19811 Shakerwood Rd · Warrensville Heights, OH 44122

$165,000

3 bd · 1.5 ba · 1,366 sqft · SingleFamily public records · 1 Days on market

Built 1950 6,486 sqft lot Est $157k · 5% over

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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 +23.9/30.0
• DSCR +7.7/10.0
• 1% rule +5.8/10.0
• ARV discount +5.2/15.0
• Livability +3.7/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to this well-maintained 3-bedroom, 1.5-bath Colonial offering 1,366 square feet of comfortable living space in the heart of Warrensville Heights. Lovingly cared for by the same owner for the past 30 years, this home showcases pride of ownership throughout. Enjoy relaxing and entertaining in the two enclosed sunrooms, featuring windows that open on all sides to let in fresh air and natural light. The spacious rear deck overlooks a large, fully fenced backyard, providing the perfect setting for outdoor gatherings, pets, gardening, or simply unwinding after a long day. Inside, you'll find a functional layout, a partially finished basement offering additional living or recreation s

Key facts

• Enclosed sunrooms
• Attached garage
• Convenient location

Tags

• ENCLOSED SUNROOMS
• REAR DECK
• FULLY FENCED BACKYARD
• PARTIALLY FINISHED BASEMENT
• ATTACHED GARAGE
• CONVENIENT LOCATION

Property features AI

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: 2-story home; Attached property
• Construction: Vinyl siding; Asphalt shingle roof
• Exterior features: Deck; Enclosed porch; Patio; Porch; Screened porch; Back yard fencing

Interior

• Kitchen: Range; Dishwasher; Refrigerator; Freezer
• Bedrooms: Total rooms: 7
• Bathrooms: 1 full bathroom; 1 half bathroom; 1 main-level bathroom
• Interior features: Ceiling fan(s); Chandelier; Partially finished basement; Living room fireplace (1)
• Laundry & utility: Washer; Dryer (laundry in basement)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $321 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).

Location & tenants

• Location reads 73/100 on livability (#316 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, health & safety D, commute D-.
• Warrensville Heights City (suburban): math 22% / reading 29% proficiency, ranked #604 of 656 in OH (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 84% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.1%/yr); 177 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $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 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $165,000

Questions for the listing agent

1. Built in 1950 — 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. 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.
4. 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.
5. 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: 1.08% ✓
• Cap rate: 8.62%
• Cash-on-cash: 8.33%
• DSCR: 1.37
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $157,090
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19315 Gladstone Rd	0.20mi	3/1.5	1,338 (-2%)	1mo	$176,500	$132	86
20111 Lanbury Ave	0.12mi	3/1.5	1,407 (+3%)	5mo	$137,000	$97	86
20604 Kings Hwy	0.38mi	3/1.5	1,402 (+3%)	2mo	$130,000	$93	76
3677 Stoer Rd	0.38mi	3/1.5	1,441 (+6%)	2mo	$277,000	$192	72
3905 Warrensville Center Rd	0.25mi	3/1.0	1,194 (-13%)	4mo	$118,000	$99	62
19207 Harvard Rd	0.42mi	3/2.0	1,258 (-8%)	8mo	$145,000	$115	59
19302 Shakerwood Rd	0.21mi	3/1.0	1,166 (-15%)	7mo	$107,000	$92	58
3717 Winchell Rd	0.47mi	3/2.5	1,485 (+9%)	2mo	$325,000	$219	58
20117 Butternut Ln	0.73mi	4/1.5 (+1)	1,344 (-2%)	5mo	$107,500	$80	54
19207 Kings Hwy	0.32mi	3/1.0	1,176 (-14%)	8mo	$170,000	$145	53
19102 Ridgewood Ave	0.43mi	3/1.0	1,210 (-11%)	8mo	$110,000	$91	52
4146 Ascot Ln	0.62mi	3/2.0	1,189 (-13%)	7mo	$163,000	$137	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 · 1.15% rent growth · sell at horizon

5-year hold

• IRR: -5.7%
• Equity multiple: 0.79×
• Total profit: $-9,586
• Equity at exit: $24,602

10-year hold

• IRR: 1.7%
• Equity multiple: 1.11×
• Total profit: $5,031
• Equity at exit: $14,266

Cash invested: $46,200 (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 44122

• Rents YoY: 1.1%
• Active inventory: 177
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,784 high
• Mortgage (P&I): −$865
• Tax from tax record: −$155 /mo · $1,857/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $321

Break-even live

Break-even rent $1,378

Max offer price $165,000

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19714 Shakerwood Rd Warrensville Heights, OH	3.0	1.5	1344	$1,695	$1.26	44d	1	0.03mi
3660 Warrensville Center Rd Beachwood, OH	2.0	1.0	1650	$1,450	$0.88	16d	1	0.40mi
3886 E 188th St Cleveland, OH	3.0	1.0	1060	$1,800	$1.70	4d	1	0.42mi
3665 Lynnfield Rd Unit UP Shaker Heights, OH	4.0	2.0	1600	$1,849	$1.16	44d	1	0.48mi
3653 Winchell Rd Unit Lower Shaker Heights, OH	2.0	1.0	1190	$1,450	$1.22	44d	1	0.54mi
3614 Lynnfield Rd Shaker Heights, OH	4.0	2.0	1584	$1,450	$0.92	16d	1	0.58mi
4155 Ascot Ln Unit 1496090P Warrensville Heights, OH	3.0	2.0	1184	$5,798	$4.90	15d	1	0.61mi
20730 Patterson Pkwy Beachwood, OH	3.0	1.5	1469	$1,900	$1.29	2d	1	0.64mi
20117 Butternut Ln Cleveland, OH	4.0	1.5	1344	$1,750	$1.30	2d	1	0.72mi
3625 Glencairn Rd Unit 1 Shaker Heights, OH	2.0	1.0	1450	$1,450	$1.00	44d	1	0.72mi
3554 Latimore Rd Unit 1 Shaker Heights, OH	2.0	1.0	1218	$1,500	$1.23	4d	1	0.74mi
3636 Glencairn Rd Unit 2 Shaker Heights, OH	4.0	1.0	1612	$1,750	$1.09	24d	1	0.74mi
3634 Glencairn Rd Shaker Heights, OH	4.0	1.0	1612	$1,750	$1.09	24d	1	0.74mi
3559 Gridley Rd Unit Up Shaker Heights, OH	2.0	1.0	950	$1,495	$1.57	44d	1	0.76mi
19407 Cherrywood Ln Cleveland, OH	3.0	2.0	1152	$1,506	$1.31	16d	1	0.77mi
20835 Chagrin Blvd Unit 35-5 Shaker Heights, OH	2.0	1.0	897	$1,250	$1.39	7d	1	0.78mi
20835 Chagrin Blvd Shaker Heights, OH	2.0	1.0	897	$1,250	$1.39	44d	1	0.78mi
20835 Chagrin Blvd Shaker Heights, OH	2.0	1.0	897	$1,250	$1.39	24d	1	0.78mi
3609 Strandhill Rd Shaker Heights, OH	2.0	1.0	1080	$1,195	$1.11	24d	1	0.80mi
20865 Chagrin Blvd Unit 5 Shaker Heights, OH	2.0	1.0	897	$1,250	$1.39	44d	1	0.80mi
20865 Chagrin Blvd Unit 2 Shaker Heights, OH	2.0	1.0	987	$1,118	$1.13	44d	1	0.80mi
20865 Chagrin Blvd Shaker Heights, OH	2.0	1.0	897	$1,195	$1.33	44d	1	0.80mi
18313 Newell Rd Beachwood, OH	3.0	1.0	1318	$1,395	$1.06	44d	1	0.85mi
19601 Van Aken Blvd Shaker Heights, OH	1.0–4.0	1.0–4.0	1977	$3,462	$1.75	21d	1	0.85mi
3538 Glencairn Rd Unit 2 Shaker Heights, OH	4.0	2.0	1204	$1,449	$1.20	21d	1	0.86mi
3538 Glencairn Rd Shaker Heights, OH	4.0	2.0	1204	$1,449	$1.20	16d	1	0.86mi
3538 Glencairn Rd Shaker Heights, OH	4.0	2.0	1204	$1,449	$1.20	20d	1	0.86mi
19333 Van Aken Blvd Shaker Heights, OH	3.0	2.0	1500	$2,075	$1.38	44d	1	0.86mi
18314 Chagrin Blvd Unit 1 Shaker Heights, OH	3.0	2.0	1670	$1,600	$0.96	17d	1	0.87mi
20005 Farnsleigh Rd Shaker Heights, OH	1.0–3.0	1.0–3.5	1407	$7,815	$5.55	2d	8	0.87mi
3584 Palmerston Rd Unit down Shaker Heights, OH	3.0	1.0	1220	$1,600	$1.31	44d	1	0.91mi
18033 Chagrin Blvd Unit 2 Shaker Heights, OH	2.0	1.0	1200	$2,750	$2.29	2d	1	0.92mi
17408 Invermere Ave Cleveland, OH	4.0	1.5	1278	$1,900	$1.49	11d	1	0.93mi
18231 Winslow Rd Unit Down Shaker Heights, OH	2.0	1.0	1192	$1,375	$1.15	17d	1	0.94mi
3671 Daleford Rd Cleveland, OH	3.0	2.0	1536	$1,675	$1.09	21d	1	0.97mi
3671 Daleford Rd Unit Up Shaker Heights, OH	3.0	2.0	1536	$1,675	$1.09	17d	1	0.97mi
3580 Normandy Rd Cleveland, OH	2.0	1.0	1221	$1,375	$1.13	16d	1	1.01mi
3310 Warrensville Center Rd Shaker Heights, OH	2.0	1.0–1.5	1052	$1,275	$1.21	7d	2	1.03mi
3310 Warrensville Center Rd Shaker Heights, OH	2.0	1.5–2.0	1203	$1,275	$1.06	12d	2	1.03mi
3310 Warrensville Center Rd Shaker Heights, OH	1.0–2.0	1.0–2.0	998	$1,250	$1.25	24d	2	1.03mi

Listing history 2 events

1. 2026-06-18
   remarks 699-char remark
2. 2026-06-18
   listed $165,000 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: $1,857 · $155/mo
• Projected year-2 tax: $2,215 · $185/mo
• Expected delta: +$359/yr (+$30/mo · 19.3%)

ⓘ 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 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,407
• − Mortgage interest: −$9,243
• − Property taxes: −$1,857
• − Insurance: −$825
• − Repairs & maintenance: −$1,713
• − Management: −$1,713
• − Depreciation: −$4,800
• Taxable income: $1,258
• Est. tax owed @ 24.0%: −$302
• After-tax cash flow: $3,545/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: Warrensville Heights City
• NCES district ID: 3904500
• Math proficiency: 22% ▼ -16.00%
• Reading proficiency: 29% ▼ -15.00%
• Median HH income: $34,622
• Composite: 20.98/100
• National rank: #8467
• State rank: #604 of 656 in OH

Livability — Warrensville Heights

• Score: 73/100
• State rank: #316
• US rank: #5173

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Warrensville Heights, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 27,122
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 36,678
• Household income: $101,230
• Rent vs Own: 38.2% rent · 61.8% own
• Severe rent burden: 1294.0

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 0.59)
• Race & ethnicity: White 56% Black 29% Asian 6% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 6% Scotch-Irish 5% Italian 2%
• Foreign-born: 12% · Canada, China
• Languages at home: 85% English-only · Spanish 3% Other Indo-European 3% Chinese 2%

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: ▼ -268.81%
• Current HPI: 200.5087
• Rent YoY: ▲ 1.15%
• 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

1 event — show timeline

• 2026-06-17 Listed $165,000 MLSNOW

Property tax history

+3.1%/yr

Latest (2025): $1,857 · -9.5% YoY. Source: county tax records.