19537 Lymans Ln #53 · Strongsville, OH 44149

$249,900

3 bd · 2.0 ba · 1,326 sqft · Condo public records · 42 Days on market

Built 1990 $205/mo HOA · 9% of rent

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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 +12.2/30.0
• ARV discount +7.5/15.0
• Schools +6.7/10.0
• 1% rule +4.4/10.0
• Livability +4.4/5.0
• DSCR +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This spacious Strongsville Condo is immaculate and move in ready. The area has a charming village feel with a fantastic central location, just minutes from shopping, restaurants, events and highway access. This beauty is super clean and fresh and features a 1st floor master or could be an office, since there are also 2 large bedrooms with walls of closets upstairs AND 2 full baths, one on each level. ALL appliances are staying in the open eat-in kitchen with oak cabinets, new faucet and disposal 2021, new stove and refrigerator 2015.. First floor laundry is super convenient and will include washer and dryer. The dining room has sliders for access to the relaxing and private outdoor patio. Open the vertical blinds in the dining room or gaze out the kitchen window for a view of the pond and gazebo. There’s plenty of room for parking AND storage in the 2 car attached garage with pull down attic. MORE recent updates include AC, Furnace, Thermostat, HW Tank, All Carpeting, Paint and Blinds

Key facts

• Open eat-in kitchen
• Attached garage
• First floor laundry

Tags

• OPEN EAT-IN KITCHEN
• FIRST FLOOR LAUNDRY
• PRIVATE OUTDOOR PATIO
• VIEW OF THE POND
• ATTACHED GARAGE
• MAINTENANCE FREE LIVING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $250k.

Deal economics

• At list price, monthly cash flow is $-49 ($-587/yr) — negative.
• To cash-flow at today's rent, offer at most $241k (3.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $234k (6.2% below list).
• Recommended offer: $234k (6.2% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 3.2% in Strongsville — 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 88/100 on livability (#27 in OH, #243 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, employment A+; Watch: commute F.
• Strongsville City (suburban): math 73% / reading 79% proficiency, ranked #62 of 656 in OH (top 10%) — strong family-tenant draw, lease renewals of 3-5y typical; only 15% free/reduced lunch — higher-income household profile.
• Zoned schools: Muraski Elementary School (math 78% / reading 82%, grade A+, #167 of 1,584 statewide, top 11%, 511 students, 19% FRL); Strongsville Middle School (math 70% / reading 76%, grade A, #105 of 654 statewide, top 17%, 1,270 students, 20% FRL); Strongsville High School (math 63% / reading 82%, grade B+, #87 of 781 statewide, top 11%, 1,844 students, 17% FRL) — zoned schools at 18% FRL track the district average.
• Market conditions: 121 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 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 42 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 27y 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 $205k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $234,364 (6.2% 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. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.94% ✗
• Cap rate: 6.06%
• Cash-on-cash: -0.84%
• DSCR: 0.96
• GRM: 8.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.6%
• Equity multiple: 0.38×
• Total profit: $-43,467
• Equity at exit: $37,261

10-year hold

• IRR: -9.6%
• Equity multiple: 0.41×
• Total profit: $-41,283
• Equity at exit: $21,607

Cash invested: $69,972 (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

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 44149

• Active inventory: 121
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,344 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$281 /mo · $3,369/yr
• Insurance: −$104
• HOA: −$205
• Vacancy / Maint / Mgmt: −$492
• Net cashflow: $-49

Break-even live

Break-even rent $2,406

Max offer price $241,263

Occupancy floor 97%

Sensitivity live

Price	-10% $93	-5% $22	+0% $-49	+5% $-120	+10% $-190
Rent	-10% $-234	-5% $-141	+0% $-49	+5% $44	+10% $136
Rate	-1.0pp $77	-0.5pp $15	base $-49	+0.5pp $-114	+1.0pp $-180

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14448 Settlers Way Strongsville, OH	2.0	2.0	1546	$2,425	$1.57	21d	1	0.05mi
12920 Fountain Ct Strongsville, OH	2.0	1.0	1040	$1,450	$1.39	45d	1	0.68mi
13187 Yager Dr Strongsville, OH	4.0	1.5	1850	$2,700	$1.46	4d	1	0.70mi
20368 Westwood Dr Strongsville, OH	4.0	2.0	1864	$2,400	$1.29	4d	1	0.81mi
16323 Chatman Dr Strongsville, OH	2.0	2.0	1200	$1,698	$1.41	3d	7	0.90mi
21600 Royalton Rd Strongsville, OH	2.0–3.0	2.0	1287	$3,225	$2.51	3d	1	1.21mi
14400 Howe Rd Strongsville, OH	1.0–2.0	1.0–2.0	923	$2,060	$2.23	3d	1	1.43mi

HOA detail condo

• Monthly dues: $205 · $2,460/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-02
   status $249,900 Pending 42 DOM
2. 2026-06-01
   days on market $249,900 Active 42 DOM
3. 2026-05-31
   days on market $249,900 Active 41 DOM
4. 2026-05-13
   price $249,900 1280-char remark
5. 2026-05-07
   price $254,000 1280-char remark
6. 2026-04-17
   listed $259,000 Active 1280-char remark
7. 2021-10-08
   soldstatus $205,000 Closed 1005-char remark

   Show marketing remark (1005 chars)

   This spacious Strongsville Condo is immaculate and move in ready. The area has a charming village feel with a fantastic central location, just minutes from shopping, restaurants, events and highway access. This beauty is super clean and fresh and features a 1st floor master or could be an office, since there are also 2 large bedrooms with walls of closets upstairs AND 2 full baths, one on each level. ALL appliances are staying in the open eat-in kitchen with oak cabinets, new faucet and disposal 2021, new stove and refrigerator 2015.. First floor laundry is super convenient and will include washer and dryer. The dining room has sliders for access to the relaxing and private outdoor patio. Open the vertical blinds in the dining room or gaze out the kitchen window for a view of the pond and gazebo. There’s plenty of room for parking AND storage in the 2 car attached garage with pull down attic. MORE recent updates include AC, Furnace, Thermostat, HW Tank, All Carpeting, Paint and Blinds

8. 2021-09-24
   status Pending 1005-char remark

   Show marketing remark (1005 chars)

   This spacious Strongsville Condo is immaculate and move in ready. The area has a charming village feel with a fantastic central location, just minutes from shopping, restaurants, events and highway access. This beauty is super clean and fresh and features a 1st floor master or could be an office, since there are also 2 large bedrooms with walls of closets upstairs AND 2 full baths, one on each level. ALL appliances are staying in the open eat-in kitchen with oak cabinets, new faucet and disposal 2021, new stove and refrigerator 2015.. First floor laundry is super convenient and will include washer and dryer. The dining room has sliders for access to the relaxing and private outdoor patio. Open the vertical blinds in the dining room or gaze out the kitchen window for a view of the pond and gazebo. There’s plenty of room for parking AND storage in the 2 car attached garage with pull down attic. MORE recent updates include AC, Furnace, Thermostat, HW Tank, All Carpeting, Paint and Blinds

9. 2021-09-20
   historical Contingent 1005-char remark

   Show marketing remark (1005 chars)

   This spacious Strongsville Condo is immaculate and move in ready. The area has a charming village feel with a fantastic central location, just minutes from shopping, restaurants, events and highway access. This beauty is super clean and fresh and features a 1st floor master or could be an office, since there are also 2 large bedrooms with walls of closets upstairs AND 2 full baths, one on each level. ALL appliances are staying in the open eat-in kitchen with oak cabinets, new faucet and disposal 2021, new stove and refrigerator 2015.. First floor laundry is super convenient and will include washer and dryer. The dining room has sliders for access to the relaxing and private outdoor patio. Open the vertical blinds in the dining room or gaze out the kitchen window for a view of the pond and gazebo. There’s plenty of room for parking AND storage in the 2 car attached garage with pull down attic. MORE recent updates include AC, Furnace, Thermostat, HW Tank, All Carpeting, Paint and Blinds

10. 2021-09-16
    listed $179,900 Active 1005-char remark

    Show marketing remark (1005 chars)

    This spacious Strongsville Condo is immaculate and move in ready. The area has a charming village feel with a fantastic central location, just minutes from shopping, restaurants, events and highway access. This beauty is super clean and fresh and features a 1st floor master or could be an office, since there are also 2 large bedrooms with walls of closets upstairs AND 2 full baths, one on each level. ALL appliances are staying in the open eat-in kitchen with oak cabinets, new faucet and disposal 2021, new stove and refrigerator 2015.. First floor laundry is super convenient and will include washer and dryer. The dining room has sliders for access to the relaxing and private outdoor patio. Open the vertical blinds in the dining room or gaze out the kitchen window for a view of the pond and gazebo. There’s plenty of room for parking AND storage in the 2 car attached garage with pull down attic. MORE recent updates include AC, Furnace, Thermostat, HW Tank, All Carpeting, Paint and Blinds

11. 2015-03-26
    soldstatus $91,500 Sold

    Show marketing remark (596 chars)

    Estate ~ A Gem Ready For Polishing! Spacious 3 Bedroom, 2 Bath Has 1st Floor Master Plus 2 Large Bedrooms Up With Enormous Closets. Eat-In Kitchen Has Oak Cabinets With All Appliances Staying. Formal Dining Room Has Sliders To Patio With Privacy Fence and View Of Pond & Gazebo. 2 Full Baths, One On Each Level. 1st Floor Laundry With Washer/Dryer Staying. 2 Car Attached Garage With Attic Storage. Ceiling Fans In Living Room, Dining Room, Kitchen and Bedrooms. 1 Year Home Warranty. Maintenance Fee $239/Month. A Real Sweet Buy! Minutes To Shopping, Highways/Turnpike & Restaurants.

12. 2015-03-10
    status Pending

    Show marketing remark (596 chars)

    Estate ~ A Gem Ready For Polishing! Spacious 3 Bedroom, 2 Bath Has 1st Floor Master Plus 2 Large Bedrooms Up With Enormous Closets. Eat-In Kitchen Has Oak Cabinets With All Appliances Staying. Formal Dining Room Has Sliders To Patio With Privacy Fence and View Of Pond & Gazebo. 2 Full Baths, One On Each Level. 1st Floor Laundry With Washer/Dryer Staying. 2 Car Attached Garage With Attic Storage. Ceiling Fans In Living Room, Dining Room, Kitchen and Bedrooms. 1 Year Home Warranty. Maintenance Fee $239/Month. A Real Sweet Buy! Minutes To Shopping, Highways/Turnpike & Restaurants.

13. 2015-03-06
    price $99,900

    Show marketing remark (596 chars)

    Estate ~ A Gem Ready For Polishing! Spacious 3 Bedroom, 2 Bath Has 1st Floor Master Plus 2 Large Bedrooms Up With Enormous Closets. Eat-In Kitchen Has Oak Cabinets With All Appliances Staying. Formal Dining Room Has Sliders To Patio With Privacy Fence and View Of Pond & Gazebo. 2 Full Baths, One On Each Level. 1st Floor Laundry With Washer/Dryer Staying. 2 Car Attached Garage With Attic Storage. Ceiling Fans In Living Room, Dining Room, Kitchen and Bedrooms. 1 Year Home Warranty. Maintenance Fee $239/Month. A Real Sweet Buy! Minutes To Shopping, Highways/Turnpike & Restaurants.

14. 2015-03-04
    listed $103,500 Active

    Show marketing remark (596 chars)

    Estate ~ A Gem Ready For Polishing! Spacious 3 Bedroom, 2 Bath Has 1st Floor Master Plus 2 Large Bedrooms Up With Enormous Closets. Eat-In Kitchen Has Oak Cabinets With All Appliances Staying. Formal Dining Room Has Sliders To Patio With Privacy Fence and View Of Pond & Gazebo. 2 Full Baths, One On Each Level. 1st Floor Laundry With Washer/Dryer Staying. 2 Car Attached Garage With Attic Storage. Ceiling Fans In Living Room, Dining Room, Kitchen and Bedrooms. 1 Year Home Warranty. Maintenance Fee $239/Month. A Real Sweet Buy! Minutes To Shopping, Highways/Turnpike & Restaurants.

15. 1999-10-25
    soldstatus $128,500
16. 1999-10-25
    soldstatus $128,500
17. 1999-09-20
    listed $127,900
18. 1999-09-18
    historical
19. 1999-03-22
    listed $127,900

ⓘ 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: $3,369 · $281/mo
• Projected year-2 tax: $3,634 · $303/mo
• Expected delta: +$265/yr (+$22/mo · 7.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $28,124
• − Mortgage interest: −$13,998
• − Property taxes: −$3,369
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,250
• − Management: −$2,250
• − HOA: −$2,460
• − Depreciation: −$7,270
• Taxable loss: −$4,723
• Est. tax savings @ 24.0%: +$1,133
• After-tax cash flow: $547/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: Strongsville City
• NCES district ID: 3904484
• Math proficiency: 73% ▼ -10.00%
• Reading proficiency: 79% ▼ -2.00%
• Median HH income: $78,206
• Composite: 67.02/100
• National rank: #395
• State rank: #62 of 656 in OH

Livability — Strongsville

• Score: 88/100
• State rank: #27
• US rank: #243

Category grades

Amenities A+ 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: Strongsville, OH
• County: Cuyahoga · 1,045,444 people
• City population: 46,110
• Metro: Cleveland, OH
• Population (ZIP): 21,042
• Household income: $114,107
• Rent vs Own: 5.7% rent · 94.3% own
• Severe rent burden: 2.7

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 (91%)
• Race & ethnicity: White 91% Asian 3% Two or more races 3% Hispanic / Latino 3% Black 1%
• Common ancestry: Romanian 11% Italian 2% Slovak 2%
• Foreign-born: 7% · Canada, China
• Languages at home: 92% English-only · Other Indo-European 2% Arabic 1% Russian/Polish/Slavic 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: ▼ -238.17%
• Current HPI: 196.9311
• Rent YoY: —
• Metro: —
• 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

+95.4% since first listed

17 events — show timeline

• 2026-06-01 Pending — MLSNOW
• 2026-05-13 Price Changed $249,900 MLSNOW
• 2026-05-07 Price Changed $254,000 MLSNOW
• 2026-04-17 Listed $259,000 MLSNOW
• 2021-10-08 Sold (MLS) $205,000 MLSNOW
• 2021-09-24 Pending — MLSNOW
• 2021-09-20 Contingent — MLSNOW
• 2021-09-16 Listed $179,900 MLSNOW
• 2015-03-26 Sold (MLS) $91,500 MLSNOW
• 2015-03-10 Pending — MLSNOW
• 2015-03-06 Price Changed $99,900 MLSNOW
• 2015-03-04 Listed $103,500 MLSNOW
• 1999-10-25 Sold (Public Records) $128,500 Public Records
• 1999-10-25 Sold (MLS) $128,500 MLSNOW
• 1999-09-20 Listed $127,900 MLSNOW
• 1999-09-18 Listing Removed — MLSNOW
• 1999-03-22 Listed $127,900 MLSNOW

Property tax history

+3.1%/yr

Latest (2025): $3,369 · -0.0% YoY. Source: county tax records.