4684 Green Rd · Warrensville Heights, OH 44128

$144,900

3 bd · 1.0 ba · 740 sqft · SingleFamily public records · 3 Days on market

Built 1956 0.25 ac lot

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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 +14.8/30.0
• ARV discount +7.5/15.0
• Rent growth +5.0/5.0
• DSCR +4.5/10.0
• 1% rule +3.9/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Great opportunity to own this 3-bedroom bungalow in Warrensville Heights! Conveniently located near shopping, public transportation, and quick access to I-271 and I-480, this home offers both comfort and convenience. Whether you're searching for a starter home, downsizing, or adding to your investment portfolio, this property is full of potential. The home features a spacious backyard and an enclosed rear porch, perfect for relaxing or entertaining. Included in the sale is an additional parcel (Parcel No. 771-11-019) totaling 0.689 acres, providing extra outdoor space and added value. Updates include a newer furnace and a waterproofed basement completed in 2020, with foundation drains repla

Key facts

• Spacious backyard
• Newer furnace
• Enclosed rear porch

Tags

• SPACIOUS BACKYARD
• ENCLOSED REAR PORCH
• ADDITIONAL PARCEL
• NEWER FURNACE
• WATERPROOFED BASEMENT
• PLUMBED FOR FUTURE HALF BATH

Property features AI

Finance

• Other: Home warranty included; Below-grade finished area of 696 (per assessor); Above-grade finished area of 1,028 (per owner)

Exterior

• Parking: Attached paved garage; 2 garage spaces
• Utilities: Public water; Public sewer
• Home design: 2-story home; Attached property
• Construction: Vinyl siding; Asphalt/fiberglass roof; Built in (year per public records)
• Exterior features: East-facing property; Lot approximately 79 x 140

Interior

• Kitchen: Dishwasher; Range
• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Central air conditioning; Forced-air gas heating
• Interior features: Partially finished basement with sump pump; Total of 5 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $40 ($476/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 $129k (11.2% below list).
• Recommended offer: $129k (11.2% below list) — sets the bar for 1% rule.

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.
• Zoned schools: Warrensville Heights Elementary School (876 students, 0% FRL); Warrensville Heights Middle School (math 13% / reading 23%, grade F, #617 of 654 statewide, top 94%, 374 students, 0% FRL); Warrensville Heights High School (math 12% / reading 47%, grade F, #619 of 781 statewide, top 80%, 547 students, 0% FRL) — zoned schools average 0% FRL vs 84% district-wide (84 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+12.0%/yr); 32 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 35% of the median local income ($44k/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 $4k 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 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 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 $43k; list at $145k implies a 238% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $128,653 (11.2% below list)

Questions for the listing agent

1. Built in 1956 — 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: 0.89% ✗
• Cap rate: 6.62%
• Cash-on-cash: 1.17%
• DSCR: 1.05
• GRM: 9.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -9.1%
• Equity multiple: 0.65×
• Total profit: $-14,151
• Equity at exit: $21,605

10-year hold

• IRR: 6.0%
• Equity multiple: 1.54×
• Total profit: $21,892
• Equity at exit: $12,528

Cash invested: $40,572 (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 44128

• Rents YoY: 12.0%
• Active inventory: 32
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,287 high
• Mortgage (P&I): −$760
• Tax from tax record: −$156 /mo · $1,877/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $40

Break-even live

Break-even rent $1,236

Max offer price $144,900

Occupancy floor 92%

Sensitivity live

Price	-10% $122	-5% $81	+0% $40	+5% $-1	+10% $-42
Rent	-10% $-62	-5% $-11	+0% $40	+5% $90	+10% $141
Rate	-1.0pp $113	-0.5pp $77	base $40	+0.5pp $2	+1.0pp $-36

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: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4761 Walford Rd Cleveland, OH	1.0–4.0	1.0–1.5	1021	$1,200	$1.17	0d	176	0.41mi
4340 Clarkwood Pkwy Cleveland, OH	1.0–4.0	1.0–2.0	1007	$1,108	$1.10	0d	483	0.67mi
20859 Ellacott Pkwy Warrensville Heights, OH	2.0	1.0	672	$955	$1.42	45d	1	1.01mi
20859 Ellacott Pkwy Warrensville Heights, OH	2.0	1.0	672	$955	$1.42	23d	1	1.01mi
20763 Ellacott Pkwy Cleveland, OH	2.0	1.0	672	$955	$1.42	45d	1	1.03mi
5303 Northfield Rd Bedford Heights, OH	2.0	1.0–2.0	712	$1,210	$1.70	0d	26	1.27mi

Listing history 15 events

1. 2026-05-31
   status $144,900 Pending 3 DOM
2. 2026-05-28
   listed $144,900 Active
3. 2023-05-10
   status Active
4. 2023-04-27
   historical Contingent
5. 2023-04-25
   listed $125,000 Active
6. 2017-06-06
   historical
7. 2017-05-03
   price $74,900
8. 2017-03-21
   listed $79,000 Active
9. 2011-10-07
   historical
10. 2011-07-26
    listed $59,900
11. 2007-10-26
    soldstatus $42,900
12. 2007-09-20
    listed $44,900
13. 2007-08-22
    soldstatus $36,667
14. 2000-04-24
    soldstatus $59,000
15. 1987-09-01
    soldstatus $62,900

ⓘ 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: $1,877 · $156/mo
• Projected year-2 tax: $2,069 · $172/mo
• Expected delta: +$191/yr (+$16/mo · 10.2%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 65% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,438
• − Mortgage interest: −$8,117
• − Property taxes: −$1,877
• − Insurance: −$724
• − Repairs & maintenance: −$1,235
• − Management: −$1,235
• − Depreciation: −$4,215
• Taxable loss: −$1,966
• Est. tax savings @ 24.0%: +$472
• After-tax cash flow: $948/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): 27,122
• Household income: $43,993
• Rent vs Own: 49.9% rent · 50.1% own
• Severe rent burden: 2088.0

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: Predominantly Black (93%)
• Race & ethnicity: Black 93% White 3% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4% French/Haitian/Cajun 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: ▼ -83.42%
• Current HPI: 114.0877
• Rent YoY: ▲ 11.96%
• 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

+130.4% since first listed

14 events — show timeline

• 2026-05-28 Listed $144,900 MLSNOW
• 2023-05-10 Relisted — MLSNOW
• 2023-04-27 Contingent — MLSNOW
• 2023-04-25 Listed $125,000 MLSNOW
• 2017-06-06 Listing Removed — MLSNOW
• 2017-05-03 Price Changed $74,900 MLSNOW
• 2017-03-21 Listed $79,000 MLSNOW
• 2011-10-07 Listing Removed — MLSNOW
• 2011-07-26 Listed $59,900 MLSNOW
• 2007-10-26 Sold (MLS) $42,900 MLSNOW
• 2007-09-20 Listed $44,900 MLSNOW
• 2007-08-22 Sold (Public Records) $36,667 Public Records
• 2000-04-24 Sold (Public Records) $59,000 Public Records
• 1987-09-01 Sold (Public Records) $62,900 Public Records

Property tax history

+6.6%/yr

Latest (2025): $1,877 · -8.1% YoY. Source: county tax records.