102 W Lynn St · Stryker, OH 43557

$149,900

6 bd · 2.0 ba · 2,075 sqft · MultiFamily public records · 37 Days on market

Built 1920 8,189 sqft lot

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.3/10.0
• ARV discount +7.5/15.0
• Schools +6.3/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Owner replacing 2 broken windows

Key facts

• All appliances stay
• Downtown stryker
• Duplex

Tags

• DUPLEX
• DOWNTOWN STRYKER
• WASHER AND DRYER HOOKUPS
• ALL APPLIANCES STAY

Property features AI

Finance

• Other: Property located on approximately 0.19 acre lot in Tingley's Addn., Stryker, OH
• Financial info: Two-unit property (duplex) with one unit currently leased and one vacant; Tenant pays all utilities; Owner responsible for exterior maintenance, grounds care, repairs, insurance, snow removal and lawn care
• HOA & community: Dogs allowed

Exterior

• Parking: Private off-street parking; Driveway; Total of 4 parking spaces
• Utilities: Public water; Public sewer; 100 amp electric service; Electricity connected; Natural gas connected; Cable available; Internet and WiFi available
• Home design: Residential income duplex; Two-story building
• Construction: Vinyl siding; Metal roof; Block and combination foundation; Built per public records
• Exterior features: Covered porch; Level lot; Asphalt road frontage from alley and city street; Sidewalks in the community

Interior

• Kitchen: Electric range
• Bedrooms: Duplex property with multiple bedrooms across units
• Flooring: Carpet; Hardwood; Laminate; Linoleum
• Bathrooms: Bathrooms present in each unit (details not provided)
• Heating & cooling: Natural gas heating; Window air conditioning units
• Interior features: Insulated windows; Other interior features; Walk-up covered porch (see Exterior for porch)
• Laundry & utility: Washer; Dryer; Stacked washer/dryer; Washer hookup; Electric dryer hookup; Water heater

What this means for you Summary

Snapshot

• This is a 2 × 3-bed/1.0-bath units multifamily listed at $150k.

Deal economics

• At list price, monthly cash flow is $754 ($9k/yr) — positive. Per door: $377/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $145k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#361 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Stryker Local (rural): math 73% / reading 73% proficiency, ranked #226 of 802 in OH (top 28%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: Stryker Elementary School (math 62% / reading 67%, grade B, #522 of 1,584 statewide, top 36%, 239 students, 0% FRL); Stryker High School (math 67% / reading 67%, grade B, #137 of 781 statewide, top 19%, 150 students, 98% FRL).
• Market conditions: 7 active listings in the ZIP; solid renter incomes; 40 units permitted in Williams County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($80k/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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Williams 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 $42k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 24y 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.
• Current owner paid $42k; list at $150k implies a 253% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $145,403 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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.
8. 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.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.43% ✓
• Cap rate: 12.33%
• Cash-on-cash: 21.56%
• DSCR: 1.96
• GRM: 5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 14.1%
• Equity multiple: 1.57×
• Total profit: $23,716
• Equity at exit: $22,351

10-year hold

• IRR: 22.9%
• Equity multiple: 2.96×
• Total profit: $82,385
• Equity at exit: $12,961

Cash invested: $41,972 (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 43557

• Home prices YoY: -8.3%
• Active inventory: 7
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $2,138 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$86 /mo · $1,035/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$449
• Net cashflow: $754

Break-even live

Break-even rent $1,183

Max offer price $149,900

Occupancy floor 60%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	3	1	$2,138
Total (2 units)			$2,138

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Listing history 40 events

1. 2026-06-16
   status $149,900 Pending 37 DOM
2. 2026-06-15
   days on market $149,900 Contingent 37 DOM
3. 2026-06-13
   days on market $149,900 Contingent 35 DOM
4. 2026-06-12
   days on market $149,900 Contingent 34 DOM
5. 2026-06-09
   days on market $149,900 Contingent 31 DOM
6. 2026-06-08
   days on market $149,900 Contingent 30 DOM
7. 2026-06-08
   days on market $149,900 Contingent 29 DOM
8. 2026-06-07
   days on market $149,900 Contingent 28 DOM
9. 2026-06-04
   days on market $149,900 Contingent 25 DOM
10. 2026-06-02
    days on market $149,900 Contingent 24 DOM
11. 2026-06-01
    days on market $149,900 Contingent 23 DOM
12. 2026-05-31
    days on market $149,900 Contingent 22 DOM
13. 2026-05-13
    historical Contingent
14. 2026-05-05
    listed $149,900 Active
15. 2025-10-14
    price $15,500 32-char remark

    Show marketing remark (218 chars)

    NICE UPDATED DUPLEX WITH GREAT CASH FLOW. BOTH SIDES ARE CURRENTLY RENTED. ALL THE WORK IS DONE. RENTS ARE $500 AND $550/MO. TENANTS PAY ALL UTILITIES. WILL MAKE A GREAT INVESTMENT. SET YOUR APPOINTMENT UP TODAY.

16. 2025-10-14
    price $42,500 218-char remark

    Show marketing remark (218 chars)

    NICE UPDATED DUPLEX WITH GREAT CASH FLOW. BOTH SIDES ARE CURRENTLY RENTED. ALL THE WORK IS DONE. RENTS ARE $500 AND $550/MO. TENANTS PAY ALL UTILITIES. WILL MAKE A GREAT INVESTMENT. SET YOUR APPOINTMENT UP TODAY.

17. 2025-10-13
    price $35,000
18. 2015-11-25
    soldstatus $42,500
19. 2015-11-24
    soldstatus $42,500 218-char remark

    Show marketing remark (218 chars)

    NICE UPDATED DUPLEX WITH GREAT CASH FLOW. BOTH SIDES ARE CURRENTLY RENTED. ALL THE WORK IS DONE. RENTS ARE $500 AND $550/MO. TENANTS PAY ALL UTILITIES. WILL MAKE A GREAT INVESTMENT. SET YOUR APPOINTMENT UP TODAY.

20. 2015-07-13
    listed $49,999 218-char remark

    Show marketing remark (218 chars)

    NICE UPDATED DUPLEX WITH GREAT CASH FLOW. BOTH SIDES ARE CURRENTLY RENTED. ALL THE WORK IS DONE. RENTS ARE $500 AND $550/MO. TENANTS PAY ALL UTILITIES. WILL MAKE A GREAT INVESTMENT. SET YOUR APPOINTMENT UP TODAY.

21. 2015-02-23
    soldstatus $15,500
22. 2015-02-20
    soldstatus $15,500 32-char remark

    Show marketing remark (32 chars)

    Owner replacing 2 broken windows

23. 2014-10-27
    listed $18,995 32-char remark

    Show marketing remark (32 chars)

    Owner replacing 2 broken windows

24. 2014-08-01
    historical
25. 2014-05-30
    listed $34,900
26. 2014-05-12
    historical
27. 2013-11-13
    listed $49,900
28. 2013-11-12
    historical
29. 2013-05-13
    listed $39,900
30. 2012-10-11
    historical
31. 2012-04-11
    listed $24,900
32. 2011-09-07
    soldstatus $35,000
33. 2009-07-06
    listed $39,900
34. 2006-03-14
    soldstatus $43,000
35. 2005-08-13
    historical
36. 2002-12-27
    listed $79,900
37. 2002-12-26
    historical
38. 2002-06-26
    listed $79,900
39. 1998-01-16
    soldstatus $60,000
40. 1994-08-01
    soldstatus $30,500

ⓘ 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: $1,035 · $86/mo
• Projected year-2 tax: $1,687 · $141/mo
• Expected delta: +$652/yr (+$54/mo · 63.0%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥100°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,656
• − Mortgage interest: −$8,397
• − Property taxes: −$1,035
• − Insurance: −$750
• − Repairs & maintenance: −$2,052
• − Management: −$2,052
• − Depreciation: −$4,361
• Taxable income: $7,009
• Est. tax owed @ 24.0%: −$1,682
• After-tax cash flow: $7,368/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: Stryker Local
• NCES district ID: 3905065
• Math proficiency: 73% ▲ 3.00%
• Reading proficiency: 73% ▲ 3.00%
• Median HH income: $52,467
• Composite: 63.17/100
• National rank: #1305
• State rank: #226 of 802 in OH

Livability — Stryker

• Score: 72/100
• State rank: #361
• US rank: #5865

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Stryker, OH
• County: Williams · 37,585 people
• Population (ZIP): 3,219
• Household income: $80,163
• Rent vs Own: 14.6% rent · 85.4% own
• Severe rent burden: 11.6

Population outlook (Williams County) Hauer SSP2

• Today (2025): 36,125 people
• By 2030: 35,264 · -2.4%
• By 2040: 33,264 · -7.9%
• By 2050: 31,072 · -14.0%
• By 2075: 26,553 · -26.5%
• By 2100: 21,318 · -41.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Hispanic / Latino 12% Two or more races 6% Black 5% Native American 3%
• Hispanic origin (detail): Mexican 7% Puerto Rican 1%
• Common ancestry: Lithuanian 4% Romanian 2% Slovak 2%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · Williams

• 2024 margin: Solid R (+48.2) · D 25.4% · R 73.7%
• 2008→2024 swing: -39.0pp toward R · 2008: -9.3pp · 2024: -48.2pp
• All cycles: 2024: R+48.2 2020: R+46.2 2016: R+43.8 2012: R+16.3 2008: R+9.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -20.03%
• Current HPI: 220.9472
• 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

+391.5% since first listed

28 events — show timeline

• 2026-05-13 Contingent — NORIS
• 2026-05-05 Listed $149,900 NORIS
• 2025-10-14 Price Changed $15,500 NORIS
• 2025-10-14 Price Changed $42,500 NORIS
• 2025-10-13 Price Changed $35,000 NORIS
• 2015-11-25 Sold (Public Records) $42,500 Public Records
• 2015-11-24 Sold (MLS) $42,500 NORIS
• 2015-07-13 Listed $49,999 NORIS
• 2015-02-23 Sold (Public Records) $15,500 Public Records
• 2015-02-20 Sold (MLS) $15,500 NORIS
• 2014-10-27 Listed $18,995 NORIS
• 2014-08-01 Listing Removed — NORIS
• 2014-05-30 Listed $34,900 NORIS
• 2014-05-12 Listing Removed — NORIS
• 2013-11-13 Listed $49,900 NORIS
• 2013-11-12 Listing Removed — NORIS
• 2013-05-13 Listed $39,900 NORIS
• 2012-10-11 Listing Removed — NORIS
• 2012-04-11 Listed $24,900 NORIS
• 2011-09-07 Sold (MLS) $35,000 NORIS
• 2009-07-06 Listed $39,900 NORIS
• 2006-03-14 Sold (Public Records) $43,000 Public Records
• 2005-08-13 Listing Removed — NORIS
• 2002-12-27 Listed $79,900 NORIS
• 2002-12-26 Listing Removed — NORIS
• 2002-06-26 Listed $79,900 NORIS
• 1998-01-16 Sold (Public Records) $60,000 Public Records
• 1994-08-01 Sold (Public Records) $30,500 Public Records

Property tax history

+1.8%/yr

Latest (2025): $1,035 · +0.0% YoY. Source: county tax records.