10100 Grace Ave · Garfield Heights, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 3/10 · Minor
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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).
- Cash flow +20.4/30.0
- ARV discount +14.2/15.0
- DSCR +6.5/10.0
- 1% rule +6.4/10.0
- Rent growth +3.7/5.0
- Livability +3.4/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$120,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Excellent Investment Opportunity Located On a Quiet Dead-End Street In Garfield Hts!! Turnkey Rental Property With Long Term Tenant In Place!! This Well Maintained Colonial Features A Spacious Living Room With Carpet, Natural Woodwork, Fireplace With Mantle, Built-Ins, & A Ceiling Fan!! Formal Dining Room Includes Built-In Cabinetry, Kitchen Offers Ample Cabinet Space & Plenty of Counter Space!! Upstairs You'll Find Two Nice Sized Bedrooms With Beautiful Hardwood Floors & A Full Bath! Relax In The Lower Level Full Partially Finished Basement With Laundry Area & Half Bath!!Back Yard Has A Detached 2-Car Garage & Storage Shed!! Newer Vinyl Windows! Reliable Rental Income & Strong Investment Potential! Don't Miss This Opportunity!!
Key facts
- Third bedroom
- New roof
- 4,996 sq ft lot
Tags
Property features AI
Exterior
- Parking: Detached garage (2 spaces)
- Utilities: Public water; Public sewer
- Home design: 2-story home; Shingle roof; Vinyl siding
- Construction: Built (year per public records); Vinyl siding construction; Shingle roof
- Exterior features: Front porch; Partial fencing
Interior
- Kitchen: Kitchen on first floor (14 x 9)
- Bedrooms: Second-floor bedroom (12 x 12)
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Forced air gas heating; Ceiling fans for cooling
- Interior features: Full, partially finished basement; Living room fireplace
- Laundry & utility: Laundry in basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $120k.
Deal economics
- At list price, monthly cash flow is $157 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $120k).
- Recommended offer: $113k (6.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 67/100 on livability (#593 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: schools C-, crime D-, amenities F.
- Garfield Heights City Schools (suburban): math 8% / reading 22% proficiency, ranked #643 of 656 in OH (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+4.8%/yr); 120 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $830 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
- It's been on market 73 days — a 6% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 11y 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 $85k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 73 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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.
- 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.
- 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
- 1.14% ✓
- Cap rate
- 7.86%
- Cash-on-cash
- 5.60%
- DSCR
- 1.25
- GRM
- 7.3
CMA / ARV
- ARV (on-the-fly)
- $140,970
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 10721 Plymouth Ave | 0.36mi | 3/1.0 (+1) | 1,100 (-1%) | 0mo | $140,000 | $127 | 76 |
| 5288 E 102nd St | 0.14mi | 3/1.5 (+1) | 1,204 (+8%) | 1mo | $146,650 | $122 | 71 |
| 4839 E 94th St | 0.62mi | 3/1.0 (+1) | 1,131 (+2%) | 0mo | $165,000 | $146 | 63 |
| 9609 Alexander Rd | 0.37mi | 3/1.5 (+1) | 988 (-11%) | 1mo | $126,000 | $128 | 56 |
| 9717 Alexander Rd | 0.34mi | 3/2.0 (+1) | 988 (-11%) | 1mo | $125,000 | $127 | 56 |
| 5213 E 119th St | 0.69mi | 3/1.0 (+1) | 1,152 (+4%) | 1mo | $135,000 | $117 | 56 |
| 4847 E 94th St | 0.60mi | 3/1.5 (+1) | 1,173 (+6%) | 2mo | $167,000 | $142 | 54 |
| 4915 E 111th St | 0.59mi | 3/1.0 (+1) | 1,012 (-9%) | 2mo | $143,000 | $141 | 51 |
| 11303 Mccracken Rd | 0.49mi | 3/1.0 (+1) | 1,260 (+14%) | 0mo | $127,000 | $101 | 49 |
| 4881 E 85th St | 0.75mi | 3/2.0 (+1) | 1,160 (+4%) | 1mo | $152,000 | $131 | 48 |
| 4863 E 93rd St | 0.61mi | 3/1.5 (+1) | 1,212 (+9%) | 1mo | $136,000 | $112 | 48 |
| 4868 E 88th St | 0.70mi | 3/1.5 (+1) | 1,232 (+11%) | 2mo | $75,000 | $61 | 41 |
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 · 4.8% rent growth · sell at horizon
- IRR
- -5.4%
- Equity multiple
- 0.80×
- Total profit
- $-6,864
- Equity at exit
- $17,892
- IRR
- 6.5%
- Equity multiple
- 1.53×
- Total profit
- $17,930
- Equity at exit
- $10,375
Cash invested: $33,600 (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
ZIP-level market 44125
- Rents YoY
- 4.8%
- Active inventory
- 120
- Price-to-rent
- 7.3×
Monthly cashflow live
- Estimated rent
- $1,368 high interval (Pro) →
- Mortgage (P&I)
- −$629
- Tax from tax record
- −$245 /mo · $2,935/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$287
- Net cashflow
- $157
Break-even live
Sensitivity live
| Price | -10% $225 | -5% $191 | +0% $157 | +5% $123 | +10% $89 |
|---|---|---|---|---|---|
| Rent | -10% $49 | -5% $103 | +0% $157 | +5% $211 | +10% $265 |
| Rate | -1.0pp $217 | -0.5pp $187 | base $157 | +0.5pp $126 | +1.0pp $94 |
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
- $30,000
- Closing costs
- $3,600
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 10717 Park Heights Ave Unit 3 Garfield Heights, OH | 2.0 | 1.0 | 900 | $750 | $0.83 | 24d | 1 | 0.32mi |
| 10721 Plymouth Ave Cleveland, OH | 3.0 | 1.0 | 1300 | $2,000 | $1.54 | 2d | 1 | 0.36mi |
| 11006 McCracken Rd Cleveland, OH | 2.0 | 1.0 | 887 | $1,350 | $1.52 | 24d | 1 | 0.36mi |
| 9516 Alexander Rd Cleveland, OH | 3.0 | 1.0 | 1500 | $2,000 | $1.33 | 19d | 1 | 0.37mi |
| 10725 Vernon Ave Cleveland, OH | 2.0 | 1.0 | 1092 | $975 | $0.89 | 17d | 1 | 0.41mi |
| 5032 E 110th St Cleveland, OH | 2.0 | 1.0 | 748 | $1,395 | $1.86 | 13d | 1 | 0.42mi |
| 5032 E 110th St Cleveland, OH | 2.0 | 1.0 | 748 | $1,395 | $1.86 | 15d | 1 | 0.42mi |
| 10715 Wadsworth Ave Cleveland, OH | 2.0 | 1.0 | 960 | $800 | $0.83 | 24d | 1 | 0.44mi |
| 11213 McCracken Rd Cleveland, OH | 3.0 | 1.0 | 1200 | $1,375 | $1.15 | 8d | 1 | 0.44mi |
| 11303 McCracken Rd Cleveland, OH | 3.0 | 1.0 | 1300 | $1,650 | $1.27 | 5d | 1 | 0.48mi |
| 10308 Homeworth Ave Unit Down Garfield Heights, OH | 2.0 | 1.0 | 892 | $950 | $1.07 | 24d | 1 | 0.50mi |
| 11110 Vernon Ave Cleveland, OH | 3.0 | 1.0 | 1224 | $1,395 | $1.14 | 24d | 1 | 0.50mi |
| 5145 E 114th St Cleveland, OH | 3.0 | 1.5 | 1174 | $1,620 | $1.38 | 8d | 1 | 0.51mi |
| 4930 E 108th St Unit Down Garfield Heights, OH | 2.0 | 1.0 | 1067 | $925 | $0.87 | 16d | 1 | 0.51mi |
| 10401 Homeworth Ave Unit Up Unit Garfield Heights, OH | 2.0 | 1.0 | 1206 | $1,095 | $0.91 | 20d | 1 | 0.53mi |
| 5052 E 88th St Cleveland, OH | 3.0 | 1.0 | 1221 | $1,400 | $1.15 | 8d | 1 | 0.53mi |
| 10722 Edgepark Dr Garfield Heights, OH | 3.0 | 1.0 | 1296 | $1,449 | $1.12 | 17d | 1 | 0.60mi |
| 10720 Edgepark Dr Cleveland, OH | 3.0 | 1.0 | 1296 | $1,449 | $1.12 | 17d | 1 | 0.60mi |
| 4859 E 97th St Cleveland, OH | 2.0 | 1.0 | 1000 | $1,150 | $1.15 | 24d | 1 | 0.62mi |
| 4874 E 95th St Cleveland, OH | 3.0 | 1.5 | 1352 | $1,774 | $1.31 | 24d | 1 | 0.63mi |
| 4874 E 95th St Cleveland, OH | 3.0 | 1.5 | 1352 | $1,774 | $1.31 | 20d | 1 | 0.63mi |
| 4935 E 86th St Cleveland, OH | 3.0 | 1.0 | 1242 | $1,300 | $1.05 | 16d | 1 | 0.67mi |
| 11512 Tonsing Dr Cleveland, OH | 2.0 | 1.0 | 1104 | $1,095 | $0.99 | 16d | 1 | 0.69mi |
| 11512 Tonsing Dr Unit 2 UP Garfield Heights, OH | 2.0 | 1.0 | 1145 | $975 | $0.85 | 24d | 1 | 0.69mi |
| 4913 E 85th St Unit down Garfield Heights, OH | 2.0 | 1.0 | 1008 | $950 | $0.94 | 24d | 1 | 0.72mi |
| 9309 Garfield Blvd Cleveland, OH | 2.0 | 1.0 | 1056 | $1,400 | $1.33 | 21d | 1 | 0.73mi |
| 4916 E 85th St Cleveland, OH | 3.0 | 1.0 | 1248 | $1,700 | $1.36 | 16d | 1 | 0.74mi |
| 4960 E 84th St Cleveland, OH | 3.0 | 1.5 | 1352 | $1,495 | $1.11 | 8d | 1 | 0.74mi |
| 5581 Saxon Dr Cleveland, OH | 3.0 | 2.0 | 1080 | $1,595 | $1.48 | 8d | 1 | 0.76mi |
| 4928 E 84th St Cleveland, OH | 3.0 | 1.0 | 1352 | $1,395 | $1.03 | 12d | 1 | 0.77mi |
| 4772 E 90th St Unit Down Garfield Heights, OH | 2.0 | 1.0 | 1004 | $950 | $0.95 | 16d | 1 | 0.80mi |
| 10010 Parkview Ave Garfield Heights, OH | 3.0 | 1.0 | 877 | $1,500 | $1.71 | 17d | 1 | 0.82mi |
| 4670 E 90th St Cleveland, OH | 3.0 | 1.0 | 736 | $1,515 | $2.06 | 3d | 1 | 0.97mi |
| 4852 E 81st St Cleveland, OH | 3.0 | 1.0 | 1104 | $1,850 | $1.68 | 2d | 1 | 0.98mi |
| 12214 Shady Oak Blvd Cleveland, OH | 3.0 | 1.0 | 900 | $1,350 | $1.50 | 24d | 1 | 1.06mi |
| 4685 Horton Rd Cleveland, OH | 3.0 | 1.0 | 1174 | $1,400 | $1.19 | 16d | 1 | 1.16mi |
| 5283 E 133rd St Cleveland, OH | 3.0 | 2.0 | 1176 | $1,495 | $1.27 | 16d | 1 | 1.25mi |
| 4657 Warner Rd Cleveland, OH | 2.0 | 1.0 | 700 | $850 | $1.21 | 13d | 1 | 1.26mi |
| 4633 Warner Rd Unit 2 Garfield Heights, OH | 3.0 | 1.0 | 1120 | $1,500 | $1.34 | 3d | 1 | 1.27mi |
| 7133 Bletch Ct Cleveland, OH | 3.0 | 1.5 | 1471 | $2,000 | $1.36 | 44d | 1 | 1.44mi |
Listing history 31 events
-
2026-06-18days on market $120,000 Active 73 DOM
-
2026-06-17days on market $120,000 Active 72 DOM
-
2026-06-16days on market $120,000 Active 71 DOM
-
2026-06-15days on market $120,000 Active 70 DOM
-
2026-06-13days on market $120,000 Active 68 DOM
-
2026-06-13days on market $120,000 Active 67 DOM
-
2026-06-09days on market $120,000 Active 64 DOM
-
2026-06-08days on market $120,000 Active 63 DOM
-
2026-06-07days on market $120,000 Active 62 DOM
-
2026-06-05days on market $120,000 Active 59 DOM
-
2026-06-03days on market $120,000 Active 58 DOM
-
2026-06-02days on market $120,000 Active 57 DOM
-
2026-06-01days on market $120,000 Active 56 DOM
-
2026-05-31days on market $120,000 Active 55 DOM
-
2026-04-06$120,000 Active
-
2026-02-20soldstatus $85,000 Closed 774-char remark
Show marketing remark (774 chars)
Excellent Investment Opportunity Located On a Quiet Dead-End Street In Garfield Hts!! Turnkey Rental Property With Long Term Tenant In Place!! This Well Maintained Colonial Features A Spacious Living Room With Carpet, Natural Woodwork, Fireplace With Mantle, Built-Ins, & A Ceiling Fan!! Formal Dining Room Includes Built-In Cabinetry, Kitchen Offers Ample Cabinet Space & Plenty of Counter Space!! Upstairs You'll Find Two Nice Sized Bedrooms With Beautiful Hardwood Floors & A Full Bath! Relax In The Lower Level Full Partially Finished Basement With Laundry Area & Half Bath!!Back Yard Has A Detached 2-Car Garage & Storage Shed!! Newer Vinyl Windows! Reliable Rental Income & Strong Investment Potential! Don't Miss This Opportunity!!
-
2026-02-20soldstatus $85,000
Show marketing remark (774 chars)
Excellent Investment Opportunity Located On a Quiet Dead-End Street In Garfield Hts!! Turnkey Rental Property With Long Term Tenant In Place!! This Well Maintained Colonial Features A Spacious Living Room With Carpet, Natural Woodwork, Fireplace With Mantle, Built-Ins, & A Ceiling Fan!! Formal Dining Room Includes Built-In Cabinetry, Kitchen Offers Ample Cabinet Space & Plenty of Counter Space!! Upstairs You'll Find Two Nice Sized Bedrooms With Beautiful Hardwood Floors & A Full Bath! Relax In The Lower Level Full Partially Finished Basement With Laundry Area & Half Bath!!Back Yard Has A Detached 2-Car Garage & Storage Shed!! Newer Vinyl Windows! Reliable Rental Income & Strong Investment Potential! Don't Miss This Opportunity!!
-
2026-01-25status Pending 774-char remark
Show marketing remark (774 chars)
Excellent Investment Opportunity Located On a Quiet Dead-End Street In Garfield Hts!! Turnkey Rental Property With Long Term Tenant In Place!! This Well Maintained Colonial Features A Spacious Living Room With Carpet, Natural Woodwork, Fireplace With Mantle, Built-Ins, & A Ceiling Fan!! Formal Dining Room Includes Built-In Cabinetry, Kitchen Offers Ample Cabinet Space & Plenty of Counter Space!! Upstairs You'll Find Two Nice Sized Bedrooms With Beautiful Hardwood Floors & A Full Bath! Relax In The Lower Level Full Partially Finished Basement With Laundry Area & Half Bath!!Back Yard Has A Detached 2-Car Garage & Storage Shed!! Newer Vinyl Windows! Reliable Rental Income & Strong Investment Potential! Don't Miss This Opportunity!!
-
2026-01-14status Active 774-char remark
Show marketing remark (774 chars)
Excellent Investment Opportunity Located On a Quiet Dead-End Street In Garfield Hts!! Turnkey Rental Property With Long Term Tenant In Place!! This Well Maintained Colonial Features A Spacious Living Room With Carpet, Natural Woodwork, Fireplace With Mantle, Built-Ins, & A Ceiling Fan!! Formal Dining Room Includes Built-In Cabinetry, Kitchen Offers Ample Cabinet Space & Plenty of Counter Space!! Upstairs You'll Find Two Nice Sized Bedrooms With Beautiful Hardwood Floors & A Full Bath! Relax In The Lower Level Full Partially Finished Basement With Laundry Area & Half Bath!!Back Yard Has A Detached 2-Car Garage & Storage Shed!! Newer Vinyl Windows! Reliable Rental Income & Strong Investment Potential! Don't Miss This Opportunity!!
-
2026-01-14price $95,000 774-char remark
Show marketing remark (774 chars)
Excellent Investment Opportunity Located On a Quiet Dead-End Street In Garfield Hts!! Turnkey Rental Property With Long Term Tenant In Place!! This Well Maintained Colonial Features A Spacious Living Room With Carpet, Natural Woodwork, Fireplace With Mantle, Built-Ins, & A Ceiling Fan!! Formal Dining Room Includes Built-In Cabinetry, Kitchen Offers Ample Cabinet Space & Plenty of Counter Space!! Upstairs You'll Find Two Nice Sized Bedrooms With Beautiful Hardwood Floors & A Full Bath! Relax In The Lower Level Full Partially Finished Basement With Laundry Area & Half Bath!!Back Yard Has A Detached 2-Car Garage & Storage Shed!! Newer Vinyl Windows! Reliable Rental Income & Strong Investment Potential! Don't Miss This Opportunity!!
-
2025-11-20status Pending 774-char remark
Show marketing remark (774 chars)
Excellent Investment Opportunity Located On a Quiet Dead-End Street In Garfield Hts!! Turnkey Rental Property With Long Term Tenant In Place!! This Well Maintained Colonial Features A Spacious Living Room With Carpet, Natural Woodwork, Fireplace With Mantle, Built-Ins, & A Ceiling Fan!! Formal Dining Room Includes Built-In Cabinetry, Kitchen Offers Ample Cabinet Space & Plenty of Counter Space!! Upstairs You'll Find Two Nice Sized Bedrooms With Beautiful Hardwood Floors & A Full Bath! Relax In The Lower Level Full Partially Finished Basement With Laundry Area & Half Bath!!Back Yard Has A Detached 2-Car Garage & Storage Shed!! Newer Vinyl Windows! Reliable Rental Income & Strong Investment Potential! Don't Miss This Opportunity!!
-
2025-10-07price $125,000 774-char remark
Show marketing remark (774 chars)
Excellent Investment Opportunity Located On a Quiet Dead-End Street In Garfield Hts!! Turnkey Rental Property With Long Term Tenant In Place!! This Well Maintained Colonial Features A Spacious Living Room With Carpet, Natural Woodwork, Fireplace With Mantle, Built-Ins, & A Ceiling Fan!! Formal Dining Room Includes Built-In Cabinetry, Kitchen Offers Ample Cabinet Space & Plenty of Counter Space!! Upstairs You'll Find Two Nice Sized Bedrooms With Beautiful Hardwood Floors & A Full Bath! Relax In The Lower Level Full Partially Finished Basement With Laundry Area & Half Bath!!Back Yard Has A Detached 2-Car Garage & Storage Shed!! Newer Vinyl Windows! Reliable Rental Income & Strong Investment Potential! Don't Miss This Opportunity!!
-
2025-09-04$135,000 Active 774-char remark
Show marketing remark (774 chars)
Excellent Investment Opportunity Located On a Quiet Dead-End Street In Garfield Hts!! Turnkey Rental Property With Long Term Tenant In Place!! This Well Maintained Colonial Features A Spacious Living Room With Carpet, Natural Woodwork, Fireplace With Mantle, Built-Ins, & A Ceiling Fan!! Formal Dining Room Includes Built-In Cabinetry, Kitchen Offers Ample Cabinet Space & Plenty of Counter Space!! Upstairs You'll Find Two Nice Sized Bedrooms With Beautiful Hardwood Floors & A Full Bath! Relax In The Lower Level Full Partially Finished Basement With Laundry Area & Half Bath!!Back Yard Has A Detached 2-Car Garage & Storage Shed!! Newer Vinyl Windows! Reliable Rental Income & Strong Investment Potential! Don't Miss This Opportunity!!
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2020-04-02historical
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2020-01-07price $59,500
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2019-10-02$60,000 Active
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2015-08-20soldstatus $34,000 Sold
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2015-08-12status Pending
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2015-07-29historical Contingent
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2015-06-15$39,900 Active
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1989-01-31soldstatus $55,000
ⓘ 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
- $2,935 · $245/mo
- Projected year-2 tax
- $2,935 · $245/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 ≥96°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,414
- − Mortgage interest
- −$6,722
- − Property taxes
- −$2,935
- − Insurance
- −$600
- − Repairs & maintenance
- −$1,313
- − Management
- −$1,313
- − Depreciation
- −$3,491
- Taxable income
- $40
- Est. tax owed @ 24.0%
- −$10
- After-tax cash flow
- $1,871/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
- Garfield Heights City Schools
- NCES district ID
- 3904404
- Math proficiency
- 8% ▼ -19.00%
- Reading proficiency
- 22% ▼ -18.00%
- Median HH income
- $41,334
- Composite
- 12.88/100
- National rank
- #9590
- State rank
- #643 of 656 in OH
Livability — Garfield Heights
- Score
- 67/100
- State rank
- #593
- US rank
- #10152
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Garfield Heights, OH
- County
- Cuyahoga County · 1,090,369 people
- City population
- 29,461
- Metro
- Cleveland-Elyria, OH
- Population (ZIP)
- 29,461
- Household income
- $57,363
- Rent vs Own
- Severe rent burden
- 1738.0
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
- Diverse neighborhood (Simpson 0.61)
- Race & ethnicity
- Black 47% White 41% Two or more races 7% Hispanic / Latino 6%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 3%
- Common ancestry
- Romanian 11% Slovak 1% Lithuanian 1%
- Foreign-born
- 3% · Canada
- Languages at home
- 94% English-only · Spanish 4% 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
- ▼ -116.98%
- Current HPI
- 155.1507
- Rent YoY
- ▲ 4.80%
- 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 |
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| Industrial Machinery | 3 | $49B |
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| Financial Services | 3 | $24B |
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| Consumer Goods | 2 | $93B |
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| Aerospace / Defense | 2 | $47B |
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| Utilities | 2 | $33B |
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Price history
+118.2% since first listed17 events — show timeline
- 2026-04-06 Listed $120,000 MLSNOW
- 2026-02-20 Sold (Public Records) $85,000 Public Records
- 2026-02-20 Sold (MLS) $85,000 MLSNOW
- 2026-01-25 Pending — MLSNOW
- 2026-01-14 Relisted — MLSNOW
- 2026-01-14 Price Changed $95,000 MLSNOW
- 2025-11-20 Pending — MLSNOW
- 2025-10-07 Price Changed $125,000 MLSNOW
- 2025-09-04 Listed $135,000 MLSNOW
- 2020-04-02 Listing Removed — MLSNOW
- 2020-01-07 Price Changed $59,500 MLSNOW
- 2019-10-02 Listed $60,000 MLSNOW
- 2015-08-20 Sold (MLS) $34,000 MLSNOW
- 2015-08-12 Pending — MLSNOW
- 2015-07-29 Contingent — MLSNOW
- 2015-06-15 Listed $39,900 MLSNOW
- 1989-01-31 Sold (Public Records) $55,000 Public Records
Property tax history
+5.4%/yrLatest (2025): $2,935 · -20.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…