711 E 256th St · Euclid, OH 44132

$169,900

3 bd · 1.5 ba · 1,170 sqft · SingleFamily public records · 4 Days on market

Built 1943 9,147 sqft lot Est $163k · at est.

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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 +14.1/30.0
• ARV discount +5.5/15.0
• Rent growth +5.0/5.0
• 1% rule +4.4/10.0
• DSCR +4.3/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Immaculate, Violation-free Brick Bungalow With Lots Of Storage, Including Cedar Closets. Beautiful Yard With Cement Patio & An Oversized One-car Garage With Workshop Area. Hurry On This One!

Key facts

• Built-in drawers
• Pine floors
• Eat-in kitchen

Tags

• HARDWOOD FLOORS
• EAT-IN KITCHEN
• SIDE PORCH MUDROOM
• ENERGY EFFICIENT VINYL WINDOWS
• PINE FLOORS
• BUILT-IN DRAWERS

Property features AI

Finance

• HOA & community: Community amenities: pool, playground, tennis courts, parks, and neighborhood recreational features

Exterior

• Parking: Detached garage (1-car); Driveway parking; On-street parking
• Utilities: Public water; Public sewer
• Home design: Brick construction; Updated/remodeled condition
• Construction: Brick exterior; Asphalt roof; Brick/mortar foundation; Built date per public records
• Exterior features: Side porch; Back yard with full wood fencing; Community pool; Neighborhood amenities include fishing, golf, lake access, playground, park, sidewalks, street lights, and tennis courts

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 main-level bedrooms
• Bathrooms: 2 full bathrooms (1 on the main level)
• Heating & cooling: Forced air heating; Central air conditioning; Ceiling fans
• Interior features: Natural woodwork; Double-pane, insulated windows; Partially finished basement
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $26 ($309/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $160k (5.9% below list).
• Recommended offer: $160k (5.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 77/100 on livability (#204 in OH, #3,149 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools C-, commute F, employment D-.
• Euclid City (suburban): math 14% / reading 28% proficiency, ranked #625 of 656 in OH (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+15.5%/yr); 40 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 40% of the median local income ($48k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 23y 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 $108k; list at $170k implies a 57% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1943 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $159,915 (5.9% below list)

Questions for the listing agent

1. Built in 1943 — 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. 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?
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: 0.94% ✗
• Cap rate: 6.47%
• Cash-on-cash: 0.65%
• DSCR: 1.03
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $162,630
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
795 E 260th St	0.16mi	3/1.5	1,194 (+2%)	2mo	$183,000	$153	88
25401 Farringdon Ave	0.28mi	3/1.0	1,152 (-2%)	0mo	$186,000	$161	82
25731 Zeman Ave	0.33mi	3/1.5	1,155 (-1%)	2mo	$161,900	$140	81
24251 Puritan Rd	0.45mi	3/1.0	1,200 (+3%)	1mo	$132,000	$110	72
599 E 250th St	0.19mi	3/1.5	1,316 (+12%)	1mo	$154,500	$117	70
571 E 260th St	0.31mi	3/1.5	1,283 (+10%)	1mo	$155,000	$121	68
26361 Elinore Ave	0.26mi	3/1.5	1,037 (-11%)	1mo	$190,000	$183	68
643 E 261st St	0.26mi	4/1.0 (+1)	1,344 (+15%)	1mo	$150,000	$112	55
23896 Devoe Ave	0.56mi	3/1.5	1,326 (+13%)	1mo	$184,000	$139	51
24350 Stephen Ave	0.73mi	3/2.0	1,059 (-10%)	0mo	$185,000	$175	48
26901 Farringdon Ave	0.52mi	4/1.5 (+1)	1,339 (+14%)	1mo	$156,000	$117	46
226 E 242nd St	0.73mi	3/1.5	1,344 (+15%)	1mo	$135,500	$101	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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -9.5%
• Equity multiple: 0.63×
• Total profit: $-17,377
• Equity at exit: $25,333

10-year hold

• IRR: 5.9%
• Equity multiple: 1.54×
• Total profit: $25,700
• Equity at exit: $14,690

Cash invested: $47,572 (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 44132

• Home prices YoY: -16.9%
• Rents YoY: 15.5%
• Active inventory: 40
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,599 high
• Mortgage (P&I): −$891
• Tax from tax record: −$276 /mo · $3,310/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $26

Break-even live

Break-even rent $1,567

Max offer price $169,900

Occupancy floor 93%

Sensitivity live

Price	-10% $122	-5% $74	+0% $26	+5% $-22	+10% $-70
Rent	-10% $-101	-5% $-37	+0% $26	+5% $89	+10% $152
Rate	-1.0pp $111	-0.5pp $69	base $26	+0.5pp $-18	+1.0pp $-63

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
25291 Richards Ave Euclid, OH	4.0	1.0	1164	$1,850	$1.59	3d	1	0.17mi
26230 Briardale Ave Euclid, OH	3.0	2.0	1290	$1,600	$1.24	3d	1	0.22mi
611 E 260th St Euclid, OH	3.0	1.0	875	$1,595	$1.82	45d	1	0.25mi
26450 Drakefield Ave Euclid, OH	4.0	1.5	1241	$1,700	$1.37	3d	1	0.32mi
26351 Farringdon Ave Euclid, OH	3.0	1.0	1257	$1,495	$1.19	3d	1	0.37mi
25301 Shoreview Ave Euclid, OH	3.0	2.0	1131	$1,849	$1.63	16d	1	0.43mi
25301 Shoreview Ave Euclid, OH	3.0	2.0	1131	$1,499	$1.33	3d	1	0.43mi
24200 Puritan Rd Euclid, OH	3.0	1.0	1100	$1,199	$1.09	13d	1	0.48mi
368 E 248th St Euclid, OH	3.0	1.0	1440	$1,395	$0.97	45d	1	0.52mi
26900 Zeman Ave Euclid, OH	4.0	1.5	1241	$1,531	$1.23	21d	1	0.53mi
655 E 240th St Euclid, OH	3.0	1.0	1341	$1,550	$1.16	45d	1	0.58mi
23901 Puritan Rd Euclid, OH	3.0	1.0	1326	$1,595	$1.20	16d	1	0.59mi
300 E 246th St Euclid, OH	3.0	1.0	1116	$1,864	$1.67	45d	1	0.62mi
27190 Zeman Ave Euclid, OH	4.0	1.0	1465	$1,800	$1.23	22d	1	0.63mi
884 E 248th St Euclid, OH	3.0	2.0	1440	$1,699	$1.18	3d	1	0.66mi
270 E 244th St Euclid, OH	1.0–2.0	1.0	702	$950	$1.35	22d	3	0.70mi
26900 Forestview Ave Euclid, OH	3.0	1.0	1098	$1,450	$1.32	3d	1	0.70mi
23307 Williams Ave Euclid, OH	4.0	1.0	1220	$1,700	$1.39	25d	1	0.75mi
24570 Lakeshore Blvd Euclid, OH	1.0–2.0	1.0	925	$1,200	$1.30	45d	1	0.75mi
27701 Mills Ave Unit 2E Euclid, OH	2.0	1.5	1176	$1,275	$1.08	45d	1	0.79mi
24453 Lakeshore Blvd Euclid, OH	1.0–2.0	1.0–2.0	781	$1,040	$1.33	3d	10	0.79mi
797 Babbitt Rd #22 Euclid, OH	3.0	1.5	1360	$1,600	$1.18	45d	1	0.80mi
645 Babbitt Rd Euclid, OH	3.0	1.0	1200	$1,400	$1.17	13d	1	0.83mi
374 E 232nd St Euclid, OH	3.0	1.0	1222	$1,995	$1.63	45d	1	0.85mi
25311 Lakeshore Blvd Unit C14 Euclid, OH	2.0	1.0	925	$995	$1.08	45d	1	0.85mi
23951 Lakeshore Blvd Euclid, OH	1.0–3.0	1.0–1.5	850	$1,168	$1.37	3d	7	0.86mi
24801 Lake Shore Blvd Euclid, OH	2.0	1.0	640	$1,075	$1.68	4d	8	0.87mi
101 E 238th St Euclid, OH	2.0	1.0	959	$1,400	$1.46	16d	1	0.89mi
25611 Lakeshore Blvd Unit F11 Euclid, OH	2.0	1.0	925	$995	$1.08	45d	1	0.93mi
245 E 262nd St Euclid, OH	3.0	2.0	1226	$1,840	$1.50	3d	1	0.97mi
27471 Forestview Ave Euclid, OH	3.0	1.0	1282	$1,495	$1.17	45d	1	0.97mi
26700 Tungsten Rd Unit TN 202 Euclid, OH	2.0	1.0	779	$1,200	$1.54	45d	1	1.01mi
824 E 236th St Euclid, OH	3.0	2.0	1100	$1,720	$1.56	3d	1	1.04mi
26660 Tungsten Rd Unit 105 Euclid, OH	2.0	1.0	900	$1,195	$1.33	5d	1	1.05mi
26640 Tungsten Rd Euclid, OH	2.0	1.0	779	$1,100	$1.41	45d	1	1.07mi
415 E 222nd St Unit 461-23 Euclid, OH	2.0	1.0	700	$875	$1.25	45d	1	1.13mi
26611 Lakeshore Blvd Unit UP Euclid, OH	3.0	2.0	1400	$1,275	$0.91	21d	1	1.13mi
27800 Euclid Ave Unit Euclid 35 -Hillandale Apts-306 Euclid, OH	2.0	1.0	750	$950	$1.27	9d	1	1.15mi
27800 Euclid Ave Unit Euclid 35 Parkhill Apts-5 Euclid, OH	3.0	1.5	755	$1,200	$1.59	45d	1	1.15mi
26251 Brush Ave Euclid, OH	2.0–3.0	1.0	769	$1,600	$2.08	3d	2	1.16mi

Listing history 3 events

1. 2026-06-15
   statusdays on market $169,900 Pending 4 DOM
2. 2026-06-13
   remarks 699-char remark
3. 2026-06-13
   listed $169,900 Active 3 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: $3,310 · $276/mo
• Projected year-2 tax: $3,310 · $276/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 · 17 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: $19,190
• − Mortgage interest: −$9,517
• − Property taxes: −$3,310
• − Insurance: −$850
• − Repairs & maintenance: −$1,535
• − Management: −$1,535
• − Depreciation: −$4,943
• Taxable loss: −$2,500
• Est. tax savings @ 24.0%: +$600
• After-tax cash flow: $909/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: Euclid City
• NCES district ID: 3904395
• Math proficiency: 14% ▼ -19.00%
• Reading proficiency: 28% ▼ -14.00%
• Median HH income: $36,385
• Composite: 17.39/100
• National rank: #9067
• State rank: #625 of 656 in OH

Livability — Euclid

• Score: 77/100
• State rank: #204
• US rank: #3149

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Euclid, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 41,855
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 14,633
• Household income: $47,969
• Rent vs Own: 56.2% rent · 43.8% own
• Severe rent burden: 1297.0

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: Majority Black (64%)
• Race & ethnicity: Black 64% White 29% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 4% Italian 1% Subsaharan African 1%
• Foreign-born: 3%
• Languages at home: 93% English-only · Spanish 3% 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: ▼ -41.89%
• Current HPI: 206.0583
• Rent YoY: ▲ 15.49%
• 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

+71.8% since first listed

7 events — show timeline

• 2026-06-10 Listed $169,900 MLSNOW
• 2004-08-20 Sold (Public Records) $108,000 Public Records
• 2004-08-20 Sold (MLS) $108,005 MLSNOW
• 2004-07-19 Listed $105,000 MLSNOW
• 2003-09-03 Sold (Public Records) $95,000 Public Records
• 2003-09-02 Sold (MLS) $95,000 MLSNOW
• 2003-07-07 Listed $98,900 MLSNOW

Property tax history

+3.2%/yr

Latest (2025): $3,310 · -3.0% YoY. Source: county tax records.