13516 Old Glory Rd · Lore City, OH 43755

$76,500

1 bd · 1.0 ba · 828 sqft · SingleFamily public records · 432 Days on market

5.59 ac lot ↓ 20% since listing

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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 +27.3/30.0
• DSCR +9.5/10.0
• ARV discount +7.5/15.0
• Appreciation +6.8/10.0
• 1% rule +6.1/10.0
• Schools +4.1/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Older one story home that has the utilities shut off for now. Guernsey Muskingum Electric and Guernsey County Water. Home has two buildings, a 1994 24' x 40' garage with cement floors, electric opener, shelving and a small side porch. Also a 2006, 24'x 24' wood shop building with an attached carport - RV parking area. Road frontage on both SR 265 and Old Glory Road. There is 5.42 acres partially wooded and cleared flat land. Assessment of $2 for MWCD. Mineral rights Do Not Transfer. New Survey to be completed on the . 25 acre parcel before closing by the seller. NEW survey has been completed making it now 0.21.

Key facts

• Attached carport
• Electric opener
• Road frontage

Tags

• GARAGE WITH CEMENT FLOORS
• ELECTRIC OPENER
• WOOD SHOP BUILDING
• ATTACHED CARPORT
• RV PARKING AREA
• ROAD FRONTAGE

Property features AI

Exterior

• Parking: Detached 2-car garage; 1-space carport (RV-capable carport)
• Utilities: Public water; Septic sewer
• Home design: Single-story home; Has a view; Fixer condition
• Construction: Wood siding; Shingle roof; Block foundation; Built according to public records
• Exterior features: Rear porch; Deck; Back yard; Many trees / wooded lot; RV/boat storage; Workshop

Interior

• Kitchen: Eat-in kitchen
• Bedrooms: One main-level bedroom
• Flooring: Carpet in living areas and one additional room; Wood flooring in the eat-in kitchen
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Propane heating
• Interior features: Eat-in kitchen; Window coverings
• Laundry & utility: Washer and dryer located in the kitchen (hookups/appliances present)

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $76k.

Deal economics

• At list price, monthly cash flow is $222 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($849 rent vs $76k).
• Recommended offer: $67k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#927 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute F.
• Rolling Hills Local (rural): math 44% / reading 54% proficiency, ranked #463 of 656 in OH (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 23 active listings in the ZIP; 37 units permitted in Guernsey County in 2024 (0 in 5+ unit buildings).
• This rent is only 17% of the median local income ($61k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• In year one you build about $3k of equity ($529 loan paydown + $3k appreciation (3.6% local appreciation)).
• Guernsey County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.6% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 432 days — a 12% lower offer ($67k) is reasonable based on typical stale-listing flexibility.

Recommended offer $67,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 432 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. 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.
6. 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.
7. 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: 1.11% ✓
• Cap rate: 9.77%
• Cash-on-cash: 12.41%
• DSCR: 1.55
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.59% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.4%
• Equity multiple: 2.20×
• Total profit: $25,697
• Equity at exit: $36,959

10-year hold

• IRR: 21.1%
• Equity multiple: 4.21×
• Total profit: $68,759
• Equity at exit: $59,036

Cash invested: $21,420 (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 43755

• Home prices YoY: 2.4%
• Active inventory: 23
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $849 medium
• Mortgage (P&I): −$401
• Tax from tax record: −$17 /mo · $198/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$178
• Net cashflow: $222

Break-even live

Break-even rent $569

Max offer price $76,500

Occupancy floor 69%

Sensitivity live

Price	-10% $265	-5% $243	+0% $222	+5% $200	+10% $178
Rent	-10% $154	-5% $188	+0% $222	+5% $255	+10% $289
Rate	-1.0pp $260	-0.5pp $241	base $222	+0.5pp $202	+1.0pp $182

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: $19,125
• Closing costs: $2,295
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-21
   days on market $76,500 Active 432 DOM
2. 2026-06-18
   days on market $76,500 Active 430 DOM
3. 2026-06-17
   days on market $76,500 Active 429 DOM
4. 2026-06-16
   days on market $76,500 Active 428 DOM
5. 2026-06-15
   days on market $76,500 Active 427 DOM
6. 2026-06-13
   days on market $76,500 Active 425 DOM
7. 2026-06-12
   pricestatusdays on market $76,500 Active 424 DOM
8. 2026-06-09
   days on market $79,900 Contingent 421 DOM
9. 2026-06-08
   days on market $79,900 Contingent 420 DOM
10. 2026-06-08
    days on market $79,900 Contingent 419 DOM
11. 2026-06-07
    days on market $79,900 Contingent 418 DOM
12. 2026-06-04
    days on market $79,900 Contingent 415 DOM
13. 2026-06-02
    days on market $79,900 Contingent 414 DOM
14. 2026-06-01
    days on market $79,900 Contingent 413 DOM
15. 2026-05-31
    days on market $79,900 Contingent 412 DOM
16. 2026-04-13
    historical Contingent
17. 2026-03-31
    price $79,900
18. 2025-10-10
    price $89,900
19. 2025-04-12
    listed $99,900 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: $198 · $17/mo
• Projected year-2 tax: $696 · $58/mo
• Expected delta: +$498/yr (+$41/mo · 251.0%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 33% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,194
• − Mortgage interest: −$4,285
• − Property taxes: −$198
• − Insurance: −$382
• − Repairs & maintenance: −$816
• − Management: −$816
• − Depreciation: −$2,225
• Taxable income: $1,471
• Est. tax owed @ 24.0%: −$353
• After-tax cash flow: $2,305/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: Rolling Hills Local
• NCES district ID: 3904730
• Math proficiency: 44% ▼ -16.00%
• Reading proficiency: 54% ▼ -4.00%
• Median HH income: $39,979
• Composite: 40.96/100
• National rank: #3602
• State rank: #463 of 656 in OH

Livability — Lore City

• Score: 61/100
• State rank: #927
• US rank: #17730

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Guernsey · 34,843 people
• Population (ZIP): 1,561
• Household income: $61,492
• Rent vs Own: 15.5% rent · 84.5% own

Population outlook (Guernsey County) Hauer SSP2

• Today (2025): 37,281 people
• By 2030: 35,900 · -3.7%
• By 2040: 32,861 · -11.9%
• By 2050: 29,700 · -20.3%
• By 2075: 22,199 · -40.5%
• By 2100: 15,192 · -59.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Slovak 5% Lithuanian 4% Romanian 4%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Guernsey

• 2024 margin: Solid R (+52.1) · D 23.6% · R 75.7%
• 2008→2024 swing: -43.0pp toward R · 2008: -9.1pp · 2024: -52.1pp
• All cycles: 2024: R+52.1 2020: R+48.4 2016: R+42.6 2012: R+9.7 2008: R+9.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.59%
• Current HPI: 151.2599
• 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

-20.0% since first listed

4 events — show timeline

• 2026-04-13 Contingent — MLSNOW
• 2026-03-31 Price Changed $79,900 MLSNOW
• 2025-10-10 Price Changed $89,900 MLSNOW
• 2025-04-12 Listed $99,900 MLSNOW

Property tax history

+4.4%/yr

Latest (2025): $198 · +2.4% YoY. Source: county tax records.