1307 Gordon Rd · Lyndhurst, OH 44124

$234,900

3 bd · 1.5 ba · 1,586 sqft · SingleFamily public records · 3 Days on market

Built 1941 7,501 sqft lot Est $287k · 18% under

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Why this score? — see what drove the D+ 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).

• ARV discount +15.0/15.0
• Cash flow +11.5/30.0
• 1% rule +4.1/10.0
• Livability +4.1/5.0
• Rent growth +3.6/5.0
• DSCR +3.4/10.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this gorgeous fully renovated 3 bedroom 1.5 bathroom MOVE IN READY home in Lyndhurst! Feel right at home the moment you walk in! There are gleaming hardwood floors throughout the first floor with the exception of the first floor bedroom which is carpeted. The kitchen is stunning with white cabinets, stainless steel appliances, and ample counter space. The living room is a massive space and features a fireplace. Moving upstairs there are 3 spacious bedrooms all freshly painted in neutral tones. The large fenced in backyard is complete with a patio and overhang -- perfect for entertaining! This is a fantastic house in a fantastic neighborhood! Close to all of the parks, shopping, dining, and more that Lyndhurst and surrounding neighborhoods have to offer. Look no further. .. this home is a must see!

Key facts

• Formal dining room
• Flex space
• Updated kitchen

Tags

• HARDWOOD FLOORS
• UPDATED KITCHEN
• BUILT-IN BENCH
• FORMAL DINING ROOM
• COZY FIREPLACE
• FLEX SPACE

Property features AI

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: 2-story detached property; Updated/remodeled
• Construction: Aluminum siding; Asphalt shingle roof; Built with a foundation (below-grade finished area present)
• Exterior features: Covered porch; Deck; Back yard fencing; Playground

Interior

• Kitchen: Dishwasher; Garbage disposal; Microwave; Range; Refrigerator; Kitchen island; Granite counters
• Bedrooms: Total of 8 rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom; 1 half bathroom; Main level bathroom available
• Heating & cooling: Gas heating; Forced air heating; Baseboard heating; Ceiling fans for cooling
• Interior features: Granite counters; Kitchen island; Natural woodwork; Full finished basement; Fireplace with glass doors
• Laundry & utility: Washer; Dryer; Laundry located on lower level

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $-75 ($-904/yr) — negative.
• To cash-flow at today's rent, offer at most $222k (5.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $214k (8.8% below list).
• Recommended offer: $214k (8.8% 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.
• Zoned schools: Sunview Elementary School (math 57% / reading 47%, grade C-, #851 of 1,584 statewide, top 56%, 359 students, 36% FRL); Memorial Junior High School (math 19% / reading 45%, grade F, #559 of 654 statewide, top 87%, 497 students, 51% FRL); Brush High School (math 32% / reading 47%, grade F, #528 of 781 statewide, top 71%, 1,041 students, 44% FRL) — zoned schools at 44% FRL track the district average.
• Market conditions: Rents rising fast (+4.5%/yr); 179 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 31% 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 $7k 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 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 14y 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 $153k; list at $235k implies a 54% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $214,133 (8.8% 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 1941 — 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: 0.91% ✗
• Cap rate: 5.91%
• Cash-on-cash: -1.37%
• DSCR: 0.94
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $287,066
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1339 Haverston Rd	0.22mi	3/1.5	1,528 (-4%)	0mo	$285,000	$187	83
1342 Beaconfield Rd	0.07mi	3/2.0	1,434 (-10%)	1mo	$300,000	$209	78
1291 Haverston Rd	0.22mi	4/3.0 (+1)	1,646 (+4%)	0mo	$319,900	$194	72
1383 Churchill Rd	0.16mi	3/2.5	1,440 (-9%)	2mo	$268,000	$186	72
5187 Mayview Rd	0.45mi	3/1.5	1,522 (-4%)	2mo	$203,000	$133	71
1192 Blanchester Rd	0.22mi	4/2.0 (+1)	1,477 (-7%)	1mo	$215,000	$146	70
1409 Ford Rd	0.35mi	3/1.5	1,476 (-7%)	2mo	$249,000	$169	70
1544 Edgefield Rd	0.51mi	4/2.0 (+1)	1,583 (-0%)	2mo	$245,000	$155	68
1524 Jaeger Dr	0.50mi	3/2.0	1,488 (-6%)	2mo	$215,000	$144	62
5372 Huron Rd	0.67mi	3/2.0	1,454 (-8%)	1mo	$232,300	$160	52
1639 Edgefield Rd	0.69mi	4/3.0 (+1)	1,510 (-5%)	2mo	$305,000	$202	47
5404 Beacon Rd	0.59mi	4/2.0 (+1)	1,350 (-15%)	1mo	$245,000	$181	40

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: -16.7%
• Equity multiple: 0.40×
• Total profit: $-39,570
• Equity at exit: $35,024

10-year hold

• IRR: -5.9%
• Equity multiple: 0.59×
• Total profit: $-26,747
• Equity at exit: $20,310

Cash invested: $65,772 (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 44124

• Rents YoY: 4.5%
• Active inventory: 179
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,141 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$437 /mo · $5,247/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$450
• Net cashflow: $-75

Break-even live

Break-even rent $2,237

Max offer price $221,599

Occupancy floor 99%

Sensitivity live

Price	-10% $58	-5% $-9	+0% $-75	+5% $-142	+10% $-208
Rent	-10% $-244	-5% $-160	+0% $-75	+5% $9	+10% $94
Rate	-1.0pp $43	-0.5pp $-16	base $-75	+0.5pp $-136	+1.0pp $-198

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: $58,725
• Closing costs: $7,047
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1207 Churchill Rd Cleveland, OH	3.0	2.0	1134	$1,895	$1.67	25d	1	0.24mi
1270 Roland Rd Cleveland, OH	4.0	2.0	1720	$2,450	$1.42	45d	1	0.27mi
1620 Brainard Rd Cleveland, OH	3.0	1.5	1501	$2,275	$1.52	16d	1	0.67mi
5670 Cherokee Dr Cleveland, OH	4.0	2.0	1920	$1,950	$1.02	9d	1	0.79mi
4994 N Sedgewick Rd Cleveland, OH	3.0	1.5	1400	$3,000	$2.14	45d	1	0.86mi
2021 Aldersgate Dr Cleveland, OH	4.0	2.5	2012	$2,850	$1.42	45d	1	1.18mi
1200 Commonwealth Ave Cleveland, OH	3.0	1.0	1119	$1,999	$1.79	6d	1	1.42mi
2112 Acacia Park Dr #220 Cleveland, OH	2.0	2.0	1222	$1,700	$1.39	45d	1	1.47mi

Listing history 3 events

1. 2026-06-21
   days on market $234,900 Active 3 DOM
2. 2026-06-18
   remarks 699-char remark
3. 2026-06-18
   listed $234,900 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: $5,247 · $437/mo
• Projected year-2 tax: $5,247 · $437/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 2/10 Low 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 · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,696
• − Mortgage interest: −$13,158
• − Property taxes: −$5,247
• − Insurance: −$1,174
• − Repairs & maintenance: −$2,056
• − Management: −$2,056
• − Depreciation: −$6,833
• Taxable loss: −$4,828
• Est. tax savings @ 24.0%: +$1,159
• After-tax cash flow: $255/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
• 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

+365.1% since first listed

14 events — show timeline

• 2026-06-18 Listed $234,900 MLSNOW
• 2020-09-29 Sold (Public Records) $152,900 Public Records
• 2020-09-18 Sold (MLS) $152,900 MLSNOW
• 2020-08-13 Pending — MLSNOW
• 2020-08-04 Contingent — MLSNOW
• 2020-07-29 Listed $152,900 MLSNOW
• 2018-12-14 Sold (Public Records) $49,600 Public Records
• 2012-09-05 Listing Removed — MLSNOW
• 2012-07-05 Listed $89,900 MLSNOW
• 2012-05-08 Sold (MLS) $40,000 MLSNOW
• 2012-02-20 Listed $47,500 MLSNOW
• 1992-05-01 Sold (Public Records) $89,000 Public Records
• 1988-05-24 Sold (Public Records) $69,000 Public Records
• 1980-08-19 Sold (Public Records) $50,500 Public Records

Property tax history

+13.6%/yr

Latest (2025): $5,247 · +0.8% YoY. Source: county tax records.