1896 Dunellon Dr · Lyndhurst, OH 44124

$325,000

3 bd · 1.5 ba · 1,712 sqft · SingleFamily public records · 4 Days on market

Built 1957 0.34 ac lot Est $305k · 7% over

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Why this score? — see what drove the F 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 +10.6/30.0
• ARV discount +4.5/15.0
• Livability +4.1/5.0
• 1% rule +3.6/10.0
• Rent growth +3.6/5.0
• Schools +3.1/10.0
• DSCR +3.0/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this fantastic brick ranch on a quiet tree lined Street in Lyndhurst! Close to all amenities & highways you will get to enjoy this very well taken care of home. As you enter, you’ll be greeted by hardwood floors throughout most of the main floor, a bright and airy and spacious family room with views looking out to the front yard. On the back of the house is a beautiful extension to the home enjoying an all seasons room which can be used as an office or a play room or to possibly enjoy early morning coffee or late night wine. A dining room space is adjacent to the kitchen perfect for family dinners. The large kitchen has updated countertops, freshly painted cabinets and updated hardware. A spacious laundry/mudroom and a half bath are also located on the main floor. 3 spacious bedrooms all on the upper floor along with a full bathroom which has been recently updated. The master bedroom has recently been updated with an additional Full updated bathroom. on the lower level the n

Key facts

• New kitchen
• Corner deep lot
• New appliances

Tags

• CORNER DEEP LOT
• NEW KITCHEN
• NEW APPLIANCES
• NEW ROOF
• NEW SHUTTERS
• ENTIRE INTERIOR PAINTED

Property features AI

Finance

• HOA & community: Playground and park in the community

Exterior

• Parking: Attached garage with electricity; Paved driveway; 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-story home; Brick construction; Asphalt/fiberglass roof; Built per public records
• Construction: Brick exterior; Asphalt/fiberglass roof
• Exterior features: Patio; Corner lot; Wooded lot

Interior

• Kitchen: Range; Dishwasher; Refrigerator
• Bedrooms: 3 main-level bedrooms
• Bathrooms: 3 full bathrooms; 1 half bathroom; 3 main-level bathrooms
• Heating & cooling: Forced air heating (gas); Central air conditioning
• Interior features: Full finished basement; Stone fireplace in the living room; Has a view
• Laundry & utility: Main-level laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $-163 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $296k (8.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $278k (14.4% below list).
• Recommended offer: $278k (14.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 82/100 on livability (#76 in OH, #1,152 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, commute F.
• South Euclid-Lyndhurst City (suburban): math 23% / reading 45% proficiency, ranked #556 of 656 in OH (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.5%/yr); 178 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 41% of the median local income ($82k/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 $2k of loan paydown is wiped out by about $10k 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 19y 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 $179k; list at $325k implies a 82% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $278,351 (14.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.86% ✗
• Cap rate: 5.69%
• Cash-on-cash: -2.14%
• DSCR: 0.90
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $304,736
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1848 Dunellon Dr	0.12mi	3/1.5	1,736 (+1%)	10mo	$270,000	$156	84
1884 Brainard Rd	0.33mi	3/1.5	1,698 (-1%)	3mo	$285,000	$168	81
1876 Dunellon Dr	0.07mi	3/2.5	1,592 (-7%)	6mo	$286,000	$180	76
1730 Alcester Rd	0.58mi	3/2.5	1,715 (+0%)	1mo	$305,500	$178	68
5831 Alberta Dr	0.04mi	3/2.5	1,488 (-13%)	7mo	$290,000	$195	67
1994 Aldersgate Dr	0.52mi	3/2.0	1,800 (+5%)	1mo	$293,000	$163	64
1856 Bremerton Rd	0.25mi	3/1.5	1,493 (-13%)	6mo	$300,000	$201	62
1590 Longwood Dr	0.61mi	3/2.5	1,760 (+3%)	5mo	$265,000	$151	58
1662 Hawthorne Dr	0.46mi	3/2.5	1,464 (-14%)	2mo	$312,000	$213	49
5507 Meadow Wood Blvd	0.57mi	3/2.5	1,918 (+12%)	10mo	$295,000	$154	41
1656 Lyndhurst Rd	0.60mi	3/2.5	1,936 (+13%)	9mo	$250,000	$129	39
1639 Edgefield Rd	0.65mi	4/3.0 (+1)	1,510 (-12%)	2mo	$305,000	$202	38

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 · 4.45% rent growth · sell at horizon

5-year hold

• IRR: -18.1%
• Equity multiple: 0.35×
• Total profit: $-58,784
• Equity at exit: $48,459

10-year hold

• IRR: -7.6%
• Equity multiple: 0.49×
• Total profit: $-46,648
• Equity at exit: $28,100

Cash invested: $91,000 (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 44124

• Rents YoY: 4.5%
• Active inventory: 178
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,784 high
• Mortgage (P&I): −$1,704
• Tax from tax record: −$522 /mo · $6,261/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$585
• Net cashflow: $-163

Break-even live

Break-even rent $2,989

Max offer price $296,286

Occupancy floor —

Sensitivity live

Price	-10% $21	-5% $-71	+0% $-163	+5% $-255	+10% $-347
Rent	-10% $-382	-5% $-272	+0% $-163	+5% $-53	+10% $57
Rate	-1.0pp $1	-0.5pp $-80	base $-163	+0.5pp $-247	+1.0pp $-332

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2021 Aldersgate Dr Cleveland, OH	4.0	2.5	2012	$2,850	$1.42	45d	1	0.47mi
5670 Cherokee Dr Cleveland, OH	4.0	2.0	1920	$1,950	$1.02	8d	1	0.51mi
28790 Addison Ct Pepper Pike, OH	2.0–3.0	2.5	2105	$6,100	$2.90	3d	3	0.55mi
1620 Brainard Rd Cleveland, OH	3.0	1.5	1501	$2,275	$1.52	16d	1	0.62mi
1735 Chelmsford Rd Cleveland, OH	3.0	2.0	1300	$2,200	$1.69	45d	1	0.82mi
2112 Acacia Park Dr #220 Cleveland, OH	2.0	2.0	1222	$1,700	$1.39	45d	1	0.86mi
27200 Cedar Rd Beachwood, OH	1.0–2.0	1.0–2.0	782	$5,521	$7.06	3d	1	0.98mi
27040 Cedar Rd Beachwood, OH	3.0	1.0–2.5	845	$1,881	$2.22	3d	99	1.16mi
26600 George Zeiger Dr Beachwood, OH	1.0–3.0	1.0–3.0	1734	$5,375	$3.10	3d	40	1.25mi
26900 Amhearst Cir Beachwood, OH	1.0–2.0	1.0–2.0	1070	$2,460	$2.30	3d	13	1.36mi
6503 Marsol Rd Mayfield Heights, OH	1.0–3.0	1.0–2.0	1022	$1,450	$1.42	3d	3	1.49mi

Listing history 3 events

1. 2026-06-21
   days on market $325,000 Active 4 DOM
2. 2026-06-17
   remarks 687-char remark
3. 2026-06-17
   listed $325,000 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: $6,261 · $522/mo
• Projected year-2 tax: $6,261 · $522/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥94°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,402
• − Mortgage interest: −$18,205
• − Property taxes: −$6,261
• − Insurance: −$1,625
• − Repairs & maintenance: −$2,672
• − Management: −$2,672
• − Depreciation: −$9,455
• Taxable loss: −$7,488
• Est. tax savings @ 24.0%: +$1,797
• After-tax cash flow: $-153/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: South Euclid-Lyndhurst City
• NCES district ID: 3904479
• Math proficiency: 23% ▼ -22.00%
• Reading proficiency: 45% ▼ -11.00%
• Median HH income: $61,244
• Composite: 30.51/100
• National rank: #6212
• State rank: #556 of 656 in OH

Livability — Lyndhurst

• Score: 82/100
• State rank: #76
• US rank: #1152

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lyndhurst, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 40,046
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 39,779
• Household income: $82,392
• Rent vs Own: 35.6% rent · 64.4% own
• Severe rent burden: 1286.0

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: Predominantly White (69%)
• Race & ethnicity: White 69% Black 15% Two or more races 7% Asian 6% Hispanic / Latino 4%
• Common ancestry: Romanian 6% Scotch-Irish 4% Lithuanian 3%
• Foreign-born: 14% · Canada, China, Vietnam
• Languages at home: 84% English-only · Russian/Polish/Slavic 4% Other Indo-European 4% Spanish 3%

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: ▼ -212.96%
• Current HPI: 164.108
• Rent YoY: ▲ 4.45%
• 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

+80.7% since first listed

16 events — show timeline

• 2026-06-17 Listed $325,000 MLSNOW
• 2020-03-31 Sold (Public Records) $179,000 Public Records
• 2020-03-31 Sold (MLS) $179,000 MLSNOW
• 2020-03-18 Pending — MLSNOW
• 2020-02-24 Contingent — MLSNOW
• 2020-02-21 Price Changed $175,000 MLSNOW
• 2020-02-18 Price Changed $184,500 MLSNOW
• 2020-02-06 Price Changed $189,900 MLSNOW
• 2020-01-31 Relisted — MLSNOW
• 2020-01-31 Listing Removed — MLSNOW
• 2020-01-30 Listed $200,000 MLSNOW
• 2008-09-03 Sold (MLS) $153,500 MLSNOW
• 2008-08-22 Sold (Public Records) $153,500 Public Records
• 2008-05-20 Listed $169,500 MLSNOW
• 2008-04-30 Listing Removed — MLSNOW
• 2007-07-09 Listed $179,900 MLSNOW

Property tax history

+4.4%/yr

Latest (2025): $6,261 · +11.3% YoY. Source: county tax records.