39 Prospect St · Seville, OH 44273

$199,900

2 bd · 1.0 ba · 736 sqft · SingleFamily public records · 3 Days on market

Built 1955 0.25 ac lot

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Schools +5.6/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Cash flow +1.7/30.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Updated ranch in the heart of beautiful Seville. Interior completely renovated with many updates. Huge eat-in kitchen with ceramic tile, nice bathroom with many upgrades. Newer tear-off roof, furnace, siding, hot water tank and plumbing and electrical. Bonus. .. 20 x 20 pole barn in the back along with additional shed for tons of storage. This home is situated on a very quiet street yet still close to I-71 and I-76.

Key facts

• Quartz countertops
• Private backyard
• Tile backsplash

Tags

• QUARTZ COUNTERTOPS
• TILE BACKSPLASH
• PRIVATE BACKYARD
• DETACHED GARAGE

Property features AI

Finance

• Other: Above-grade finished area recorded by assessor

Exterior

• Parking: Detached garage; Two garage spaces
• Utilities: Public water; Public sewer
• Home design: Single-story home; Above-grade finished living area recorded
• Construction: Built (year sourced from public records); Vinyl siding construction; Asphalt/fiberglass roofing
• Exterior features: Vinyl siding; Asphalt/fiberglass roof; Quarter-acre lot

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Two main-level bedrooms
• Bathrooms: One full bathroom on the main level
• Interior features: One-story layout; Window cooling units; Forced air heating

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-761 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $66k (67.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $63k (68.7% below list).
• Recommended offer: $63k (68.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 76/100 on livability (#225 in OH, #3,532 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Cloverleaf Local (rural): math 61% / reading 68% proficiency, ranked #205 of 656 in OH (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 38 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 471 units permitted in Medina County in 2024 (0 in 5+ unit buildings).
• This rent is only 8% of the median local income ($93k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 11 sale attempts since 19y 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 $87k; list at $200k implies a 130% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $62,600 (68.7% 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 1955 — 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: 0.31% ✗
• Cap rate: 1.73%
• Cash-on-cash: -16.31%
• DSCR: 0.27
• GRM: 26.6

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: -48.3%
• Equity multiple: -0.45×
• Total profit: $-80,913
• Equity at exit: $29,806

10-year hold

• IRR: -94.2%
• Equity multiple: -1.38×
• Total profit: $-133,125
• Equity at exit: $17,284

Cash invested: $55,972 (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 44273

• Home prices YoY: -24.9%
• Active inventory: 38
• Price-to-rent: 26.6×

Monthly cashflow live

• Estimated rent: $626 medium
• Mortgage (P&I): −$1,048
• Tax from tax record: −$124 /mo · $1,484/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$131
• Net cashflow: $-761

Break-even live

Break-even rent $1,589

Max offer price $65,510

Occupancy floor —

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13 Electric St Seville, OH	2.0	1.0	600	$650	$1.08	21d	1	0.28mi
7 Electric St Seville, OH	1.0	1.0	600	$600	$1.00	7d	1	0.31mi

Listing history 26 events

1. 2026-05-23
   listed $199,900 Active
2. 2014-09-02
   soldstatus $87,000 419-char remark

   Show marketing remark (419 chars)

   Updated ranch in the heart of beautiful Seville. Interior completely renovated with many updates. Huge eat-in kitchen with ceramic tile, nice bathroom with many upgrades. Newer tear-off roof, furnace, siding, hot water tank and plumbing and electrical. Bonus. .. 20 x 20 pole barn in the back along with additional shed for tons of storage. This home is situated on a very quiet street yet still close to I-71 and I-76.

3. 2014-08-29
   soldstatus $87,000
4. 2014-08-26
   historical 419-char remark

   Show marketing remark (419 chars)

   Updated ranch in the heart of beautiful Seville. Interior completely renovated with many updates. Huge eat-in kitchen with ceramic tile, nice bathroom with many upgrades. Newer tear-off roof, furnace, siding, hot water tank and plumbing and electrical. Bonus. .. 20 x 20 pole barn in the back along with additional shed for tons of storage. This home is situated on a very quiet street yet still close to I-71 and I-76.

5. 2014-03-03
   listed $90,000 419-char remark

   Show marketing remark (419 chars)

   Updated ranch in the heart of beautiful Seville. Interior completely renovated with many updates. Huge eat-in kitchen with ceramic tile, nice bathroom with many upgrades. Newer tear-off roof, furnace, siding, hot water tank and plumbing and electrical. Bonus. .. 20 x 20 pole barn in the back along with additional shed for tons of storage. This home is situated on a very quiet street yet still close to I-71 and I-76.

6. 2012-09-11
   historical
7. 2012-08-01
   listed $99,900
8. 2009-11-20
   soldstatus $79,000
9. 2009-11-20
   soldstatus $79,000
10. 2009-09-22
    listed $79,900
11. 2009-09-21
    historical
12. 2009-06-11
    listed $87,900
13. 2009-06-09
    historical
14. 2009-06-09
    historical
15. 2009-03-09
    listed $93,900
16. 2009-03-09
    listed $93,900
17. 2009-03-06
    historical
18. 2009-03-06
    historical
19. 2009-03-06
    historical
20. 2008-09-04
    listed $100,000
21. 2008-09-04
    listed $100,000
22. 2008-09-04
    listed $100,000
23. 2007-10-19
    soldstatus $29,000
24. 2007-10-19
    soldstatus $29,000
25. 2007-09-05
    listed $30,000
26. 1996-02-12
    soldstatus $25,000

ⓘ 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: $1,484 · $124/mo
• Projected year-2 tax: $2,301 · $192/mo
• Expected delta: +$817/yr (+$68/mo · 55.0%)

ⓘ 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 ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $7,512
• − Mortgage interest: −$11,198
• − Property taxes: −$1,484
• − Insurance: −$1,000
• − Repairs & maintenance: −$601
• − Management: −$601
• − Depreciation: −$5,815
• Taxable loss: −$13,187
• Est. tax savings @ 24.0%: +$3,165
• After-tax cash flow: $-5,964/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: Cloverleaf Local
• NCES district ID: 3904848
• Math proficiency: 61% ▼ -16.00%
• Reading proficiency: 68% ▼ -6.00%
• Median HH income: $58,407
• Composite: 55.59/100
• National rank: #1235
• State rank: #205 of 656 in OH

Livability — Seville

• Score: 76/100
• State rank: #225
• US rank: #3532

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Seville, OH
• County: Medina · 181,928 people
• City population: 7,124
• Metro: Cleveland, OH
• Population (ZIP): 7,124
• Household income: $93,328
• Rent vs Own: 8.4% rent · 91.6% own
• Severe rent burden: 0.9

Population outlook (Medina County) Hauer SSP2

• Today (2025): 185,249 people
• By 2030: 188,174 · +1.6%
• By 2040: 190,350 · +2.8%
• By 2050: 187,283 · +1.1%
• By 2075: 177,108 · -4.4%
• By 2100: 151,304 · -18.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97%
• Common ancestry: Romanian 7% Iranian 2% Lithuanian 2%
• Foreign-born: 1%
• Languages at home: 99% English-only · German/W. Germanic 1%

Political lean MEDSL · Medina

• 2024 margin: Strong R (+24.8) · D 37.2% · R 62.0%
• 2008→2024 swing: -16.8pp toward R · 2008: -8.0pp · 2024: -24.8pp
• All cycles: 2024: R+24.8 2020: R+23.4 2016: R+24.9 2012: R+13.1 2008: R+8.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.75%
• Current HPI: 267.9357
• 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

+699.6% since first listed

26 events — show timeline

• 2026-05-23 Listed $199,900 MLSNOW
• 2014-09-02 Sold (MLS) $87,000 MLSNOW
• 2014-08-29 Sold (Public Records) $87,000 Public Records
• 2014-08-26 Listing Removed — MLSNOW
• 2014-03-03 Listed $90,000 MLSNOW
• 2012-09-11 Listing Removed — MLSNOW
• 2012-08-01 Listed $99,900 MLSNOW
• 2009-11-20 Sold (Public Records) $79,000 Public Records
• 2009-11-20 Sold (MLS) $79,000 MLSNOW
• 2009-09-22 Listed $79,900 MLSNOW
• 2009-09-21 Listing Removed — MLSNOW
• 2009-06-11 Listed $87,900 MLSNOW
• 2009-06-09 Listing Removed — MLSNOW
• 2009-06-09 Listing Removed — MLSNOW
• 2009-03-09 Listed $93,900 MLSNOW
• 2009-03-09 Listed $93,900 MLSNOW
• 2009-03-06 Listing Removed — MLSNOW
• 2009-03-06 Listing Removed — MLSNOW
• 2009-03-06 Listing Removed — MLSNOW
• 2008-09-04 Listed $100,000 MLSNOW
• 2008-09-04 Listed $100,000 MLSNOW
• 2008-09-04 Listed $100,000 MLSNOW
• 2007-10-19 Sold (Public Records) $29,000 Public Records
• 2007-10-19 Sold (MLS) $29,000 MLSNOW
• 2007-09-05 Listed $30,000 MLSNOW
• 1996-02-12 Sold (Public Records) $25,000 Public Records

Property tax history

+1.1%/yr

Latest (2025): $1,484 · -1.3% YoY. Source: county tax records.