58 Biddle Blvd · Bloomingburg, OH 43106

$155,000

3 bd · 1.0 ba · 1,745 sqft · SingleFamily public records · 43 Days on market

Built 1900 0.62 ac lot $89/sqft · 33% below area Est $231k · 33% under ↓ 18% since listing

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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).

• ARV discount +15.0/15.0
• Cash flow +14.2/30.0
• Appreciation +10.0/10.0
• Schools +5.4/10.0
• DSCR +4.3/10.0
• Livability +3.0/5.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Quaint 3 bedroom 1 bath ranch with a carport in Bloomingurg. Fireplace in living room and first floor laundry area for your convenience. Property has a large flat lot with an exterior shed for your storage needs. Call today for your viewing.

Key facts

• Large flat lot
• Exterior shed
• 0.62 acre lot

Tags

• FIREPLACE IN LIVING ROOM
• FIRST FLOOR LAUNDRY AREA
• LARGE FLAT LOT
• EXTERIOR SHED

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level; Built in 1900; No common walls
• Construction: Block foundation
• Exterior features: Shed(s) on property; Lot approximately 0.62 acre

Interior

• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced-air heating
• Interior features: One fireplace; Crawl space basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $24 ($293/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $123k (20.6% below list).
• Recommended offer: $123k (20.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#1,032 in OH) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment C-, crime D, schools F.
• Miami Trace Local (rural): math 61% / reading 67% proficiency, ranked #235 of 656 in OH (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 7 active listings in the ZIP; 71 units permitted in Fayette County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $17k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• Fayette County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $43k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $35k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,088 (20.6% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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?
6. 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.
7. 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.
8. 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: 0.79% ✗
• Cap rate: 6.48%
• Cash-on-cash: 0.68%
• DSCR: 1.03
• GRM: 10.5

CMA / ARV

• ARV (median comp): $230,846
• List price: $155,000
• Delta: -32.86%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
52 West St	0.34mi	3/1.0	1,726 (-1%)	1mo	$69,000	$40	82
100 Main St	0.20mi	4/2.0 (+1)	1,783 (+2%)	22mo	$230,000	$129	60
100 West St	0.29mi	3/2.0	1,872 (+7%)	13mo	$465,000	$248	60
6648 State Route 38 NE	0.35mi	3/2.0	1,816 (+4%)	16mo	$275,000	$151	60
41 Lincoln St	0.20mi	3/2.5	1,512 (-13%)	19mo	$272,000	$180	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 24.7%
• Equity multiple: 2.98×
• Total profit: $85,917
• Equity at exit: $139,636

10-year hold

• IRR: 21.9%
• Equity multiple: 6.80×
• Total profit: $251,674
• Equity at exit: $301,131

Cash invested: $43,400 (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 43106

• Home prices YoY: 8.9%
• Active inventory: 7
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,231 medium
• Mortgage (P&I): −$813
• Tax from tax record: −$71 /mo · $846/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$258
• Net cashflow: $24

Break-even live

Break-even rent $1,200

Max offer price $155,000

Occupancy floor 93%

Sensitivity live

Price	-10% $112	-5% $68	+0% $24	+5% $-19	+10% $-63
Rent	-10% $-73	-5% $-24	+0% $24	+5% $73	+10% $122
Rate	-1.0pp $103	-0.5pp $64	base $24	+0.5pp $-16	+1.0pp $-57

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-21
   days on market $155,000 Active 43 DOM
2. 2026-06-18
   days on market $155,000 Active 41 DOM
3. 2026-06-17
   days on market $155,000 Active 40 DOM
4. 2026-06-17
   price $155,000 Active 39 DOM
5. 2026-06-16
   days on market $160,000 Active 39 DOM
6. 2026-06-15
   days on market $160,000 Active 38 DOM
7. 2026-06-13
   days on market $160,000 Active 36 DOM
8. 2026-06-12
   pricedays on market $160,000 Active 35 DOM
9. 2026-06-09
   days on market $165,000 Active 32 DOM
10. 2026-06-08
    days on market $165,000 Active 31 DOM
11. 2026-06-08
    days on market $165,000 Active 30 DOM
12. 2026-06-07
    pricedays on market $165,000 Active 29 DOM
13. 2026-06-04
    days on market $170,000 Active 26 DOM
14. 2026-06-03
    price $170,000 Active 25 DOM
15. 2026-06-02
    days on market $175,000 Active 25 DOM
16. 2026-06-01
    days on market $175,000 Active 24 DOM
17. 2026-05-31
    days on market $175,000 Active 23 DOM
18. 2026-05-14
    price $185,000 241-char remark
19. 2026-05-08
    listed $190,000 Active 241-char remark
20. 2026-05-04
    listed $190,000 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: $846 · $71/mo
• Projected year-2 tax: $1,632 · $136/mo
• Expected delta: +$786/yr (+$65/mo · 92.9%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low 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: $14,771
• − Mortgage interest: −$8,682
• − Property taxes: −$846
• − Insurance: −$775
• − Repairs & maintenance: −$1,182
• − Management: −$1,182
• − Depreciation: −$4,509
• Taxable loss: −$2,406
• Est. tax savings @ 24.0%: +$577
• After-tax cash flow: $871/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: Miami Trace Local
• NCES district ID: 3910010
• Math proficiency: 61% ▼ -15.00%
• Reading proficiency: 67% ▼ -5.00%
• Median HH income: $45,826
• Composite: 53.98/100
• National rank: #1398
• State rank: #235 of 656 in OH

Livability — Bloomingburg

• Score: 59/100
• State rank: #1032
• US rank: #20487

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bloomingburg, OH
• County: Fayette · 25,566 people
• Population (ZIP): 1,562
• Household income: $62,853
• Rent vs Own: 30.6% rent · 69.4% own
• Severe rent burden: 5.8

Population outlook (Fayette County) Hauer SSP2

• Today (2025): 27,616 people
• By 2030: 26,760 · -3.1%
• By 2040: 24,789 · -10.2%
• By 2050: 22,550 · -18.3%
• By 2075: 16,893 · -38.8%
• By 2100: 11,246 · -59.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 6% Two or more races 6% Black 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Slovak 2% Iranian 2% Lithuanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 96% English-only · Spanish 3% German/W. Germanic 1% Tagalog/Filipino 1%

Political lean MEDSL · Fayette

• 2024 margin: Solid R (+55.1) · D 22.1% · R 77.2%
• 2008→2024 swing: -32.0pp toward R · 2008: -23.1pp · 2024: -55.1pp
• All cycles: 2024: R+55.1 2020: R+51.5 2016: R+47.1 2012: R+22.3 2008: R+23.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 20.72%
• Current HPI: 254.4499
• 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

-18.4% since first listed

9 events — show timeline

• 2026-06-17 Price Changed $155,000 CBRMLS
• 2026-06-11 Price Changed $160,000 CBRMLS
• 2026-06-06 Price Changed $165,000 CBRMLS
• 2026-06-03 Price Changed $170,000 CBRMLS
• 2026-05-27 Price Changed $175,000 CBRMLS
• 2026-05-19 Price Changed $180,000 CBRMLS
• 2026-05-14 Price Changed $185,000 CBRMLS
• 2026-05-08 Listed $190,000 CBRMLS
• 2026-05-04 Listed $190,000 MARMLS

Property tax history

+12.6%/yr

Latest (2025): $846 · -1.7% YoY. Source: county tax records.