219 W College St · Scio, OH 43988

$69,900

3 bd · 2.0 ba · 1,556 sqft · SingleFamily public records · 83 Days on market

Built 1955 8,276 sqft lot $45/sqft · 30% below area Est $100k · 30% under

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Why this score? — see what drove the A- 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +7.0/10.0
• Schools +3.6/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Very large ranch style home with attached garage. Home has plenty of potential! Home features an extremely large family room with wood burner and vaulted ceilings. 2 main floor bedrooms and 2 large full bathrooms on main as well. Home has a living room for greeting guests and a large eat-in kitchen. There are 2 laundry areas- one on main floor and one below. Below has potential. There is an attached garage and a finished work out area- could be 3rd bedroom- plus another laundry. Come see it today before it sells!

Key facts

• 8,276 sq ft lot
• Garage
• Built 1955

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $463 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $66k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#904 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute F.
• Harrison Hills City (rural): math 35% / reading 51% proficiency, ranked #522 of 656 in OH (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 11 active listings in the ZIP; 1 units permitted in Harrison County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($483 loan paydown + $3k appreciation (4.0% local appreciation)).
• Harrison County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $35k; list at $70k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $65,706 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.74% ✓
• Cap rate: 14.24%
• Cash-on-cash: 28.38%
• DSCR: 2.26
• GRM: 4.8

CMA / ARV

• ARV (median comp): $99,963
• List price: $69,900
• Delta: -30.07%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
311 S Eastport St	0.06mi	3/1.5	1,682 (+8%)	18mo	$40,000	$24	67
110 E Elm St	0.21mi	2/2.0 (-1)	1,760 (+13%)	14mo	$13,000	$7	52
38730 Bower Rd	0.62mi	4/1.0 (+1)	1,440 (-8%)	4mo	$98,900	$69	46
110 Maple St	0.37mi	3/1.0	1,408 (-10%)	20mo	$100,000	$71	46

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

Projected returns pro-forma

3.98% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 36.0%
• Equity multiple: 3.13×
• Total profit: $41,610
• Equity at exit: $35,341

10-year hold

• IRR: 35.2%
• Equity multiple: 6.24×
• Total profit: $102,499
• Equity at exit: $57,723

Cash invested: $19,572 (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 43988

• Home prices YoY: 1.5%
• Active inventory: 11
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,218 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$104 /mo · $1,245/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $463

Break-even live

Break-even rent $632

Max offer price $69,900

Occupancy floor 57%

Sensitivity live

Price	-10% $503	-5% $483	+0% $463	+5% $443	+10% $423
Rent	-10% $367	-5% $415	+0% $463	+5% $511	+10% $559
Rate	-1.0pp $498	-0.5pp $481	base $463	+0.5pp $445	+1.0pp $426

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-18
   days on market $69,900 Active 83 DOM
2. 2026-06-17
   days on market $69,900 Active 82 DOM
3. 2026-06-16
   days on market $69,900 Active 81 DOM
4. 2026-06-15
   days on market $69,900 Active 80 DOM
5. 2026-06-13
   days on market $69,900 Active 78 DOM
6. 2026-06-12
   days on market $69,900 Active 77 DOM
7. 2026-06-09
   days on market $69,900 Active 74 DOM
8. 2026-06-08
   days on market $69,900 Active 73 DOM
9. 2026-06-08
   days on market $69,900 Active 72 DOM
10. 2026-06-07
    days on market $69,900 Active 71 DOM
11. 2026-06-04
    days on market $69,900 Active 68 DOM
12. 2026-06-02
    days on market $69,900 Active 67 DOM
13. 2026-06-01
    days on market $69,900 Active 66 DOM
14. 2026-05-31
    days on market $69,900 Active 65 DOM
15. 2026-05-06
    price $69,900 518-char remark

    Show marketing remark (518 chars)

    Very large ranch style home with attached garage. Home has plenty of potential! Home features an extremely large family room with wood burner and vaulted ceilings. 2 main floor bedrooms and 2 large full bathrooms on main as well. Home has a living room for greeting guests and a large eat-in kitchen. There are 2 laundry areas- one on main floor and one below. Below has potential. There is an attached garage and a finished work out area- could be 3rd bedroom- plus another laundry. Come see it today before it sells!

16. 2026-03-27
    listed $79,900 Active 518-char remark

    Show marketing remark (518 chars)

    Very large ranch style home with attached garage. Home has plenty of potential! Home features an extremely large family room with wood burner and vaulted ceilings. 2 main floor bedrooms and 2 large full bathrooms on main as well. Home has a living room for greeting guests and a large eat-in kitchen. There are 2 laundry areas- one on main floor and one below. Below has potential. There is an attached garage and a finished work out area- could be 3rd bedroom- plus another laundry. Come see it today before it sells!

17. 1996-09-11
    soldstatus $35,000

ⓘ 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: $1,245 · $104/mo
• Projected year-2 tax: $1,245 · $104/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,619
• − Mortgage interest: −$3,915
• − Property taxes: −$1,245
• − Insurance: −$350
• − Repairs & maintenance: −$1,169
• − Management: −$1,169
• − Depreciation: −$2,033
• Taxable income: $4,736
• Est. tax owed @ 24.0%: −$1,137
• After-tax cash flow: $4,419/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: Harrison Hills City
• NCES district ID: 3904524
• Math proficiency: 35% ▼ -24.00%
• Reading proficiency: 51% ▼ -12.00%
• Median HH income: $39,642
• Composite: 35.93/100
• National rank: #4803
• State rank: #522 of 656 in OH

Livability — Scio

• Score: 62/100
• State rank: #904
• US rank: #17083

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Scio, OH
• County: Harrison · 13,333 people
• Population (ZIP): 2,364
• Household income: $62,589
• Rent vs Own: 22.7% rent · 77.3% own
• Severe rent burden: 1.6

Population outlook (Harrison County) Hauer SSP2

• Today (2025): 14,537 people
• By 2030: 13,961 · -4.0%
• By 2040: 12,753 · -12.3%
• By 2050: 11,607 · -20.2%
• By 2075: 9,299 · -36.0%
• By 2100: 7,447 · -48.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Iranian 5% Slovak 2% Lithuanian 2%
• Foreign-born: 1%
• Languages at home: 82% English-only · German/W. Germanic 18%

Political lean MEDSL · Harrison

• 2024 margin: Solid R (+55.2) · D 21.9% · R 77.1%
• 2008→2024 swing: -52.8pp toward R · 2008: -2.4pp · 2024: -55.2pp
• All cycles: 2024: R+55.2 2020: R+52.6 2016: R+48.3 2012: R+14.9 2008: R+2.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.98%
• Current HPI: 269.4702
• 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

+99.7% since first listed

3 events — show timeline

• 2026-05-06 Price Changed $69,900 MLSNOW
• 2026-03-27 Listed $79,900 MLSNOW
• 1996-09-11 Sold (Public Records) $35,000 Public Records

Property tax history

+5.3%/yr

Latest (2025): $1,245 · +0.1% YoY. Source: county tax records.