1381 S Green Rd · South Euclid, OH 44121

$165,000

3 bd · 1.5 ba · 1,671 sqft · SingleFamily public records · 15 Days on market

Built 1920 5,998 sqft lot Est $236k · 30% 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).

• Cash flow +18.0/30.0
• ARV discount +15.0/15.0
• DSCR +5.6/10.0
• 1% rule +5.5/10.0
• Livability +4.4/5.0
• Rent growth +4.2/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 3 Bedrooms, 1.5 Baths Cape Cod. Beautiful Architectural Details. Bonus Room / Office on the 1st floor Hardwood floors Throughout the house. Large Living Room w/ Built-in Shelving. Formal Dining Room Featuring Additional Built-in Shelving w/ Adjoining Office//Additional Bedroom. Enclosed Front Balcony. Crown Molding throughout the First Floor. Updated Eat-in Kitchen and Half Bath. Fenced- in Backyard. Newer HVAC and ductwork Installed to Replace Radiator System for Low Maintenance Heating(2020). New Hot water tank(2021). Buyer to Assume city POS report . Needs a little TLC.

Key facts

• 5,998 sq ft lot
• Parking
• Built 1920

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Gas heating
• Home design: Two-story home; Vinyl siding exterior; Asphalt/fiberglass roof
• Construction: Vinyl siding construction; Asphalt/Fiberglass roof; Built (year per public records)
• Exterior features: Enclosed porch; Patio; Porch; Shed; Chain link fence

Interior

• Kitchen: Range; Microwave; Dishwasher; Refrigerator
• Bedrooms: Main level bedroom (1); Second level bedrooms (multiple)
• Flooring: Wood flooring in most main rooms and bedrooms
• Bathrooms: 1 full bathroom; 1 half bathroom; One main level bathroom
• Heating & cooling: Forced air heating (gas)
• Interior features: Full unfinished basement; Enclosed porch; Patio; Porch; Shed; Chain link fence; Fireplace (1)
• Laundry & utility: Washer; Dryer; Laundry on lower level

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $141 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $163k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 5.9% in South Euclid — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 88/100 on livability (#22 in OH, #207 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+.
• 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.
• Market conditions: Rents rising fast (+6.8%/yr); 148 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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

• It's been on market 15 days — a 2% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 5 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.
• Current owner paid $115k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $162,525 (1.5% below list)

Questions for the listing agent

1. Built in 1920 — 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. 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: 1.05% ✓
• Cap rate: 7.32%
• Cash-on-cash: 3.65%
• DSCR: 1.16
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $235,611
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1381 S Green Rd	0.00mi	4/1.5 (+1)	1,671 (0%)	1mo	$156,500	$94	94
4531 Ardendale Rd	0.40mi	3/1.5	1,697 (+2%)	2mo	$265,000	$156	77
1393 Dorsh Rd	0.50mi	3/2.0	1,672 (+0%)	0mo	$225,000	$135	74
4381 Lucille Ave	0.44mi	3/1.5	1,608 (-4%)	2mo	$227,000	$141	72
1551 Westdale Rd	0.59mi	3/2.0	1,685 (+1%)	0mo	$240,000	$142	69
1494 Laclede Rd	0.51mi	3/1.5	1,596 (-4%)	1mo	$196,000	$123	68
4784 Burger Rd	0.71mi	3/1.5	1,686 (+1%)	2mo	$242,500	$144	64
1503 Sheridan Rd	0.43mi	3/1.5	1,510 (-10%)	1mo	$237,500	$157	63
1771 S Green Rd	0.73mi	3/1.5	1,638 (-2%)	2mo	$160,000	$98	61
4776 Burger Rd	0.69mi	4/1.5 (+1)	1,657 (-1%)	1mo	$155,000	$94	61
1166 Argonne Rd	0.73mi	4/1.5 (+1)	1,700 (+2%)	1mo	$265,000	$156	58
4345 W Anderson Rd	0.74mi	4/2.0 (+1)	1,494 (-11%)	1mo	$195,000	$131	40

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 · 6.85% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.77×
• Total profit: $-10,716
• Equity at exit: $24,602

10-year hold

• IRR: 8.1%
• Equity multiple: 1.73×
• Total profit: $33,542
• Equity at exit: $14,266

Cash invested: $46,200 (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 44121

• Rents YoY: 6.8%
• Active inventory: 148
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,735 high
• Mortgage (P&I): −$865
• Tax from tax record: −$296 /mo · $3,547/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $141

Break-even live

Break-even rent $1,556

Max offer price $165,000

Occupancy floor 87%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1344 S Green Rd Cleveland, OH	3.0	1.0	1076	$1,150	$1.07	16d	1	0.11mi
1405 Villa Dr Cleveland, OH	4.0	1.5	1480	$1,790	$1.21	16d	1	0.57mi
1420 Villa Dr Cleveland, OH	3.0	2.0	1600	$1,550	$0.97	43d	1	0.59mi
4409 Adrian Rd Cleveland, OH	4.0	2.5	1542	$1,855	$1.20	1d	1	0.61mi
1462 Felton Rd Cleveland, OH	3.0	1.0	1222	$1,500	$1.23	16d	1	0.68mi
1599 Felton Rd Cleveland, OH	3.0	1.5	1248	$1,650	$1.32	43d	1	0.75mi
1478 Sherbrook Rd Cleveland, OH	3.0	1.0	1170	$1,195	$1.02	43d	1	0.82mi
4093 Bexley Blvd Cleveland, OH	3.0	1.5	1890	$1,650	$0.87	7d	1	0.89mi
4166 Ellison Rd Cleveland, OH	3.0	2.0	1131	$1,695	$1.50	2d	1	0.89mi
963 Chelston Rd Cleveland, OH	4.0	2.0	1974	$1,950	$0.99	43d	1	0.90mi
4165 Harwood Rd Cleveland, OH	4.0	2.0	1608	$1,950	$1.21	43d	1	0.92mi
4241 Bayard Rd Cleveland, OH	3.0	2.0	1350	$1,995	$1.48	23d	1	0.93mi
1497 S Noble Rd Cleveland, OH	4.0	1.0	1250	$2,650	$2.12	1d	1	1.05mi
2868 Noble Rd Cleveland, OH	3.0	1.5	1200	$1,250	$1.04	23d	1	1.06mi
4994 N Sedgewick Rd Cleveland, OH	3.0	1.5	1400	$3,000	$2.14	43d	1	1.07mi
2868 Noble Rd Unit 16 Cleveland Heights, OH	3.0	1.5	1200	$1,750	$1.46	1d	1	1.07mi
3917 Bluestone Rd Cleveland, OH	4.0	1.5	1700	$1,650	$0.97	21d	1	1.17mi
1462 Parkhill Rd Cleveland, OH	4.0	1.0	1451	$1,950	$1.34	1d	1	1.26mi
3810 Parkdale Rd Cleveland, OH	3.0	1.5	1281	$2,067	$1.61	2d	1	1.26mi
3808 Kirkwood Rd Cleveland, OH	4.0	1.5	1740	$2,150	$1.24	14d	1	1.30mi
4055 Verona Rd Unit 1496083P South Euclid, OH	3.0	3.0	1065	$5,069	$4.76	14d	1	1.32mi
1584 Maple Rd Cleveland, OH	3.0	2.0	1359	$1,700	$1.25	23d	1	1.38mi
4070 Wyncote Rd Cleveland, OH	3.0	2.0	1233	$1,749	$1.42	2d	1	1.39mi
3830 Berkeley Rd Cleveland, OH	3.0	1.5	1318	$1,800	$1.37	23d	1	1.47mi

Listing history 17 events

1. 2026-05-05
   status Pending
2. 2026-04-23
   historical Contingent
3. 2026-04-20
   listed $165,000 Active
4. 2022-05-03
   soldstatus $115,000 Closed 589-char remark

   Show marketing remark (589 chars)

   Beautiful 3 Bedrooms, 1.5 Baths Cape Cod. Beautiful Architectural Details. Bonus Room / Office on the 1st floor Hardwood floors Throughout the house. Large Living Room w/ Built-in Shelving. Formal Dining Room Featuring Additional Built-in Shelving w/ Adjoining Office//Additional Bedroom. Enclosed Front Balcony. Crown Molding throughout the First Floor. Updated Eat-in Kitchen and Half Bath. Fenced- in Backyard. Newer HVAC and ductwork Installed to Replace Radiator System for Low Maintenance Heating(2020). New Hot water tank(2021). Buyer to Assume city POS report . Needs a little TLC.

5. 2022-05-03
   soldstatus $115,000

   Show marketing remark (589 chars)

   Beautiful 3 Bedrooms, 1.5 Baths Cape Cod. Beautiful Architectural Details. Bonus Room / Office on the 1st floor Hardwood floors Throughout the house. Large Living Room w/ Built-in Shelving. Formal Dining Room Featuring Additional Built-in Shelving w/ Adjoining Office//Additional Bedroom. Enclosed Front Balcony. Crown Molding throughout the First Floor. Updated Eat-in Kitchen and Half Bath. Fenced- in Backyard. Newer HVAC and ductwork Installed to Replace Radiator System for Low Maintenance Heating(2020). New Hot water tank(2021). Buyer to Assume city POS report . Needs a little TLC.

6. 2022-05-02
   status Pending 589-char remark

   Show marketing remark (589 chars)

   Beautiful 3 Bedrooms, 1.5 Baths Cape Cod. Beautiful Architectural Details. Bonus Room / Office on the 1st floor Hardwood floors Throughout the house. Large Living Room w/ Built-in Shelving. Formal Dining Room Featuring Additional Built-in Shelving w/ Adjoining Office//Additional Bedroom. Enclosed Front Balcony. Crown Molding throughout the First Floor. Updated Eat-in Kitchen and Half Bath. Fenced- in Backyard. Newer HVAC and ductwork Installed to Replace Radiator System for Low Maintenance Heating(2020). New Hot water tank(2021). Buyer to Assume city POS report . Needs a little TLC.

7. 2022-04-12
   listed $118,000 Active 589-char remark

   Show marketing remark (589 chars)

   Beautiful 3 Bedrooms, 1.5 Baths Cape Cod. Beautiful Architectural Details. Bonus Room / Office on the 1st floor Hardwood floors Throughout the house. Large Living Room w/ Built-in Shelving. Formal Dining Room Featuring Additional Built-in Shelving w/ Adjoining Office//Additional Bedroom. Enclosed Front Balcony. Crown Molding throughout the First Floor. Updated Eat-in Kitchen and Half Bath. Fenced- in Backyard. Newer HVAC and ductwork Installed to Replace Radiator System for Low Maintenance Heating(2020). New Hot water tank(2021). Buyer to Assume city POS report . Needs a little TLC.

8. 2021-05-12
   soldstatus $107,000 Closed 675-char remark

   Show marketing remark (675 chars)

   Great Investment Opportunity! Contact Listing Agent for Details! Tenant occupied. Do not Disturb Tenants. New HVAC and ductwork Installed to Replace Radiator System for Low Maintenance Heating. Beautiful 3 Bedrooms, 1.5 Baths Cape Cod. Beautiful Architectural Details. Hardwood floors Throughout the house. Large Living Room w/ Built-in Shelving. Formal Dining Room Featuring Additional Built-in Shelving w/ Adjoining Office//Additional Bedroom. Enclosed Front Balcony. Crown Molding throughout the First Floor. Updated Eat-in Kitchen and Half Bath. 3 Bedrooms and Full Bath on 2nd. Fenced- in Backyard. Close to shopping and hospitals with easy access to downtown Cleveland.

9. 2021-05-11
   soldstatus $107,000
10. 2021-04-14
    status Pending 675-char remark

    Show marketing remark (675 chars)

    Great Investment Opportunity! Contact Listing Agent for Details! Tenant occupied. Do not Disturb Tenants. New HVAC and ductwork Installed to Replace Radiator System for Low Maintenance Heating. Beautiful 3 Bedrooms, 1.5 Baths Cape Cod. Beautiful Architectural Details. Hardwood floors Throughout the house. Large Living Room w/ Built-in Shelving. Formal Dining Room Featuring Additional Built-in Shelving w/ Adjoining Office//Additional Bedroom. Enclosed Front Balcony. Crown Molding throughout the First Floor. Updated Eat-in Kitchen and Half Bath. 3 Bedrooms and Full Bath on 2nd. Fenced- in Backyard. Close to shopping and hospitals with easy access to downtown Cleveland.

11. 2021-03-30
    historical Contingent 675-char remark

    Show marketing remark (675 chars)

    Great Investment Opportunity! Contact Listing Agent for Details! Tenant occupied. Do not Disturb Tenants. New HVAC and ductwork Installed to Replace Radiator System for Low Maintenance Heating. Beautiful 3 Bedrooms, 1.5 Baths Cape Cod. Beautiful Architectural Details. Hardwood floors Throughout the house. Large Living Room w/ Built-in Shelving. Formal Dining Room Featuring Additional Built-in Shelving w/ Adjoining Office//Additional Bedroom. Enclosed Front Balcony. Crown Molding throughout the First Floor. Updated Eat-in Kitchen and Half Bath. 3 Bedrooms and Full Bath on 2nd. Fenced- in Backyard. Close to shopping and hospitals with easy access to downtown Cleveland.

12. 2021-03-23
    listed $89,000 Active 675-char remark

    Show marketing remark (675 chars)

    Great Investment Opportunity! Contact Listing Agent for Details! Tenant occupied. Do not Disturb Tenants. New HVAC and ductwork Installed to Replace Radiator System for Low Maintenance Heating. Beautiful 3 Bedrooms, 1.5 Baths Cape Cod. Beautiful Architectural Details. Hardwood floors Throughout the house. Large Living Room w/ Built-in Shelving. Formal Dining Room Featuring Additional Built-in Shelving w/ Adjoining Office//Additional Bedroom. Enclosed Front Balcony. Crown Molding throughout the First Floor. Updated Eat-in Kitchen and Half Bath. 3 Bedrooms and Full Bath on 2nd. Fenced- in Backyard. Close to shopping and hospitals with easy access to downtown Cleveland.

13. 2020-08-27
    historical
14. 2020-08-04
    status Active
15. 2020-08-04
    price $93,000
16. 2020-07-27
    status Pending
17. 2020-07-16
    listed $98,000 Active

ⓘ 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: $3,547 · $296/mo
• Projected year-2 tax: $3,547 · $296/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 ≥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: $20,815
• − Mortgage interest: −$9,243
• − Property taxes: −$3,547
• − Insurance: −$825
• − Repairs & maintenance: −$1,665
• − Management: −$1,665
• − Depreciation: −$4,800
• Taxable loss: −$930
• Est. tax savings @ 24.0%: +$223
• After-tax cash flow: $1,912/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 — South Euclid

• Score: 88/100
• State rank: #22
• US rank: #207

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Euclid, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 32,668
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 32,312
• Household income: $76,767
• Rent vs Own: 25.5% rent · 74.5% own
• Severe rent burden: 672.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 55% White 36% Two or more races 4% Hispanic / Latino 3% Asian 2%
• Common ancestry: Romanian 3% Italian 2% Scotch-Irish 2%
• Foreign-born: 5% · Canada, China, India
• Languages at home: 92% English-only · Spanish 2% Chinese 1% Other Indo-European 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: ▼ -180.15%
• Current HPI: 173.7405
• Rent YoY: ▲ 6.85%
• 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

+68.4% since first listed

17 events — show timeline

• 2026-05-05 Pending — MLSNOW
• 2026-04-23 Contingent — MLSNOW
• 2026-04-20 Listed $165,000 MLSNOW
• 2022-05-03 Sold (Public Records) $115,000 Public Records
• 2022-05-03 Sold (MLS) $115,000 MLSNOW
• 2022-05-02 Pending — MLSNOW
• 2022-04-12 Listed $118,000 MLSNOW
• 2021-05-12 Sold (MLS) $107,000 MLSNOW
• 2021-05-11 Sold (Public Records) $107,000 Public Records
• 2021-04-14 Pending — MLSNOW
• 2021-03-30 Contingent — MLSNOW
• 2021-03-23 Listed $89,000 MLSNOW
• 2020-08-27 Listing Removed — MLSNOW
• 2020-08-04 Relisted — MLSNOW
• 2020-08-04 Price Changed $93,000 MLSNOW
• 2020-07-27 Pending — MLSNOW
• 2020-07-16 Listed $98,000 MLSNOW

Property tax history

+6.1%/yr

Latest (2025): $3,547 · +9.7% YoY. Source: county tax records.