921 Euclid Ave · Lorain, OH 44052

$128,500

4 bd · 1.0 ba · 1,221 sqft · SingleFamily public records · 17 Days on market

Built 1951 5,227 sqft lot Est $154k · 16% under

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Why this score? — see what drove the C+ 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 +23.4/30.0
• ARV discount +14.9/15.0
• DSCR +7.5/10.0
• 1% rule +5.5/10.0
• Rent growth +3.5/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute 3 bedroom cape cod features a large living room with laminate flooring that flows into the spacious eat-in kitchen. The kitchen features a storage closet, and sliders that lead you to the 1 car detatched garage. Off the kitchen is more storage and your laundry/utility room. There are 2 first floor bedrooms and the full updated bathroom features a large walk-in shower. Upstairs you'll find the 3rd bedroom and a fun office space or additional living space with 2 closet areas for more storage. The gas furnace was serviced in 2020. Nice corner lot with an extra wide concrete driveway for additional parking. Gas range, refrigerator, washer & dryer will stay. This home is ready for a new homeowner!

Key facts

• Extra wide driveway
• First floor laundry
• New roof

Tags

• DETACHED GARAGE
• FIRST FLOOR LAUNDRY
• EXTRA WIDE DRIVEWAY
• NEW ROOF

Property features AI

Exterior

• Parking: Detached garage with one garage space; Paved driveway
• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Two-story home; Vinyl siding exterior; Slab foundation; Asphalt fiberglass roof
• Construction: Built per public records; Vinyl siding; Asphalt/Fiberglass roof; Slab foundation
• Exterior features: Corner lot, landscaped; Partial chain-link fencing

Interior

• Kitchen: Garbage disposal; Range
• Bedrooms: Two main-level bedrooms; Second-level bedroom/bonus room
• Flooring: Carpet in bedrooms and bonus room; Laminate in living room and eat-in kitchen
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Gas heating; Central air conditioning
• Interior features: 6 total rooms; Smoke detectors installed
• Laundry & utility: Washer hookup; Electric dryer hookup; Indoor laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $128k.

Deal economics

• At list price, monthly cash flow is $237 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $128k).
• Recommended offer: $127k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 5.9% in Lorain — 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 67/100 on livability (#595 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, amenities D, health & safety D.
• Lorain City (suburban): math 13% / reading 26% proficiency, ranked #633 of 656 in OH (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.1%/yr); 129 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 1,098 units permitted in Lorain County in 2024 (20 in 5+ unit buildings).
• This rent runs 36% of the median local income ($45k/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 $888 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 9 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 $75k; list at $128k implies a 71% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $126,572 (1.5% below list)

Questions for the listing agent

1. Built in 1951 — 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.05% ✓
• Cap rate: 8.51%
• Cash-on-cash: 7.90%
• DSCR: 1.35
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $153,846
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
921 Euclid Ave	0.00mi	4/1.0	1,221 (0%)	1mo	$135,000	$111	100
2867 Garfield Blvd	0.26mi	3/1.0 (-1)	1,221 (0%)	2mo	$92,000	$75	81
2967 Cleveland Blvd	0.40mi	3/1.5 (-1)	1,243 (+2%)	2mo	$209,000	$168	70
2737 N Jefferson Blvd	0.37mi	3/2.0 (-1)	1,240 (+2%)	3mo	$197,500	$159	69
805 Euclid Ave	0.09mi	3/1.0 (-1)	1,066 (-13%)	6mo	$129,900	$122	65
2417 G St	0.36mi	3/1.5 (-1)	1,152 (-6%)	6mo	$179,900	$156	62
1401 Missouri Ave	0.53mi	3/2.0 (-1)	1,194 (-2%)	5mo	$168,000	$141	58
248 Root Rd	0.62mi	3/1.5 (-1)	1,200 (-2%)	4mo	$156,500	$130	58
2947 Colorado Ave	0.61mi	3/2.0 (-1)	1,246 (+2%)	7mo	$71,350	$57	53
319 Concord Dr	0.39mi	3/1.5 (-1)	1,350 (+11%)	7mo	$165,000	$122	52
2149 Hancock St	0.69mi	4/1.0	1,073 (-12%)	2mo	$126,000	$117	46
1622 New Jersey Ave	0.58mi	3/1.0 (-1)	1,040 (-15%)	2mo	$131,000	$126	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 · 4.09% rent growth · sell at horizon

5-year hold

• IRR: -3.1%
• Equity multiple: 0.88×
• Total profit: $-4,255
• Equity at exit: $19,160

10-year hold

• IRR: 7.7%
• Equity multiple: 1.61×
• Total profit: $21,917
• Equity at exit: $11,110

Cash invested: $35,980 (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 44052

• Home prices YoY: -28.1%
• Rents YoY: 4.1%
• Active inventory: 129
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,346 high
• Mortgage (P&I): −$674
• Tax from tax record: −$99 /mo · $1,186/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $237

Break-even live

Break-even rent $1,046

Max offer price $128,500

Occupancy floor 77%

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: $32,125
• Closing costs: $3,855
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1109 Euclid Ave Lorain, OH	3.0	1.0	1066	$995	$0.93	1d	1	0.08mi
716 Dakota Ave Lorain, OH	3.0	2.0	1490	$1,650	$1.11	1d	1	0.23mi
629 Vermont Dr Lorain, OH	3.0	1.0	840	$1,195	$1.42	1d	1	0.34mi
2327 S Jefferson Blvd Lorain, OH	3.0	1.0	1485	$1,531	$1.03	21d	1	0.51mi
1630 Euclid Ave Lorain, OH	3.0	1.0	900	$1,100	$1.22	43d	1	0.55mi
1508 Fillmore Ave Unit 1510 Fillmore Ave: Left Unit Lorain, OH	3.0	1.0	896	$900	$1.00	7d	1	0.85mi
1510 Fillmore Ave Lorain, OH	3.0	1.0	896	$900	$1.00	7d	1	0.85mi

Listing history 29 events

1. 2026-05-15
   status Pending
2. 2026-05-01
   historical Contingent
3. 2026-04-28
   listed $128,500 Active
4. 2021-02-18
   soldstatus $75,000 Closed 713-char remark

   Show marketing remark (713 chars)

   Cute 3 bedroom cape cod features a large living room with laminate flooring that flows into the spacious eat-in kitchen. The kitchen features a storage closet, and sliders that lead you to the 1 car detatched garage. Off the kitchen is more storage and your laundry/utility room. There are 2 first floor bedrooms and the full updated bathroom features a large walk-in shower. Upstairs you'll find the 3rd bedroom and a fun office space or additional living space with 2 closet areas for more storage. The gas furnace was serviced in 2020. Nice corner lot with an extra wide concrete driveway for additional parking. Gas range, refrigerator, washer & dryer will stay. This home is ready for a new homeowner!

5. 2021-02-18
   soldstatus $75,000

   Show marketing remark (713 chars)

   Cute 3 bedroom cape cod features a large living room with laminate flooring that flows into the spacious eat-in kitchen. The kitchen features a storage closet, and sliders that lead you to the 1 car detatched garage. Off the kitchen is more storage and your laundry/utility room. There are 2 first floor bedrooms and the full updated bathroom features a large walk-in shower. Upstairs you'll find the 3rd bedroom and a fun office space or additional living space with 2 closet areas for more storage. The gas furnace was serviced in 2020. Nice corner lot with an extra wide concrete driveway for additional parking. Gas range, refrigerator, washer & dryer will stay. This home is ready for a new homeowner!

6. 2021-01-18
   status Pending 713-char remark

   Show marketing remark (713 chars)

   Cute 3 bedroom cape cod features a large living room with laminate flooring that flows into the spacious eat-in kitchen. The kitchen features a storage closet, and sliders that lead you to the 1 car detatched garage. Off the kitchen is more storage and your laundry/utility room. There are 2 first floor bedrooms and the full updated bathroom features a large walk-in shower. Upstairs you'll find the 3rd bedroom and a fun office space or additional living space with 2 closet areas for more storage. The gas furnace was serviced in 2020. Nice corner lot with an extra wide concrete driveway for additional parking. Gas range, refrigerator, washer & dryer will stay. This home is ready for a new homeowner!

7. 2021-01-18
   historical Contingent 713-char remark

   Show marketing remark (713 chars)

   Cute 3 bedroom cape cod features a large living room with laminate flooring that flows into the spacious eat-in kitchen. The kitchen features a storage closet, and sliders that lead you to the 1 car detatched garage. Off the kitchen is more storage and your laundry/utility room. There are 2 first floor bedrooms and the full updated bathroom features a large walk-in shower. Upstairs you'll find the 3rd bedroom and a fun office space or additional living space with 2 closet areas for more storage. The gas furnace was serviced in 2020. Nice corner lot with an extra wide concrete driveway for additional parking. Gas range, refrigerator, washer & dryer will stay. This home is ready for a new homeowner!

8. 2020-12-18
   listed $79,900 Active 713-char remark

   Show marketing remark (713 chars)

   Cute 3 bedroom cape cod features a large living room with laminate flooring that flows into the spacious eat-in kitchen. The kitchen features a storage closet, and sliders that lead you to the 1 car detatched garage. Off the kitchen is more storage and your laundry/utility room. There are 2 first floor bedrooms and the full updated bathroom features a large walk-in shower. Upstairs you'll find the 3rd bedroom and a fun office space or additional living space with 2 closet areas for more storage. The gas furnace was serviced in 2020. Nice corner lot with an extra wide concrete driveway for additional parking. Gas range, refrigerator, washer & dryer will stay. This home is ready for a new homeowner!

9. 2017-09-18
   soldstatus $30,100 Sold 409-char remark

   Show marketing remark (409 chars)

   Lots of potential found in this 3 bedroom cape cod style home! With a little TLC return this house back into the gem of a home it once was! Large living room located in the front of the home. Spacious kitchen with ample cabinets and counter space. Nice sized bedrooms. Don't miss the one car detached garage and great backyard! Being sold as-is. Call today to schedule a private tour. FHA Insured with Escrow.

10. 2017-08-30
    status Pending 409-char remark

    Show marketing remark (409 chars)

    Lots of potential found in this 3 bedroom cape cod style home! With a little TLC return this house back into the gem of a home it once was! Large living room located in the front of the home. Spacious kitchen with ample cabinets and counter space. Nice sized bedrooms. Don't miss the one car detached garage and great backyard! Being sold as-is. Call today to schedule a private tour. FHA Insured with Escrow.

11. 2017-08-10
    historical

    Show marketing remark (409 chars)

    Lots of potential found in this 3 bedroom cape cod style home! With a little TLC return this house back into the gem of a home it once was! Large living room located in the front of the home. Spacious kitchen with ample cabinets and counter space. Nice sized bedrooms. Don't miss the one car detached garage and great backyard! Being sold as-is. Call today to schedule a private tour. FHA Insured with Escrow.

12. 2017-08-10
    listed $30,000 Active 409-char remark

    Show marketing remark (409 chars)

    Lots of potential found in this 3 bedroom cape cod style home! With a little TLC return this house back into the gem of a home it once was! Large living room located in the front of the home. Spacious kitchen with ample cabinets and counter space. Nice sized bedrooms. Don't miss the one car detached garage and great backyard! Being sold as-is. Call today to schedule a private tour. FHA Insured with Escrow.

13. 2016-05-13
    historical Contingent
14. 2016-03-31
    price $35,000
15. 2015-09-09
    listed $49,900 Active
16. 2004-02-09
    soldstatus $83,900
17. 2003-11-05
    soldstatus $61,000
18. 2003-05-23
    listed $62,000
19. 2002-09-03
    historical
20. 2002-04-03
    listed $79,500
21. 1997-05-19
    soldstatus $68,000
22. 1997-05-16
    soldstatus $68,000
23. 1997-03-28
    listed $69,900
24. 1997-03-15
    historical
25. 1996-09-15
    listed $74,500
26. 1991-12-30
    soldstatus $50,000
27. 1991-12-30
    soldstatus $50,000
28. 1991-06-24
    listed $51,900
29. 1987-05-06
    soldstatus $30,742

ⓘ 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: $1,186 · $99/mo
• Projected year-2 tax: $1,595 · $133/mo
• Expected delta: +$409/yr (+$34/mo · 34.5%)

ⓘ 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 ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,150
• − Mortgage interest: −$7,198
• − Property taxes: −$1,186
• − Insurance: −$642
• − Repairs & maintenance: −$1,292
• − Management: −$1,292
• − Depreciation: −$3,738
• Taxable income: $801
• Est. tax owed @ 24.0%: −$192
• After-tax cash flow: $2,651/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: Lorain City
• NCES district ID: 3904426
• Math proficiency: 13% ▼ -24.00%
• Reading proficiency: 26% ▼ -10.00%
• Median HH income: $32,823
• Composite: 15.81/100
• National rank: #9266
• State rank: #633 of 656 in OH

Livability — Lorain

• Score: 67/100
• State rank: #595
• US rank: #10183

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lorain, OH
• County: Lorain County · 219,437 people
• City population: 69,409
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 28,282
• Household income: $45,023
• Rent vs Own: 46.0% rent · 54.0% own
• Severe rent burden: 1423.0

Population outlook (Lorain County) Hauer SSP2

• Today (2025): 314,924 people
• By 2030: 317,546 · +0.8%
• By 2040: 317,962 · +1.0%
• By 2050: 312,872 · -0.7%
• By 2075: 301,806 · -4.2%
• By 2100: 278,271 · -11.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: White 49% Hispanic / Latino 24% Black 21% Two or more races 16%
• Hispanic origin (detail): Mexican 5% Puerto Rican 17%
• Common ancestry: Romanian 6% Lithuanian 1% Iranian 1%
• Foreign-born: 3% · Canada, Vietnam
• Languages at home: 84% English-only · Spanish 14%

Political lean MEDSL · Lorain

• 2024 margin: Lean R (+5.7) · D 46.7% · R 52.4%
• 2008→2024 swing: -23.6pp toward R · 2008: 17.9pp · 2024: -5.7pp
• All cycles: 2024: R+5.7 2020: R+2.5 2016: R+0.3 2012: D+14.4 2008: D+17.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -73.23%
• Current HPI: 186.9657
• Rent YoY: ▲ 4.09%
• 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

+318.0% since first listed

29 events — show timeline

• 2026-05-15 Pending — MLSNOW
• 2026-05-01 Contingent — MLSNOW
• 2026-04-28 Listed $128,500 MLSNOW
• 2021-02-18 Sold (Public Records) $75,000 Public Records
• 2021-02-18 Sold (MLS) $75,000 MLSNOW
• 2021-01-18 Pending — MLSNOW
• 2021-01-18 Contingent — MLSNOW
• 2020-12-18 Listed $79,900 MLSNOW
• 2017-09-18 Sold (MLS) $30,100 MLSNOW
• 2017-08-30 Pending — MLSNOW
• 2017-08-10 Listing Removed — MLSNOW
• 2017-08-10 Listed $30,000 MLSNOW
• 2016-05-13 Contingent — MLSNOW
• 2016-03-31 Price Changed $35,000 MLSNOW
• 2015-09-09 Listed $49,900 MLSNOW
• 2004-02-09 Sold (Public Records) $83,900 Public Records
• 2003-11-05 Sold (MLS) $61,000 MLSNOW
• 2003-05-23 Listed $62,000 MLSNOW
• 2002-09-03 Listing Removed — MLSNOW
• 2002-04-03 Listed $79,500 MLSNOW
• 1997-05-19 Sold (MLS) $68,000 MLSNOW
• 1997-05-16 Sold (Public Records) $68,000 Public Records
• 1997-03-28 Listed $69,900 MLSNOW
• 1997-03-15 Listing Removed — MLSNOW
• 1996-09-15 Listed $74,500 MLSNOW
• 1991-12-30 Sold (Public Records) $50,000 Public Records
• 1991-12-30 Sold (MLS) $50,000 MLSNOW
• 1991-06-24 Listed $51,900 MLSNOW
• 1987-05-06 Sold (Public Records) $30,742 Public Records

Property tax history

+6.1%/yr

Latest (2025): $1,186 · -7.3% YoY. Source: county tax records.