2013 Deerfield Dr · Ashtabula, OH 44004

$289,900

3 bd · 3.0 ba · 1,710 sqft · SingleFamily public records · 4 Days on market

Built 1989 0.43 ac lot $170/sqft · 36% above area Est $213k · 36% over

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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 +28.9/30.0
• DSCR +10.0/10.0
• 1% rule +7.9/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this beautiful 3 bedroom, 3 full bath ranch offering spacious one floor living with a full finished basement providing plenty of additional living and entertaining space. This home features a functional layout with generous room sizes, two fireplaces adding warmth and character throughout, along with a versatile lower level perfect for a recreation room, home office, workout area, or guest space. Step outside to a fully fenced backyard designed for both relaxation and gathering, complete with a low maintenance trex deck, cozy fire pit area, greenhouse, and storage shed. This property combines comfort, functionality, and outdoor enjoyment in one inviting package!

Key facts

• Finished basement
• Storage shed
• Cozy fire pit area

Tags

• FINISHED BASEMENT
• FULLY FENCED BACKYARD
• LOW MAINTENANCE TREX DECK
• COZY FIRE PIT AREA
• GREENHOUSE
• STORAGE SHED

Property features AI

Exterior

• Parking: Attached 2-car garage with garage door opener and electricity; Concrete driveway with direct access
• Utilities: Public water; Public sewer
• Home design: Single-story home; Shake siding, stone veneer and vinyl siding; Asphalt/fiberglass roof
• Construction: Built (year per public records); Shake siding, stone veneer, vinyl siding construction; Asphalt/fiberglass roof
• Exterior features: Deck; Side porch; Fire pit; Greenhouse; Pergola; Shed(s); Wood fencing in back yard

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Garbage disposal; Kitchen island
• Bedrooms: Three main-level bedrooms
• Bathrooms: Three full bathrooms (two on the main level)
• Heating & cooling: Central air conditioning; Heating via forced air, baseboard, heat pump, and fireplaces; Gas heating available
• Interior features: Entrance foyer; Kitchen island; Vaulted ceilings; Bar; Full finished basement with walk-up access and sump pump; Two fireplaces (kitchen and living room) — gas and wood burning
• Laundry & utility: Washer and dryer; Laundry on main level and in basement

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $290k.

Deal economics

• At list price, monthly cash flow is $981 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $290k).
• Cap rate 10.4% vs local median 8.3% in Ashtabula — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 71/100 on livability (#420 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities F, commute F, employment F.
• Ashtabula Area City (town): math 24% / reading 35% proficiency, ranked #588 of 656 in OH (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Superior Intermediate School (math 30% / reading 31%, grade F, #1,151 of 1,584 statewide, top 73%, 436 students, 0% FRL); Lakeside Junior High School (math 24% / reading 34%, grade F, #579 of 654 statewide, top 89%, 505 students, 0% FRL); Lakeside High School (math 12% / reading 37%, grade F, #644 of 781 statewide, top 85%, 894 students, 0% FRL) — zoned schools average 0% FRL vs 63% district-wide (63 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 172 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 155 units permitted in Ashtabula County in 2024 (0 in 5+ unit buildings).
• At $3,749/mo this rent would consume 91% of the median local household income ($50k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Ashtabula County population projected at -22% 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 $81k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 11y 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.

Recommended offer $289,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 1.29% ✓
• Cap rate: 10.35%
• Cash-on-cash: 14.50%
• DSCR: 1.65
• GRM: 6.4

CMA / ARV

• ARV (median comp): $213,236
• List price: $289,900
• Delta: 35.95%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2117 W 19th St	0.39mi	3/2.0	1,685 (-2%)	4mo	$145,000	$86	72
1814 Allen Ave	0.33mi	4/2.0 (+1)	1,851 (+8%)	12mo	$140,000	$76	51
1045 Norman Ave	0.71mi	3/2.0	1,709 (-0%)	16mo	$269,000	$157	50
2684 Burlingham Dr	0.60mi	4/2.0 (+1)	1,830 (+7%)	2mo	$135,500	$74	49
1337 Lyndon Ave	0.58mi	3/1.5	1,619 (-5%)	13mo	$188,000	$116	48
1126 Norwood Dr	0.63mi	3/2.0	1,512 (-12%)	4mo	$220,000	$146	44
1537 Ohio Ave	0.64mi	3/1.5	1,793 (+5%)	23mo	$195,000	$109	37
1024 Norwood Dr	0.72mi	4/3.5 (+1)	1,875 (+10%)	16mo	$212,000	$113	30
1219 Union Ave	0.58mi	4/1.5 (+1)	1,904 (+11%)	19mo	$215,000	$113	27

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: 4.9%
• Equity multiple: 1.19×
• Total profit: $15,551
• Equity at exit: $43,225

10-year hold

• IRR: 14.4%
• Equity multiple: 2.16×
• Total profit: $94,173
• Equity at exit: $25,065

Cash invested: $81,172 (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 44004

• Home prices YoY: -30.5%
• Active inventory: 172
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $3,749 medium
• Mortgage (P&I): −$1,520
• Tax from tax record: −$340 /mo · $4,076/yr
• Insurance: −$121
• HOA: −$0
• Vacancy / Maint / Mgmt: −$787
• Net cashflow: $981

Break-even live

Break-even rent $2,507

Max offer price $289,900

Occupancy floor 69%

Sensitivity live

Price	-10% $1,145	-5% $1,063	+0% $981	+5% $899	+10% $817
Rent	-10% $685	-5% $833	+0% $981	+5% $1,129	+10% $1,277
Rate	-1.0pp $1,127	-0.5pp $1,055	base $981	+0.5pp $906	+1.0pp $830

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: $72,475
• Closing costs: $8,697
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1036 Union Ave Unit 1496086P Ashtabula, OH	3.0	1.0	1496	$5,341	$3.57	46d	1	0.72mi
1115 Myrtle Ave Ashtabula, OH	3.0	1.5	1184	$1,600	$1.35	46d	1	0.77mi

Listing history 10 events

1. 2026-05-18
   status Pending 681-char remark
2. 2026-05-14
   listed $289,900 Active 681-char remark
3. 2016-08-13
   historical
4. 2016-06-09
   price $176,500
5. 2016-05-13
   status Active
6. 2016-05-09
   historical
7. 2016-02-09
   listed $187,000 Active
8. 2016-01-27
   historical
9. 2015-12-03
   price $187,000
10. 2015-07-29
    listed $197,000 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: $4,076 · $340/mo
• Projected year-2 tax: $4,299 · $358/mo
• Expected delta: +$223/yr (+$19/mo · 5.5%)

ⓘ 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 3/10 Moderate 7 d/yr ≥93°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $44,989
• − Mortgage interest: −$16,239
• − Property taxes: −$4,076
• − Insurance: −$1,450
• − Repairs & maintenance: −$3,599
• − Management: −$3,599
• − Depreciation: −$8,433
• Taxable income: $7,593
• Est. tax owed @ 24.0%: −$1,822
• After-tax cash flow: $9,950/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: Ashtabula Area City
• NCES district ID: 3904351
• Math proficiency: 24% ▼ -27.00%
• Reading proficiency: 35% ▼ -13.00%
• Median HH income: $34,812
• Composite: 24.3/100
• National rank: #7712
• State rank: #588 of 656 in OH

Livability — Ashtabula

• Score: 71/100
• State rank: #420
• US rank: #6883

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ashtabula, OH
• County: Ashtabula · 97,617 people
• City population: 31,076
• Metro: Cleveland, OH
• Population (ZIP): 31,076
• Household income: $49,507
• Rent vs Own: 32.7% rent · 67.3% own
• Severe rent burden: 14.1

Population outlook (Ashtabula County) Hauer SSP2

• Today (2025): 92,950 people
• By 2030: 89,146 · -4.1%
• By 2040: 80,715 · -13.2%
• By 2050: 72,270 · -22.2%
• By 2075: 55,780 · -40.0%
• By 2100: 40,928 · -56.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Hispanic / Latino 9% Two or more races 7% Black 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 5%
• Common ancestry: Romanian 4% Iranian 2% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 4%

Political lean MEDSL · Ashtabula

• 2024 margin: Strong R (+28.4) · D 35.4% · R 63.8%
• 2008→2024 swing: -41.9pp toward R · 2008: 13.5pp · 2024: -28.4pp
• All cycles: 2024: R+28.4 2020: R+23.5 2016: R+19.0 2012: D+12.1 2008: D+13.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -114.51%
• Current HPI: 260.7146
• 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

+47.2% since first listed

10 events — show timeline

• 2026-05-18 Pending — MLSNOW
• 2026-05-14 Listed $289,900 MLSNOW
• 2016-08-13 Listing Removed — MLSNOW
• 2016-06-09 Price Changed $176,500 MLSNOW
• 2016-05-13 Relisted — MLSNOW
• 2016-05-09 Listing Removed — MLSNOW
• 2016-02-09 Listed $187,000 MLSNOW
• 2016-01-27 Listing Removed — MLSNOW
• 2015-12-03 Price Changed $187,000 MLSNOW
• 2015-07-29 Listed $197,000 MLSNOW

Property tax history

+2.3%/yr

Latest (2025): $4,076 · -0.2% YoY. Source: county tax records.