8323 Eagle Rd #18 · Kirtland, OH 44094

$75,000

2 bd · 2.0 ba · 880 sqft · SingleFamily · 372 Days on market

Built 2024 Good condition $85/sqft · 132% above area ↓ 10% 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 +6.8/10.0
• Livability +4.0/5.0
• Condition / age +4.0/5.0
• Rent growth +3.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Why settle when you can have everything brand new—at an unbeatable price—in the highly sought-after city of Kirtland? Welcome to Eagle Mobile Home Park, perfectly located near the beautiful Holden Arboretum and just minutes from local parks, shopping, and everyday conveniences—yet tucked away enough to enjoy peace and quiet. This beautifully designed 2-bedroom, 2-bath home offers modern comfort with brand-new luxury vinyl plank flooring throughout, providing a sleek look and easy maintenance. The gorgeous kitchen cabinets offer added storage and style. Also included is the stove, refrigerator, microwave and dishwasher. Recently installed central air conditioning! Enjoy the open-concept layout that seamlessly connects the eat-in kitchen to the bright and inviting living area. The home features a spacious primary suite with a private bath, as well as a comfortable guest bedroom with access to a second full bathroom. This home's lot backs up to the woods, giving you extra space and added privacy—perfect for those who appreciate a touch of nature. With a smaller footprint, you’ll spend less time maintaining and more time enjoying your days. Pets are welcome, and park rules and application are available for review online. Please note: All offers are subject to park approval. Schedule your private showing today or call for information on additional floor plans and available lots in this great community!

Key facts

• Added privacy
• Open-concept layout
• Built 2024

Tags

• OPEN-CONCEPT LAYOUT
• LUXURY VINYL PLANK FLOORING
• GORGEOUS KITCHEN CABINETS
• BACKS UP TO THE WOODS
• ADDED PRIVACY

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 $531 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.8% vs local median 3.5% in Kirtland — 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 80/100 on livability (#109 in OH, #1,647 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, employment A+; Watch: health & safety D, amenities F, commute F.
• Kirtland Local (suburban): math 73% / reading 80% proficiency, ranked #57 of 656 in OH (top 9%) — strong family-tenant draw, lease renewals of 3-5y typical; only 9% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising fast (+4.0%/yr); 187 active listings in the ZIP; solid renter incomes; 448 units permitted in Lake 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.
• Lake County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 4.0% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 372 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y 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.

Recommended offer $66,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 372 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.77% ✓
• Cap rate: 14.79%
• Cash-on-cash: 30.35%
• DSCR: 2.35
• GRM: 4.7

CMA / ARV

• ARV (median comp): $32,375
• List price: $75,000
• Delta: 131.66%
• Verdict: OVERPRICED
• Comps: 15 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8323 Eagle Rd #32	0.00mi	2/1.0	864 (-2%)	4mo	$104,500	$121	90
8323 Eagle Rd #91	0.00mi	2/2.0	910 (+3%)	21mo	$89,661	$99	77
8323 Eagle Rd #23	0.00mi	3/2.0 (+1)	933 (+6%)	14mo	$83,500	$89	74
8323 Eagle Rd #29	0.00mi	3/2.0 (+1)	933 (+6%)	16mo	$86,500	$93	72
8323 Eagle Rd #38	0.00mi	2/2.0	765 (-13%)	11mo	$86,000	$112	69
9735 Chillicothe Rd #2	0.32mi	2/1.0	980 (+11%)	14mo	$25,500	$26	50
9735 Chillicothe Rd #20	0.32mi	2/1.0	780 (-11%)	18mo	$28,300	$36	47

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 · 4.01% rent growth · sell at horizon

5-year hold

• IRR: 26.2%
• Equity multiple: 2.10×
• Total profit: $23,062
• Equity at exit: $11,183

10-year hold

• IRR: 34.4%
• Equity multiple: 4.31×
• Total profit: $69,438
• 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 44094

• Rents YoY: 4.0%
• Active inventory: 187
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,328 medium
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $531

Break-even live

Break-even rent $656

Max offer price $75,000

Occupancy floor 55%

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: —

Listing history 26 events

1. 2026-06-18
   days on market $75,000 Active 372 DOM
2. 2026-06-17
   days on market $75,000 Active 371 DOM
3. 2026-06-16
   days on market $75,000 Active 370 DOM
4. 2026-06-15
   days on market $75,000 Active 369 DOM
5. 2026-06-13
   days on market $75,000 Active 367 DOM
6. 2026-06-13
   days on market $75,000 Active 366 DOM
7. 2026-06-09
   days on market $75,000 Active 363 DOM
8. 2026-06-08
   days on market $75,000 Active 362 DOM
9. 2026-06-07
   days on market $75,000 Active 361 DOM
10. 2026-06-05
    days on market $75,000 Active 358 DOM
11. 2026-06-03
    days on market $75,000 Active 357 DOM
12. 2026-06-02
    days on market $75,000 Active 356 DOM
13. 2026-06-01
    days on market $75,000 Active 355 DOM
14. 2026-05-31
    days on market $75,000 Active 354 DOM
15. 2026-04-27
    price $75,000 1456-char remark

    Show marketing remark (1456 chars)

    Why settle when you can have everything brand new—at an unbeatable price—in the highly sought-after city of Kirtland? Welcome to Eagle Mobile Home Park, perfectly located near the beautiful Holden Arboretum and just minutes from local parks, shopping, and everyday conveniences—yet tucked away enough to enjoy peace and quiet. This beautifully designed 2-bedroom, 2-bath home offers modern comfort with brand-new luxury vinyl plank flooring throughout, providing a sleek look and easy maintenance. The gorgeous kitchen cabinets offer added storage and style. Also included is the stove, refrigerator, microwave and dishwasher. Recently installed central air conditioning! Enjoy the open-concept layout that seamlessly connects the eat-in kitchen to the bright and inviting living area. The home features a spacious primary suite with a private bath, as well as a comfortable guest bedroom with access to a second full bathroom. This home's lot backs up to the woods, giving you extra space and added privacy—perfect for those who appreciate a touch of nature. With a smaller footprint, you’ll spend less time maintaining and more time enjoying your days. Pets are welcome, and park rules and application are available for review online. Please note: All offers are subject to park approval. Schedule your private showing today or call for information on additional floor plans and available lots in this great community!

16. 2026-01-25
    status Active 1456-char remark

    Show marketing remark (1456 chars)

    Why settle when you can have everything brand new—at an unbeatable price—in the highly sought-after city of Kirtland? Welcome to Eagle Mobile Home Park, perfectly located near the beautiful Holden Arboretum and just minutes from local parks, shopping, and everyday conveniences—yet tucked away enough to enjoy peace and quiet. This beautifully designed 2-bedroom, 2-bath home offers modern comfort with brand-new luxury vinyl plank flooring throughout, providing a sleek look and easy maintenance. The gorgeous kitchen cabinets offer added storage and style. Also included is the stove, refrigerator, microwave and dishwasher. Recently installed central air conditioning! Enjoy the open-concept layout that seamlessly connects the eat-in kitchen to the bright and inviting living area. The home features a spacious primary suite with a private bath, as well as a comfortable guest bedroom with access to a second full bathroom. This home's lot backs up to the woods, giving you extra space and added privacy—perfect for those who appreciate a touch of nature. With a smaller footprint, you’ll spend less time maintaining and more time enjoying your days. Pets are welcome, and park rules and application are available for review online. Please note: All offers are subject to park approval. Schedule your private showing today or call for information on additional floor plans and available lots in this great community!

17. 2026-01-15
    historical Contingent 1456-char remark

    Show marketing remark (1456 chars)

    Why settle when you can have everything brand new—at an unbeatable price—in the highly sought-after city of Kirtland? Welcome to Eagle Mobile Home Park, perfectly located near the beautiful Holden Arboretum and just minutes from local parks, shopping, and everyday conveniences—yet tucked away enough to enjoy peace and quiet. This beautifully designed 2-bedroom, 2-bath home offers modern comfort with brand-new luxury vinyl plank flooring throughout, providing a sleek look and easy maintenance. The gorgeous kitchen cabinets offer added storage and style. Also included is the stove, refrigerator, microwave and dishwasher. Recently installed central air conditioning! Enjoy the open-concept layout that seamlessly connects the eat-in kitchen to the bright and inviting living area. The home features a spacious primary suite with a private bath, as well as a comfortable guest bedroom with access to a second full bathroom. This home's lot backs up to the woods, giving you extra space and added privacy—perfect for those who appreciate a touch of nature. With a smaller footprint, you’ll spend less time maintaining and more time enjoying your days. Pets are welcome, and park rules and application are available for review online. Please note: All offers are subject to park approval. Schedule your private showing today or call for information on additional floor plans and available lots in this great community!

18. 2025-08-11
    status Active 1456-char remark

    Show marketing remark (1456 chars)

    Why settle when you can have everything brand new—at an unbeatable price—in the highly sought-after city of Kirtland? Welcome to Eagle Mobile Home Park, perfectly located near the beautiful Holden Arboretum and just minutes from local parks, shopping, and everyday conveniences—yet tucked away enough to enjoy peace and quiet. This beautifully designed 2-bedroom, 2-bath home offers modern comfort with brand-new luxury vinyl plank flooring throughout, providing a sleek look and easy maintenance. The gorgeous kitchen cabinets offer added storage and style. Also included is the stove, refrigerator, microwave and dishwasher. Recently installed central air conditioning! Enjoy the open-concept layout that seamlessly connects the eat-in kitchen to the bright and inviting living area. The home features a spacious primary suite with a private bath, as well as a comfortable guest bedroom with access to a second full bathroom. This home's lot backs up to the woods, giving you extra space and added privacy—perfect for those who appreciate a touch of nature. With a smaller footprint, you’ll spend less time maintaining and more time enjoying your days. Pets are welcome, and park rules and application are available for review online. Please note: All offers are subject to park approval. Schedule your private showing today or call for information on additional floor plans and available lots in this great community!

19. 2025-08-11
    price $82,500 1456-char remark

    Show marketing remark (1456 chars)

    Why settle when you can have everything brand new—at an unbeatable price—in the highly sought-after city of Kirtland? Welcome to Eagle Mobile Home Park, perfectly located near the beautiful Holden Arboretum and just minutes from local parks, shopping, and everyday conveniences—yet tucked away enough to enjoy peace and quiet. This beautifully designed 2-bedroom, 2-bath home offers modern comfort with brand-new luxury vinyl plank flooring throughout, providing a sleek look and easy maintenance. The gorgeous kitchen cabinets offer added storage and style. Also included is the stove, refrigerator, microwave and dishwasher. Recently installed central air conditioning! Enjoy the open-concept layout that seamlessly connects the eat-in kitchen to the bright and inviting living area. The home features a spacious primary suite with a private bath, as well as a comfortable guest bedroom with access to a second full bathroom. This home's lot backs up to the woods, giving you extra space and added privacy—perfect for those who appreciate a touch of nature. With a smaller footprint, you’ll spend less time maintaining and more time enjoying your days. Pets are welcome, and park rules and application are available for review online. Please note: All offers are subject to park approval. Schedule your private showing today or call for information on additional floor plans and available lots in this great community!

20. 2025-07-14
    historical Contingent 1456-char remark

    Show marketing remark (1456 chars)

    Why settle when you can have everything brand new—at an unbeatable price—in the highly sought-after city of Kirtland? Welcome to Eagle Mobile Home Park, perfectly located near the beautiful Holden Arboretum and just minutes from local parks, shopping, and everyday conveniences—yet tucked away enough to enjoy peace and quiet. This beautifully designed 2-bedroom, 2-bath home offers modern comfort with brand-new luxury vinyl plank flooring throughout, providing a sleek look and easy maintenance. The gorgeous kitchen cabinets offer added storage and style. Also included is the stove, refrigerator, microwave and dishwasher. Recently installed central air conditioning! Enjoy the open-concept layout that seamlessly connects the eat-in kitchen to the bright and inviting living area. The home features a spacious primary suite with a private bath, as well as a comfortable guest bedroom with access to a second full bathroom. This home's lot backs up to the woods, giving you extra space and added privacy—perfect for those who appreciate a touch of nature. With a smaller footprint, you’ll spend less time maintaining and more time enjoying your days. Pets are welcome, and park rules and application are available for review online. Please note: All offers are subject to park approval. Schedule your private showing today or call for information on additional floor plans and available lots in this great community!

21. 2025-06-11
    listed $77,500 Active 1456-char remark

    Show marketing remark (1456 chars)

    Why settle when you can have everything brand new—at an unbeatable price—in the highly sought-after city of Kirtland? Welcome to Eagle Mobile Home Park, perfectly located near the beautiful Holden Arboretum and just minutes from local parks, shopping, and everyday conveniences—yet tucked away enough to enjoy peace and quiet. This beautifully designed 2-bedroom, 2-bath home offers modern comfort with brand-new luxury vinyl plank flooring throughout, providing a sleek look and easy maintenance. The gorgeous kitchen cabinets offer added storage and style. Also included is the stove, refrigerator, microwave and dishwasher. Recently installed central air conditioning! Enjoy the open-concept layout that seamlessly connects the eat-in kitchen to the bright and inviting living area. The home features a spacious primary suite with a private bath, as well as a comfortable guest bedroom with access to a second full bathroom. This home's lot backs up to the woods, giving you extra space and added privacy—perfect for those who appreciate a touch of nature. With a smaller footprint, you’ll spend less time maintaining and more time enjoying your days. Pets are welcome, and park rules and application are available for review online. Please note: All offers are subject to park approval. Schedule your private showing today or call for information on additional floor plans and available lots in this great community!

22. 2025-05-22
    historical
23. 2025-03-17
    status Active
24. 2025-03-13
    status Pending
25. 2024-08-23
    price $77,500
26. 2024-05-22
    listed $83,000 Active

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥94°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,942
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$375
• − Repairs & maintenance: −$1,275
• − Management: −$1,275
• − Depreciation: −$2,182
• Taxable income: $5,508
• Est. tax owed @ 24.0%: −$1,322
• After-tax cash flow: $5,052/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 · 12 photos

Good 80/100 Cosmetic rehab

This 2-bedroom, 2-bath home in Eagle Mobile Home Park is in good condition with modern updates and a well-maintained exterior. It offers a good investment opportunity with potential for further value enhancement through minor updates.

Value-add opportunities

• Both Paint interior walls and trim — Fresh paint can enhance the home's appearance and make it more appealing to potential buyers or renters.
• Both Replace countertops and backsplash in kitchen — Modern countertops and backsplash can significantly improve the kitchen's functionality and aesthetic appeal.
• Both Install new lighting fixtures — Upgrading lighting fixtures can make the home more inviting and energy-efficient.
• Both Add a small outdoor patio or seating area — An outdoor space can increase the home's appeal and functionality, making it more attractive to potential buyers or renters.
• Both Install a smart home system — A smart home system can improve convenience and energy efficiency, making the home more attractive to potential buyers or renters.
• Both Add a small outdoor garden or planter box — A small garden or planter box can enhance the home's curb appeal and add a touch of greenery to the exterior.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint interior walls and trim — Fresh paint can enhance the home's appearance and make it more appealing to potential buyers or renters. ↑
• Both Replace countertops and backsplash in kitchen — Modern countertops and backsplash can significantly improve the kitchen's functionality and aesthetic appeal. ↑
• Both Install new lighting fixtures — Upgrading lighting fixtures can make the home more inviting and energy-efficient. ↑
• Both Add a small outdoor patio or seating area — An outdoor space can increase the home's appeal and functionality, making it more attractive to potential buyers or renters. ↑
• Both Install a smart home system — A smart home system can improve convenience and energy efficiency, making the home more attractive to potential buyers or renters. ↑
• Both Add a small outdoor garden or planter box — A small garden or planter box can enhance the home's curb appeal and add a touch of greenery to the exterior. ↑

ⓘ 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: Kirtland Local
• NCES district ID: 3904787
• Math proficiency: 73% ▼ -10.00%
• Reading proficiency: 80% ▼ -2.00%
• Median HH income: $83,416
• Composite: 67.93/100
• National rank: #360
• State rank: #57 of 656 in OH

Livability — Kirtland

• Score: 80/100
• State rank: #109
• US rank: #1647

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kirtland, OH
• County: Lake County · 204,927 people
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 36,873
• Household income: $78,772
• Rent vs Own: 33.3% rent · 66.7% own
• Severe rent burden: 1381.0

Population outlook (Lake County) Hauer SSP2

• Today (2025): 230,022 people
• By 2030: 228,151 · -0.8%
• By 2040: 221,018 · -3.9%
• By 2050: 212,754 · -7.5%
• By 2075: 200,309 · -12.9%
• By 2100: 183,315 · -20.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 7% Two or more races 4% Hispanic / Latino 2% Asian 2%
• Common ancestry: Romanian 7% Lithuanian 2% Slovak 2%
• Foreign-born: 7% · Canada, China
• Languages at home: 92% English-only · Russian/Polish/Slavic 3% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Lake

• 2024 margin: R (+14.3) · D 42.4% · R 56.7%
• 2008→2024 swing: -15.2pp toward R · 2008: 0.8pp · 2024: -14.3pp
• All cycles: 2024: R+14.3 2020: R+13.6 2016: R+15.6 2012: R+1.7 2008: D+0.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -229.28%
• Current HPI: 179.81
• Rent YoY: ▲ 4.01%
• 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

-9.6% since first listed

12 events — show timeline

• 2026-04-27 Price Changed $75,000 MLSNOW
• 2026-01-25 Relisted — MLSNOW
• 2026-01-15 Contingent — MLSNOW
• 2025-08-11 Relisted — MLSNOW
• 2025-08-11 Price Changed $82,500 MLSNOW
• 2025-07-14 Contingent — MLSNOW
• 2025-06-11 Listed $77,500 MLSNOW
• 2025-05-22 Listing Removed — MLSNOW
• 2025-03-17 Relisted — MLSNOW
• 2025-03-13 Pending — MLSNOW
• 2024-08-23 Price Changed $77,500 MLSNOW
• 2024-05-22 Listed $83,000 MLSNOW