856 E 210th St · Euclid, OH 44119

$65,000

2 bd · 1.0 ba · 1,656 sqft · SingleFamily public records · 30 Days on market

Built 1912 5,000 sqft lot

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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
• ARV discount +7.5/15.0
• Rent growth +5.0/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Calling all investors — great opportunity to bring your vision to this spacious property. Public records show 2 bedrooms; however, additional rooms have been added on the first floor that are not reflected in public records. With imagination, the property offers potential to be configured as a spacious single-family home with 4–5 bedrooms, open kitchen, and large living area, or possibly as a duplex or triplex - Come check it out today!

Key facts

• 5,000 sq ft lot
• Parking
• Built 1912

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Has heating
• Home design: 2-story home; Vinyl siding construction; Asphalt roof; Above-grade finished area approximately 1,656 (public records); Property listed as fixer
• Construction: Vinyl siding; Asphalt roof; Built (year from public records)
• Exterior features: Driveway

Interior

• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced air heating
• Interior features: Unfinished basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $613 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $64k (1.5% below list) — sets the bar for market timing.
• Cap rate 17.6% 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 (+15.3%/yr); 27 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 37% of the median local income ($44k/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 $449 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 $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $15k; list at $65k implies a 333% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1912 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $64,025 (1.5% below list)

Questions for the listing agent

1. Built in 1912 — 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: 2.07% ✓
• Cap rate: 17.62%
• Cash-on-cash: 40.44%
• DSCR: 2.80
• GRM: 4.0

CMA / ARV

• ARV (on-the-fly): $140,760
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
20470 Trebec Blvd	0.32mi	3/1.0 (+1)	1,570 (-5%)	9mo	$122,000	$78	64
917 E 214th St	0.16mi	3/1.0 (+1)	1,458 (-12%)	10mo	$88,000	$60	60
20755 Miller Ave	0.18mi	3/1.5 (+1)	1,540 (-7%)	17mo	$153,250	$100	58
944 E 220th St	0.32mi	3/1.5 (+1)	1,456 (-12%)	5mo	$124,000	$85	54
19400 Meredith Ave	0.74mi	3/2.0 (+1)	1,679 (+1%)	6mo	$121,000	$72	49
19251 Abby Ave	0.62mi	3/1.5 (+1)	1,407 (-15%)	1mo	$160,000	$114	38
21301 Wilmore Ave	0.67mi	3/2.5 (+1)	1,575 (-5%)	22mo	$267,500	$170	31
22461 Beckford Ave	0.60mi	3/2.0 (+1)	1,536 (-7%)	24mo	$139,900	$91	31
19451 Monterey Ave	0.60mi	3/1.5 (+1)	1,416 (-14%)	13mo	$112,000	$79	30

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: 42.5%
• Equity multiple: 2.96×
• Total profit: $35,663
• Equity at exit: $9,692

10-year hold

• IRR: 50.9%
• Equity multiple: 7.25×
• Total profit: $113,795
• Equity at exit: $5,620

Cash invested: $18,200 (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 44119

• Home prices YoY: -33.4%
• Rents YoY: 15.3%
• Active inventory: 27
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,345 high
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $613

Break-even live

Break-even rent $569

Max offer price $65,000

Occupancy floor 49%

Sensitivity live

Price	-10% $658	-5% $636	+0% $613	+5% $591	+10% $568
Rent	-10% $507	-5% $560	+0% $613	+5% $667	+10% $720
Rate	-1.0pp $646	-0.5pp $630	base $613	+0.5pp $597	+1.0pp $579

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
871 E 212th St Cleveland, OH	3.0	1.5	1092	$1,399	$1.28	44d	1	0.10mi
20664 Miller Ave Unit Down Unit Euclid, OH	3.0	2.0	1100	$1,200	$1.09	44d	1	0.20mi
21250 Goller Ave Cleveland, OH	3.0	1.0	1161	$1,275	$1.10	13d	1	0.24mi
21252 Goller Ave Euclid, OH	3.0	1.0	1161	$1,275	$1.10	21d	1	0.27mi
540 E 208th St Cleveland, OH	2.0	1.0	1189	$1,025	$0.86	44d	1	0.39mi
21301 Arbor Ave Euclid, OH	3.0	1.0	1050	$1,450	$1.38	21d	1	0.43mi
21271 Nicholas Ave Euclid, OH	3.0	2.0	1300	$1,689	$1.30	44d	1	0.53mi
20500 Morris Ave Euclid, OH	3.0	1.0	1104	$1,399	$1.27	44d	1	0.62mi
22370 Tracy Ave Euclid, OH	3.0	1.0	1202	$1,575	$1.31	17d	1	0.70mi
21000 Priday Ave Euclid, OH	3.0	1.0	1200	$1,300	$1.08	44d	1	0.86mi
1485 E 221st St Euclid, OH	3.0	2.0	1561	$1,500	$0.96	15d	1	0.87mi
1485 E 221st St Euclid, OH	3.0	2.0	1561	$1,500	$0.96	11d	1	0.87mi
18800 Pasnow Ave Cleveland, OH	3.0	1.0	1348	$1,350	$1.00	17d	1	0.88mi
21751 Priday Ave Euclid, OH	3.0	1.0	1174	$1,545	$1.32	22d	1	0.93mi
21251 S Lake Shore Blvd Euclid, OH	3.0	2.0	1246	$1,595	$1.28	44d	1	1.00mi
824 E 236th St Euclid, OH	3.0	2.0	1100	$1,720	$1.56	2d	1	1.04mi
954 E 239th St Unit 2/UP Euclid, OH	2.0	1.0	1932	$995	$0.52	8d	1	1.06mi
26200 S Lake Shr Euclid, OH	3.0	1.5	1305	$1,225	$0.94	8d	1	1.06mi
21860 Roberts Ave Euclid, OH	3.0	1.0	1253	$1,450	$1.16	8d	1	1.20mi
420 E 222nd St Unit 1 Euclid, OH	2.0	1.0	1964	$1,295	$0.66	44d	1	1.25mi
422 E 222nd St Unit 2 Euclid, OH	2.0	1.0	1926	$1,295	$0.67	44d	1	1.25mi
797 Babbitt Rd #22 Euclid, OH	3.0	1.5	1360	$1,600	$1.18	44d	1	1.29mi
645 Babbitt Rd Euclid, OH	3.0	1.0	1200	$1,400	$1.17	13d	1	1.30mi
22050 Chardon Rd Euclid, OH	3.0	1.5	1209	$1,500	$1.24	44d	1	1.33mi
25170 Treadwell Ave Euclid, OH	2.0	1.0	1248	$1,297	$1.04	44d	1	1.33mi
884 E 248th St Euclid, OH	3.0	2.0	1440	$1,699	$1.18	2d	1	1.46mi
1550 E 256th St Euclid, OH	3.0	1.0	1054	$1,700	$1.61	2d	1	1.47mi
1554 E 256th St Euclid, OH	2.0	2.0	1062	$1,250	$1.18	24d	1	1.47mi

Listing history 16 events

1. 2026-06-21
   days on market $65,000 Active 30 DOM
2. 2026-06-18
   days on market $65,000 Active 27 DOM
3. 2026-06-17
   days on market $65,000 Active 26 DOM
4. 2026-06-16
   days on market $65,000 Active 25 DOM
5. 2026-06-15
   days on market $65,000 Active 24 DOM
6. 2026-06-13
   days on market $65,000 Active 22 DOM
7. 2026-06-09
   days on market $65,000 Active 18 DOM
8. 2026-06-08
   days on market $65,000 Active 17 DOM
9. 2026-06-07
   days on market $65,000 Active 16 DOM
10. 2026-06-05
    days on market $65,000 Active 13 DOM
11. 2026-06-03
    days on market $65,000 Active 12 DOM
12. 2026-06-02
    days on market $65,000 Active 11 DOM
13. 2026-06-01
    days on market $65,000 Active 10 DOM
14. 2026-05-31
    days on market $65,000 Active 9 DOM
15. 2026-05-22
    listed $65,000 Active
16. 1982-11-22
    soldstatus $15,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥94°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: $16,141
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$1,291
• − Management: −$1,291
• − Depreciation: −$1,891
• Taxable income: $6,726
• Est. tax owed @ 24.0%: −$1,614
• After-tax cash flow: $5,746/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): 13,243
• Household income: $44,077
• Rent vs Own: 46.7% rent · 53.3% own
• Severe rent burden: 657.0

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 (58%)
• Race & ethnicity: Black 58% White 38% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Romanian 4% Italian 1% Slovak 1%
• Foreign-born: 2%
• Languages at home: 96% English-only · Other Indo-European 1% Russian/Polish/Slavic 1% French/Haitian/Cajun 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: ▼ -81.78%
• Current HPI: 163.1502
• Rent YoY: ▲ 15.32%
• 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

+333.3% since first listed

2 events — show timeline

• 2026-05-22 Listed $65,000 MLSNOW
• 1982-11-22 Sold (Public Records) $15,000 Public Records

Property tax history

+23.0%/yr

Latest (2025): $4,087 · +117.2% YoY. Source: county tax records.