83 E Main St · Seville, OH 44273

$150,000

4 bd · 1.0 ba · 1,116 sqft · SingleFamily public records · 1 Days on market

Built 1908 0.52 ac lot Est $191k · 21% 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).

• ARV discount +15.0/15.0
• Cash flow +14.9/30.0
• Schools +5.6/10.0
• DSCR +4.6/10.0
• Livability +3.8/5.0
• 1% rule +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this charming 3-possible-4-bedroom Century home located on a quiet street in downtown Seville. The main level features a spacious living room, an eat-in kitchen, convenient first-floor laundry, a bedroom, and a full bath, offering flexible living options. Upstairs, you'll find two additional bedrooms plus a tandem room that could serve as a fourth bedroom, home office, nursery, or hobby space. Outside, enjoy a 2-car detached garage complete with a built-in bar, perfect for entertaining or creating your own workshop retreat. Situated on two parcels, this property offers extra outdoor space and potential. Recent updates include the front porch (2014), furnace (2016), hot water tank

Key facts

• 0.52 acre lot
• Garage
• Built 1908

Property features AI

Exterior

• Parking: Detached garage with driveway (1 garage space)
• Utilities: Public sewer; Cistern water
• Home design: Two-story house; Vinyl siding; Asphalt/fiberglass roof; Home warranty included
• Construction: Vinyl siding construction; Asphalt/fiberglass roof; Built according to public records
• Exterior features: Front porch; Lot approximately 0.52 acres (98 x 233)

Interior

• Kitchen: Eat-in kitchen (first level, 16 x 13)
• Bedrooms: Second-level bedroom (15 x 12); Second-level bedroom / possible 4th bedroom (15 x 11); Second-level bedroom (15 x 15); First-level bedroom (11 x 8)
• Flooring: Carpet in some rooms; Other flooring in remaining rooms
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Forced air heating
• Interior features: Full basement; Front porch
• Laundry & utility: Main-level laundry room (16 x 12)

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $43 ($521/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 $123k (17.9% below list).
• Recommended offer: $123k (17.9% 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; solid renter incomes; 471 units permitted in Medina County in 2024 (0 in 5+ unit buildings).
• This rent is only 16% 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 $4k of value loss. Plan a longer hold.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1908 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,118 (17.9% below list)

Questions for the listing agent

1. Built in 1908 — 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. 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?
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: 0.82% ✗
• Cap rate: 6.64%
• Cash-on-cash: 1.24%
• DSCR: 1.06
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $190,836
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
205 Oakwood Ln	0.66mi	3/2.0 (-1)	1,080 (-3%)	2mo	$185,000	$171	53
27 E Main St	0.28mi	3/1.0 (-1)	1,210 (+8%)	23mo	$180,000	$149	48
101 Beachwood Ln	0.74mi	3/2.0 (-1)	1,040 (-7%)	0mo	$279,000	$268	45
50 Prospect St	0.69mi	3/1.0 (-1)	1,023 (-8%)	10mo	$121,000	$118	41
119 Elmwood Dr	0.71mi	3/1.5 (-1)	1,040 (-7%)	10mo	$260,000	$250	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.4%
• Equity multiple: 0.49×
• Total profit: $-21,587
• Equity at exit: $22,365

10-year hold

• IRR: -5.7%
• Equity multiple: 0.63×
• Total profit: $-15,428
• Equity at exit: $12,969

Cash invested: $42,000 (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: 10.2×

Monthly cashflow live

• Estimated rent: $1,231 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$80 /mo · $961/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$259
• Net cashflow: $43

Break-even live

Break-even rent $1,176

Max offer price $150,000

Occupancy floor 91%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2026-06-17
   remarks 699-char remark
2. 2026-06-17
   listed $150,000 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: $961 · $80/mo
• Projected year-2 tax: $1,650 · $138/mo
• Expected delta: +$690/yr (+$57/mo · 71.8%)

ⓘ 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: $14,774
• − Mortgage interest: −$8,402
• − Property taxes: −$961
• − Insurance: −$750
• − Repairs & maintenance: −$1,182
• − Management: −$1,182
• − Depreciation: −$4,364
• Taxable loss: −$2,067
• Est. tax savings @ 24.0%: +$496
• After-tax cash flow: $1,017/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

1 event — show timeline

• 2026-06-17 Listed $150,000 MLSNOW

Property tax history

-0.4%/yr

Latest (2025): $961 · -18.1% YoY. Source: county tax records.