641 N Poplar St · Fostoria, OH 44830

$1

3 bd · 1.0 ba · 1,338 sqft · SingleFamily public records · 20 Days on market

Built 1910

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Why this score? — see what drove the D 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.8/5.0
• 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

1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

Key facts

• 2 garage spots
• Built 1910
• Listed 20 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $1.

Deal economics

• At list price, monthly cash flow is $598 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($757 rent vs $1).
• Cap rate 717634.0% vs local median 4.5% in Fostoria — 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 76/100 on livability (#216 in OH, #3,330 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute F, employment D-.
• Fostoria City (town): math 30% / reading 39% proficiency, ranked #566 of 656 in OH (top 86%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Fostoria Elementary School (math 33% / reading 39%, grade F, #1,107 of 1,584 statewide, top 70%, 1,056 students, 66% FRL); Fostoria Junior/Senior High School (math 25% / reading 38%, grade F, #612 of 781 statewide, top 78%, 801 students, 58% FRL).
• Market conditions: 51 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 45 units permitted in Seneca County in 2024 (0 in 5+ unit buildings).
• This rent is only 15% of the median local income ($62k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $0 of loan paydown is wiped out by about $0 of value loss. Plan a longer hold.
• Seneca County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $0 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($0) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 9y 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 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $1

Questions for the listing agent

1. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 75700.00% ✓
• Cap rate: 717634.00%
• Cash-on-cash: 2562956.10%
• DSCR: 114038.12
• GRM: 0.0

CMA / ARV

• ARV (on-the-fly): $159,222
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
130 Summit St	0.19mi	3/1.0	1,248 (-7%)	10mo	$148,900	$119	72
633 Maple St	0.07mi	3/1.5	1,497 (+12%)	7mo	$158,000	$106	69
928 Walnut St	0.40mi	3/1.0	1,286 (-4%)	10mo	$141,999	$110	66
211 Summit St	0.31mi	3/1.5	1,516 (+13%)	7mo	$80,000	$53	56
1324 N Union St	0.63mi	3/2.0	1,428 (+7%)	2mo	$165,000	$116	54
230 W South St	0.73mi	3/2.0	1,352 (+1%)	11mo	$150,000	$111	51
1306 N Union St	0.60mi	3/1.0	1,248 (-7%)	12mo	$153,000	$123	51
481 Beverly Dr	0.54mi	3/1.0	1,185 (-11%)	7mo	$157,000	$132	50
1007 Leonard Ct	0.44mi	2/1.0 (-1)	1,204 (-10%)	11mo	$148,000	$123	49
508 Short Elm St	0.71mi	4/1.0 (+1)	1,499 (+12%)	3mo	$155,000	$103	40
702 Woodward Ave	0.64mi	3/2.0	1,175 (-12%)	10mo	$144,000	$123	38
442 Union Ct	0.69mi	3/1.5	1,140 (-15%)	6mo	$161,000	$141	36

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: —
• Equity multiple: 136071.24×
• Total profit: $38,100
• Equity at exit: $0

10-year hold

• IRR: —
• Equity multiple: 293814.69×
• Total profit: $82,268
• Equity at exit: $0

Cash invested: $0 (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 44830

• Home prices YoY: -16.1%
• Active inventory: 51

Monthly cashflow live

• Estimated rent: $757 medium
• Mortgage (P&I): −$0
• Tax est. 1.5%: −$0 /mo · $0/yr
• Insurance: −$0
• HOA: −$0
• Vacancy / Maint / Mgmt: −$159
• Net cashflow: $598

Break-even live

Break-even rent —

Max offer price $1

Occupancy floor 16%

Sensitivity live

Price	-10% $598	-5% $598	+0% $598	+5% $598	+10% $598
Rent	-10% $538	-5% $568	+0% $598	+5% $628	+10% $658
Rate	-1.0pp $598	-0.5pp $598	base $598	+0.5pp $598	+1.0pp $598

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: $0
• Closing costs: $0
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
595 Stearns Rd Fostoria, OH	2.0	1.0–1.5	986	$757	$0.77	3d	3	1.24mi

Listing history 22 events

1. 2026-03-31
   status Pending
2. 2026-03-11
   listed $1 Active
3. 2025-10-14
   price $95,000 384-char remark

   Show marketing remark (384 chars)

   1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

4. 2024-07-11
   soldstatus $95,000
5. 2024-06-19
   status Pending 384-char remark

   Show marketing remark (384 chars)

   1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

6. 2024-06-14
   soldstatus $95,000 Closed 384-char remark

   Show marketing remark (384 chars)

   1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

7. 2024-04-23
   historical Contingent 384-char remark

   Show marketing remark (384 chars)

   1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

8. 2024-03-25
   price $97,000 384-char remark

   Show marketing remark (384 chars)

   1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

9. 2024-03-18
   status Active 384-char remark

   Show marketing remark (384 chars)

   1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

10. 2024-03-11
    historical Contingent 384-char remark

    Show marketing remark (384 chars)

    1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

11. 2024-03-08
    status Active 384-char remark

    Show marketing remark (384 chars)

    1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

12. 2024-02-15
    historical Contingent 384-char remark

    Show marketing remark (384 chars)

    1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

13. 2024-02-12
    listed $99,900 Active 384-char remark

    Show marketing remark (384 chars)

    1 1/2-story home with large rooms and a nice sized fenced in backyard. 3 bedrooms with a bed and bath on the main floor. Very nice detached 2 car garage with off street parking. Main floor also includes a spacious utility room with washer and dryer hook up. The half bath needs finished but has potential to be a very cool vanity room. Shingle roof, vinyl siding, replacement windows.

14. 2018-06-28
    soldstatus $67,900 344-char remark

    Show marketing remark (344 chars)

    Convenient floor plan with master bedroom on the main floor. Along with a main floor bathroom and main level laundry room. Nice size rooms and large garage in the rear of the home. Updated paint, flooring and figures throughout. Replacement windows. Stainless stove and dishwasher included in the sale. Call listing agent for a private showing.

15. 2018-06-28
    soldstatus $67,900

    Show marketing remark (344 chars)

    Convenient floor plan with master bedroom on the main floor. Along with a main floor bathroom and main level laundry room. Nice size rooms and large garage in the rear of the home. Updated paint, flooring and figures throughout. Replacement windows. Stainless stove and dishwasher included in the sale. Call listing agent for a private showing.

16. 2018-01-22
    listed $69,900 344-char remark

    Show marketing remark (344 chars)

    Convenient floor plan with master bedroom on the main floor. Along with a main floor bathroom and main level laundry room. Nice size rooms and large garage in the rear of the home. Updated paint, flooring and figures throughout. Replacement windows. Stainless stove and dishwasher included in the sale. Call listing agent for a private showing.

17. 2018-01-22
    listed $67,900

    Show marketing remark (344 chars)

    Convenient floor plan with master bedroom on the main floor. Along with a main floor bathroom and main level laundry room. Nice size rooms and large garage in the rear of the home. Updated paint, flooring and figures throughout. Replacement windows. Stainless stove and dishwasher included in the sale. Call listing agent for a private showing.

18. 2018-01-07
    historical
19. 2018-01-07
    historical
20. 2017-07-07
    listed $79,899
21. 2017-07-07
    listed $79,899
22. 2002-02-27
    soldstatus $49,000

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥99°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,084
• − Mortgage interest: −$0
• − Property taxes: −$0
• − Insurance: −$0
• − Repairs & maintenance: −$727
• − Management: −$727
• − Depreciation: −$0
• Taxable income: $7,630
• Est. tax owed @ 24.0%: −$1,831
• After-tax cash flow: $5,345/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: Fostoria City
• NCES district ID: 3904399
• Math proficiency: 30% ▼ -21.00%
• Reading proficiency: 39% ▼ -10.00%
• Median HH income: $36,902
• Composite: 28.65/100
• National rank: #6702
• State rank: #566 of 656 in OH

Livability — Fostoria

• Score: 76/100
• State rank: #216
• US rank: #3330

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fostoria, OH
• County: Seneca · 70,739 people
• City population: 18,409
• Population (ZIP): 18,409
• Household income: $61,589
• Rent vs Own: 27.1% rent · 72.9% own
• Severe rent burden: 9.8

Population outlook (Seneca County) Hauer SSP2

• Today (2025): 54,243 people
• By 2030: 52,947 · -2.4%
• By 2040: 49,842 · -8.1%
• By 2050: 46,689 · -13.9%
• By 2075: 39,889 · -26.5%
• By 2100: 32,155 · -40.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Hispanic / Latino 10% Two or more races 7% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 1%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 94% English-only · Spanish 4%

Political lean MEDSL · Seneca

• 2024 margin: Solid R (+37.5) · D 30.7% · R 68.2% · Other 1.0%
• 2008→2024 swing: -34.8pp toward R · 2008: -2.7pp · 2024: -37.5pp
• All cycles: 2024: R+37.5 2020: R+34.2 2016: R+31.2 2012: R+8.4 2008: R+2.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.93%
• Current HPI: 224.2583
• 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

+93.9% since first listed

22 events — show timeline

• 2026-03-31 Pending — MARMLS
• 2026-03-11 Listed $1 MARMLS
• 2025-10-14 Price Changed $95,000 NORIS
• 2024-07-11 Sold (Public Records) $95,000 Public Records
• 2024-06-19 Pending — NORIS
• 2024-06-14 Sold (MLS) $95,000 NORIS
• 2024-04-23 Contingent — NORIS
• 2024-03-25 Price Changed $97,000 NORIS
• 2024-03-18 Relisted — NORIS
• 2024-03-11 Contingent — NORIS
• 2024-03-08 Relisted — NORIS
• 2024-02-15 Contingent — NORIS
• 2024-02-12 Listed $99,900 NORIS
• 2018-06-28 Sold (MLS) $67,900 NORIS
• 2018-06-28 Sold (MLS) $67,900 NORIS
• 2018-01-22 Listed $67,900 NORIS
• 2018-01-22 Listed $69,900 NORIS
• 2018-01-07 Listing Removed — NORIS
• 2018-01-07 Listing Removed — NORIS
• 2017-07-07 Listed $79,899 NORIS
• 2017-07-07 Listed $79,899 NORIS
• 2002-02-27 Sold (Public Records) $49,000 Public Records

Property tax history

+3.3%/yr

Latest (2025): $1,159 · -3.2% YoY. Source: county tax records.