5175 Cheltenham Blvd · Lyndhurst, OH 44124

$229,900

3 bd · 1.5 ba · 1,353 sqft · SingleFamily public records · 4 Days on market

Built 1953 0.29 ac lot $170/sqft · at area comps Est $220k · at est.

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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).

• Cash flow +15.4/30.0
• ARV discount +5.5/15.0
• 1% rule +4.8/10.0
• DSCR +4.7/10.0
• Livability +4.1/5.0
• Rent growth +3.6/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Immaculate, move-in ready 3 bedroom, 2 bathroom home in a quiet neighborhood. Huge lot for outdoor enjoyment. So many updates already completed for you. Remodeled kitchen 2019, remodeled bathrooms 2019, AC 2019, Water tank 2019, Furnace 2014, garage roof and siding 2019, most windows replaced 2019, electrical panel 2019, house roof 2008. Great care taken in getting this home ready for it's next owner. Schedule your private showing to see for yourself!

Key facts

• Flexible layout
• New gutters
• Updated cape cod

Tags

• UPDATED CAPE COD
• FLEXIBLE LAYOUT
• HARDWOOD FLOORS
• EXPANSIVE UPSTAIRS SPACE
• NEW ROOF
• NEW GUTTERS

Property features AI

Finance

• HOA & community: Public transportation nearby

Exterior

• Parking: Detached, paved garage; 2-car garage
• Utilities: Public water; Public sewer
• Home design: Two-story property; Entry and main living on main level
• Construction: Aluminum siding and brick exterior; Asphalt/fiberglass roof; Built (year from public records)
• Exterior features: Irregular lot; Lot dimensions approximately 48 x 259; South-facing

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom; 1 half bathroom; 1 main-level bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Full, partially finished basement
• Laundry & utility: Washer and dryer in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $88 ($1k/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 $226k (1.6% below list).
• Recommended offer: $226k (1.6% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 5.5% in Lyndhurst — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 82/100 on livability (#76 in OH, #1,152 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, commute F.
• South Euclid-Lyndhurst City (suburban): math 23% / reading 45% proficiency, ranked #556 of 656 in OH (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Sunview Elementary School (math 57% / reading 47%, grade C-, #851 of 1,584 statewide, top 56%, 359 students, 36% FRL); Memorial Junior High School (math 19% / reading 45%, grade F, #559 of 654 statewide, top 87%, 497 students, 51% FRL); Brush High School (math 32% / reading 47%, grade F, #528 of 781 statewide, top 71%, 1,041 students, 44% FRL) — zoned schools at 44% FRL track the district average.
• Market conditions: Rents rising fast (+4.5%/yr); 179 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 33% of the median local income ($82k/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 $2k of loan paydown is wiped out by about $7k 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 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 6y 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 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $226,211 (1.6% below list)

Questions for the listing agent

1. Built in 1953 — 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 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. 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: 0.98% ✗
• Cap rate: 6.75%
• Cash-on-cash: 1.64%
• DSCR: 1.07
• GRM: 8.5

CMA / ARV

• ARV (median comp): $219,942
• List price: $229,900
• Delta: 4.53%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5175 Cheltenham Blvd	0.00mi	3/1.5	1,353 (0%)	0mo	$260,000	$192	100
1520 Jaeger Dr	0.27mi	3/2.0	1,326 (-2%)	1mo	$206,000	$155	81
5255 Haverford Dr	0.21mi	3/1.0	1,235 (-9%)	1mo	$217,500	$176	73
5372 Huron Rd	0.37mi	3/2.0	1,454 (+8%)	1mo	$232,300	$160	67
1547 Richmond Rd	0.25mi	3/1.5	1,526 (+13%)	1mo	$258,000	$169	66
5115 Oakmont Dr	0.23mi	3/2.0	1,180 (-13%)	0mo	$249,000	$211	66
5363 Summit Rd	0.37mi	3/2.0	1,218 (-10%)	0mo	$192,500	$158	64
5115 Eastover Rd	0.45mi	2/2.0 (-1)	1,268 (-6%)	1mo	$295,000	$233	61
1367 Churchill Rd	0.63mi	3/2.0	1,251 (-8%)	0mo	$215,000	$172	56
1608 Sunview Rd	0.56mi	3/2.0	1,224 (-10%)	1mo	$272,000	$222	55
1342 Beaconfield Rd	0.74mi	3/2.0	1,434 (+6%)	1mo	$300,000	$209	53
1371 Cranover Rd	0.65mi	3/1.5	1,512 (+12%)	1mo	$212,500	$141	50

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 · 4.45% rent growth · sell at horizon

5-year hold

• IRR: -11.9%
• Equity multiple: 0.56×
• Total profit: $-28,216
• Equity at exit: $34,279

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-2,809
• Equity at exit: $19,878

Cash invested: $64,372 (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 44124

• Rents YoY: 4.5%
• Active inventory: 179
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,262 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$398 /mo · $4,775/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$475
• Net cashflow: $88

Break-even live

Break-even rent $2,151

Max offer price $229,900

Occupancy floor 91%

Sensitivity live

Price	-10% $218	-5% $153	+0% $88	+5% $23	+10% $-42
Rent	-10% $-91	-5% $-2	+0% $88	+5% $177	+10% $266
Rate	-1.0pp $204	-0.5pp $146	base $88	+0.5pp $28	+1.0pp $-32

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: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1547 Commodore Rd Cleveland, OH	3.0	1.0	980	$1,795	$1.83	16d	1	0.40mi
1270 Roland Rd Cleveland, OH	4.0	2.0	1720	$2,450	$1.42	45d	1	0.67mi
1620 Brainard Rd Cleveland, OH	3.0	1.5	1501	$2,275	$1.52	16d	1	0.83mi
1207 Churchill Rd Cleveland, OH	3.0	2.0	1134	$1,895	$1.67	25d	1	0.86mi
4994 N Sedgewick Rd Cleveland, OH	3.0	1.5	1400	$3,000	$2.14	45d	1	0.87mi
2112 Acacia Park Dr #220 Cleveland, OH	2.0	2.0	1222	$1,700	$1.39	45d	1	0.98mi
27200 Cedar Rd Beachwood, OH	1.0–2.0	1.0–2.0	782	$5,521	$7.06	3d	1	1.11mi
27040 Cedar Rd Beachwood, OH	3.0	1.0–2.5	845	$1,881	$2.22	3d	99	1.22mi
24111 Edgehill Dr Beachwood, OH	4.0	2.5	1735	$2,750	$1.59	9d	1	1.37mi
26600 George Zeiger Dr Beachwood, OH	1.0–3.0	1.0–3.0	1734	$5,375	$3.10	3d	40	1.38mi
24113 E Silsby Rd Beachwood, OH	4.0	2.5	1650	$2,700	$1.64	3d	1	1.47mi
26101 Village Ln #107 Beachwood, OH	2.0	2.0	1276	$2,500	$1.96	3d	1	1.47mi
1344 S Green Rd Cleveland, OH	3.0	1.0	1076	$1,150	$1.07	18d	1	1.48mi
26900 Amhearst Cir Beachwood, OH	1.0–2.0	1.0–2.0	1070	$2,460	$2.30	3d	13	1.50mi

Listing history 7 events

1. 2026-05-04
   status Pending 1119-char remark
2. 2026-04-30
   listed $229,900 Active 1119-char remark
3. 2020-05-15
   soldstatus $137,000 Closed 455-char remark

   Show marketing remark (455 chars)

   Immaculate, move-in ready 3 bedroom, 2 bathroom home in a quiet neighborhood. Huge lot for outdoor enjoyment. So many updates already completed for you. Remodeled kitchen 2019, remodeled bathrooms 2019, AC 2019, Water tank 2019, Furnace 2014, garage roof and siding 2019, most windows replaced 2019, electrical panel 2019, house roof 2008. Great care taken in getting this home ready for it's next owner. Schedule your private showing to see for yourself!

4. 2020-05-15
   soldstatus $137,000

   Show marketing remark (455 chars)

   Immaculate, move-in ready 3 bedroom, 2 bathroom home in a quiet neighborhood. Huge lot for outdoor enjoyment. So many updates already completed for you. Remodeled kitchen 2019, remodeled bathrooms 2019, AC 2019, Water tank 2019, Furnace 2014, garage roof and siding 2019, most windows replaced 2019, electrical panel 2019, house roof 2008. Great care taken in getting this home ready for it's next owner. Schedule your private showing to see for yourself!

5. 2020-03-27
   status Pending 455-char remark

   Show marketing remark (455 chars)

   Immaculate, move-in ready 3 bedroom, 2 bathroom home in a quiet neighborhood. Huge lot for outdoor enjoyment. So many updates already completed for you. Remodeled kitchen 2019, remodeled bathrooms 2019, AC 2019, Water tank 2019, Furnace 2014, garage roof and siding 2019, most windows replaced 2019, electrical panel 2019, house roof 2008. Great care taken in getting this home ready for it's next owner. Schedule your private showing to see for yourself!

6. 2020-03-20
   historical Contingent 455-char remark

   Show marketing remark (455 chars)

   Immaculate, move-in ready 3 bedroom, 2 bathroom home in a quiet neighborhood. Huge lot for outdoor enjoyment. So many updates already completed for you. Remodeled kitchen 2019, remodeled bathrooms 2019, AC 2019, Water tank 2019, Furnace 2014, garage roof and siding 2019, most windows replaced 2019, electrical panel 2019, house roof 2008. Great care taken in getting this home ready for it's next owner. Schedule your private showing to see for yourself!

7. 2020-03-18
   listed $136,900 Active 455-char remark

   Show marketing remark (455 chars)

   Immaculate, move-in ready 3 bedroom, 2 bathroom home in a quiet neighborhood. Huge lot for outdoor enjoyment. So many updates already completed for you. Remodeled kitchen 2019, remodeled bathrooms 2019, AC 2019, Water tank 2019, Furnace 2014, garage roof and siding 2019, most windows replaced 2019, electrical panel 2019, house roof 2008. Great care taken in getting this home ready for it's next owner. Schedule your private showing to see for yourself!

ⓘ 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: $4,775 · $398/mo
• Projected year-2 tax: $4,775 · $398/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,145
• − Mortgage interest: −$12,878
• − Property taxes: −$4,775
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,172
• − Management: −$2,172
• − Depreciation: −$6,688
• Taxable loss: −$2,688
• Est. tax savings @ 24.0%: +$645
• After-tax cash flow: $1,698/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: South Euclid-Lyndhurst City
• NCES district ID: 3904479
• Math proficiency: 23% ▼ -22.00%
• Reading proficiency: 45% ▼ -11.00%
• Median HH income: $61,244
• Composite: 30.51/100
• National rank: #6212
• State rank: #556 of 656 in OH

Livability — Lyndhurst

• Score: 82/100
• State rank: #76
• US rank: #1152

Category grades

Amenities C- 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: Lyndhurst, OH
• County: Cuyahoga County · 1,090,369 people
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 39,779
• Household income: $82,392
• Rent vs Own: 35.6% rent · 64.4% own
• Severe rent burden: 1286.0

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 (69%)
• Race & ethnicity: White 69% Black 15% Two or more races 7% Asian 6% Hispanic / Latino 4%
• Common ancestry: Romanian 6% Scotch-Irish 4% Lithuanian 3%
• Foreign-born: 14% · Canada, China, Vietnam
• Languages at home: 84% English-only · Russian/Polish/Slavic 4% Other Indo-European 4% Spanish 3%

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: ▼ -212.96%
• Current HPI: 164.108
• Rent YoY: ▲ 4.45%
• 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

+89.9% since first listed

8 events — show timeline

• 2026-06-08 Sold (MLS) $260,000 MLSNOW
• 2026-05-04 Pending — MLSNOW
• 2026-04-30 Listed $229,900 MLSNOW
• 2020-05-15 Sold (Public Records) $137,000 Public Records
• 2020-05-15 Sold (MLS) $137,000 MLSNOW
• 2020-03-27 Pending — MLSNOW
• 2020-03-20 Contingent — MLSNOW
• 2020-03-18 Listed $136,900 MLSNOW

Property tax history

+8.8%/yr

Latest (2025): $4,775 · +11.2% YoY. Source: county tax records.