405 Foster Ave · Cambridge, OH 43725

$139,900

3 bd · 1.5 ba · 1,470 sqft · SingleFamily public records · 146 Days on market

Built 1890 5,000 sqft lot $95/sqft · 57% above area

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Why this score? — see what drove the C 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 +25.6/30.0
• DSCR +8.5/10.0
• ARV discount +7.5/15.0
• 1% rule +5.8/10.0
• Livability +3.4/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Built in 1890, this 3-bedroom, 1.5-bath home offers a blend of historic character and practical updates across 1,470 square feet. Hardwood floors add warmth to the main living areas, and the layout includes a main-floor bedroom, main-floor laundry, and two additional spacious bedrooms upstairs. A generously sized traditional dining room sits just off the kitchen, offering a comfortable space for everyday meals or gatherings. The kitchen is compact and functional, making efficient use of space. Neutral finishes throughout allow for an easy move-in with the opportunity to personalize over time. A covered front porch and back porch provide additional outdoor space, while a carport with alley access offers off-street parking. Conveniently located near dining, shopping, and daily essentials. A great option for buyers looking for a home with character and room to make it their own!

Key facts

• Covered front porch
• Main floor laundry
• Back porch

Tags

• HARDWOOD FLOORS
• MAIN FLOOR LAUNDRY
• TRADITIONAL DINING ROOM
• COVERED FRONT PORCH
• BACK PORCH
• CARPORT WITH ALLEY ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $329 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 5.7% in Cambridge — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#579 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities D-, commute F, employment D-.
• Cambridge City (town): math 28% / reading 42% proficiency, ranked #565 of 656 in OH (top 86%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 90 active listings in the ZIP; 37 units permitted in Guernsey County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($52k/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 $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Guernsey County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 146 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 25y 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.

Risks & watch-outs

• Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 146 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.08% ✓
• Cap rate: 9.12%
• Cash-on-cash: 10.08%
• DSCR: 1.45
• GRM: 7.7

CMA / ARV

• ARV (median comp): $89,315
• List price: $139,900
• Delta: 56.64%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
604 N 5th St	0.11mi	3/1.0	1,476 (+0%)	1mo	$40,000	$27	92
428 Foster Ave	0.05mi	4/1.0 (+1)	1,408 (-4%)	6mo	$69,000	$49	79
620 N 9 St	0.45mi	3/1.5	1,400 (-5%)	4mo	$222,000	$159	67
424 Gomber Ave	0.26mi	3/1.5	1,600 (+9%)	9mo	$50,000	$31	66
721 Harrison Ave	0.43mi	3/1.0	1,442 (-2%)	11mo	$90,000	$62	66
532 Orchard Ave	0.65mi	3/1.5	1,433 (-2%)	3mo	$174,500	$122	63
506 N 10th	0.55mi	3/1.5	1,528 (+4%)	7mo	$185,000	$121	62
516 N 11th St	0.63mi	3/2.0	1,344 (-9%)	4mo	$182,000	$135	52
600 Orchard Ave	0.66mi	3/2.0	1,381 (-6%)	9mo	$158,000	$114	49
7172 Dean Dr	0.70mi	3/2.0	1,391 (-5%)	11mo	$292,000	$210	48
431 N 12th St	0.67mi	3/2.0	1,320 (-10%)	7mo	$55,000	$42	44
1206 Foster Ave	0.69mi	3/1.5	1,268 (-14%)	5mo	$180,000	$142	41

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.2%
• Equity multiple: 0.96×
• Total profit: $-1,753
• Equity at exit: $20,860

10-year hold

• IRR: 8.5%
• Equity multiple: 1.65×
• Total profit: $25,291
• Equity at exit: $12,096

Cash invested: $39,172 (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 43725

• Active inventory: 90
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,506 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$69 /mo · $827/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$316
• Net cashflow: $329

Break-even live

Break-even rent $1,090

Max offer price $139,900

Occupancy floor 73%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-18
   days on market $139,900 Active 146 DOM
2. 2026-06-17
   days on market $139,900 Active 145 DOM
3. 2026-06-16
   days on market $139,900 Active 144 DOM
4. 2026-06-15
   days on market $139,900 Active 143 DOM
5. 2026-06-13
   days on market $139,900 Active 141 DOM
6. 2026-06-12
   days on market $139,900 Active 140 DOM
7. 2026-06-09
   days on market $139,900 Active 137 DOM
8. 2026-06-08
   days on market $139,900 Active 136 DOM
9. 2026-06-07
   days on market $139,900 Active 135 DOM
10. 2026-06-07
    days on market $139,900 Active 134 DOM
11. 2026-06-04
    days on market $139,900 Active 131 DOM
12. 2026-06-02
    days on market $139,900 Active 130 DOM
13. 2026-06-01
    days on market $139,900 Active 129 DOM
14. 2026-05-31
    days on market $139,900 Active 128 DOM
15. 2026-05-05
    price $139,900 888-char remark

    Show marketing remark (888 chars)

    Built in 1890, this 3-bedroom, 1.5-bath home offers a blend of historic character and practical updates across 1,470 square feet. Hardwood floors add warmth to the main living areas, and the layout includes a main-floor bedroom, main-floor laundry, and two additional spacious bedrooms upstairs. A generously sized traditional dining room sits just off the kitchen, offering a comfortable space for everyday meals or gatherings. The kitchen is compact and functional, making efficient use of space. Neutral finishes throughout allow for an easy move-in with the opportunity to personalize over time. A covered front porch and back porch provide additional outdoor space, while a carport with alley access offers off-street parking. Conveniently located near dining, shopping, and daily essentials. A great option for buyers looking for a home with character and room to make it their own!

16. 2026-01-23
    listed $144,000 Active 888-char remark

    Show marketing remark (888 chars)

    Built in 1890, this 3-bedroom, 1.5-bath home offers a blend of historic character and practical updates across 1,470 square feet. Hardwood floors add warmth to the main living areas, and the layout includes a main-floor bedroom, main-floor laundry, and two additional spacious bedrooms upstairs. A generously sized traditional dining room sits just off the kitchen, offering a comfortable space for everyday meals or gatherings. The kitchen is compact and functional, making efficient use of space. Neutral finishes throughout allow for an easy move-in with the opportunity to personalize over time. A covered front porch and back porch provide additional outdoor space, while a carport with alley access offers off-street parking. Conveniently located near dining, shopping, and daily essentials. A great option for buyers looking for a home with character and room to make it their own!

17. 2024-03-06
    soldstatus $127,200
18. 2024-03-01
    status Pending 506-char remark

    Show marketing remark (506 chars)

    Check out this nicely remodeled 3 bedroom 1 and 1/2 bath home in the heart of Cambridge. Gorgeous, refinished wood floors downstairs and new carpet upstairs in 2 bedrooms. Master bedroom on main floor. Laundry upstairs in main living area. Updated vinyl windows throughout. Carport with alley access for off street parking. Updated bathrooms and fresh neutral paint throughout entire home. This one is great for a large family to start out with plenty of room to grow. Call today and schedule your showing.

19. 2024-02-29
    soldstatus $127,200 Closed 506-char remark

    Show marketing remark (506 chars)

    Check out this nicely remodeled 3 bedroom 1 and 1/2 bath home in the heart of Cambridge. Gorgeous, refinished wood floors downstairs and new carpet upstairs in 2 bedrooms. Master bedroom on main floor. Laundry upstairs in main living area. Updated vinyl windows throughout. Carport with alley access for off street parking. Updated bathrooms and fresh neutral paint throughout entire home. This one is great for a large family to start out with plenty of room to grow. Call today and schedule your showing.

20. 2024-01-24
    historical Contingent 506-char remark

    Show marketing remark (506 chars)

    Check out this nicely remodeled 3 bedroom 1 and 1/2 bath home in the heart of Cambridge. Gorgeous, refinished wood floors downstairs and new carpet upstairs in 2 bedrooms. Master bedroom on main floor. Laundry upstairs in main living area. Updated vinyl windows throughout. Carport with alley access for off street parking. Updated bathrooms and fresh neutral paint throughout entire home. This one is great for a large family to start out with plenty of room to grow. Call today and schedule your showing.

21. 2024-01-16
    price $129,000 506-char remark

    Show marketing remark (506 chars)

    Check out this nicely remodeled 3 bedroom 1 and 1/2 bath home in the heart of Cambridge. Gorgeous, refinished wood floors downstairs and new carpet upstairs in 2 bedrooms. Master bedroom on main floor. Laundry upstairs in main living area. Updated vinyl windows throughout. Carport with alley access for off street parking. Updated bathrooms and fresh neutral paint throughout entire home. This one is great for a large family to start out with plenty of room to grow. Call today and schedule your showing.

22. 2024-01-11
    price $138,900 506-char remark

    Show marketing remark (506 chars)

    Check out this nicely remodeled 3 bedroom 1 and 1/2 bath home in the heart of Cambridge. Gorgeous, refinished wood floors downstairs and new carpet upstairs in 2 bedrooms. Master bedroom on main floor. Laundry upstairs in main living area. Updated vinyl windows throughout. Carport with alley access for off street parking. Updated bathrooms and fresh neutral paint throughout entire home. This one is great for a large family to start out with plenty of room to grow. Call today and schedule your showing.

23. 2024-01-02
    historical $1,200
24. 2023-12-15
    listed $139,900 Active 506-char remark

    Show marketing remark (506 chars)

    Check out this nicely remodeled 3 bedroom 1 and 1/2 bath home in the heart of Cambridge. Gorgeous, refinished wood floors downstairs and new carpet upstairs in 2 bedrooms. Master bedroom on main floor. Laundry upstairs in main living area. Updated vinyl windows throughout. Carport with alley access for off street parking. Updated bathrooms and fresh neutral paint throughout entire home. This one is great for a large family to start out with plenty of room to grow. Call today and schedule your showing.

25. 2023-09-02
    listed $1,200
26. 2022-12-21
    soldstatus $40,000
27. 2001-06-16
    soldstatus $19,500
28. 2001-01-29
    listed $24,900

ⓘ 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: $827 · $69/mo
• Projected year-2 tax: $1,505 · $125/mo
• Expected delta: +$678/yr (+$56/mo · 82.0%)

ⓘ 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 4/10 Moderate 7 d/yr ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low 100% 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: $18,075
• − Mortgage interest: −$7,837
• − Property taxes: −$827
• − Insurance: −$700
• − Repairs & maintenance: −$1,446
• − Management: −$1,446
• − Depreciation: −$4,070
• Taxable income: $1,750
• Est. tax owed @ 24.0%: −$420
• After-tax cash flow: $3,529/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: Cambridge City
• NCES district ID: 3904369
• Math proficiency: 28% ▼ -28.00%
• Reading proficiency: 42% ▼ -17.00%
• Median HH income: $33,874
• Composite: 28.76/100
• National rank: #6673
• State rank: #565 of 656 in OH

Livability — Cambridge

• Score: 68/100
• State rank: #579
• US rank: #9829

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cambridge, OH
• County: Guernsey · 34,843 people
• Population (ZIP): 19,728
• Household income: $51,612
• Rent vs Own: 34.7% rent · 65.3% own
• Severe rent burden: 12.5

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 (91%)
• Race & ethnicity: White 91% Two or more races 4% Black 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 3% Slovak 2% Serbian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% German/W. Germanic 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: ▼ -167.03%
• Current HPI: 197.722
• 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

+461.8% since first listed

14 events — show timeline

• 2026-05-05 Price Changed $139,900 MLSNOW
• 2026-01-23 Listed $144,000 MLSNOW
• 2024-03-06 Sold (Public Records) $127,200 Public Records
• 2024-03-01 Pending — MLSNOW
• 2024-02-29 Sold (MLS) $127,200 MLSNOW
• 2024-01-24 Contingent — MLSNOW
• 2024-01-16 Price Changed $129,000 MLSNOW
• 2024-01-11 Price Changed $138,900 MLSNOW
• 2024-01-02 Rental Removed $1,200 BUILDIUM
• 2023-12-15 Listed $139,900 MLSNOW
• 2023-09-02 Listed for Rent $1,200 BUILDIUM
• 2022-12-21 Sold (Public Records) $40,000 Public Records
• 2001-06-16 Sold (MLS) $19,500 MLSNOW
• 2001-01-29 Listed $24,900 MLSNOW

Property tax history

+3.8%/yr

Latest (2025): $827 · +0.8% YoY. Source: county tax records.