16912 Albion Rd · Strongsville, OH 44136

$445,000

2 bd · 2.0 ba · 2,140 sqft · SingleFamily public records · 21 Days on market

Built 1994 3.38 ac lot $208/sqft · 44% above area Est $367k · 21% over

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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
• Schools +6.7/10.0
• Livability +4.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience the best of country living right in the city with this beautifully remodeled home on a spacious 3.38-acre lot in Strongsville. This home features 4 bedrooms and 2 full baths. The newly updated kitchen features soft-close cabinetry and elegant granite countertops, flowing seamlessly into the inviting great room. Step outside onto the paver patio and enjoy the pool, which overlooks the expansive backyard. This property is also zoned to accommodate up to four horses. Conveniently located near the Metroparks for outdoor enthusiasts!

Key facts

• Picturesque backyard
• 3.37 acre lot
• Updated kitchen

Tags

• 3.37 ACRE LOT
• UPDATED KITCHEN
• GRANITE COUNTERTOPS
• PAVER PATIO
• PICTURESQUE BACKYARD

Property features AI

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Septic tank sewer
• Home design: Single-story home; Vinyl siding exterior; Asphalt/fiberglass roof; Home warranty included
• Construction: Vinyl siding construction; Asphalt/fiberglass roof; Year built per public records
• Exterior features: Property sits on approximately 3.38 acres

Interior

• Bedrooms: Four main-level bedrooms
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: Central air conditioning; Ceiling fans; Gas heating with forced air and baseboard components
• Interior features: Two fireplaces

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $445k.

Deal economics

• At list price, monthly cash flow is $3k ($40k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($8k rent vs $445k).
• Recommended offer: $438k (1.5% below list) — sets the bar for market timing.
• Cap rate 15.4% vs local median 3.2% in Strongsville — 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 88/100 on livability (#27 in OH, #243 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, amenities A+; Watch: commute F.
• Strongsville City (suburban): math 73% / reading 79% proficiency, ranked #62 of 656 in OH (top 10%) — strong family-tenant draw, lease renewals of 3-5y typical; only 15% free/reduced lunch — higher-income household profile.
• Market conditions: 83 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• At $8,055/mo this rent would consume 103% of the median local household income ($94k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k 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 + 3.0% rent growth), your $125k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($438k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 25y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $438,325 (1.5% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.81% ✓
• Cap rate: 15.44%
• Cash-on-cash: 32.65%
• DSCR: 2.45
• GRM: 4.6

CMA / ARV

• ARV (median comp): $367,434
• List price: $445,000
• Delta: 21.11%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16430 N Laguardia Pkwy	0.25mi	3/2.5 (+1)	1,971 (-8%)	9mo	$342,000	$174	61
10664 Scottsdale Dr	0.38mi	2/2.0	1,927 (-10%)	8mo	$275,000	$143	58
10587 Scottsdale Dr	0.42mi	2/2.0	2,079 (-3%)	21mo	$260,000	$125	58
12101 The Blfs	0.50mi	3/3.0 (+1)	2,276 (+6%)	1mo	$405,000	$178	56
17800 Falling Leaves	0.51mi	3/2.0 (+1)	1,968 (-8%)	11mo	$415,000	$211	49
10024 Huntington Park Dr	0.54mi	3/2.0 (+1)	1,868 (-13%)	3mo	$363,600	$195	46
15762 Grosse Pointe Oval	0.56mi	2/2.5	1,846 (-14%)	9mo	$272,000	$147	42
12259 Moss Point Rd	0.67mi	3/2.5 (+1)	2,212 (+3%)	18mo	$405,000	$183	41
10108 S Bexley Cir	0.41mi	3/3.0 (+1)	1,890 (-12%)	20mo	$280,000	$148	36
18060 Falling Leaves Rd	0.61mi	3/2.5 (+1)	2,356 (+10%)	15mo	$319,900	$136	36
9973 S Bexley Cir	0.47mi	3/2.0 (+1)	1,832 (-14%)	21mo	$290,000	$158	31
15275 Forest Park	0.67mi	3/2.0 (+1)	1,821 (-15%)	10mo	$335,000	$184	30

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.0%
• Equity multiple: 2.12×
• Total profit: $139,687
• Equity at exit: $66,351

10-year hold

• IRR: 34.6%
• Equity multiple: 4.17×
• Total profit: $394,635
• Equity at exit: $38,475

Cash invested: $124,600 (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

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 44136

• Active inventory: 83
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $8,055 medium
• Mortgage (P&I): −$2,334
• Tax from tax record: −$454 /mo · $5,449/yr
• Insurance: −$185
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,692
• Net cashflow: $3,324

Break-even live

Break-even rent $3,848

Max offer price $445,000

Occupancy floor 54%

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: $111,250
• Closing costs: $13,350
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8040 Strongsville Blvd Unit 1496063P Strongsville, OH	3.0	2.0	1980	$8,055	$4.07	21d	1	1.47mi

Listing history 12 events

1. 2026-05-15
   status Pending 1181-char remark
2. 2026-05-02
   price $445,000 1181-char remark
3. 2026-04-23
   listed $459,900 Active 1181-char remark
4. 2024-11-15
   soldstatus $435,000
5. 2024-10-31
   soldstatus $435,000 Closed 545-char remark

   Show marketing remark (545 chars)

   Experience the best of country living right in the city with this beautifully remodeled home on a spacious 3.38-acre lot in Strongsville. This home features 4 bedrooms and 2 full baths. The newly updated kitchen features soft-close cabinetry and elegant granite countertops, flowing seamlessly into the inviting great room. Step outside onto the paver patio and enjoy the pool, which overlooks the expansive backyard. This property is also zoned to accommodate up to four horses. Conveniently located near the Metroparks for outdoor enthusiasts!

6. 2024-09-24
   status Pending 545-char remark

   Show marketing remark (545 chars)

   Experience the best of country living right in the city with this beautifully remodeled home on a spacious 3.38-acre lot in Strongsville. This home features 4 bedrooms and 2 full baths. The newly updated kitchen features soft-close cabinetry and elegant granite countertops, flowing seamlessly into the inviting great room. Step outside onto the paver patio and enjoy the pool, which overlooks the expansive backyard. This property is also zoned to accommodate up to four horses. Conveniently located near the Metroparks for outdoor enthusiasts!

7. 2024-09-20
   listed $425,000 Active 545-char remark

   Show marketing remark (545 chars)

   Experience the best of country living right in the city with this beautifully remodeled home on a spacious 3.38-acre lot in Strongsville. This home features 4 bedrooms and 2 full baths. The newly updated kitchen features soft-close cabinetry and elegant granite countertops, flowing seamlessly into the inviting great room. Step outside onto the paver patio and enjoy the pool, which overlooks the expansive backyard. This property is also zoned to accommodate up to four horses. Conveniently located near the Metroparks for outdoor enthusiasts!

8. 2002-02-14
   soldstatus $187,900

   Show marketing remark (327 chars)

   One Of A Kind Adorable Ranch On Parklike Lot * Close To Metropark * Horses Permitted * 33x16 Brick Paver Patio W/ Access From Kit/Liv & Fam Rm * Kit Has White Cabinetry Eating Area & Ceramic Tile * Liv Rm Has Pergo & Gas Fireplace * Vaulted Ceiling Family Rm Has Gas Fireplace, 13 Windows & 2 Skylites *

9. 2002-02-12
   soldstatus $187,900
10. 2002-01-09
    historical

    Show marketing remark (327 chars)

    One Of A Kind Adorable Ranch On Parklike Lot * Close To Metropark * Horses Permitted * 33x16 Brick Paver Patio W/ Access From Kit/Liv & Fam Rm * Kit Has White Cabinetry Eating Area & Ceramic Tile * Liv Rm Has Pergo & Gas Fireplace * Vaulted Ceiling Family Rm Has Gas Fireplace, 13 Windows & 2 Skylites *

11. 2001-10-08
    listed $189,900

    Show marketing remark (327 chars)

    One Of A Kind Adorable Ranch On Parklike Lot * Close To Metropark * Horses Permitted * 33x16 Brick Paver Patio W/ Access From Kit/Liv & Fam Rm * Kit Has White Cabinetry Eating Area & Ceramic Tile * Liv Rm Has Pergo & Gas Fireplace * Vaulted Ceiling Family Rm Has Gas Fireplace, 13 Windows & 2 Skylites *

12. 1986-07-21
    soldstatus $16,500

ⓘ 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: $5,449 · $454/mo
• Projected year-2 tax: $6,196 · $516/mo
• Expected delta: +$746/yr (+$62/mo · 13.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 95% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°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: $96,660
• − Mortgage interest: −$24,927
• − Property taxes: −$5,449
• − Insurance: −$3,022
• − Repairs & maintenance: −$7,733
• − Management: −$7,733
• − Depreciation: −$12,945
• Taxable income: $34,850
• Est. tax owed @ 24.0%: −$8,364
• After-tax cash flow: $31,522/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: Strongsville City
• NCES district ID: 3904484
• Math proficiency: 73% ▼ -10.00%
• Reading proficiency: 79% ▼ -2.00%
• Median HH income: $78,206
• Composite: 67.02/100
• National rank: #395
• State rank: #62 of 656 in OH

Livability — Strongsville

• Score: 88/100
• State rank: #27
• US rank: #243

Category grades

Amenities A+ 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: Strongsville, OH
• County: Cuyahoga · 1,045,444 people
• City population: 46,110
• Metro: Cleveland, OH
• Population (ZIP): 25,068
• Household income: $93,713
• Rent vs Own: 28.1% rent · 71.9% own
• Severe rent burden: 8.9

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 (81%)
• Race & ethnicity: White 81% Asian 11% Two or more races 3% Hispanic / Latino 3% Black 3%
• Common ancestry: Romanian 10% Subsaharan African 3% Slovak 2%
• Foreign-born: 15% · Canada, China, Vietnam
• Languages at home: 82% English-only · Other Indo-European 7% Arabic 3% Russian/Polish/Slavic 2%

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: ▼ -188.78%
• Current HPI: 205.4425
• Rent YoY: —
• Metro: —
• 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

+2597.0% since first listed

12 events — show timeline

• 2026-05-15 Pending — MLSNOW
• 2026-05-02 Price Changed $445,000 MLSNOW
• 2026-04-23 Listed $459,900 MLSNOW
• 2024-11-15 Sold (Public Records) $435,000 Public Records
• 2024-10-31 Sold (MLS) $435,000 MLSNOW
• 2024-09-24 Pending — MLSNOW
• 2024-09-20 Listed $425,000 MLSNOW
• 2002-02-14 Sold (MLS) $187,900 MLSNOW
• 2002-02-12 Sold (Public Records) $187,900 Public Records
• 2002-01-09 Listing Removed — MLSNOW
• 2001-10-08 Listed $189,900 MLSNOW
• 1986-07-21 Sold (Public Records) $16,500 Public Records

Property tax history

+2.4%/yr

Latest (2025): $5,449 · -0.0% YoY. Source: county tax records.