Lumenatio Research · Cleveland pilot

10617 Bryant Ave, Cleveland, OH 44108

Public-source screening sampleSources reviewed 20 Oct 2026Not a valuation or buy recommendation
Configuration, as displayed
3 bed / 1 bath · 1,306 sq ft
Year built, as displayed
1904
Displayed status
Active (may be cached)
Displayed asking price
$99,500
Reported parcel
10826061
Historic annual tax
$1,297

Section 1

Snapshot and key questions

This report records what public listing pages displayed when they were opened on 20 October 2026. Two records disagree on price, and both are kept and dated rather than resolved by assumption. No county record, lease or inspection was obtained.

Snapshot — as displayed, accessed 20 Oct 2026
ItemAs recordedEvidential status
StatusActiveListing claim; may be cached, not proof of availability today
Asking price$99,500Listing claim, after a price change dated 30 Sep 2026
Conflicting price reference$106,500Older preview card; the narrative price also differs
Configuration and area3 bed / 1 bath · 1,306 sq ftListing claim; not measured. A bonus room is not a verified fourth bedroom
Year built1904Listing claim
Reported parcel10826061Listing claim; not county-verified
Historic annual tax$1,297Listing claim; not county-verified, arrears unknown
Rental reference2025 asking rent of $1,200Year stated, not refreshedAsking position; not achieved rent and not an executed lease

Key questions before any next step

  1. Which price record is current: the $99,500 display after 30 September 2026, the older $106,500 preview card, or neither?
  2. Is the bonus room legal and permitted habitable area, or an unverified fourth bedroom in the marketing text?
  3. Is there a lease, rent roll or payment record supporting anything near the 2025 $1,200 asking rent?
  4. What condition and renovations are documented, rather than described?
  5. Are taxes current, and would a sale trigger reassessment?
  6. Has the property met Cleveland rental registration and, given the 1904 build year, pre-1978 lead-safe requirements?
Conflicting inputs, kept visible. The older preview card shows $106,500 while the current page displays $99,500 after a dated change, and the narrative price differs again. Reconcile a dated listing sheet before treating any of these as an executable offer. None of them is an offer.

Section 2

Illustrative scenario and stress test

The table applies one transparent formula to three monthly rent inputs. Only the historical annual tax of $1,297 came from a source, and it is not county-verified. The vacancy, management, maintenance, insurance, utilities, compliance and capital figures are assumptions, not quotes, and no debt, closing, tax or repair cost is included.

scheduled annual rent = 12 × monthly rent
collected rent = scheduled × (1 − 8% vacancy)
management = 10% of collected · maintenance = 5% of collected
operating surplus = collected − management − maintenance − tax − $1,500 − $600 − $300
capex reserve = 5% of collected
annual cash before financing and income tax = operating surplus − capex reserve
Illustrative scenario — USD, annual, no debt assumed
Line item$1,100/mo$1,200/mo$1,400/mo
Scheduled rent (12 × R)13,200.0014,400.0016,800.00
Collected rent after 8% vacancy12R × 0.92 — vacancy is an assumption12,144.0013,248.0015,456.00
Management, 10% of collected−1,214.40−1,324.80−1,545.60
Maintenance, 5% of collected−607.20−662.40−772.80
Historical annual taxPortal figure, not county-verified−1,297.00−1,297.00−1,297.00
Insurance, illustrative−1,500.00−1,500.00−1,500.00
Owner-paid utilities, illustrative−600.00−600.00−600.00
Compliance reserve, illustrative−300.00−300.00−300.00
Operating surplus before financing and capex reserve6,625.407,563.809,440.60
Capex reserve, 5% of collected−607.20−662.40−772.80
Annual cash before financing and income tax6,018.206,901.408,667.80
The surplus line is an operating surplus before financing and before capital replacement beyond the 5% reserve. It is not a verified NOI, not a cash-flow promise, and not a cap rate.

Stress test at the $1,200 central rent

One case, two assumption changes: vacancy at 15% and a tax bill 50% above the historic figure. Debt service is not included.

Downside case — 15% vacancy, tax 50% higher, no financing
Line itemValue
Collected rent at 15% vacancy12,240.00
Management, 10% of collected−1,224.00
Maintenance, 5% of collected−612.00
Tax, 50% higher than the historic figure−1,945.50
Insurance, utilities and compliance reserve−2,400.00
Operating surplus6,058.50
Capex reserve, 5% of collected−612.00
Cash before financing and income tax5,446.50
Less one illustrative $5,000 repair in the year−5,000.00
Residual cash in this case446.50

Optional initial cash illustration

A rough entry figure at the displayed asking price, using a 3% closing allowance and $10,000 of initial work. It is not a full budget, not a contractor quote and not an offer.

Initial cash illustration — USD, illustrative only
ComponentAmount
Displayed asking price99,500.00
Closing-cost allowance, 3%2,985.00
Initial work allowance10,000.00
Illustrative total before financing112,485.00
Excluded from every figure above: debt service and financing costs, closing and acquisition costs beyond the illustration, tax reassessment, initial or extraordinary repairs beyond the stated allowance, lease-up and tenant-placement fees, capital replacement beyond the 5% reserve, and income tax. An unknown item is not zero.

Section 3

Comparable-sale screening, source register and remaining checks

The two smaller sold records are screening candidates only: distance, condition and arms-length terms have not been verified against this property. The third record is nearby but materially larger with a different unit count, so it is excluded rather than averaged in. No adjusted comparable set was defensible, so no fair value or ARV is given.

Sold-candidate screening — unverified leads, not adjusted comparables
AddressSale datePriceConfigurationAreaScreening result
10523 Helena Ave, 44108Nearby sold record from the same nearby-sales table. Condition, terms and county transfer details unverified.23 Jan 2026$44,5043 bed / 1 bath1,404 sq ftScreening candidate only
9902 Garfield Ave, 44108Nearby sold record from the same nearby-sales table. Condition, terms and county transfer details unverified.14 Nov 2025$60,0003 bed / 1 bath1,216 sq ftScreening candidate only
10724 Gooding Ave, 44108Materially larger with a different unit configuration. Excluded rather than averaged in.14 May 2026$69,0005 bed / 2 bathabout 2,400 sq ftExcluded from pricing match
These leads come from the nearby-sales table shown on a related listing page for this address. That table is a lead source, not proof of the conditions or terms of any sale. Zillow and Trulia are related portals, so agreement between them is not independent corroboration. Nothing here is averaged into a value or ARV.

Source register — opened 20 October 2026

Sources and what each one can support
SourceReferenceSupports / limitation
Primary listing page — 10617 Bryant Avewww.zillow.com/homedetails/10617-Bryant-Ave-Cleveland-OH-44108/33388453_zpidDisplayed status, the $99,500 ask after the 30 September 2026 price change, configuration, reported area, year built, reported parcel and historic annual tax. May be cached; not title, tax or tenancy proof.
Related listing page and nearby-sales table — 10617 Bryant Avewww.trulia.com/home/10617-bryant-ave-cleveland-oh-44108-33388453Source of the sold-candidate leads below. Zillow and Trulia are related portals, so agreement between them is not independent corroboration.
Sold candidate — 10523 Helena Avewww.trulia.com/home/10523-helena-ave-cleveland-oh-44108-33388362Price and sale date as displayed. Condition, terms and deed particulars unverified.
Sold candidate — 9902 Garfield Avewww.trulia.com/home/9902-garfield-ave-cleveland-oh-44108-33388026Price and sale date as displayed. Condition, terms and deed particulars unverified.
Sold candidate excluded — 10724 Gooding Avewww.zillow.com/homedetails/10724-Gooding-Ave-Cleveland-OH-44108/33390264_zpidRecorded for context only. Excluded from pricing comparisons because of size and unit count.
Cuyahoga County MyPlace — parcel, tax and transfer checksmyplace.cuyahogacounty.govOutstanding. No county record was retrieved for this report, so parcel and tax details remain unverified.
City of Cleveland — rental registration guidancewww.clevelandohio.gov/city-hall/departments/building-housing/divisions/records-administration/rental-registrationReference for items to verify for this property. Not a compliance check and not a certificate.
City of Cleveland — lead-safe guidance for landlords and ownerswww.clevelandohio.gov/city-hall/departments/public-health/programs-services/lead-safe/landlords-ownersReference for pre-1978 rental lead items to verify. No lead certificate or exemption was checked.

Every reference carries the date it was opened. A 20 October 2026 access date does not refresh a 2025 rent figure or a 30 September 2026 price change, and no page was re-checked after that date.

What remains unknown

  • No contact was made with the seller, listing agent or any tenant.
  • No inspection, walk-through or contractor assessment was carried out.
  • No lease, rent roll or proof of collected rent was reviewed.
  • No insurance quotation was obtained; the $1,500 figure is an assumption.
  • No county parcel, tax, arrears or transfer record was confirmed.
  • No municipal rental registration, lead-safe certificate or exemption was checked.
  • The bonus room’s legal and permitted status is unresolved.
These items are unknown, not passed. Nothing in this report should be read as confirmation that any of them is satisfied.

Items to verify for this property

  • Parcel, tax and transfer details, through Cuyahoga County MyPlace.
  • Rental registration obligations, via the City of Cleveland rental registration guidance.
  • Pre-1978 lead-safe requirements, including any certificate or exemption, via City of Cleveland lead-safe guidance. Out-of-area owners should also confirm local-agent requirements.
  • A dated listing sheet reconciling the $99,500 and $106,500 references.
  • Legal and permitted area for the bonus room, in writing.
  • Actual rental evidence: lease, rent roll or payment record rather than an asking rent.

These are items to verify for this property, not a compliance certification and not legal advice.

Lumenatio Research — informational owner-review sample. No market value, cap rate, guaranteed income, investment suitability or buy/sell conclusion is expressed or implied. No debt, closing, tax or repair outcome is assumed.

Informational only, and not brokerage, appraisal, title, legal, tax or investment advice. Condition, title, zoning, taxes, insurance and occupancy must be verified by qualified local professionals before any decision. Report prepared by Sander Advisory OÜ, Reg. 11396662, VAT EE102035614, Tallinn, Estonia.

Corrections with a source link and the date you saw it: contact@lumenat.io. Method: research methodology. Sample date 20 October 2026.

Printed from lumenat.io/research/samples/bryant. Scenarios are illustrations, not guarantees.