold (MLS) $150,000 MLSNOW
• 2022-01-14 Pending — MLSNOW
• 2022-01-10 Listed $152,500 MLSNOW

Property tax history

+6.6%/yr

Latest (2025): $3,081 · -1.4% YoY. Source: county tax records.