Strongsville, OH — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.0%
Below average
Monthly Cash Flow
-$1,064
After all expenses
Price-to-Rent
17.6
Overpriced for rent
DSCR
0.46
Fails
📊 Key Metrics
- Median Home Price
- $372,002
- Average Rent (3BR)
- $1,760/mo
- Price-to-Rent Ratio
- 17.6(high)
- 1% Rule
- 0.48%(fails — need 1%+)
- Cash-on-Cash Return
- -14.9%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 3.9%(-0.4% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- -0.5% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
1.53%
of assessed value (OH avg)
Median Income
$61,938
household (OH avg)
Rent-to-Income
34.1%
Moderate
Section 8 Max Rent
$1,760/mo
3BR voucher payment
🏛️ OH Investor Climate
Landlord Friendly
7/10
State Income Tax
Has state tax
Property Tax
1.53% effective
Population Trend
-0.5% (3yr)