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3705 Brinkmore Rd
D- Composite 36.17
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 +8.9/30.0
  • ARV discount +7.3/15.0
  • Livability +4.5/5.0
  • Rent growth +4.2/5.0
  • 1% rule +3.5/10.0
  • Schools +2.8/10.0
  • DSCR +2.5/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$225,000

3705 Brinkmore Rd · Cleveland Heights, OH 44121
3 bd · 2.0 ba · 1,821 sqft · SingleFamily public records · 16 Days on market
Built 1952 8,023 sqft lot Est $224k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Co-list W/ Duane Silk 442-2533. Alum/Stone Bung Features Lrg Bdrms & Sitting Rm Off 3rd Bdrm. 1/2 Bath Up. Home Warranty. Videotape Available. Checklist On File

Key facts

  • Back yard patio
  • Fenced-in backyard
  • 8,023 sq ft lot

Tags

DECORATIVE FIRE PLACENEW QUARTZ COUNTER TOPLARGE SPACIOUS BONUS ROOMSEPARATE DIRECT ENTRANCEFENCED-IN BACKYARDBACK YARD PATIO

Property features AI

Exterior

  • Parking: Attached garage; Two garage spaces
  • Utilities: Public water; Public sewer
  • Home design: Two-story residence; Asphalt roof; Aluminum siding and brick exterior
  • Construction: Built per public records (year source: public records)
  • Exterior features: Patio; Chain link fencing

Interior

  • Kitchen: Eat-in kitchen; Dishwasher; Range; Refrigerator
  • Bedrooms: Three main-level bedrooms; Additional bedrooms located on first and second floors
  • Flooring: Wood flooring in multiple rooms; Tile flooring in at least one bathroom
  • Bathrooms: One full bathroom; Two half bathrooms; At least one main-level bathroom
  • Heating & cooling: Forced air heating; Central air conditioning
  • Interior features: Unfinished basement; Wood and tile flooring throughout; Fireplace (1)
  • Laundry & utility: Washer hookup

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $225k.

Deal economics

  • At list price, monthly cash flow is $-180 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $193k (14.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (14.9% below list).
  • Recommended offer: $191k (14.9% below list) — sets the bar for 1% rule.
  • Cap rate 5.3% vs local median 4.3% in Cleveland Heights — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 89/100 on livability (#12 in OH, #124 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+.
  • Cleveland Heights-University Heights City (suburban): math 23% / reading 41% proficiency, ranked #568 of 656 in OH (top 87%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Cleveland Heights High School (math 12% / reading 46%, grade F, #627 of 781 statewide, top 81%, 1,664 students, 0% FRL) — zoned schools average 0% FRL vs 64% district-wide (64 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents rising fast (+6.8%/yr); 150 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 $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

  • It's been on market 16 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 35y 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 $86k; list at $225k implies a 162% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $191,462 (14.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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?
  6. 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.
  7. 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.
  8. 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
0.85%
Cap rate
5.33%
Cash-on-cash
-3.43%
DSCR
0.85
GRM
9.8

CMA / ARV

ARV (on-the-fly)
$223,983
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
693 Quilliams Rd 0.13mi 3/1.5 1,856 (+2%) 1mo $220,000 $119 88
565 Quilliams Rd 0.14mi 3/1.5 1,718 (-6%) 4mo $238,900 $139 78
3757 Princeton Blvd 0.14mi 3/1.5 1,704 (-6%) 5mo $210,000 $123 77
3927 Princeton Blvd 0.36mi 3/1.5 1,888 (+4%) 6mo $178,000 $94 70
4019 Princeton Blvd 0.51mi 3/1.5 1,746 (-4%) 1mo $215,000 $123 67
4002 Lancaster Rd 0.58mi 3/2.5 1,709 (-6%) 3mo $258,000 $151 58
955 Montford Rd 0.73mi 3/2.5 1,775 (-2%) 7mo $235,000 $132 54
1031 Pennfield Rd 0.75mi 4/1.5 (+1) 1,727 (-5%) 1mo $212,000 $123 48
979 Oxford Rd 0.68mi 4/2.0 (+1) 1,640 (-10%) 1mo $178,000 $109 46
952 Oxford Rd 0.62mi 4/2.0 (+1) 1,560 (-14%) 2mo $180,000 $115 41
862 Keystone Dr 0.71mi 4/1.5 (+1) 1,549 (-15%) 1mo $229,900 $148 34
854 Keystone Dr 0.70mi 4/1.5 (+1) 1,575 (-14%) 7mo $184,000 $117 32

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
-17.4%
Equity multiple
0.36×
Total profit
$-40,122
Equity at exit
$33,548
10-year hold
IRR
-3.0%
Equity multiple
0.76×
Total profit
$-15,034
Equity at exit
$19,454

Cash invested: $63,000 (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.

ZIP-level market 44121

Rents YoY
6.8%
Active inventory
150
Price-to-rent
9.8×

Monthly cashflow live

Estimated rent
$1,915 high interval (Pro) →
Mortgage (P&I)
$1,180
Tax from tax record
$419 /mo · $5,029/yr
Insurance
$94
HOA
$0
Vacancy / Maint / Mgmt
$402
Net cashflow
$-180

Break-even live

Break-even rent $2,143
Max offer price $193,162
Occupancy floor

Sensitivity live

Price -10% $-53 -5% $-117 +0% $-180 +5% $-244 +10% $-308
Rent -10% $-331 -5% $-256 +0% $-180 +5% $-105 +10% $-29
Rate -1.0pp $-67 -0.5pp $-123 base $-180 +0.5pp $-239 +1.0pp $-298

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
$56,250
Closing costs
$6,750
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3802 Princeton Blvd Cleveland, OH 3.0 1.5 1656 $2,275 $1.37 3d 1 0.18mi
821 Nela View Rd Cleveland, OH 4.0 2.5 2178 $2,100 $0.96 9d 1 0.66mi
994 Yellowstone Rd Cleveland, OH 3.0 2.0 1475 $1,395 $0.95 3d 1 0.68mi
303 S Green Rd Cleveland, OH 4.0 2.0 1381 $1,700 $1.23 3d 1 0.76mi
1007 Elbon Rd Cleveland, OH 3.0 1.0 1386 $1,400 $1.01 12d 1 0.78mi
963 Selwyn Rd Cleveland, OH 4.0 1.0 1300 $2,650 $2.04 3d 1 0.79mi
915 Nela View Rd Cleveland, OH 4.0 1.0 1300 $2,600 $2.00 18d 1 0.82mi
1035 Elbon Rd Cleveland, OH 4.0 1.5 1304 $1,675 $1.28 18d 1 0.83mi
3430 Winsford Rd Cleveland, OH 4.0 1.5 1800 $1,590 $0.88 18d 1 0.84mi
876 Eloise Dr Unit Upper Cleveland Heights, OH 2.0 1.0 1233 $1,200 $0.97 18d 1 0.87mi
983 Greyton Rd Cleveland, OH 3.0 2.0 1457 $1,495 $1.03 18d 1 0.90mi
1082 Hillstone Rd Cleveland, OH 3.0 2.0 2376 $1,695 $0.71 25d 1 0.95mi
1082 Hillstone Rd Unit 1 Cleveland Heights, OH 3.0 1.5 2376 $1,695 $0.71 25d 1 0.95mi
1099 Woodview Rd Cleveland, OH 4.0 1.0 1500 $2,500 $1.67 3d 1 0.95mi
16000 Terrace Rd Cleveland, OH 1.0–3.0 1.0–2.0 1000 $1,210 $1.21 3d 39 1.00mi
3917 Bluestone Rd Cleveland, OH 4.0 1.5 1700 $1,650 $0.97 23d 1 1.05mi
910 Dresden Rd Cleveland, OH 4.0 2.0 1839 $1,800 $0.98 18d 1 1.07mi
3406 Henderson Rd Cleveland, OH 4.0 1.5 1343 $2,250 $1.68 18d 1 1.10mi
3337 Sylvanhurst Rd Cleveland, OH 3.0 1.0 1334 $1,800 $1.35 9d 1 1.13mi
3808 Kirkwood Rd Cleveland, OH 4.0 1.5 1740 $2,150 $1.24 16d 1 1.19mi
25 Trenton Sq Unit T54 Cleveland, OH 3.0 2.0 1324 $1,500 $1.13 18d 1 1.21mi
963 Chelston Rd Cleveland, OH 4.0 2.0 1974 $1,950 $0.99 45d 1 1.27mi
2401 N Taylor Rd Cleveland, OH 3.0 1.0 1347 $1,325 $0.98 9d 1 1.31mi
3810 Parkdale Rd Cleveland, OH 3.0 1.5 1281 $2,067 $1.61 4d 1 1.32mi
15801 Hazel Rd Cleveland, OH 3.0 1.5 1908 $1,550 $0.81 18d 1 1.40mi
4456 Donna Dr Richmond Heights, OH 3.0 2.5 1940 $2,295 $1.18 3d 1 1.45mi
1286 E 152nd St Cleveland, OH 2.0 1.0 1638 $1,095 $0.67 45d 1 1.48mi

Listing history 10 events

  1. 2026-06-21
    days on market $225,000 Active 16 DOM
  2. 2026-06-18
    days on market $225,000 Active 13 DOM
  3. 2026-06-17
    days on market $225,000 Active 12 DOM
  4. 2026-06-16
    days on market $225,000 Active 11 DOM
  5. 2026-06-15
    days on market $225,000 Active 10 DOM
  6. 2026-06-13
    days on market $225,000 Active 8 DOM
  7. 2026-06-09
    days on market $225,000 Active 4 DOM
  8. 2026-06-08
    days on market $225,000 Active 3 DOM
  9. 2026-06-07
    remarks 699-char remark
  10. 2026-06-07
    listed $225,000 Active 2 DOM

ⓘ 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
$5,029 · $419/mo
Projected year-2 tax
$5,029 · $419/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 6 d/yr ≥95°F today · 15 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,975
− Mortgage interest
−$12,603
− Property taxes
−$5,029
− Insurance
−$1,125
− Repairs & maintenance
−$1,838
− Management
−$1,838
− Depreciation
−$6,545
Taxable loss
−$6,004
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,441
After-tax cash flow
$-722/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
Cleveland Heights-University Heights City
NCES district ID
3904379
Math proficiency
23% ▼ -22.00%
Reading proficiency
41% ▼ -12.00%
Median HH income
$53,451
Composite
28.12/100
National rank
#6822
State rank
#568 of 656 in OH

Livability — Cleveland Heights

Score
89/100
State rank
#12
US rank
#124

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Cleveland Heights, OH
County
Cuyahoga County · 1,090,369 people
City population
32,312
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

Price history

+212.5% since first listed
19 events — show timeline
  • 2026-06-05 Listed $225,000 MLSNOW
  • 2023-09-18 Rental Removed $1,650 APPFOLIO
  • 2023-09-15 Listed for Rent $1,650 APPFOLIO
  • 2023-09-14 Rental Removed $1,650 YESMLS
  • 2023-07-28 Listed for Rent $1,650 YESMLS
  • 2016-06-26 Listing Removed MLSNOW
  • 2016-05-17 Contingent MLSNOW
  • 2016-04-26 Relisted MLSNOW
  • 2016-04-25 Contingent MLSNOW
  • 2016-04-04 Listed $49,900 MLSNOW
  • 1993-04-21 Sold (MLS) $86,000 MLSNOW
  • 1993-04-20 Listing Removed MLSNOW
  • 1993-04-17 Listing Removed MLSNOW
  • 1993-04-15 Sold (Public Records) $86,000 Public Records
  • 1993-01-28 Listed $89,800 MLSNOW
  • 1992-10-17 Listed $89,800 MLSNOW
  • 1992-09-14 Listing Removed MLSNOW
  • 1991-11-13 Listed $89,900 MLSNOW
  • 1982-03-24 Sold (Public Records) $72,000 Public Records

Property tax history

+1.0%/yr

Latest (2025): $5,029 · -2.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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