1712 E 300th St · Wickliffe, OH 44092

$135,000

2 bd · 2.0 ba · 1,269 sqft · SingleFamily public records · 4 Days on market

Built 1940 0.31 ac lot $106/sqft · 29% below area Est $190k · 29% under

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Why this score? — see what drove the C- 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 +13.4/30.0
• 1% rule +5.1/10.0
• Schools +4.6/10.0
• Rent growth +4.5/5.0
• DSCR +4.1/10.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

They don't build homes like this anymore. This 1940 Solid Old Style colonial has beautiful woodwork and built-ins in the formal dining room. Spacious living room features a wood burning fireplace. Hardwood floors throughout this almost 1300sq. ft. home. Large backyard with 2 car detached garage with plenty of privacy as there is a house of worship adjacent to the property. Close to restaurants, shopping, and medical offices. Easy access to either Route 2 or I-90 freeways.

Key facts

• Natural woodwork
• Original built-ins
• Large backyard

Tags

• NATURAL WOODWORK
• ORIGINAL BUILT-INS
• WOOD-BURNING FIREPLACE
• HARDWOOD FLOORS
• LARGE BACKYARD
• ENCLOSED FRONT PORCH

Property features AI

Finance

• HOA & community: Nearby medical services, shopping, street lights and sidewalks

Exterior

• Parking: Detached paved garage; 2 garage spaces
• Utilities: Public water; Public sewer
• Home design: 2-story house; Above-grade finished area documented (per assessor)
• Construction: Wood siding; Asphalt/fiberglass roof
• Exterior features: Enclosed patio/porch; Patio; Porch; Chain link fencing

Interior

• Kitchen: Range; Dishwasher
• Bedrooms: Total of 5 rooms (includes bedrooms and living spaces)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (gas); Central air conditioning
• Interior features: Built-in features; Crown molding; Wood-burning fireplace
• Laundry & utility: Washer and dryer in basement/lower level

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $4 ($45/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Cap rate 6.3% vs local median 4.9% in Wickliffe — 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 82/100 on livability (#85 in OH, #1,236 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities C-, commute F.
• Wickliffe City (suburban): math 48% / reading 60% proficiency, ranked #386 of 656 in OH (top 59%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+8.0%/yr); 63 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 448 units permitted in Lake County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Lake 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.
• 3 sale attempts since 9y 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: property tax is 2.7% of price; built in 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $135,000

Questions for the listing agent

1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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: 1.01% ✓
• Cap rate: 6.33%
• Cash-on-cash: 0.12%
• DSCR: 1.01
• GRM: 8.3

CMA / ARV

• ARV (median comp): $189,839
• List price: $135,000
• Delta: -28.89%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1824 Robindale St	0.33mi	3/2.0 (+1)	1,316 (+4%)	4mo	$180,000	$137	71
1540 E 298th St	0.24mi	3/1.5 (+1)	1,350 (+6%)	2mo	$165,000	$122	69
1671 Eldon Dr	0.35mi	3/1.5 (+1)	1,302 (+3%)	5mo	$221,600	$170	68
1821 Kennedy Dr	0.16mi	3/1.5 (+1)	1,400 (+10%)	8mo	$274,000	$196	62
37 Arlington Cir	0.72mi	3/2.0 (+1)	1,269 (0%)	0mo	$225,000	$177	61
1845 Kennedy Dr	0.19mi	3/2.5 (+1)	1,408 (+11%)	7mo	$282,500	$201	60
1834 Robindale St	0.33mi	3/1.5 (+1)	1,392 (+10%)	5mo	$165,000	$119	58
1857 Empire Rd	0.55mi	3/2.0 (+1)	1,381 (+9%)	8mo	$265,000	$192	48
1731 Silver St	0.62mi	3/1.0 (+1)	1,376 (+8%)	1mo	$215,000	$156	47
1818 Rush Rd	0.44mi	3/2.0 (+1)	1,102 (-13%)	8mo	$245,000	$222	46
1950 Rush Rd	0.58mi	3/1.5 (+1)	1,414 (+11%)	9mo	$206,025	$146	40
1807 E 294th St	0.58mi	3/1.5 (+1)	1,088 (-14%)	3mo	$181,500	$167	39

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -9.8%
• Equity multiple: 0.62×
• Total profit: $-14,327
• Equity at exit: $20,129

10-year hold

• IRR: 6.0%
• Equity multiple: 1.56×
• Total profit: $21,057
• Equity at exit: $11,672

Cash invested: $37,800 (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 44092

• Rents YoY: 8.0%
• Active inventory: 63
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,363 high
• Mortgage (P&I): −$708
• Tax from tax record: −$309 /mo · $3,709/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $4

Break-even live

Break-even rent $1,359

Max offer price $135,000

Occupancy floor 95%

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
30050 Euclid Ave Unit A2 Wickliffe, OH	2.0	1.0	1036	$1,350	$1.30	43d	1	0.22mi
30446 Euclid Ave Wickliffe, OH	2.0	1.5	1044	$1,350	$1.29	43d	1	0.62mi
30620 Euclid Ave Wickliffe, OH	2.0	1.0	1500	$1,500	$1.00	3d	1	0.89mi
2250 Par Ln Willoughby Hills, OH	2.0–3.0	2.0–2.5	1375	$1,840	$1.34	1d	15	1.11mi
31621 N Marginal Dr Unit B Willowick, OH	3.0	1.5	1200	$1,550	$1.29	3d	1	1.13mi
2252 Par Ln Willoughby Hills, OH	1.0–3.0	1.0–2.0	1046	$1,330	$1.27	1d	36	1.15mi
29103 Barjode Rd Willowick, OH	3.0	2.0	1116	$1,950	$1.75	19d	1	1.16mi
29210 Green Dr Willowick, OH	3.0	1.0	1002	$1,700	$1.70	1d	1	1.40mi

Listing history 11 events

1. 2026-05-03
   status Pending 623-char remark
2. 2026-04-29
   listed $135,000 Active 623-char remark
3. 2018-07-17
   soldstatus $98,000
4. 2018-07-16
   soldstatus $98,000 Sold 476-char remark

   Show marketing remark (476 chars)

   They don't build homes like this anymore. This 1940 Solid Old Style colonial has beautiful woodwork and built-ins in the formal dining room. Spacious living room features a wood burning fireplace. Hardwood floors throughout this almost 1300sq. ft. home. Large backyard with 2 car detached garage with plenty of privacy as there is a house of worship adjacent to the property. Close to restaurants, shopping, and medical offices. Easy access to either Route 2 or I-90 freeways.

5. 2018-07-13
   status Pending 476-char remark

   Show marketing remark (476 chars)

   They don't build homes like this anymore. This 1940 Solid Old Style colonial has beautiful woodwork and built-ins in the formal dining room. Spacious living room features a wood burning fireplace. Hardwood floors throughout this almost 1300sq. ft. home. Large backyard with 2 car detached garage with plenty of privacy as there is a house of worship adjacent to the property. Close to restaurants, shopping, and medical offices. Easy access to either Route 2 or I-90 freeways.

6. 2018-06-04
   historical Contingent 476-char remark

   Show marketing remark (476 chars)

   They don't build homes like this anymore. This 1940 Solid Old Style colonial has beautiful woodwork and built-ins in the formal dining room. Spacious living room features a wood burning fireplace. Hardwood floors throughout this almost 1300sq. ft. home. Large backyard with 2 car detached garage with plenty of privacy as there is a house of worship adjacent to the property. Close to restaurants, shopping, and medical offices. Easy access to either Route 2 or I-90 freeways.

7. 2018-03-21
   status Active 476-char remark

   Show marketing remark (476 chars)

   They don't build homes like this anymore. This 1940 Solid Old Style colonial has beautiful woodwork and built-ins in the formal dining room. Spacious living room features a wood burning fireplace. Hardwood floors throughout this almost 1300sq. ft. home. Large backyard with 2 car detached garage with plenty of privacy as there is a house of worship adjacent to the property. Close to restaurants, shopping, and medical offices. Easy access to either Route 2 or I-90 freeways.

8. 2018-03-12
   historical Contingent 476-char remark

   Show marketing remark (476 chars)

   They don't build homes like this anymore. This 1940 Solid Old Style colonial has beautiful woodwork and built-ins in the formal dining room. Spacious living room features a wood burning fireplace. Hardwood floors throughout this almost 1300sq. ft. home. Large backyard with 2 car detached garage with plenty of privacy as there is a house of worship adjacent to the property. Close to restaurants, shopping, and medical offices. Easy access to either Route 2 or I-90 freeways.

9. 2018-01-15
   price $104,000 476-char remark

   Show marketing remark (476 chars)

   They don't build homes like this anymore. This 1940 Solid Old Style colonial has beautiful woodwork and built-ins in the formal dining room. Spacious living room features a wood burning fireplace. Hardwood floors throughout this almost 1300sq. ft. home. Large backyard with 2 car detached garage with plenty of privacy as there is a house of worship adjacent to the property. Close to restaurants, shopping, and medical offices. Easy access to either Route 2 or I-90 freeways.

10. 2017-10-30
    listed $109,000 Active 476-char remark

    Show marketing remark (476 chars)

    They don't build homes like this anymore. This 1940 Solid Old Style colonial has beautiful woodwork and built-ins in the formal dining room. Spacious living room features a wood burning fireplace. Hardwood floors throughout this almost 1300sq. ft. home. Large backyard with 2 car detached garage with plenty of privacy as there is a house of worship adjacent to the property. Close to restaurants, shopping, and medical offices. Easy access to either Route 2 or I-90 freeways.

11. 1989-06-27
    soldstatus $74,000

ⓘ 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: $3,709 · $309/mo
• Projected year-2 tax: $3,709 · $309/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 3/10 Moderate 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,360
• − Mortgage interest: −$7,562
• − Property taxes: −$3,709
• − Insurance: −$675
• − Repairs & maintenance: −$1,309
• − Management: −$1,309
• − Depreciation: −$3,927
• Taxable loss: −$2,131
• Est. tax savings @ 24.0%: +$511
• After-tax cash flow: $556/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: Wickliffe City
• NCES district ID: 3904508
• Math proficiency: 48% ▼ -14.00%
• Reading proficiency: 60% ▼ -8.00%
• Median HH income: $48,233
• Composite: 45.89/100
• National rank: #2551
• State rank: #386 of 656 in OH

Livability — Wickliffe

• Score: 82/100
• State rank: #85
• US rank: #1236

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wickliffe, OH
• County: Lake County · 204,927 people
• City population: 17,587
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 17,587
• Household income: $70,801
• Rent vs Own: 36.3% rent · 63.7% own
• Severe rent burden: 572.0

Population outlook (Lake County) Hauer SSP2

• Today (2025): 230,022 people
• By 2030: 228,151 · -0.8%
• By 2040: 221,018 · -3.9%
• By 2050: 212,754 · -7.5%
• By 2075: 200,309 · -12.9%
• By 2100: 183,315 · -20.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Black 12% Two or more races 4% Hispanic / Latino 3% Asian 2%
• Common ancestry: Romanian 4% Scotch-Irish 2% Iranian 2%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 93% English-only · Russian/Polish/Slavic 3% Spanish 1% Other Indo-European 1%

Political lean MEDSL · Lake

• 2024 margin: R (+14.3) · D 42.4% · R 56.7%
• 2008→2024 swing: -15.2pp toward R · 2008: 0.8pp · 2024: -14.3pp
• All cycles: 2024: R+14.3 2020: R+13.6 2016: R+15.6 2012: R+1.7 2008: D+0.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -126.67%
• Current HPI: 161.3288
• Rent YoY: ▲ 8.03%
• 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

+98.6% since first listed

12 events — show timeline

• 2026-05-28 Sold (Public Records) $147,000 Public Records
• 2026-05-03 Pending — MLSNOW
• 2026-04-29 Listed $135,000 MLSNOW
• 2018-07-17 Sold (Public Records) $98,000 Public Records
• 2018-07-16 Sold (MLS) $98,000 MLSNOW
• 2018-07-13 Pending — MLSNOW
• 2018-06-04 Contingent — MLSNOW
• 2018-03-21 Relisted — MLSNOW
• 2018-03-12 Contingent — MLSNOW
• 2018-01-15 Price Changed $104,000 MLSNOW
• 2017-10-30 Listed $109,000 MLSNOW
• 1989-06-27 Sold (Public Records) $74,000 Public Records

Property tax history

+2.1%/yr

Latest (2025): $3,709 · +7.4% YoY. Source: county tax records.