5230 W 147th St · Brook Park, OH 44142

$205,000

3 bd · 1.0 ba · 936 sqft · SingleFamily public records · 2 Days on market

Built 1959 5,449 sqft lot Est $221k · 7% under

---

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 +13.5/30.0
• ARV discount +10.7/15.0
• Schools +4.4/10.0
• DSCR +4.1/10.0
• Livability +3.7/5.0
• 1% rule +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great opportunity to own a 3 bedroom, 1 bath ranch home in Brook Park. This home has an eat in kitchen with new laminate floors. Bathroom also has new laminate flooring. Living room and all bedrooms have new carpet. There is two car garage and a nice sized yard. Enjoy all of this and the Berea City School District. Convenient to I-480, I-71, the airport. This could be better than rent!

Key facts

• Great size yard
• Finished basement
• Convenient location

Tags

• UPDATED BATHROOM
• FINISHED BASEMENT
• HOME OFFICE
• GREAT SIZE YARD
• CONVENIENT LOCATION

Property features AI

Finance

• HOA & community: Curbs; Sidewalks; Park; Playground

Exterior

• Parking: Detached garage; Garage with door opener; Driveway with concrete surface; Garage faces front; 2 garage spaces
• Utilities: Public water; Public sewer
• Home design: Single-story home; Faces east; Entry at grade (single-level)
• Construction: Vinyl siding; Asphalt/fiberglass roof; Block foundation; Built per public records
• Exterior features: Back yard; Front yard; Located on a dead-end street; Flat, level lot; Lot dimensions approximately 50 x 109

Interior

• Kitchen: Microwave; Range; Refrigerator
• Bedrooms: 3 main-level bedrooms
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced-air gas heating; Central air conditioning
• Interior features: Ceiling fans; Entrance foyer; Eat-in kitchen; Laminate countertops; Storage; Bay windows; Double-pane insulated windows with screens
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $9 ($107/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $172k (16.2% below list).
• Recommended offer: $172k (16.2% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 5.2% in Brook Park — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 74/100 on livability (#273 in OH, #4,475 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, health & safety D, amenities F.
• Berea City (suburban): math 47% / reading 56% proficiency, ranked #414 of 656 in OH (top 63%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Berea-Midpark Middle School (math 43% / reading 52%, grade C-, #444 of 654 statewide, top 69%, 1,556 students, 0% FRL); Berea-Midpark High School (math 28% / reading 60%, grade F, #489 of 781 statewide, top 63%, 1,850 students, 29% FRL).
• Market conditions: 44 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).

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 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 2y 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 1959 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $171,813 (16.2% below list)

Questions for the listing agent

1. Built in 1959 — 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 B-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. 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?
5. 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.
6. 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.
7. 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: 0.84% ✗
• Cap rate: 6.35%
• Cash-on-cash: 0.19%
• DSCR: 1.01
• GRM: 9.9

CMA / ARV

• ARV (on-the-fly): $220,896
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5249 W 150th St	0.13mi	3/2.0	936 (0%)	1mo	$217,000	$232	89
5312 W 149th St	0.13mi	3/2.0	912 (-3%)	9mo	$260,000	$285	78
5721 Michael Dr	0.58mi	3/2.0	944 (+1%)	7mo	$240,000	$254	62
15633 Harrison Dr	0.58mi	3/1.0	888 (-5%)	4mo	$185,000	$208	62
5104 W 149th St	0.16mi	3/1.0	1,056 (+13%)	16mo	$195,000	$185	58
15546 Hummel Rd	0.63mi	3/2.0	888 (-5%)	1mo	$262,500	$296	57
15460 Harrison Dr	0.51mi	3/1.0	888 (-5%)	16mo	$207,000	$233	55
5757 Defiance Ave	0.66mi	3/2.0	884 (-6%)	3mo	$225,000	$255	53
15854 Hummel Rd	0.70mi	3/2.0	953 (+2%)	12mo	$225,000	$236	50
5752 Van Wert Ave	0.67mi	3/2.0	884 (-6%)	11mo	$235,000	$266	46
5150 W 139th St	0.45mi	2/1.0 (-1)	802 (-14%)	14mo	$160,000	$200	38
15893 Hummel Rd	0.73mi	3/1.0	1,044 (+12%)	19mo	$195,000	$187	31

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -16.0%
• Equity multiple: 0.43×
• Total profit: $-32,665
• Equity at exit: $30,566

10-year hold

• IRR: -7.7%
• Equity multiple: 0.52×
• Total profit: $-27,775
• Equity at exit: $17,725

Cash invested: $57,400 (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 44142

• Active inventory: 44
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,718 medium
• Mortgage (P&I): −$1,075
• Tax from tax record: −$188 /mo · $2,255/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$361
• Net cashflow: $9

Break-even live

Break-even rent $1,707

Max offer price $205,000

Occupancy floor 94%

Sensitivity live

Price	-10% $125	-5% $67	+0% $9	+5% $-49	+10% $-107
Rent	-10% $-127	-5% $-59	+0% $9	+5% $77	+10% $145
Rate	-1.0pp $112	-0.5pp $61	base $9	+0.5pp $-44	+1.0pp $-98

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5070 W 148th St Brook Park, OH	2.0	1.0	900	$1,600	$1.78	46d	1	0.17mi
16261 Remora Blvd Brook Park, OH	3.0	1.0	936	$1,750	$1.87	46d	1	0.94mi

Listing history 6 events

1. 2026-05-21
   listed $205,000 Active
2. 2024-12-30
   soldstatus $181,000
3. 2024-12-27
   soldstatus $181,000 Closed 388-char remark

   Show marketing remark (388 chars)

   Great opportunity to own a 3 bedroom, 1 bath ranch home in Brook Park. This home has an eat in kitchen with new laminate floors. Bathroom also has new laminate flooring. Living room and all bedrooms have new carpet. There is two car garage and a nice sized yard. Enjoy all of this and the Berea City School District. Convenient to I-480, I-71, the airport. This could be better than rent!

4. 2024-12-04
   status Pending 388-char remark

   Show marketing remark (388 chars)

   Great opportunity to own a 3 bedroom, 1 bath ranch home in Brook Park. This home has an eat in kitchen with new laminate floors. Bathroom also has new laminate flooring. Living room and all bedrooms have new carpet. There is two car garage and a nice sized yard. Enjoy all of this and the Berea City School District. Convenient to I-480, I-71, the airport. This could be better than rent!

5. 2024-11-17
   listed $174,000 Active 388-char remark

   Show marketing remark (388 chars)

   Great opportunity to own a 3 bedroom, 1 bath ranch home in Brook Park. This home has an eat in kitchen with new laminate floors. Bathroom also has new laminate flooring. Living room and all bedrooms have new carpet. There is two car garage and a nice sized yard. Enjoy all of this and the Berea City School District. Convenient to I-480, I-71, the airport. This could be better than rent!

6. 1986-12-08
   soldstatus $30,000

ⓘ 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: $2,255 · $188/mo
• Projected year-2 tax: $2,726 · $227/mo
• Expected delta: +$472/yr (+$39/mo · 20.9%)

ⓘ 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 · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,618
• − Mortgage interest: −$11,483
• − Property taxes: −$2,255
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,649
• − Management: −$1,649
• − Depreciation: −$5,964
• Taxable loss: −$3,408
• Est. tax savings @ 24.0%: +$818
• After-tax cash flow: $925/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: Berea City
• NCES district ID: 3904360
• Math proficiency: 47% ▼ -17.00%
• Reading proficiency: 56% ▼ -7.00%
• Median HH income: $51,921
• Composite: 44.18/100
• National rank: #2856
• State rank: #414 of 656 in OH

Livability — Brook Park

• Score: 74/100
• State rank: #273
• US rank: #4475

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brook Park, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 18,359
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 18,284
• Household income: $71,332
• Rent vs Own: 17.4% rent · 82.6% own
• Severe rent burden: 275.0

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 (83%)
• Race & ethnicity: White 83% Hispanic / Latino 6% Black 6% Two or more races 5% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Romanian 11% Subsaharan African 2% Scotch-Irish 1%
• Foreign-born: 5% · Canada, India, China
• Languages at home: 93% English-only · Spanish 2% Other Indo-European 2% 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: ▼ -177.54%
• Current HPI: 193.7004
• Rent YoY: —
• 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

+583.3% since first listed

7 events — show timeline

• 2026-05-24 Pending — MLSNOW
• 2026-05-21 Listed $205,000 MLSNOW
• 2024-12-30 Sold (Public Records) $181,000 Public Records
• 2024-12-27 Sold (MLS) $181,000 MLSNOW
• 2024-12-04 Pending — MLSNOW
• 2024-11-17 Listed $174,000 MLSNOW
• 1986-12-08 Sold (Public Records) $30,000 Public Records

Property tax history

+1.1%/yr

Latest (2025): $2,255 · -2.8% YoY. Source: county tax records.