4626 Langley Ave · Whitehall, OH 43213

$1

2 bd · 1.0 ba · 832 sqft · SingleFamily public records

Built 1954 6,098 sqft lot

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Why this score? — see what drove the F 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 +7.5/15.0
• Cash flow +7.1/30.0
• Livability +3.6/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• 1% rule +1.9/10.0
• DSCR +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Court Ordered Sale by Private Selling Officer. Auction ends on June 18, 2026. All information we have on the property is included. We have no additional information, property condition is unknown. NO SHOWINGS, NO trespassing for any reason. Information is thought to be correct but not guaranteed. 5% Buyer Premium added to the high bid, $5,000 deposit is due within 24 hours of bidding end.

Key facts

• 6,098 sq ft lot
• Built 1954

🔨 Auction listing. The $1 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $182,208 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $1.

Deal economics

• At list price, monthly cash flow is $-259 ($-3k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1).

Location & tenants

• Location reads 71/100 on livability (#399 in OH) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment D-.
• Whitehall City (suburban): math 18% / reading 33% proficiency, ranked #603 of 656 in OH (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Kae Avenue Elementary School (609 students, 0% FRL); Rosemore Middle School (math 17% / reading 29%, grade F, #600 of 654 statewide, top 92%, 774 students, 0% FRL); Whitehall Yearling High School (math 12% / reading 46%, grade F, #627 of 781 statewide, top 81%, 810 students, 0% FRL) — zoned schools average 0% FRL vs 69% district-wide (69 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising (+2.3%/yr); 67 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 8,139 units permitted in Franklin County in 2024 (5,940 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Franklin County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 273312.0% of price; built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $1

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 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.69% ✗
• Cap rate: 4.59%
• Cash-on-cash: -6.10%
• DSCR: 0.73
• GRM: 12.0

CMA / ARV

• ARV (on-the-fly): $182,208
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4623 Langley Ave	0.03mi	2/1.0	832 (0%)	1mo	$180,000	$216	98
579 Westphal Ave	0.40mi	2/1.0	781 (-6%)	6mo	$92,999	$119	66
290 Little Flower Ln	0.61mi	2/1.0	875 (+5%)	8mo	$147,500	$169	56
725 Pierce Ave	0.43mi	2/1.0	754 (-9%)	9mo	$170,000	$225	56
1193 Marble Dr	0.65mi	3/1.0 (+1)	912 (+10%)	2mo	$185,000	$203	48
1211 Shady Lane Rd	0.68mi	3/1.0 (+1)	912 (+10%)	1mo	$169,900	$186	46
224 Ross Rd	0.72mi	3/1.0 (+1)	875 (+5%)	8mo	$205,000	$234	46
4619 Saint Ann Ln	0.63mi	2/1.0	750 (-10%)	12mo	$179,000	$239	44
4561 Saint Rita Ln	0.69mi	3/1.0 (+1)	875 (+5%)	12mo	$217,900	$249	44
1243 Simpson Dr	0.72mi	3/2.0 (+1)	912 (+10%)	1mo	$200,000	$219	40
4517 Saint Rita Ln	0.73mi	3/1.0 (+1)	923 (+11%)	3mo	$130,000	$141	40
1195 Huntly Dr	0.68mi	3/2.0 (+1)	912 (+10%)	4mo	$230,000	$252	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 · 2.29% rent growth · sell at horizon

5-year hold

• IRR: -27.6%
• Equity multiple: 0.08×
• Total profit: $-46,919
• Equity at exit: $27,168

10-year hold

• IRR: -28.6%
• Equity multiple: -0.29×
• Total profit: $-65,677
• Equity at exit: $15,754

Cash invested: $51,018 (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 43213

• Rents YoY: 2.3%
• Active inventory: 67

Monthly cashflow live

• Estimated rent: $1,266 high
• Mortgage (P&I): −$956
• Tax est. 1.5%: −$228 /mo · $2,733/yr
• Insurance: −$76
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $-259

Break-even live

Break-even rent $1,594

Max offer price $144,686

Occupancy floor —

Sensitivity live

Price	-10% $-133	-5% $-196	+0% $-259	+5% $-322	+10% $-385
Rent	-10% $-359	-5% $-309	+0% $-259	+5% $-209	+10% $-159
Rate	-1.0pp $-168	-0.5pp $-213	base $-259	+0.5pp $-307	+1.0pp $-355

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: $45,552
• Closing costs: $5,466
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
685-687 Valerie Ln Whitehall, OH	2.0	1.0	800	$1,153	$1.44	45d	1	0.16mi
496 S Hamilton Rd Whitehall, OH	1.0–2.0	1.0	663	$850	$1.28	25d	4	0.39mi
973 Exeter Rd Columbus, OH	3.0	1.0	1054	$1,710	$1.62	45d	1	0.47mi
280 Barkley Pl W Columbus, OH	2.0	1.5	1077	$1,362	$1.26	45d	1	0.65mi
4163 Wright Park Columbus, OH	2.0	2.0	1008	$1,750	$1.74	45d	1	0.71mi
381 S Yearling Rd Unit 381 Yearling Whitehall, OH	3.0	1.0	850	$1,095	$1.29	25d	1	0.75mi
1250 Kelburn Rd Columbus, OH	2.0	1.0	970	$1,099	$1.13	45d	1	0.76mi
1250 Kelburn Rd Columbus, OH	2.0	1.0	970	$1,099	$1.13	23d	1	0.76mi
1250 Kelburn Rd Columbus, OH	2.0	1.0	970	$1,200	$1.24	14d	1	0.76mi
3974 Andrus Ct E Unit 3982D Columbus, OH	2.0	1.5	950	$1,285	$1.35	25d	1	0.92mi
3974 Andrus Ct E Unit 3996C Columbus, OH	2.0	1.5	950	$1,185	$1.25	25d	1	0.92mi
3974 Andrus Ave Columbus, OH	2.0	1.5	950	$1,235	$1.30	25d	3	0.96mi
406 Beechtree Rd Whitehall, OH	3.0	1.0	950	$1,300	$1.37	25d	1	1.08mi
4657 E Broad St Columbus, OH	1.0–2.0	1.0–2.0	850	$1,667	$1.96	4d	48	1.08mi
5312 Gatehouse Dr Columbus, OH	1.0–2.0	1.0–1.5	1171	$1,499	$1.28	3d	15	1.10mi
1537 Duffield Dr Columbus, OH	3.0	2.0	1020	$1,500	$1.47	45d	1	1.14mi
4048 E Livingston Ave Columbus, OH	3.0	1.0	961	$1,000	$1.04	22d	1	1.20mi
1462 Elaine Rd Columbus, OH	2.0	1.5	975	$1,324	$1.36	25d	1	1.23mi
4264 E Broad St Columbus, OH	1.0	1.0	484	$905	$1.87	3d	15	1.24mi
1303 Dellwood Ave Columbus, OH	3.0	1.0	900	$1,500	$1.67	45d	1	1.30mi
1246 Arkwood Ave Columbus, OH	3.0	1.0	1094	$1,740	$1.59	45d	1	1.38mi
4056 Carlton Ave Columbus, OH	2.0	1.5	1100	$1,250	$1.14	25d	1	1.41mi
5680 Hibernia Dr Columbus, OH	1.0–2.0	1.0–1.5	1045	$1,340	$1.28	0d	12	1.41mi

Listing history 2 events

1. 2026-06-18
   remarks 391-char remark
2. 2026-06-18
   listed $1 Pending

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,188
• − Mortgage interest: −$10,206
• − Property taxes: −$2,733
• − Insurance: −$911
• − Repairs & maintenance: −$1,215
• − Management: −$1,215
• − Depreciation: −$5,301
• Taxable loss: −$6,393
• Est. tax savings @ 24.0%: +$1,534
• After-tax cash flow: $-1,577/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: Whitehall City
• NCES district ID: 3904507
• Math proficiency: 18% ▼ -17.00%
• Reading proficiency: 33% ▼ -11.00%
• Median HH income: $36,092
• Composite: 21.08/100
• National rank: #8442
• State rank: #603 of 656 in OH

Livability — Whitehall

• Score: 71/100
• State rank: #399
• US rank: #6587

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Whitehall, OH
• County: Franklin County · 1,351,780 people
• City population: 36,273
• Metro: Columbus, OH
• Population (ZIP): 36,273
• Household income: $54,704
• Rent vs Own: 59.4% rent · 40.6% own
• Severe rent burden: 2583.0

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 1,456,139 people
• By 2030: 1,556,890 · +6.9%
• By 2040: 1,757,349 · +20.7%
• By 2050: 1,950,539 · +34.0%
• By 2075: 2,376,171 · +63.2%
• By 2100: 2,636,796 · +81.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: Black 45% White 36% Hispanic / Latino 10% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2%
• Common ancestry: Romanian 2% Slovak 1% Lithuanian 1%
• Foreign-born: 15% · Canada, China
• Languages at home: 79% English-only · Spanish 8% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Franklin

• 2024 margin: Strong D (+28.4) · D 63.7% · R 35.3% · Other 1.0%
• 2008→2024 swing: +7.7pp toward D · 2008: 20.7pp · 2024: 28.4pp
• All cycles: 2024: D+28.4 2020: D+31.4 2016: D+25.9 2012: D+21.7 2008: D+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -243.35%
• Current HPI: 198.5072
• Rent YoY: ▲ 2.29%
• Metro: Columbus, 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

Property tax history

+4.7%/yr

Latest (2024): $1,651 · -6.0% YoY. Source: county tax records.