26370 Mallard Ave · Euclid, OH 44132

$109,900

3 bd · 1.0 ba · 1,120 sqft · SingleFamily public records · 1 Days on market

Built 1926 5,601 sqft lot Est $171k · 36% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• Rent growth +5.0/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This lovely Dutch Colonial is in fine shape and could be your new home! This property is currently tenant occupied for $950.00 per month on a month-to-month rental basis. Located on a quiet side street in a nice neighborhood with a detached one-car garage. The first floor consists of a living room, dining room, and updated kitchen. There are three ample bedrooms and a full bath on the second floor plus a full basement with laundry and an updated furnace, water heater, and electrical. A few cosmetic touches could make this home very special! See POS attached for minor items to be handled by the new owner. Need ample notice to show as it is tenant occupied.

Key facts

• 5,601 sq ft lot
• Garage
• Built 1926

Property features AI

Exterior

• Parking: Detached paved garage; 1 garage space
• Utilities: Public water; Public sewer
• Home design: 2-story house; Above-grade finished area reported as 1,120 (per assessor)
• Construction: Built per public records; Aluminum siding; Vinyl siding; Asphalt/fiberglass roof
• Exterior features: Public water; Public sewer

Interior

• Kitchen: Range
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Gas heating
• Interior features: Full basement; Fireplace (1)

🏷️ Possibly a rental listed for sale. The $109,900 price doesn't fit this home's estimated sale value (~$171,360) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $454 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Cap rate 11.3% vs local median 6.8% in Euclid — 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 77/100 on livability (#204 in OH, #3,149 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools C-, commute F, employment D-.
• Euclid City (suburban): math 14% / reading 28% proficiency, ranked #625 of 656 in OH (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+15.5%/yr); 39 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 39% of the median local income ($48k/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 $760 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $31k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 28y 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 $79k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $109,900

Questions for the listing agent

1. Built in 1926 — 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: 1.44% ✓
• Cap rate: 11.25%
• Cash-on-cash: 17.70%
• DSCR: 1.79
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $171,360
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
25731 Zeman Ave	0.22mi	3/1.5	1,155 (+3%)	2mo	$161,900	$140	81
25401 Farringdon Ave	0.33mi	3/1.0	1,152 (+3%)	0mo	$186,000	$161	80
26361 Elinore Ave	0.38mi	3/1.5	1,037 (-7%)	0mo	$190,000	$183	67
571 E 260th St	0.18mi	3/1.5	1,283 (+15%)	1mo	$155,000	$121	65
411 E 270th St	0.36mi	3/1.0	1,245 (+11%)	2mo	$207,500	$167	63
311 E 262nd St	0.37mi	4/1.5 (+1)	1,215 (+8%)	0mo	$200,000	$165	62
795 E 260th St	0.53mi	3/1.5	1,194 (+7%)	2mo	$183,000	$153	61
440 E 271st St	0.35mi	4/1.5 (+1)	1,000 (-11%)	2mo	$145,000	$145	57
24891 Zeman Ave	0.49mi	3/1.0	1,246 (+11%)	2mo	$155,000	$124	57
29023 Weber Ave	0.70mi	4/1.5 (+1)	1,164 (+4%)	0mo	$210,000	$180	53
298 E 270 St	0.53mi	3/1.5	1,274 (+14%)	2mo	$160,000	$126	49
434 E 272nd St	0.48mi	4/1.5 (+1)	1,282 (+14%)	1mo	$195,000	$152	46

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 14.9%
• Equity multiple: 1.63×
• Total profit: $19,491
• Equity at exit: $16,386

10-year hold

• IRR: 27.2%
• Equity multiple: 4.00×
• Total profit: $92,344
• Equity at exit: $9,502

Cash invested: $30,772 (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 44132

• Home prices YoY: -16.9%
• Rents YoY: 15.5%
• Active inventory: 39
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,578 high
• Mortgage (P&I): −$576
• Tax from tax record: −$171 /mo · $2,047/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$331
• Net cashflow: $454

Break-even live

Break-even rent $1,003

Max offer price $109,900

Occupancy floor 66%

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
26351 Farringdon Ave Euclid, OH	3.0	1.0	1257	$1,495	$1.19	1d	1	0.13mi
611 E 260th St Euclid, OH	3.0	1.0	875	$1,595	$1.82	43d	1	0.21mi
26900 Zeman Ave Euclid, OH	4.0	1.5	1241	$1,531	$1.23	19d	1	0.23mi
26450 Drakefield Ave Euclid, OH	4.0	1.5	1241	$1,700	$1.37	1d	1	0.25mi
26900 Forestview Ave Euclid, OH	3.0	1.0	1098	$1,450	$1.32	1d	1	0.26mi
26230 Briardale Ave Euclid, OH	3.0	2.0	1290	$1,600	$1.24	1d	1	0.31mi
27190 Zeman Ave Euclid, OH	4.0	1.0	1465	$1,800	$1.23	21d	1	0.34mi
25301 Shoreview Ave Euclid, OH	3.0	2.0	1131	$1,499	$1.33	2d	1	0.34mi
25301 Shoreview Ave Euclid, OH	3.0	2.0	1131	$1,849	$1.63	14d	1	0.34mi
25291 Richards Ave Euclid, OH	4.0	1.0	1164	$1,850	$1.59	2d	1	0.46mi
368 E 248th St Euclid, OH	3.0	1.0	1440	$1,395	$0.97	43d	1	0.52mi
245 E 262nd St Euclid, OH	3.0	2.0	1226	$1,840	$1.50	1d	1	0.53mi
25311 Lakeshore Blvd Unit C14 Euclid, OH	2.0	1.0	925	$995	$1.08	43d	1	0.55mi
27471 Forestview Ave Euclid, OH	3.0	1.0	1282	$1,495	$1.17	43d	1	0.56mi
25611 Lakeshore Blvd Unit F11 Euclid, OH	2.0	1.0	925	$995	$1.08	43d	1	0.56mi
300 E 246th St Euclid, OH	3.0	1.0	1116	$1,864	$1.67	43d	1	0.57mi
24570 Lakeshore Blvd Euclid, OH	1.0–2.0	1.0	925	$1,200	$1.30	43d	1	0.63mi
24801 Lake Shore Blvd Euclid, OH	2.0	1.0	640	$1,075	$1.68	3d	8	0.63mi
270 E 244th St Euclid, OH	1.0–2.0	1.0	702	$950	$1.35	21d	3	0.65mi
24453 Lakeshore Blvd Euclid, OH	1.0–2.0	1.0–2.0	781	$1,040	$1.33	1d	10	0.67mi
26611 Lakeshore Blvd Unit UP Euclid, OH	3.0	2.0	1400	$1,275	$0.91	20d	1	0.68mi
23951 Lakeshore Blvd Euclid, OH	1.0–3.0	1.0–1.5	850	$1,168	$1.37	2d	7	0.80mi
101 E 238th St Euclid, OH	2.0	1.0	959	$1,400	$1.46	14d	1	0.84mi
24200 Puritan Rd Euclid, OH	3.0	1.0	1100	$1,199	$1.09	12d	1	0.89mi
23901 Puritan Rd Euclid, OH	3.0	1.0	1326	$1,595	$1.20	14d	1	0.98mi
23307 Williams Ave Euclid, OH	4.0	1.0	1220	$1,700	$1.39	23d	1	0.98mi
655 E 240th St Euclid, OH	3.0	1.0	1341	$1,550	$1.16	43d	1	1.00mi
27701 Mills Ave Unit 2E Euclid, OH	2.0	1.5	1176	$1,275	$1.08	43d	1	1.03mi
374 E 232nd St Euclid, OH	3.0	1.0	1222	$1,995	$1.63	43d	1	1.08mi
884 E 248th St Euclid, OH	3.0	2.0	1440	$1,699	$1.18	1d	1	1.12mi
645 Babbitt Rd Euclid, OH	3.0	1.0	1200	$1,400	$1.17	12d	1	1.24mi
797 Babbitt Rd #22 Euclid, OH	3.0	1.5	1360	$1,600	$1.18	43d	1	1.25mi
26700 Tungsten Rd Unit TN 202 Euclid, OH	2.0	1.0	779	$1,200	$1.54	43d	1	1.37mi
27800 Euclid Ave Unit Euclid 35 -Hillandale Apts-306 Euclid, OH	2.0	1.0	750	$950	$1.27	7d	1	1.40mi
27800 Euclid Ave Unit Euclid 35 Parkhill Apts-5 Euclid, OH	3.0	1.5	755	$1,200	$1.59	43d	1	1.40mi
26660 Tungsten Rd Unit 105 Euclid, OH	2.0	1.0	900	$1,195	$1.33	4d	1	1.41mi
26640 Tungsten Rd Euclid, OH	2.0	1.0	779	$1,100	$1.41	43d	1	1.43mi
415 E 222nd St Unit 461-23 Euclid, OH	2.0	1.0	700	$875	$1.25	43d	1	1.46mi
824 E 236th St Euclid, OH	3.0	2.0	1100	$1,720	$1.56	1d	1	1.49mi

Listing history 2 events

1. 2026-06-18
   remarks 361-char remark
2. 2026-06-18
   listed $109,900 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: $2,047 · $171/mo
• Projected year-2 tax: $2,047 · $171/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥94°F today · 17 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: $18,937
• − Mortgage interest: −$6,156
• − Property taxes: −$2,047
• − Insurance: −$550
• − Repairs & maintenance: −$1,515
• − Management: −$1,515
• − Depreciation: −$3,197
• Taxable income: $3,958
• Est. tax owed @ 24.0%: −$950
• After-tax cash flow: $4,498/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: Euclid City
• NCES district ID: 3904395
• Math proficiency: 14% ▼ -19.00%
• Reading proficiency: 28% ▼ -14.00%
• Median HH income: $36,385
• Composite: 17.39/100
• National rank: #9067
• State rank: #625 of 656 in OH

Livability — Euclid

• Score: 77/100
• State rank: #204
• US rank: #3149

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Euclid, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 41,855
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 14,633
• Household income: $47,969
• Rent vs Own: 56.2% rent · 43.8% own
• Severe rent burden: 1297.0

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: Majority Black (64%)
• Race & ethnicity: Black 64% White 29% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 4% Italian 1% Subsaharan African 1%
• Foreign-born: 3%
• Languages at home: 93% English-only · Spanish 3% Russian/Polish/Slavic 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: ▼ -41.89%
• Current HPI: 206.0583
• Rent YoY: ▲ 15.49%
• 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

+37.5% since first listed

20 events — show timeline

• 2026-06-16 Listed $109,900 MLSNOW
• 2021-03-23 Sold (Public Records) $79,000 Public Records
• 2021-03-19 Sold (MLS) $79,000 MLSNOW
• 2021-03-01 Pending — MLSNOW
• 2021-02-20 Contingent — MLSNOW
• 2021-02-05 Listed $83,900 MLSNOW
• 2020-12-20 Listing Removed — MLSNOW
• 2020-11-15 Price Changed $83,900 MLSNOW
• 2020-10-16 Listed $84,900 MLSNOW
• 2019-03-01 Sold (Public Records) $90,469 Public Records
• 2017-12-29 Sold (Public Records) $53,000 Public Records
• 2017-01-30 Listing Removed — MLSNOW
• 2017-01-27 Price Changed $17,900 MLSNOW
• 2017-01-20 Relisted — MLSNOW
• 2017-01-18 Pending — MLSNOW
• 2017-01-17 Contingent — MLSNOW
• 2017-01-06 Listed $19,900 MLSNOW
• 1999-01-08 Sold (Public Records) $85,900 Public Records
• 1999-01-08 Sold (MLS) $85,900 MLSNOW
• 1998-05-07 Listed $79,900 MLSNOW

Property tax history

-0.5%/yr

Latest (2025): $2,047 · -3.0% YoY. Source: county tax records.