1166 Lafayette Rd Unit G17 · Medina, OH 44256

$75,000

2 bd · 2.0 ba · 1,050 sqft · SingleFamily · 38 Days on market

Built 2021 Good condition $71/sqft · 55% below area ↓ 6% since listing

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +6.3/10.0
• Livability +3.8/5.0
• Condition / age +3.8/5.0
• Rent growth +3.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step inside and it just clicks. Built in 2021, this fresh, low-maintenance mobile home blends clean design with the kind of layout that actually works for everyday life. The open floor plan immediately pulls you in, with natural light moving easily from space to space and a living area that feels both relaxed and ready for anything from a quiet night in to hosting friends. The kitchen flows effortlessly into the main living space, so you are never cut off from the conversation. There is a simplicity here that feels intentional. Everything has its place, and nothing feels crowded. Whether you are cooking, unwinding, or catching up at the end of the day, the space adapts without effort. Two well-sized bedrooms give you flexibility. The primary suite offers privacy and comfort, complete with its own full bath and a layout that feels like a retreat rather than an afterthought. The second bedroom works just as well for guests, a home office, or a creative space. A second full bath keeps things convenient and functional. What really stands out is how new everything feels. Built just a few years ago, you get the benefit of modern construction, updated systems, and finishes that still feel current without needing immediate updates or projects. Outside your door, Medina offers that balance people look for but rarely find. A charming historic square filled with local shops, dining, and seasonal events is just a short drive away. Parks, walking trails, and everyday conveniences are all within easy reach, making it simple to stay connected while still enjoying a quieter pace. This is the kind of place where life feels streamlined in the best way. Less upkeep, more living. Clean lines, comfortable spaces, and a location that keeps you close to everything that matters.

Key facts

• Parking
• Built 2021
• Listed 38 days

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $75k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $784 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 18.8% vs local median 2.9% in Medina — 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 76/100 on livability (#209 in OH, #3,302 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, cost of living A+; Watch: amenities F, commute F, health & safety F.
• Medina City SD (suburban): math 70% / reading 74% proficiency, ranked #115 of 656 in OH (top 18%) — strong family-tenant draw, lease renewals of 3-5y typical; only 16% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising fast (+4.2%/yr); 360 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 471 units permitted in Medina County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.2% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $72,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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: 2.20% ✓
• Cap rate: 18.84%
• Cash-on-cash: 44.81%
• DSCR: 2.99
• GRM: 3.8

CMA / ARV

• ARV (median comp): $164,988
• List price: $75,000
• Delta: -54.54%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.16% rent growth · sell at horizon

5-year hold

• IRR: 43.2%
• Equity multiple: 2.89×
• Total profit: $39,759
• Equity at exit: $11,183

10-year hold

• IRR: 49.8%
• Equity multiple: 6.11×
• Total profit: $107,207
• Equity at exit: $6,485

Cash invested: $21,000 (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 44256

• Rents YoY: 4.2%
• Active inventory: 360
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,649 medium
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $784

Break-even live

Break-even rent $656

Max offer price $75,000

Occupancy floor 47%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5777 Coneflower Dr Medina, OH	2.0	2.0	1318	$1,836	$1.39	1d	10	0.73mi

Listing history 2 events

1. 2026-05-04
   price $75,000 1785-char remark

   Show marketing remark (1785 chars)

   Step inside and it just clicks. Built in 2021, this fresh, low-maintenance mobile home blends clean design with the kind of layout that actually works for everyday life. The open floor plan immediately pulls you in, with natural light moving easily from space to space and a living area that feels both relaxed and ready for anything from a quiet night in to hosting friends. The kitchen flows effortlessly into the main living space, so you are never cut off from the conversation. There is a simplicity here that feels intentional. Everything has its place, and nothing feels crowded. Whether you are cooking, unwinding, or catching up at the end of the day, the space adapts without effort. Two well-sized bedrooms give you flexibility. The primary suite offers privacy and comfort, complete with its own full bath and a layout that feels like a retreat rather than an afterthought. The second bedroom works just as well for guests, a home office, or a creative space. A second full bath keeps things convenient and functional. What really stands out is how new everything feels. Built just a few years ago, you get the benefit of modern construction, updated systems, and finishes that still feel current without needing immediate updates or projects. Outside your door, Medina offers that balance people look for but rarely find. A charming historic square filled with local shops, dining, and seasonal events is just a short drive away. Parks, walking trails, and everyday conveniences are all within easy reach, making it simple to stay connected while still enjoying a quieter pace. This is the kind of place where life feels streamlined in the best way. Less upkeep, more living. Clean lines, comfortable spaces, and a location that keeps you close to everything that matters.

2. 2026-04-16
   listed $79,900 Active 1785-char remark

   Show marketing remark (1785 chars)

   Step inside and it just clicks. Built in 2021, this fresh, low-maintenance mobile home blends clean design with the kind of layout that actually works for everyday life. The open floor plan immediately pulls you in, with natural light moving easily from space to space and a living area that feels both relaxed and ready for anything from a quiet night in to hosting friends. The kitchen flows effortlessly into the main living space, so you are never cut off from the conversation. There is a simplicity here that feels intentional. Everything has its place, and nothing feels crowded. Whether you are cooking, unwinding, or catching up at the end of the day, the space adapts without effort. Two well-sized bedrooms give you flexibility. The primary suite offers privacy and comfort, complete with its own full bath and a layout that feels like a retreat rather than an afterthought. The second bedroom works just as well for guests, a home office, or a creative space. A second full bath keeps things convenient and functional. What really stands out is how new everything feels. Built just a few years ago, you get the benefit of modern construction, updated systems, and finishes that still feel current without needing immediate updates or projects. Outside your door, Medina offers that balance people look for but rarely find. A charming historic square filled with local shops, dining, and seasonal events is just a short drive away. Parks, walking trails, and everyday conveniences are all within easy reach, making it simple to stay connected while still enjoying a quieter pace. This is the kind of place where life feels streamlined in the best way. Less upkeep, more living. Clean lines, comfortable spaces, and a location that keeps you close to everything that matters.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 66% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,784
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$375
• − Repairs & maintenance: −$1,583
• − Management: −$1,583
• − Depreciation: −$2,182
• Taxable income: $8,735
• Est. tax owed @ 24.0%: −$2,096
• After-tax cash flow: $7,313/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.

Condition & rehab AI · 1 photo

Good 75/100 Cosmetic rehab

This single-family home is in good condition with minimal maintenance needed. Painting and landscaping improvements would significantly enhance its curb appeal and value.

Value-add opportunities

• Both Painting exterior and interior — Fresh paint enhances curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and adds value
• Rental HVAC maintenance — Ensures comfort and energy efficiency

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Rental HVAC maintenance — Ensures comfort and energy efficiency ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Medina City SD
• NCES district ID: 3904438
• Math proficiency: 70% ▼ -8.00%
• Reading proficiency: 74% ▼ -4.00%
• Median HH income: $69,725
• Composite: 62.9/100
• National rank: #661
• State rank: #115 of 656 in OH

Livability — Medina

• Score: 76/100
• State rank: #209
• US rank: #3302

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Medina, OH
• County: Medina County · 145,517 people
• City population: 64,924
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 64,924
• Household income: $99,923
• Rent vs Own: 18.5% rent · 81.5% own
• Severe rent burden: 919.0

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 (90%)
• Race & ethnicity: White 90% Two or more races 5% Hispanic / Latino 3% Black 2%
• Common ancestry: Romanian 9% Italian 2% Lithuanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2% Russian/Polish/Slavic 1% Other Indo-European 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: ▼ -191.25%
• Current HPI: 257.2597
• Rent YoY: ▲ 4.16%
• 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

-6.1% since first listed

2 events — show timeline

• 2026-05-04 Price Changed $75,000 MLSNOW
• 2026-04-16 Listed $79,900 MLSNOW