832 Bartley Pl · Toledo, OH 43609

$92,900

3 bd · 1.0 ba · 957 sqft · SingleFamily public records · 1 Days on market

Built 1884 3,200 sqft lot Est $76k · 23% 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 +23.9/30.0
• DSCR +7.7/10.0
• 1% rule +5.5/10.0
• Appreciation +5.4/10.0
• Rent growth +4.5/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Move right into this stunning 3 bed 1 bath bungalow in Toledo! Completely renovated from the studs, featuring new vinyl plank flooring and carpet throughout. New ceiling fans and updated windows. New furnace and tankless hot water tank installed in '22. Laundry room. Renovated full bath. Vinyl siding new in '22, and shed for extra storage. New roof installed in '22. Property is conveniently located near the Toledo Zoo, Downtown Toledo and Anthony Wayne Trail and highway. This is the perfect turn-key place to call home!

Key facts

• New furnace
• New siding
• New flooring

Tags

• NEW ROOF
• NEW WINDOWS
• NEW SIDING
• NEW FURNACE
• NEW WATER HEATER
• NEW FLOORING

Property features AI

Finance

• HOA & community: Neighborhood has curbs, street lights, and sidewalks

Exterior

• Parking: Driveway parking and on-street parking for a total of 3 spaces
• Utilities: Public water; Public sewer; Electricity connected; Natural gas connected; Cable and internet available
• Home design: Single-family house; One and a half levels; No shared/common walls; Residential property
• Construction: Vinyl siding; Crawl space foundation; Shingle roof; Built year sourced from assessor
• Exterior features: Front porch; Deck; Shed(s); Curbs, street lights, and sidewalks in the neighborhood

Interior

• Kitchen: Gas range; Refrigerator; 15 x 9 kitchen (main level)
• Bedrooms: Bedroom on main level with carpet and ceiling fan (approx. 13 x 12); Second bedroom on main level with carpet and ceiling fan (approx. 11 x 8); Third bedroom on main level with carpet and ceiling fan (approx. 11 x 8)
• Flooring: Carpet; Luxury vinyl
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating (natural gas)
• Interior features: Ceiling fans throughout; Double pane, insulated windows; 6 total rooms
• Laundry & utility: Washer hookup; Electric dryer hookup; Utility room on main level (approx. 6 x 4)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $93k.

Deal economics

• At list price, monthly cash flow is $180 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($974 rent vs $93k).

Location & tenants

• Location reads 66/100 on livability (#645 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, crime F, commute F.
• Toledo City (urban): math 15% / reading 24% proficiency, ranked #634 of 656 in OH (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Marshall Stemm Academy (math 2% / reading 8%, grade F, #1,554 of 1,584 statewide, top 100%, 374 students, 0% FRL); Waite High School (math 12% / reading 24%, grade F, #687 of 781 statewide, top 88%, 997 students, 0% FRL) — zoned schools average 0% FRL vs 72% district-wide (72 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+7.8%/yr); 99 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 415 units permitted in Lucas County in 2024 (122 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($642 loan paydown + $696 appreciation (0.8% local appreciation)).
• Lucas County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (0.8% appreciation + 7.8% rent growth), your $26k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $70k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1884 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $92,900

Questions for the listing agent

1. Built in 1884 — 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. Crime grade is F 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?
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: 1.05% ✓
• Cap rate: 8.61%
• Cash-on-cash: 8.28%
• DSCR: 1.37
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $75,603
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
678 Lorain St	0.17mi	3/1.0	1,006 (+5%)	7mo	$26,000	$26	78
1335 Colburn St	0.39mi	3/1.0	962 (+0%)	10mo	$22,500	$23	73
1402 Prouty Ave	0.38mi	3/1.0	1,030 (+8%)	1mo	$50,000	$49	69
1461 Ingomar Ave	0.41mi	3/2.0	1,008 (+5%)	7mo	$79,900	$79	63
624 Carlton St	0.48mi	3/2.0	1,013 (+6%)	2mo	$134,888	$133	62
1152 Colton St	0.50mi	3/1.0	1,046 (+9%)	1mo	$65,000	$62	60
648 Carlton St	0.46mi	2/1.0 (-1)	880 (-8%)	2mo	$86,000	$98	58
910 Orchard St	0.44mi	2/1.0 (-1)	888 (-7%)	10mo	$25,000	$28	54
855 Brighton Ave	0.56mi	3/1.0	1,070 (+12%)	2mo	$97,500	$91	53
502 Brighton Ave	0.71mi	2/1.0 (-1)	884 (-8%)	1mo	$123,900	$140	49
913 Prouty Ave	0.46mi	4/1.0 (+1)	1,061 (+11%)	11mo	$65,900	$62	47
864 Hampton Ave	0.65mi	2/1.0 (-1)	878 (-8%)	9mo	$90,000	$103	44

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

Projected returns pro-forma

0.75% appreciation · 7.8% rent growth · sell at horizon

5-year hold

• IRR: 12.6%
• Equity multiple: 1.65×
• Total profit: $16,955
• Equity at exit: $30,509

10-year hold

• IRR: 19.3%
• Equity multiple: 3.61×
• Total profit: $67,837
• Equity at exit: $39,627

Cash invested: $26,012 (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 43609

• Home prices YoY: 0.3%
• Rents YoY: 7.8%
• Active inventory: 99
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $974 high
• Mortgage (P&I): −$487
• Tax from tax record: −$64 /mo · $768/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$205
• Net cashflow: $180

Break-even live

Break-even rent $747

Max offer price $92,900

Occupancy floor 77%

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: $23,225
• Closing costs: $2,787
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1037 Orchard St Toledo, OH	2.0	1.0	696	$820	$1.18	21d	1	0.26mi
1418 Colburn St Toledo, OH	3.0	1.0	992	$1,200	$1.21	14d	1	0.44mi
705 Nicholas St Toledo, OH	2.0	1.0	1037	$900	$0.87	44d	1	0.49mi
2594 Broadway St Toledo, OH	2.0	1.0	1076	$825	$0.77	44d	1	0.50mi
771 Orchard St Unit 7715 Toledo, OH	2.0	1.0	1086	$645	$0.59	23d	1	0.61mi
1321 Gordon St Toledo, OH	3.0	1.0	1121	$1,050	$0.94	44d	1	0.61mi
827 Colburn St Toledo, OH	2.0	1.0	1092	$750	$0.69	44d	1	0.63mi
1734 Arlington Ave Toledo, OH	2.0	1.0	700	$800	$1.14	14d	1	0.79mi
223 Charles St Toledo, OH	2.0	1.0	612	$875	$1.43	44d	1	0.95mi
2044 Arlington Ave Toledo, OH	2.0	1.0	800	$825	$1.03	21d	1	1.21mi
244 Knower St Toledo, OH	3.0	1.0	1120	$995	$0.89	14d	1	1.32mi

Listing history 3 events

1. 2026-06-18
   remarks 526-char remark
2. 2026-06-17
   remarks 524-char remark
3. 2026-06-17
   listed $92,900 Coming Soon 1 DOM

ⓘ 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: $768 · $64/mo
• Projected year-2 tax: $1,109 · $92/mo
• Expected delta: +$340/yr (+$28/mo · 44.3%)

ⓘ 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 ≥101°F today · 16 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: $11,688
• − Mortgage interest: −$5,204
• − Property taxes: −$768
• − Insurance: −$464
• − Repairs & maintenance: −$935
• − Management: −$935
• − Depreciation: −$2,703
• Taxable income: $679
• Est. tax owed @ 24.0%: −$163
• After-tax cash flow: $1,992/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: Toledo City
• NCES district ID: 3904490
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 24% ▼ -13.00%
• Median HH income: $32,137
• Composite: 15.76/100
• National rank: #9276
• State rank: #634 of 656 in OH

Livability — Toledo

• Score: 66/100
• State rank: #645
• US rank: #11442

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Toledo, OH
• County: Lucas County · 380,724 people
• City population: 280,811
• Metro: Toledo, OH
• Population (ZIP): 21,404
• Household income: $42,313
• Rent vs Own: 55.7% rent · 44.3% own
• Severe rent burden: 1603.0

Population outlook (Lucas County) Hauer SSP2

• Today (2025): 420,751 people
• By 2030: 410,187 · -2.5%
• By 2040: 384,019 · -8.7%
• By 2050: 355,125 · -15.6%
• By 2075: 291,683 · -30.7%
• By 2100: 233,670 · -44.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: White 47% Black 29% Hispanic / Latino 17% Two or more races 9%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Romanian 5% Lithuanian 2% Italian 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 92% English-only · Spanish 5% Arabic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Lucas

• 2024 margin: D (+12.6) · D 55.8% · R 43.2%
• 2008→2024 swing: -18.9pp toward R · 2008: 31.4pp · 2024: 12.6pp
• All cycles: 2024: D+12.6 2020: D+16.8 2016: D+17.4 2012: D+30.4 2008: D+31.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.75%
• Current HPI: 235.2515
• Rent YoY: ▲ 7.80%
• Metro: Toledo, OH
• 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

+32.7% since first listed

5 events — show timeline

• 2026-06-17 Coming Soon $92,900 NORIS
• 2023-02-07 Sold (Public Records) $70,000 Public Records
• 2023-01-25 Sold (MLS) $70,000 NORIS
• 2023-01-10 Pending — NORIS
• 2023-01-07 Listed $70,000 NORIS

Property tax history

+2.9%/yr

Latest (2025): $768 · +3.7% YoY. Source: county tax records.