133 Coates Ct · North Lewisburg, OH 43060

$295,000

2 bd · 2.0 ba · 1,565 sqft · SingleFamily · 274 Days on market

Built 2008 Good condition 6,185 sqft lot $188/sqft · at area comps Est $296k · at est.

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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 +18.8/30.0
• ARV discount +7.7/15.0
• DSCR +5.9/10.0
• Schools +5.3/10.0
• 1% rule +5.0/10.0
• Condition / age +4.0/5.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Open design, 2B/2B brick Condo in Jackson's Landing, North Lewisburg, OH. including 1565 SF living space with vaulted great room. Freshly painted in neutral colors (2024), this former model home features round edge wall construction and plant ledges. The Country kitchen has a dinette plus breakfast bar with granite counter tops and stainless steel appliances, custom built pantry, and new garbage disposal (2025). Beautiful natural light sunroom (or office or 3rd bedroom) features double glass French doors. An Atrium door exits to the rear, extended cement patio. Gorgeous custom built, gas stone fireplace with remote is the highlight of the living area. Amazing, spacious, master suite with wa

Key facts

• Custom built pantry
• Vaulted great room
• Granite counter tops

Tags

• VAULTED GREAT ROOM
• GRANITE COUNTER TOPS
• STAINLESS STEEL APPLIANCES
• CUSTOM BUILT PANTRY
• NATURAL LIGHT SUNROOM
• DOUBLE GLASS FRENCH DOORS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $295k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $297 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $295k).
• Recommended offer: $260k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#672 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Triad Local (rural): math 61% / reading 61% proficiency, ranked #255 of 656 in OH (top 39%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Triad Elementary School (math 77% / reading 62%, grade A-, #391 of 1,584 statewide, top 27%, 308 students, 43% FRL); Triad Middle School (math 58% / reading 59%, grade B, #287 of 654 statewide, top 45%, 243 students, 42% FRL); Triad High School (math 47% / reading 62%, grade C-, #303 of 781 statewide, top 42%, 272 students, 36% FRL).
• Market conditions: 6 active listings in the ZIP; 42 units permitted in Champaign County in 2024 (0 in 5+ unit buildings).
• At $2,957/mo this rent would consume 57% of the median local household income ($62k/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.
• Champaign County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 274 days — a 12% lower offer ($260k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 19y 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 $122k; list at $295k implies a 141% gain — meaningful room to come down on a strong offer.

Recommended offer $259,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 274 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.00% ✓
• Cap rate: 7.50%
• Cash-on-cash: 4.32%
• DSCR: 1.19
• GRM: 8.3

CMA / ARV

• ARV (median comp): $296,391
• List price: $295,000
• Delta: -0.47%
• Verdict: FAIR
• Comps: 13 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
89 E Maple St	0.32mi	3/2.5 (+1)	1,541 (-2%)	3mo	$228,500	$148	73
328 Lincoln Pl	0.61mi	3/2.0 (+1)	1,472 (-6%)	5mo	$289,000	$196	53
125 Lincoln Pl	0.73mi	3/2.0 (+1)	1,500 (-4%)	2mo	$276,900	$185	52
106 S Sycamore St	0.41mi	3/2.0 (+1)	1,698 (+8%)	14mo	$280,000	$165	50
72 North St	0.68mi	3/1.0 (+1)	1,614 (+3%)	9mo	$225,000	$139	47
234 Lincoln Pl	0.63mi	3/2.0 (+1)	1,510 (-4%)	20mo	$289,900	$192	43
173 Lincoln Pl	0.69mi	3/2.0 (+1)	1,760 (+12%)	3mo	$335,000	$190	40
223 Winder St	0.71mi	3/2.0 (+1)	1,404 (-10%)	6mo	$206,000	$147	40
15 Weldon Ln	0.49mi	3/1.0 (+1)	1,404 (-10%)	15mo	$220,000	$157	39
88 North St	0.69mi	3/1.0 (+1)	1,384 (-12%)	23mo	$200,500	$145	20

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: -9.5%
• Equity multiple: 0.65×
• Total profit: $-28,832
• Equity at exit: $43,985

10-year hold

• IRR: -0.1%
• Equity multiple: 0.99×
• Total profit: $-555
• Equity at exit: $25,506

Cash invested: $82,600 (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 43060

• Home prices YoY: -19.3%
• Active inventory: 6
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,957 medium
• Mortgage (P&I): −$1,547
• Tax est. 1.5%: −$369 /mo · $4,425/yr
• Insurance: −$123
• HOA: −$0
• Vacancy / Maint / Mgmt: −$621
• Net cashflow: $297

Break-even live

Break-even rent $2,581

Max offer price $295,000

Occupancy floor 85%

Sensitivity live

Price	-10% $501	-5% $399	+0% $297	+5% $195	+10% $93
Rent	-10% $64	-5% $180	+0% $297	+5% $414	+10% $531
Rate	-1.0pp $446	-0.5pp $372	base $297	+0.5pp $221	+1.0pp $143

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: $73,750
• Closing costs: $8,850
• Reserves months: —
• Total cash needed: —

Listing history 34 events

1. 2026-06-21
   days on market $295,000 Active 274 DOM
2. 2026-06-18
   days on market $295,000 Active 271 DOM
3. 2026-06-17
   days on market $295,000 Active 270 DOM
4. 2026-06-16
   days on market $295,000 Active 269 DOM
5. 2026-06-15
   days on market $295,000 Active 268 DOM
6. 2026-06-13
   days on market $295,000 Active 266 DOM
7. 2026-06-13
   days on market $295,000 Active 265 DOM
8. 2026-06-09
   days on market $295,000 Active 262 DOM
9. 2026-06-08
   days on market $295,000 Active 261 DOM
10. 2026-06-07
    days on market $295,000 Active 260 DOM
11. 2026-06-05
    days on market $295,000 Active 257 DOM
12. 2026-06-03
    days on market $295,000 Active 256 DOM
13. 2026-06-02
    days on market $295,000 Active 255 DOM
14. 2026-06-01
    days on market $295,000 Active 254 DOM
15. 2026-05-31
    days on market $295,000 Active 253 DOM
16. 2026-02-01
    historical
17. 2026-01-31
    historical
18. 2025-10-16
    listed $295,000 Active
19. 2025-10-16
    listed $295,000 Active
20. 2025-09-20
    listed $295,000 Active
21. 2025-06-25
    historical $1,500
22. 2025-06-12
    listed $1,500
23. 2012-08-07
    soldstatus $122,500
24. 2011-12-29
    historical
25. 2011-07-29
    listed $129,900
26. 2011-05-28
    historical
27. 2009-02-07
    listed $129,900
28. 2009-02-06
    listed $129,900
29. 2009-01-30
    historical
30. 2008-10-10
    historical
31. 2008-07-29
    historical
32. 2008-07-29
    listed $129,900
33. 2008-04-10
    listed $134,900
34. 2007-09-10
    listed $134,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥100°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,481
• − Mortgage interest: −$16,525
• − Property taxes: −$4,425
• − Insurance: −$1,475
• − Repairs & maintenance: −$2,838
• − Management: −$2,838
• − Depreciation: −$8,582
• Taxable loss: −$1,202
• Est. tax savings @ 24.0%: +$289
• After-tax cash flow: $3,854/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This home is in good condition with a good condition score of 80. It has a good kitchen, bathrooms, and exterior. The home is move-in ready with minor cosmetic updates that would increase its resale and rental value.

Value-add opportunities

• Both Painting the exterior brick and updating landscaping — Enhances curb appeal and resale value.
• Resale Updating the kitchen backsplash — Improves the kitchen's aesthetic and functionality.
• Resale Upgrading the flooring in the bathrooms — Enhances the overall aesthetic and functionality of the bathrooms.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior brick and updating landscaping — Enhances curb appeal and resale value. ↑
• Resale Updating the kitchen backsplash — Improves the kitchen's aesthetic and functionality. ↑
• Resale Upgrading the flooring in the bathrooms — Enhances the overall aesthetic and functionality of the bathrooms. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Triad Local
• NCES district ID: 3904620
• Math proficiency: 61% ▼ -9.00%
• Reading proficiency: 61% ▼ -5.00%
• Median HH income: $60,419
• Composite: 52.91/100
• National rank: #1531
• State rank: #255 of 656 in OH

Livability — North Lewisburg

• Score: 66/100
• State rank: #672
• US rank: #11848

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Lewisburg, OH
• County: Champaign · 37,359 people
• Population (ZIP): 2,385
• Household income: $61,776
• Rent vs Own: 29.0% rent · 71.0% own
• Severe rent burden: 5.0

Population outlook (Champaign County) Hauer SSP2

• Today (2025): 36,480 people
• By 2030: 34,790 · -4.6%
• By 2040: 31,082 · -14.8%
• By 2050: 27,217 · -25.4%
• By 2075: 19,156 · -47.5%
• By 2100: 12,690 · -65.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 3%
• Common ancestry: Lithuanian 4% Italian 4% Serbian 3%
• Foreign-born: 1% · Canada

Political lean MEDSL · Champaign

• 2024 margin: Solid R (+50.8) · D 24.1% · R 74.9%
• 2008→2024 swing: -30.9pp toward R · 2008: -19.9pp · 2024: -50.8pp
• All cycles: 2024: R+50.8 2020: R+47.7 2016: R+44.5 2012: R+20.1 2008: R+19.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.71%
• Current HPI: 266.8896
• 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

+118.7% since first listed

19 events — show timeline

• 2026-02-01 Listing Removed — CBRMLS
• 2026-01-31 Listing Removed — Dayton MLS
• 2025-10-16 Listed $295,000 Dayton MLS
• 2025-10-16 Listed $295,000 CBRMLS
• 2025-09-20 Listed $295,000 ForSaleByOwner.com
• 2025-06-25 Rental Removed $1,500 Avail
• 2025-06-12 Listed for Rent $1,500 Avail
• 2012-08-07 Sold (MLS) $122,500 CBRMLS
• 2011-12-29 Listing Removed — WRIST
• 2011-07-29 Listed $129,900 WRIST
• 2011-05-28 Listing Removed — WRIST
• 2009-02-07 Listed $129,900 WRIST
• 2009-02-06 Listed $129,900 CBRMLS
• 2009-01-30 Listing Removed — CBRMLS
• 2008-10-10 Listing Removed — WRIST
• 2008-07-29 Listed $129,900 CBRMLS
• 2008-07-29 Listing Removed — CBRMLS
• 2008-04-10 Listed $134,900 WRIST
• 2007-09-10 Listed $134,900 CBRMLS