3569 Everett Rd · Richfield, OH 44286

$295,000

3 bd · 1.0 ba · 1,164 sqft · SingleFamily public records · 1 Days on market

Built 1956 0.91 ac lot Est $240k · 23% over

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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 +25.8/30.0
• DSCR +8.7/10.0
• Schools +7.6/10.0
• 1% rule +6.2/10.0
• Livability +3.5/5.0
• 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

Welcome home to this charming, move-in ready ranch in the highly sought after Revere Local School District. Built in the 1950s, this 3 bedroom, 1 bath home blends timeless character with the peace of mind of major updates already completed. Original hardwood floors flow throughout the living room and bedrooms, adding warmth and charm. The updated kitchen and bathroom offer modern convenience while maintaining the home’s classic appeal. A spacious dining room provides the perfect setting for gatherings and everyday living. Outside, enjoy the privacy and beauty of the expansive 1-acre lot featuring a stamped concrete patio ideal for entertaining or relaxing evenings at home. The oversiz

Key facts

• Spacious dining room
• Expansive 1 acre lot
• Updated kitchen

Tags

• ORIGINAL HARDWOOD FLOORS
• UPDATED KITCHEN
• UPDATED BATHROOM
• SPACIOUS DINING ROOM
• EXPANSIVE 1 ACRE LOT
• STAMPED CONCRETE PATIO

Property features AI

Exterior

• Parking: Detached garage; Concrete driveway; 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-story home; Vinyl siding; Asphalt/fiberglass roof
• Construction: Built (year per public records); Vinyl siding construction; Asphalt/fiberglass roof
• Exterior features: Patio; Porch; Corner lot

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Gas heating; Central air conditioning
• Interior features: Unfinished basement; 6 total rooms
• Laundry & utility: Washer and dryer located on the lower level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $295k.

Deal economics

• At list price, monthly cash flow is $720 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $295k).

Location & tenants

• Location reads 69/100 on livability (#500 in OH) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, cost of living A+; Watch: amenities F, commute F, health & safety F.
• Revere Local (rural): math 83% / reading 86% proficiency, ranked #17 of 656 in OH (top 3%) — strong family-tenant draw, lease renewals of 3-5y typical; only 5% free/reduced lunch — higher-income household profile.
• Market conditions: 22 active listings in the ZIP; 1 comparable units currently listed for rent nearby; high-income renter base; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
• This rent runs 34% of the median local income ($115k/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 $9k of value loss. Plan a longer hold.
• Summit County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $295,000

Questions for the listing agent

1. Built in 1956 — 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. 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: 1.12% ✓
• Cap rate: 9.22%
• Cash-on-cash: 10.46%
• DSCR: 1.47
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $239,784
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3569 Everett Rd	0.00mi	3/1.0	1,164 (0%)	0mo	$295,000	$253	100
2691 Motor Rd	0.25mi	3/1.0	1,338 (+15%)	14mo	$275,000	$206	52
3718 Richlawn Rd	0.36mi	3/1.0	1,008 (-13%)	23mo	$200,000	$198	42

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: -0.6%
• Equity multiple: 0.98×
• Total profit: $-1,970
• Equity at exit: $43,985

10-year hold

• IRR: 9.0%
• Equity multiple: 1.69×
• Total profit: $57,187
• Equity at exit: $25,506

Cash invested: $82,600 (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 44286

• Home prices YoY: -28.2%
• Active inventory: 22
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $3,305 medium
• Mortgage (P&I): −$1,547
• Tax from tax record: −$221 /mo · $2,649/yr
• Insurance: −$123
• HOA: −$0
• Vacancy / Maint / Mgmt: −$694
• Net cashflow: $720

Break-even live

Break-even rent $2,393

Max offer price $295,000

Occupancy floor 73%

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: $73,750
• Closing costs: $8,850
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2500 Brecksville Rd Richfield, OH	1.0–3.0	1.0–2.0	1196	$3,305	$2.76	1d	21	0.87mi

Listing history 2 events

1. 2026-05-10
   status Pending
2. 2026-05-07
   listed $295,000 Active

ⓘ 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: $2,649 · $221/mo
• Projected year-2 tax: $3,626 · $302/mo
• Expected delta: +$976/yr (+$81/mo · 36.9%)

ⓘ 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 2/10 Low 7 d/yr ≥97°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,660
• − Mortgage interest: −$16,525
• − Property taxes: −$2,649
• − Insurance: −$1,475
• − Repairs & maintenance: −$3,173
• − Management: −$3,173
• − Depreciation: −$8,582
• Taxable income: $4,084
• Est. tax owed @ 24.0%: −$980
• After-tax cash flow: $7,663/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: Revere Local
• NCES district ID: 3905005
• Math proficiency: 83% ▼ -6.00%
• Reading proficiency: 86% ▼ -2.00%
• Median HH income: $94,991
• Composite: 75.68/100
• National rank: #129
• State rank: #17 of 656 in OH

Livability — Richfield

• Score: 69/100
• State rank: #500
• US rank: #8356

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Richfield, OH
• County: Summit · 539,389 people
• City population: 6,151
• Metro: Akron, OH
• Population (ZIP): 6,151
• Household income: $115,227
• Rent vs Own: 6.0% rent · 94.0% own

Population outlook (Summit County) Hauer SSP2

• Today (2025): 546,583 people
• By 2030: 544,028 · -0.5%
• By 2040: 531,363 · -2.8%
• By 2050: 514,923 · -5.8%
• By 2075: 481,765 · -11.9%
• By 2100: 432,265 · -20.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 7% Black 2% Asian 2%
• Common ancestry: Romanian 11% Scandinavian 2% Subsaharan African 1%
• Foreign-born: 6% · Canada, China
• Languages at home: 96% English-only · German/W. Germanic 1% Russian/Polish/Slavic 1% Chinese 1%

Political lean MEDSL · Summit

• 2024 margin: Lean D (+7.0) · D 53.0% · R 46.0%
• 2008→2024 swing: -9.6pp toward R · 2008: 16.6pp · 2024: 7.0pp
• All cycles: 2024: D+7.0 2020: D+9.6 2016: D+8.2 2012: D+14.8 2008: D+16.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -76.76%
• Current HPI: 195.4995
• 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

2 events — show timeline

• 2026-05-10 Pending — MLSNOW
• 2026-05-07 Listed $295,000 MLSNOW

Property tax history

+3.7%/yr

Latest (2025): $2,649 · -5.9% YoY. Source: county tax records.