14517 Scioto Ave · East Cleveland, OH 44112

$65,000

2 bd · 1.0 ba · 1,298 sqft · SingleFamily public records · 3 Days on market

Built 1907 2,687 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 +3.8/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great investment property located in East Cleveland. A great chance for an investor looking to build value. The property is being sold as is. Schedule your buyers for showing now! * * square footage/acreage is per Realist and is approximate. It is the Buyer's responsibility to verify any square footage/acreage numbers.

Key facts

• 2,687 sq ft lot
• Garage
• Built 1907

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 $501 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).

Location & tenants

• Location reads 66/100 on livability (#650 in OH) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: schools F, crime F, employment F.
• East Cleveland City School District (suburban): math 4% / reading 17% proficiency, ranked #652 of 656 in OH (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 92% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.2%/yr); 99 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• At $1,217/mo this rent would consume 51% of the median local household income ($29k/yr) (locally 1702% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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 + 5.2% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 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.
• Current owner paid $10k; list at $65k implies a 550% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1907 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $65,000

Questions for the listing agent

1. Built in 1907 — 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.87% ✓
• Cap rate: 15.55%
• Cash-on-cash: 33.05%
• DSCR: 2.47
• GRM: 4.5

CMA / ARV

• ARV (on-the-fly): $42,834
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13500 Claiborne Rd	0.41mi	3/1.0 (+1)	1,297 (-0%)	5mo	$44,500	$34	72
1367 Shawview Ave	0.33mi	3/1.0 (+1)	1,273 (-2%)	8mo	$22,000	$17	69
14200 Scioto Ave	0.14mi	3/1.0 (+1)	1,256 (-3%)	17mo	$48,500	$39	69
14526 Orinoco Ave	0.13mi	3/1.0 (+1)	1,462 (+13%)	3mo	$27,000	$18	65
14629 Ardenall Ave	0.24mi	3/1.0 (+1)	1,384 (+7%)	14mo	$59,000	$43	62
1524 E 133rd St	0.50mi	3/1.0 (+1)	1,232 (-5%)	6mo	$30,000	$24	58
15801 Hazel Rd	0.64mi	3/1.0 (+1)	1,246 (-4%)	4mo	$35,000	$28	55
13412 5th Ave	0.44mi	3/1.0 (+1)	1,251 (-4%)	18mo	$86,000	$69	53
14205 Savannah Ave	0.19mi	3/1.5 (+1)	1,160 (-11%)	17mo	$40,000	$34	52
1358 E 134th St	0.58mi	3/1.0 (+1)	1,286 (-1%)	17mo	$42,500	$33	52
1371 E 141st St	0.38mi	3/1.0 (+1)	1,216 (-6%)	19mo	$16,500	$14	51
1278 E 152nd St	0.68mi	3/2.0 (+1)	1,128 (-13%)	14mo	$31,000	$27	26

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 · 5.16% rent growth · sell at horizon

5-year hold

• IRR: 30.7%
• Equity multiple: 2.33×
• Total profit: $24,119
• Equity at exit: $9,692

10-year hold

• IRR: 39.1%
• Equity multiple: 5.05×
• Total profit: $73,799
• 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 44112

• Rents YoY: 5.2%
• Active inventory: 99
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,217 high
• Mortgage (P&I): −$341
• Tax from tax record: −$92 /mo · $1,105/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $501

Break-even live

Break-even rent $582

Max offer price $65,000

Occupancy floor 54%

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 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14312 Scioto Ave Cleveland, OH	3.0	1.0	1090	$1,300	$1.19	4d	1	0.08mi
14200 Scioto Ave Cleveland, OH	3.0	1.0	1256	$1,350	$1.07	16d	1	0.14mi
14005 Scioto Ave Cleveland, OH	3.0	1.0	1056	$1,570	$1.49	16d	1	0.21mi
14205 Savannah Ave Cleveland, OH	3.0	1.0	1160	$1,350	$1.16	16d	1	0.21mi
13900 Potomac Ave Cleveland, OH	3.0	1.0	1172	$1,355	$1.16	23d	1	0.28mi
15421 Plymouth Pl East Cleveland, OH	2.0	1.0	950	$972	$1.02	43d	1	0.45mi
1459 E 134th St Unit up East Cleveland, OH	2.0	1.0	1150	$850	$0.74	10d	1	0.47mi
1726 Taylor Rd East Cleveland, OH	2.0	1.0	900	$972	$1.08	43d	1	0.48mi
14813 Alder Ave Cleveland, OH	3.0	1.0	1188	$1,150	$0.97	23d	1	0.59mi
1286 E 152nd St Cleveland, OH	2.0	1.0	1638	$1,095	$0.67	43d	1	0.70mi
16000 Terrace Rd Cleveland, OH	1.0–3.0	1.0–2.0	1000	$932	$0.93	1d	39	0.87mi
14120 Superior Ave Unit 1 East Cleveland, OH	3.0	1.0	1400	$1,350	$0.96	10d	1	0.92mi
14120 Superior Ave Unit 4 East Cleveland, OH	3.0	1.0	1408	$1,350	$0.96	43d	1	0.92mi
876 Eloise Dr Unit Upper Cleveland Heights, OH	2.0	1.0	1233	$1,200	$0.97	16d	1	1.01mi
886 Helmsdale Rd Cleveland Heights, OH	2.0	1.0	1037	$995	$0.96	16d	1	1.08mi
3337 Sylvanhurst Rd Cleveland, OH	3.0	1.0	1334	$1,800	$1.35	7d	1	1.14mi
983 Greyton Rd Cleveland, OH	3.0	2.0	1457	$1,495	$1.03	16d	1	1.17mi
953 Whitby Rd Cleveland, OH	3.0	2.0	1188	$1,575	$1.33	23d	1	1.24mi
1545 Glenmont Rd Unit 1 East Cleveland, OH	2.0	1.0	1428	$800	$0.56	23d	1	1.24mi
14120 Superior Rd Cleveland, OH	3.0	1.0	1390	$1,400	$1.01	43d	1	1.25mi
967 Selwyn Rd Cleveland, OH	3.0	1.5	1214	$1,595	$1.31	16d	1	1.29mi
2827 Avondale Ave Apt 2 Cleveland Heights, OH	3.0	1.0	1680	$1,275	$0.76	23d	1	1.36mi
14172 Superior Rd Unit 2 Cleveland Heights, OH	2.0	1.0	1446	$1,195	$0.83	23d	1	1.36mi
14172 Superior Rd Unit 1 Cleveland Heights, OH	3.0	1.0	1446	$1,295	$0.90	23d	1	1.36mi
1338 Lakeview Rd Unit Down Cleveland, OH	3.0	1.0	1000	$1,900	$1.90	23d	1	1.36mi
1605 Hillcrest Rd Cleveland, OH	2.0	1.0	1180	$1,245	$1.06	16d	1	1.37mi
2401 N Taylor Rd Cleveland, OH	3.0	1.0	1347	$1,325	$0.98	7d	1	1.40mi
1641 Coventry Rd Cleveland, OH	3.0	1.0	1848	$1,200	$0.65	16d	1	1.40mi
1635 Belmar Rd Unit 1 Cleveland Heights, OH	2.0	1.0	900	$1,200	$1.33	23d	1	1.40mi
1633 Eddington Rd Unit 1 Cleveland Heights, OH	3.0	1.0	1538	$1,100	$0.72	23d	1	1.40mi
1007 Elbon Rd Cleveland, OH	3.0	1.0	1386	$1,400	$1.01	10d	1	1.45mi
12511 Euclid Ave Cleveland, OH	2.0	2.5	1300	$1,400	$1.08	43d	1	1.49mi

Listing history 13 events

1. 2025-07-25
   status Pending
2. 2025-07-21
   listed $65,000 Active
3. 2023-10-19
   historical
4. 2023-05-31
   price $64,900
5. 2023-04-19
   listed $69,900 Active
6. 2023-03-01
   soldstatus $10,000 Closed 323-char remark

   Show marketing remark (323 chars)

   Great investment property located in East Cleveland. A great chance for an investor looking to build value. The property is being sold as is. Schedule your buyers for showing now! * * square footage/acreage is per Realist and is approximate. It is the Buyer's responsibility to verify any square footage/acreage numbers.

7. 2023-02-07
   status Pending 323-char remark

   Show marketing remark (323 chars)

   Great investment property located in East Cleveland. A great chance for an investor looking to build value. The property is being sold as is. Schedule your buyers for showing now! * * square footage/acreage is per Realist and is approximate. It is the Buyer's responsibility to verify any square footage/acreage numbers.

8. 2023-01-05
   price $20,000 323-char remark

   Show marketing remark (323 chars)

   Great investment property located in East Cleveland. A great chance for an investor looking to build value. The property is being sold as is. Schedule your buyers for showing now! * * square footage/acreage is per Realist and is approximate. It is the Buyer's responsibility to verify any square footage/acreage numbers.

9. 2022-11-22
   price $28,000 323-char remark

   Show marketing remark (323 chars)

   Great investment property located in East Cleveland. A great chance for an investor looking to build value. The property is being sold as is. Schedule your buyers for showing now! * * square footage/acreage is per Realist and is approximate. It is the Buyer's responsibility to verify any square footage/acreage numbers.

10. 2022-10-03
    price $35,000 323-char remark

    Show marketing remark (323 chars)

    Great investment property located in East Cleveland. A great chance for an investor looking to build value. The property is being sold as is. Schedule your buyers for showing now! * * square footage/acreage is per Realist and is approximate. It is the Buyer's responsibility to verify any square footage/acreage numbers.

11. 2022-09-21
    price $40,000 323-char remark

    Show marketing remark (323 chars)

    Great investment property located in East Cleveland. A great chance for an investor looking to build value. The property is being sold as is. Schedule your buyers for showing now! * * square footage/acreage is per Realist and is approximate. It is the Buyer's responsibility to verify any square footage/acreage numbers.

12. 2022-08-01
    listed $55,000 Active 323-char remark

    Show marketing remark (323 chars)

    Great investment property located in East Cleveland. A great chance for an investor looking to build value. The property is being sold as is. Schedule your buyers for showing now! * * square footage/acreage is per Realist and is approximate. It is the Buyer's responsibility to verify any square footage/acreage numbers.

13. 1971-12-01
    soldstatus $12,900

ⓘ 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: $1,105 · $92/mo
• Projected year-2 tax: $1,105 · $92/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 6/10 Major FEMA zone X (unshaded) · 58% 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 · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,602
• − Mortgage interest: −$3,641
• − Property taxes: −$1,105
• − Insurance: −$325
• − Repairs & maintenance: −$1,168
• − Management: −$1,168
• − Depreciation: −$1,891
• Taxable income: $5,304
• Est. tax owed @ 24.0%: −$1,273
• After-tax cash flow: $4,742/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: East Cleveland City School District
• NCES district ID: 3904390
• Math proficiency: 4% ▼ -16.00%
• Reading proficiency: 17% ▼ -13.00%
• Median HH income: $22,726
• Composite: 7.38/100
• National rank: #9954
• State rank: #652 of 656 in OH

Livability — East Cleveland

• Score: 66/100
• State rank: #650
• US rank: #11510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Cleveland, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 17,848
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 17,848
• Household income: $28,799
• Rent vs Own: 54.9% rent · 45.1% own
• Severe rent burden: 1702.0

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 Black (89%)
• Race & ethnicity: Black 89% White 7% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Lithuanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · French/Haitian/Cajun 3% Spanish 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: ▼ -115.61%
• Current HPI: 67.2162
• Rent YoY: ▲ 5.16%
• 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

+403.9% since first listed

13 events — show timeline

• 2025-07-25 Pending — MLSNOW
• 2025-07-21 Listed $65,000 MLSNOW
• 2023-10-19 Listing Removed — MLSNOW
• 2023-05-31 Price Changed $64,900 MLSNOW
• 2023-04-19 Listed $69,900 MLSNOW
• 2023-03-01 Sold (MLS) $10,000 MLSNOW
• 2023-02-07 Pending — MLSNOW
• 2023-01-05 Price Changed $20,000 MLSNOW
• 2022-11-22 Price Changed $28,000 MLSNOW
• 2022-10-03 Price Changed $35,000 MLSNOW
• 2022-09-21 Price Changed $40,000 MLSNOW
• 2022-08-01 Listed $55,000 MLSNOW
• 1971-12-01 Sold (Public Records) $12,900 Public Records

Property tax history

+10.5%/yr

Latest (2025): $1,105 · +6.2% YoY. Source: county tax records.