15852 Inglewood Ct · Strongsville, OH 44136

$355,000

4 bd · 3.0 ba · 2,534 sqft · SingleFamily public records · 3 Days on market

Built 1985 0.35 ac lot Est $433k · 18% under $35/mo HOA

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +6.7/10.0
• Livability +4.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

One Owner Spacious Ski Roof Split On A Quiet, Prime Spacious Cul De Sac Lot!! One Owner Home!! Oversized(572 sq ft) Attached Garage!! Basement!! Wooded Yard With Shed Backs To The Common Area!! Stone Wall Gas Fireplace In The Family Room!! First Floor Bedroom!! First Floor Utility Room!! All Appliances Including Washer And Dryer Stay!! Patio Off Family Room!! Deck Off Master Bedroom!! Master Bedroom Has Walk In Closet And Full Bath!! Wet Bar In Family Room!! Spacious Room Sizes!! Great Development!! Excellent Location Close To Schools-Transportation-Shopping!! Priced To Sell-Wont Last!!

Key facts

• Gas fireplace
• Wooded yard
• Cul de sac lot

Tags

• CUL DE SAC LOT
• OVERSIZED ATTACHED GARAGE
• WOODED YARD
• GAS FIREPLACE
• FIRST FLOOR BEDROOM
• FIRST FLOOR UTILITY ROOM

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $355k.

Deal economics

• At list price, monthly cash flow is $4k ($47k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($8k rent vs $355k).
• Cap rate 19.5% 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: schools A+, crime A+, amenities 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.
• Market conditions: 81 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• At $8,055/mo this rent would consume 103% of the median local household income ($94k/yr) — 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 $2k of loan paydown is wiped out by about $11k 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 + 3.0% rent growth), your $99k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $115k; list at $355k implies a 209% gain — meaningful room to come down on a strong offer.

Recommended offer $355,000

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 2.27% ✓
• Cap rate: 19.47%
• Cash-on-cash: 47.07%
• DSCR: 3.09
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $433,314
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15852 Inglewood Ct	0.00mi	4/2.5	2,534 (0%)	0mo	$375,500	$148	98
10141 Huntington Park Dr	0.07mi	4/2.5	2,452 (-3%)	9mo	$451,000	$184	82
9608 Downers Grove Ct	0.11mi	4/3.5	2,573 (+2%)	10mo	$454,900	$177	82
9898 Lakeview Cir	0.53mi	4/2.5	2,394 (-6%)	0mo	$395,000	$165	64
10184 Versailles Dr	0.38mi	4/2.5	2,673 (+6%)	12mo	$455,000	$170	61
9322 Rainier Ct	0.32mi	3/4.0 (-1)	2,292 (-10%)	3mo	$485,000	$212	58
15390 Highland Park	0.18mi	5/3.5 (+1)	2,815 (+11%)	16mo	$352,000	$125	52
16097 N Laguardia	0.25mi	4/2.5	2,248 (-11%)	18mo	$385,000	$171	52
9694 Nicole Cir	0.64mi	4/2.5	2,612 (+3%)	15mo	$660,000	$253	51
9707 Huntington Park Dr	0.22mi	5/3.0 (+1)	2,840 (+12%)	17mo	$390,000	$137	50
16519 Albion Rd	0.58mi	5/3.0 (+1)	2,792 (+10%)	6mo	$425,000	$152	46
15412 Dewitt Dr	0.48mi	4/2.5	2,274 (-10%)	18mo	$390,000	$172	43

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: 44.4%
• Equity multiple: 2.92×
• Total profit: $190,953
• Equity at exit: $52,932

10-year hold

• IRR: 50.4%
• Equity multiple: 5.90×
• Total profit: $486,590
• Equity at exit: $30,694

Cash invested: $99,400 (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 44136

• Active inventory: 81
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $8,055 medium
• Mortgage (P&I): −$1,862
• Tax from tax record: −$420 /mo · $5,035/yr
• Insurance: −$148
• HOA: −$35
• Vacancy / Maint / Mgmt: −$1,692
• Net cashflow: $3,899

Break-even live

Break-even rent $3,119

Max offer price $355,000

Occupancy floor 47%

Sensitivity live

Price	-10% $4,100	-5% $4,000	+0% $3,899	+5% $3,799	+10% $3,698
Rent	-10% $3,263	-5% $3,581	+0% $3,899	+5% $4,218	+10% $4,536
Rate	-1.0pp $4,078	-0.5pp $3,990	base $3,899	+0.5pp $3,807	+1.0pp $3,714

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: $88,750
• Closing costs: $10,650
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8040 Strongsville Blvd Unit 1496063P Strongsville, OH	3.0	2.0	1980	$8,055	$4.07	22d	1	1.37mi

HOA detail

• Monthly dues: $35 · $420/yr
• Likely covers: gas

Listing history 4 events

1. 2026-04-17
   status Pending
2. 2026-04-13
   listed $355,000 Active
3. 1985-08-27
   soldstatus $115,000
4. 1985-04-12
   soldstatus $19,000

ⓘ 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: $5,035 · $420/mo
• Projected year-2 tax: $5,286 · $441/mo
• Expected delta: +$252/yr (+$21/mo · 5.0%)

ⓘ 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: $96,660
• − Mortgage interest: −$19,886
• − Property taxes: −$5,035
• − Insurance: −$1,775
• − Repairs & maintenance: −$7,733
• − Management: −$7,733
• − HOA: −$420
• − Depreciation: −$10,327
• Taxable income: $43,752
• Est. tax owed @ 24.0%: −$10,500
• After-tax cash flow: $36,291/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): 25,068
• Household income: $93,713
• Rent vs Own: 28.1% rent · 71.9% own
• Severe rent burden: 8.9

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 (81%)
• Race & ethnicity: White 81% Asian 11% Two or more races 3% Hispanic / Latino 3% Black 3%
• Common ancestry: Romanian 10% Subsaharan African 3% Slovak 2%
• Foreign-born: 15% · Canada, China, Vietnam
• Languages at home: 82% English-only · Other Indo-European 7% Arabic 3% Russian/Polish/Slavic 2%

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: ▼ -188.78%
• Current HPI: 205.4425
• 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

+1768.4% since first listed

4 events — show timeline

• 2026-04-17 Pending — MLSNOW
• 2026-04-13 Listed $355,000 MLSNOW
• 1985-08-27 Sold (Public Records) $115,000 Public Records
• 1985-04-12 Sold (Public Records) $19,000 Public Records

Property tax history

+3.2%/yr

Latest (2025): $5,035 · -0.3% YoY. Source: county tax records.