🏷️ Likely Rental
779 Woodview Rd · Cleveland Heights, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 2/10 · Minimal
- Hot days now (above 95°F)
- 6 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B 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 +25.4/30.0
- ARV discount +15.0/15.0
- DSCR +8.4/10.0
- 1% rule +7.9/10.0
- Livability +4.5/5.0
- Rent growth +4.2/5.0
- Schools +2.8/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$99,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This tenant occupied single family is an excellent choice for your investment portfolio! The current tenants pay $950/month and all utilities as well. Long-term, excellent tenants have been in the property for 3+ years, pay on time and would like to stay. The spacious home offers a large enclosed front porch, living room, dining room, kitchen, 2 bedrooms and 1 full bath. There are hardwood floors throughout, as well as a 2 car detached garage and large mostly fenced-in backyard. Located on a tree-lined Cleveland Heights street, the property is near parks, shopping, schools and public transit routes. If you're looking for a solid investment property - look no further than this home!
Key facts
- Turnkey rental asset
- 7,501 sq ft lot
- 2 garage spots
Tags
Property features AI
Exterior
- Parking: Detached garage; 2 garage spaces
- Utilities: Public water; Public sewer
- Home design: 2 stories (3 total levels); Updated/remodeled; Home warranty included
- Construction: Wood siding; Asbestos shingle roof; Block foundation; Built/updated (year not provided)
- Exterior features: Porch; Back yard fencing
Interior
- Kitchen: Refrigerator
- Bedrooms: Total rooms: 5; Has basement
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating; Has heating
- Interior features: Built-in features; Crown molding; Natural woodwork; Updated/remodeled condition
- Laundry & utility: Laundry in basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $230 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $100k).
- Cap rate 9.1% vs local median 4.4% in Cleveland Heights — 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 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.
- Market conditions: Rents rising fast (+6.8%/yr); 148 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $691 of loan paydown is wiped out by about $3k 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 + 6.8% rent growth), your $28k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
- 11 sale attempts since 32y 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; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: property tax is 2.6% of price; built in 1930 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.29% ✓
- Cap rate
- 9.06%
- Cash-on-cash
- 9.88%
- DSCR
- 1.44
- GRM
- 6.5
CMA / ARV
- ARV (on-the-fly)
- $141,642
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 953 Whitby Rd | 0.37mi | 2/1.5 | 1,188 (+2%) | 3mo | $145,000 | $122 | 75 |
| 3570 Randolph Rd | 0.13mi | 3/1.0 (+1) | 1,286 (+11%) | 1mo | $147,500 | $115 | 70 |
| 3639 Randolph Rd | 0.26mi | 3/1.0 (+1) | 1,248 (+8%) | 2mo | $130,000 | $104 | 69 |
| 994 Yellowstone Ave | 0.42mi | 3/2.0 (+1) | 1,190 (+2%) | 2mo | $140,000 | $118 | 66 |
| 952 Elbon Rd | 0.31mi | 3/2.0 (+1) | 1,222 (+5%) | 2mo | $162,000 | $133 | 66 |
| 2121 Alton Rd | 0.44mi | 3/1.0 (+1) | 1,218 (+5%) | 5mo | $90,000 | $74 | 62 |
| 1076 Rushleigh Rd | 0.54mi | 3/1.5 (+1) | 1,200 (+3%) | 4mo | $169,900 | $142 | 59 |
| 1004 Woodview Rd | 0.42mi | 3/1.0 (+1) | 1,309 (+13%) | 1mo | $91,000 | $70 | 53 |
| 3752 Wallingford Rd | 0.43mi | 3/1.5 (+1) | 1,314 (+13%) | 2mo | $190,000 | $145 | 50 |
| 1064 Elbon Rd | 0.52mi | 3/1.5 (+1) | 1,049 (-10%) | 5mo | $153,500 | $146 | 49 |
| 991 Helmsdale Rd | 0.54mi | 3/1.0 (+1) | 1,316 (+13%) | 7mo | $134,900 | $103 | 42 |
| 3811 Salisbury Rd | 0.54mi | 3/1.5 (+1) | 1,308 (+13%) | 6mo | $173,000 | $132 | 42 |
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
- IRR
- 3.3%
- Equity multiple
- 1.13×
- Total profit
- $3,733
- Equity at exit
- $14,895
- IRR
- 16.5%
- Equity multiple
- 2.62×
- Total profit
- $45,422
- Equity at exit
- $8,638
Cash invested: $27,972 (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
ZIP-level market 44121
- Rents YoY
- 6.8%
- Active inventory
- 148
- Price-to-rent
- 6.5×
Monthly cashflow live
- Estimated rent
- $1,285 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax from tax record
- −$219 /mo · $2,627/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$270
- Net cashflow
- $230
Break-even live
Sensitivity live
| Price | -10% $287 | -5% $259 | +0% $230 | +5% $202 | +10% $174 |
|---|---|---|---|---|---|
| Rent | -10% $129 | -5% $180 | +0% $230 | +5% $281 | +10% $332 |
| Rate | -1.0pp $281 | -0.5pp $256 | base $230 | +0.5pp $205 | +1.0pp $178 |
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
- $24,975
- Closing costs
- $2,997
- 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 30 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2270 Noble Rd Cleveland, OH | 2.0 | 1.0 | 800 | $850 | $1.06 | 17d | 1 | 0.22mi |
| 953 Whitby Rd Cleveland, OH | 3.0 | 2.0 | 1188 | $1,575 | $1.33 | 24d | 1 | 0.38mi |
| 886 Helmsdale Rd Cleveland Heights, OH | 2.0 | 1.0 | 1037 | $995 | $0.96 | 17d | 1 | 0.38mi |
| 967 Selwyn Rd Cleveland, OH | 3.0 | 1.5 | 1214 | $1,595 | $1.31 | 17d | 1 | 0.38mi |
| 876 Eloise Dr Unit Upper Cleveland Heights, OH | 2.0 | 1.0 | 1233 | $1,200 | $0.97 | 17d | 1 | 0.42mi |
| 1007 Elbon Rd Cleveland, OH | 3.0 | 1.0 | 1386 | $1,400 | $1.01 | 11d | 1 | 0.44mi |
| 2004 Noble Rd Cleveland, OH | 1.0 | 1.0 | 750 | $950 | $1.27 | 44d | 1 | 0.44mi |
| 994 Yellowstone Rd Cleveland, OH | 3.0 | 2.0 | 1475 | $1,395 | $0.95 | 2d | 1 | 0.44mi |
| 983 Greyton Rd Cleveland, OH | 3.0 | 2.0 | 1457 | $1,495 | $1.03 | 17d | 1 | 0.46mi |
| 16025 Nelacrest Rd Cleveland, OH | 1.0 | 1.0 | 860 | $600 | $0.70 | 44d | 1 | 0.54mi |
| 2481 Noble Rd Cleveland, OH | 1.0–2.0 | 1.0 | 785 | $950 | $1.21 | 17d | 5 | 0.55mi |
| 16000 Terrace Rd Cleveland, OH | 1.0–3.0 | 1.0–2.0 | 1000 | $932 | $0.93 | 2d | 39 | 0.64mi |
| 3337 Sylvanhurst Rd Cleveland, OH | 3.0 | 1.0 | 1334 | $1,800 | $1.35 | 8d | 1 | 0.70mi |
| 1885 N Taylor Rd Unit 404 Cleveland, OH | 1.0 | 1.0 | 725 | $650 | $0.90 | 44d | 1 | 0.85mi |
| 1867 N Taylor Rd Apt 309 Cleveland, OH | 2.0 | 1.0 | 850 | $700 | $0.82 | 44d | 1 | 0.86mi |
| 2657 Noble Rd Cleveland, OH | 2.0 | 1.0 | 850 | $975 | $1.15 | 20d | 1 | 0.92mi |
| 2401 N Taylor Rd Cleveland, OH | 3.0 | 1.0 | 1347 | $1,325 | $0.98 | 8d | 1 | 0.94mi |
| 1726 Taylor Rd East Cleveland, OH | 2.0 | 1.0 | 900 | $972 | $1.08 | 44d | 1 | 1.08mi |
| 15421 Plymouth Pl East Cleveland, OH | 2.0 | 1.0 | 950 | $972 | $1.02 | 44d | 1 | 1.10mi |
| 1801 Stanwood Rd Unit 13 East Cleveland, OH | 2.0 | 1.0 | 800 | $900 | $1.12 | 44d | 1 | 1.14mi |
| 3810 Parkdale Rd Cleveland, OH | 3.0 | 1.5 | 1281 | $2,067 | $1.61 | 3d | 1 | 1.17mi |
| 14813 Alder Ave Cleveland, OH | 3.0 | 1.0 | 1188 | $1,150 | $0.97 | 24d | 1 | 1.26mi |
| 14835 Euclid Ave Cleveland, OH | 1.0–2.0 | 1.0 | 712 | $850 | $1.19 | 44d | 12 | 1.29mi |
| 2868 Noble Rd Unit 16 Cleveland Heights, OH | 3.0 | 1.5 | 1200 | $1,750 | $1.46 | 2d | 1 | 1.29mi |
| 2868 Noble Rd Cleveland, OH | 3.0 | 1.5 | 1200 | $1,250 | $1.04 | 24d | 1 | 1.30mi |
| 18231 Euclid Ave Cleveland, OH | 1.0–2.0 | 1.0 | 767 | $1,818 | $2.37 | 2d | 1 | 1.31mi |
| 3755 Mayfield Rd Cleveland Heights, OH | 1.0–2.0 | 1.0 | 800 | $1,175 | $1.47 | 24d | 1 | 1.31mi |
| 500 Severance Place Ln Cleveland Heights, OH | 1.0 | 1.0 | 1150 | $1,575 | $1.37 | 24d | 2 | 1.33mi |
| 35 Severance Cir Cleveland Heights, OH | 1.0–2.0 | 1.0–2.0 | 832 | $1,570 | $1.89 | 2d | 26 | 1.39mi |
| 1348 Brookline Rd Cleveland Heights, OH | 1.0 | 1.0 | 720 | $875 | $1.22 | 24d | 1 | 1.43mi |
Listing history 6 events
-
2026-06-18days on market $99,900 Active 6 DOM
-
2026-06-17days on market $99,900 Active 5 DOM
-
2026-06-16days on market $99,900 Active 4 DOM
-
2026-06-15days on market $99,900 Active 3 DOM
-
2026-06-13remarks 699-char remark
-
2026-06-13$99,900 Active 1 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
- $2,627 · $219/mo
- Projected year-2 tax
- $2,627 · $219/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 · 14 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,416
- − Mortgage interest
- −$5,596
- − Property taxes
- −$2,627
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,233
- − Management
- −$1,233
- − Depreciation
- −$2,906
- Taxable income
- $1,320
- Est. tax owed @ 24.0%
- −$317
- After-tax cash flow
- $2,448/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
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
- 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 |
|
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| Utilities | 2 | $33B |
|
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Price history
+149.8% since first listed31 events — show timeline
- 2026-06-12 Listed $99,900 MLSNOW
- 2021-12-09 Sold (Public Records) $86,500 Public Records
- 2021-12-08 Sold (MLS) $86,500 MLSNOW
- 2021-11-18 Pending — MLSNOW
- 2021-08-31 Listed $89,900 MLSNOW
- 2020-02-11 Listing Removed — MLSNOW
- 2019-09-10 Price Changed $65,000 MLSNOW
- 2019-09-10 Listed $74,900 MLSNOW
- 2015-03-23 Sold (MLS) $32,000 MLSNOW
- 2015-03-08 Pending — MLSNOW
- 2015-03-04 Listed — MLSNOW
- 2008-04-08 Listing Removed — MLSNOW
- 2007-12-20 Listed $90,000 MLSNOW
- 2007-12-04 Listing Removed — MLSNOW
- 2007-12-04 Listing Removed — MLSNOW
- 2007-10-11 Listed $90,000 MLSNOW
- 2007-06-05 Listed $95,000 MLSNOW
- 2007-06-02 Listing Removed — MLSNOW
- 2006-12-07 Listed $104,771 MLSNOW
- 2002-04-18 Sold (Public Records) $85,500 Public Records
- 2002-04-18 Sold (MLS) $85,500 MLSNOW
- 2002-01-17 Listed $87,900 MLSNOW
- 1999-08-31 Sold (Public Records) $71,000 Public Records
- 1999-08-31 Sold (MLS) $71,000 MLSNOW
- 1999-07-08 Listed $75,000 MLSNOW
- 1995-09-08 Sold (MLS) $62,500 MLSNOW
- 1995-09-01 Sold (Public Records) $62,500 Public Records
- 1995-09-01 Listing Removed — MLSNOW
- 1994-10-06 Listed $65,000 MLSNOW
- 1988-02-01 Sold (Public Records) $51,000 Public Records
- 1981-04-08 Sold (Public Records) $40,000 Public Records
Property tax history
+0.8%/yrLatest (2025): $2,627 · -2.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…