9207 Prospect Rd · Strongsville, OH 44149

$179,900

2 bd · 1.0 ba · 720 sqft · SingleFamily public records · 5 Days on market

Built 1952 0.92 ac lot $250/sqft · 25% above area Est $221k · 19% under

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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).

• ARV discount +15.0/15.0
• Cash flow +7.4/30.0
• Schools +6.7/10.0
• Livability +4.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• DSCR +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Handy Mans Special Lots Of Potential Wbfp Lrg Lot Almost Acre Room To Grow Great Location Wont Last

Key facts

• Back yard views
• Bonus room
• Enclosed porch

Tags

• NEARLY ONE ACRE LOT
• ENCLOSED PORCH
• EAT-IN KITCHEN
• WOOD BURNING FIREPLACE
• BACK YARD VIEWS
• BONUS ROOM

Property features AI

Finance

• HOA & community: Nearby shopping

Exterior

• Parking: Attached garage (1 car) with driveway
• Utilities: Public water; Public sewer
• Home design: Single-story home; Fixer condition; Asphalt roof; Vinyl siding; Slab foundation
• Construction: Built (year per public records); Vinyl siding construction; Asphalt roof; Slab foundation
• Exterior features: Enclosed patio/porch; Patio; Porch; Chain link fencing; Shed(s); Flat, level lot approximately 0.92 acres (93 x 476)

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Two main-level bedrooms
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Forced air heating (gas); Central air conditioning
• Interior features: Double pane windows; Living room wood-burning fireplace
• Laundry & utility: Washer and dryer located inside on the main level

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $-230 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $139k (22.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $126k (30.1% below list).
• Recommended offer: $126k (30.1% below list) — sets the bar for 1% rule.
• Cap rate 4.8% vs local median 3.2% in Strongsville — 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 88/100 on livability (#27 in OH, #243 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, employment A+; Watch: commute F.
• Strongsville City (suburban): math 73% / reading 79% proficiency, ranked #62 of 656 in OH (top 10%) — strong family-tenant draw, lease renewals of 3-5y typical; only 15% free/reduced lunch — higher-income household profile.
• Zoned schools: Strongsville Middle School (math 70% / reading 76%, grade A, #105 of 654 statewide, top 17%, 1,270 students, 20% FRL); Strongsville High School (math 63% / reading 82%, grade B+, #87 of 781 statewide, top 11%, 1,844 students, 17% FRL) — zoned schools at 18% FRL track the district average.
• Market conditions: 121 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent is only 13% of the median local income ($114k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 33y 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 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $125,828 (30.1% 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 1952 — 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: 0.70% ✗
• Cap rate: 4.76%
• Cash-on-cash: -5.47%
• DSCR: 0.76
• GRM: 11.9

CMA / ARV

• ARV (median comp): $220,848
• List price: $179,900
• Delta: -18.54%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -25.6%
• Equity multiple: 0.13×
• Total profit: $-43,776
• Equity at exit: $26,824

10-year hold

• IRR: -22.1%
• Equity multiple: -0.13×
• Total profit: $-56,931
• Equity at exit: $15,554

Cash invested: $50,372 (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 44149

• Active inventory: 121
• Price-to-rent: 11.9×

Monthly cashflow live

• Estimated rent: $1,258 medium
• Mortgage (P&I): −$943
• Tax from tax record: −$205 /mo · $2,465/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$264
• Net cashflow: $-230

Break-even live

Break-even rent $1,549

Max offer price $139,318

Occupancy floor —

Sensitivity live

Price	-10% $-128	-5% $-179	+0% $-230	+5% $-281	+10% $-332
Rent	-10% $-329	-5% $-279	+0% $-230	+5% $-180	+10% $-130
Rate	-1.0pp $-139	-0.5pp $-184	base $-230	+0.5pp $-276	+1.0pp $-324

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
670 Prospect Rd Berea, OH	1.0–3.0	1.0	852	$1,216	$1.43	3d	16	0.56mi
9745 Douglas Ln Olmsted Falls, OH	1.0–3.0	1.0	1000	$1,372	$1.37	3d	2	1.26mi

Listing history 8 events

1. 2026-05-05
   status Pending 587-char remark
2. 2026-04-30
   listed $179,900 Active 587-char remark
3. 1995-02-03
   soldstatus $81,000 99-char remark

   Show marketing remark (99 chars)

   Handy Mans Special Lots Of Potential Wbfp Lrg Lot Almost Acre Room To Grow Great Location Wont Last

4. 1995-02-02
   soldstatus $81,000
5. 1994-12-06
   listed $87,000 99-char remark

   Show marketing remark (99 chars)

   Handy Mans Special Lots Of Potential Wbfp Lrg Lot Almost Acre Room To Grow Great Location Wont Last

6. 1993-10-28
   soldstatus $68,000

   Show marketing remark (151 chars)

   See Checklist For Disclosure * Lovely 1 Acre Lot * Fenced Yard * Extra Room Was 1 Car Garage * Much Potential * Bath Needs Work * Call Lister To Show *

7. 1993-10-27
   soldstatus $68,000
8. 1993-06-08
   listed $78,950

   Show marketing remark (151 chars)

   See Checklist For Disclosure * Lovely 1 Acre Lot * Fenced Yard * Extra Room Was 1 Car Garage * Much Potential * Bath Needs Work * Call Lister To Show *

ⓘ 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: $2,465 · $205/mo
• Projected year-2 tax: $2,636 · $220/mo
• Expected delta: +$171/yr (+$14/mo · 6.9%)

ⓘ 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 ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,099
• − Mortgage interest: −$10,077
• − Property taxes: −$2,465
• − Insurance: −$900
• − Repairs & maintenance: −$1,208
• − Management: −$1,208
• − Depreciation: −$5,233
• Taxable loss: −$5,991
• Est. tax savings @ 24.0%: +$1,438
• After-tax cash flow: $-1,319/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: Strongsville City
• NCES district ID: 3904484
• Math proficiency: 73% ▼ -10.00%
• Reading proficiency: 79% ▼ -2.00%
• Median HH income: $78,206
• Composite: 67.02/100
• National rank: #395
• State rank: #62 of 656 in OH

Livability — Strongsville

• Score: 88/100
• State rank: #27
• US rank: #243

Category grades

Amenities A+ 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: Strongsville, OH
• County: Cuyahoga · 1,045,444 people
• City population: 46,110
• Metro: Cleveland, OH
• Population (ZIP): 21,042
• Household income: $114,107
• Rent vs Own: 5.7% rent · 94.3% own
• Severe rent burden: 2.7

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 (91%)
• Race & ethnicity: White 91% Asian 3% Two or more races 3% Hispanic / Latino 3% Black 1%
• Common ancestry: Romanian 11% Italian 2% Slovak 2%
• Foreign-born: 7% · Canada, China
• Languages at home: 92% English-only · Other Indo-European 2% Arabic 1% 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: ▼ -238.17%
• Current HPI: 196.9311
• Rent YoY: —
• Metro: —
• 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

+135.6% since first listed

9 events — show timeline

• 2026-05-29 Sold (MLS) $186,000 MLSNOW
• 2026-05-05 Pending — MLSNOW
• 2026-04-30 Listed $179,900 MLSNOW
• 1995-02-03 Sold (MLS) $81,000 MLSNOW
• 1995-02-02 Sold (Public Records) $81,000 Public Records
• 1994-12-06 Listed $87,000 MLSNOW
• 1993-10-28 Sold (MLS) $68,000 MLSNOW
• 1993-10-27 Sold (Public Records) $68,000 Public Records
• 1993-06-08 Listed $78,950 MLSNOW

Property tax history

+6.2%/yr

Latest (2025): $2,465 · +26.6% YoY. Source: county tax records.