703 9th St · Marietta, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 4/10 · Minor
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +28.0/30.0
- DSCR +10.0/10.0
- 1% rule +6.7/10.0
- Livability +4.0/5.0
- ARV discount +3.5/15.0
- Schools +3.5/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$125,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Update: due to hailstorm seller has replaced kitchen roof with new rubber roof and replaced siding on the back side of the house with new vinyl siding Set in the heart of Marietta, 703 9th Street offers something increasingly hard to find: a recently renovated home at a truly affordable price. This 2-bedroom, 1-bath property is listed at $130,000 and presents an excellent opportunity for both owner-occupants and investors. Inside, the home has been thoughtfully updated with a fully renovated kitchen, new windows throughout, new flooring, and new ceiling fans, creating a clean, modern feel while maintaining a practical layout. All appliances remain, allowing for an easy move-in or rental setup. Behind the scenes, major upgrades include all-new plumbing and water lines and a new 200-amp electrical service, adding long-term value and reliability. The dining room was reconfigured to expand the living space, improving flow and functionality. Step outside to a spacious back deck with new decking and railings, overlooking a fully fenced backyard that is modest in size yet highly usable. A rear parking pad provides additional off-street parking, a valuable feature in this central location. Conveniently located near shopping, dining, and everyday amenities, this home stands out as a move-in-ready residence or a smart investment property in an area with consistent demand.
Key facts
- New ceiling fans
- All new plumbing
- New flooring
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $125k.
Deal economics
- At list price, monthly cash flow is $390 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $125k).
- Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.0% vs local median 6.3% in Marietta — 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 80/100 on livability (#127 in OH, #1,845 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute F, employment D-.
- Marietta City (town): math 35% / reading 49% proficiency, ranked #534 of 656 in OH (top 81%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 118 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 3 units permitted in Washington County in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Washington County population projected at -12% 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 $35k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 151 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 21y 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 $40k; list at $125k implies a 212% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1885 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 151 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1885 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-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?
- 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.
- 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.
- 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
- 1.17% ✓
- Cap rate
- 10.04%
- Cash-on-cash
- 13.38%
- DSCR
- 1.60
- GRM
- 7.1
CMA / ARV
- ARV (median comp)
- $114,810
- List price
- $125,000
- Delta
- 8.88%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 702 E Montgomery St | 0.18mi | 2/1.0 | 888 (-3%) | 13mo | $118,450 | $133 | 76 |
| 1120 Cisler Dr | 0.23mi | 2/1.0 | 864 (-5%) | 11mo | $85,000 | $98 | 71 |
| 617 10th St | 0.12mi | 2/1.0 | 1,024 (+12%) | 15mo | $147,500 | $144 | 62 |
| 630 Cisler Dr | 0.18mi | 2/1.0 | 806 (-12%) | 15mo | $78,900 | $98 | 60 |
| 101 Montgomery St | 0.71mi | 2/1.5 | 896 (-2%) | 6mo | $120,000 | $134 | 56 |
| 311 Marion St | 0.55mi | 3/1.0 (+1) | 935 (+2%) | 17mo | $125,000 | $134 | 51 |
| 902 4th Street St | 0.51mi | 2/1.0 | 1,024 (+12%) | 24mo | $30,000 | $29 | 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
- IRR
- 3.4%
- Equity multiple
- 1.13×
- Total profit
- $4,562
- Equity at exit
- $18,638
- IRR
- 12.9%
- Equity multiple
- 2.02×
- Total profit
- $35,819
- Equity at exit
- $10,808
Cash invested: $35,000 (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
ZIP-level market 45750
- Home prices YoY
- -32.4%
- Active inventory
- 118
- Price-to-rent
- 7.1×
Monthly cashflow live
- Estimated rent
- $1,460 medium interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax from tax record
- −$56 /mo · $666/yr
- Insurance
- −$52
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$307
- Net cashflow
- $390
Break-even live
Sensitivity live
| Price | -10% $461 | -5% $426 | +0% $390 | +5% $355 | +10% $320 |
|---|---|---|---|---|---|
| Rent | -10% $275 | -5% $333 | +0% $390 | +5% $448 | +10% $506 |
| Rate | -1.0pp $453 | -0.5pp $422 | base $390 | +0.5pp $358 | +1.0pp $325 |
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
- $31,250
- Closing costs
- $3,750
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 628 2nd St Unit Downstairs Marietta, OH | 1.0 | 1.0 | 1024 | $1,600 | $1.56 | 44d | 1 | 0.60mi |
| 108 Putnam St Unit A Marietta, OH | 1.0 | 1.0 | 1100 | $1,499 | $1.36 | 44d | 1 | 1.00mi |
Listing history 29 events
-
2026-06-19days on market $125,000 Active 151 DOM
-
2026-06-18days on market $125,000 Active 150 DOM
-
2026-06-17days on market $125,000 Active 149 DOM
-
2026-06-16days on market $125,000 Active 148 DOM
-
2026-06-15days on market $125,000 Active 147 DOM
-
2026-06-14days on market $125,000 Active 145 DOM
-
2026-06-12days on market $125,000 Active 144 DOM
-
2026-06-09days on market $125,000 Active 141 DOM
-
2026-06-08days on market $125,000 Active 140 DOM
-
2026-06-07days on market $125,000 Active 139 DOM
-
2026-06-07days on market $125,000 Active 138 DOM
-
2026-06-03days on market $125,000 Active 135 DOM
-
2026-06-02days on market $125,000 Active 134 DOM
-
2026-06-01days on market $125,000 Active 133 DOM
-
2026-05-31days on market $125,000 Active 132 DOM
-
2026-05-30days on market $125,000 Active 131 DOM
-
2026-05-05price $125,000 1388-char remark
Show marketing remark (1388 chars)
Update: due to hailstorm seller has replaced kitchen roof with new rubber roof and replaced siding on the back side of the house with new vinyl siding Set in the heart of Marietta, 703 9th Street offers something increasingly hard to find: a recently renovated home at a truly affordable price. This 2-bedroom, 1-bath property is listed at $130,000 and presents an excellent opportunity for both owner-occupants and investors. Inside, the home has been thoughtfully updated with a fully renovated kitchen, new windows throughout, new flooring, and new ceiling fans, creating a clean, modern feel while maintaining a practical layout. All appliances remain, allowing for an easy move-in or rental setup. Behind the scenes, major upgrades include all-new plumbing and water lines and a new 200-amp electrical service, adding long-term value and reliability. The dining room was reconfigured to expand the living space, improving flow and functionality. Step outside to a spacious back deck with new decking and railings, overlooking a fully fenced backyard that is modest in size yet highly usable. A rear parking pad provides additional off-street parking, a valuable feature in this central location. Conveniently located near shopping, dining, and everyday amenities, this home stands out as a move-in-ready residence or a smart investment property in an area with consistent demand.
-
2026-01-19$130,000 Active 1388-char remark
Show marketing remark (1388 chars)
Update: due to hailstorm seller has replaced kitchen roof with new rubber roof and replaced siding on the back side of the house with new vinyl siding Set in the heart of Marietta, 703 9th Street offers something increasingly hard to find: a recently renovated home at a truly affordable price. This 2-bedroom, 1-bath property is listed at $130,000 and presents an excellent opportunity for both owner-occupants and investors. Inside, the home has been thoughtfully updated with a fully renovated kitchen, new windows throughout, new flooring, and new ceiling fans, creating a clean, modern feel while maintaining a practical layout. All appliances remain, allowing for an easy move-in or rental setup. Behind the scenes, major upgrades include all-new plumbing and water lines and a new 200-amp electrical service, adding long-term value and reliability. The dining room was reconfigured to expand the living space, improving flow and functionality. Step outside to a spacious back deck with new decking and railings, overlooking a fully fenced backyard that is modest in size yet highly usable. A rear parking pad provides additional off-street parking, a valuable feature in this central location. Conveniently located near shopping, dining, and everyday amenities, this home stands out as a move-in-ready residence or a smart investment property in an area with consistent demand.
-
2024-05-16soldstatus $40,000
-
2024-05-10soldstatus $40,000 Closed 142-char remark
Show marketing remark (142 chars)
Good investment or first time buyer home. Oak kitchen, within walking distance to amenities. Home is clean and has new carpets and appliances.
-
2023-12-02status Pending 142-char remark
Show marketing remark (142 chars)
Good investment or first time buyer home. Oak kitchen, within walking distance to amenities. Home is clean and has new carpets and appliances.
-
2023-12-02historical 142-char remark
Show marketing remark (142 chars)
Good investment or first time buyer home. Oak kitchen, within walking distance to amenities. Home is clean and has new carpets and appliances.
-
2023-11-21status Active 142-char remark
Show marketing remark (142 chars)
Good investment or first time buyer home. Oak kitchen, within walking distance to amenities. Home is clean and has new carpets and appliances.
-
2023-10-30historical Contingent 142-char remark
Show marketing remark (142 chars)
Good investment or first time buyer home. Oak kitchen, within walking distance to amenities. Home is clean and has new carpets and appliances.
-
2023-08-13$43,500 Active 142-char remark
Show marketing remark (142 chars)
Good investment or first time buyer home. Oak kitchen, within walking distance to amenities. Home is clean and has new carpets and appliances.
-
2006-06-30historical
-
2005-10-26$98,000
-
1996-02-16soldstatus $32,000
-
1990-10-04soldstatus $6,000
ⓘ 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
- $666 · $56/mo
- Projected year-2 tax
- $1,308 · $109/mo
- Expected delta
- +$642/yr (+$53/mo · 96.3%)
ⓘ 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 4/10 Moderate 7 d/yr ≥101°F today · 18 d/yr by 30 yrs out
- Wind 1/10 Low 100% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,520
- − Mortgage interest
- −$7,002
- − Property taxes
- −$666
- − Insurance
- −$625
- − Repairs & maintenance
- −$1,402
- − Management
- −$1,402
- − Depreciation
- −$3,636
- Taxable income
- $2,787
- Est. tax owed @ 24.0%
- −$669
- After-tax cash flow
- $4,014/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
- Marietta City
- NCES district ID
- 3910019
- Math proficiency
- 35% ▼ -20.00%
- Reading proficiency
- 49% ▼ -12.00%
- Median HH income
- $39,366
- Composite
- 35.08/100
- National rank
- #5025
- State rank
- #534 of 656 in OH
Livability — Marietta
- Score
- 80/100
- State rank
- #127
- US rank
- #1845
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Marietta, OH
- County
- Washington County · 26,420 people
- City population
- 26,420
- Metro
- Marietta, OH
- Population (ZIP)
- 26,420
- Household income
- $60,229
- Rent vs Own
- Severe rent burden
- 727.0
Population outlook (Washington County) Hauer SSP2
- Today (2025)
- 59,640 people
- By 2030
- 58,315 · -2.2%
- By 2040
- 55,186 · -7.5%
- By 2050
- 52,246 · -12.4%
- By 2075
- 45,893 · -23.0%
- By 2100
- 38,128 · -36.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (94%)
- Race & ethnicity
- White 94% Two or more races 2% Asian 1% Black 1% Hispanic / Latino 1%
- Common ancestry
- Italian 2% Slovak 2% Romanian 2%
- Foreign-born
- 2% · Canada
- Languages at home
- 97% English-only · Tagalog/Filipino 1% Other Indo-European 1%
Political lean MEDSL · Washington
- 2024 margin
- Solid R (+43.8) · D 27.7% · R 71.5%
- 2008→2024 swing
- +40.2pp toward D · 2008: -83.9pp · 2024: -43.8pp
- All cycles
- 2024: R+43.8 2020: R+40.8 2016: R+41.6 2012: R+19.4 2008: R+83.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -95.06%
- Current HPI
- 198.6235
- Rent YoY
- —
- Metro
- Marietta, 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 |
|
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Price history
+1983.3% since first listed13 events — show timeline
- 2026-05-05 Price Changed $125,000 MLSNOW
- 2026-01-19 Listed $130,000 MLSNOW
- 2024-05-16 Sold (Public Records) $40,000 Public Records
- 2024-05-10 Sold (MLS) $40,000 MLSNOW
- 2023-12-02 Pending — MLSNOW
- 2023-12-02 Listing Removed — MLSNOW
- 2023-11-21 Relisted — MLSNOW
- 2023-10-30 Contingent — MLSNOW
- 2023-08-13 Listed $43,500 MLSNOW
- 2006-06-30 Listing Removed — MLSNOW
- 2005-10-26 Listed $98,000 MLSNOW
- 1996-02-16 Sold (Public Records) $32,000 Public Records
- 1990-10-04 Sold (Public Records) $6,000 Public Records
Property tax history
+2.9%/yrLatest (2025): $666 · +24.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…