1054 Scott St · Maumee, OH 43537

$110,000

3 bd · 1.0 ba · 1,032 sqft · SingleFamily public records · 21 Days on market

Built 1922 6,300 sqft lot $107/sqft · 42% below area Est $189k · 42% under

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Why this score? — see what drove the B+ 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
• Schools +5.6/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

ADORABLE HOME WITH UPDATED KITCHEN, FURNACE, H20 HEATER, ROOF LESS THAN 10 YRS, UPDATED ELECTRIC, NEWER CARPET IN LIV RM & DIN RM, FENCED YARD, GREAT FRONT PORCH. GAS & ELEC HOOK UP FOR STOVE & DRYER.WASHER AND DRYER INCLUDED, GREAT STARTER HOME.

Key facts

• 6,300 sq ft lot
• 2 garage spots
• Built 1922

Property features AI

Exterior

• Parking: Attached oversized garage with garage door opener; 2 garage spaces; Driveway parking; Total parking for 4 vehicles
• Utilities: Public water; Public sewer; Electricity connected (200+ amp service); Natural gas connected; Fiber available
• Home design: Single-family house; One story; Not attached to other structures; No common walls
• Construction: Vinyl siding; Shingle roof; Crawl space and slab foundation; Built in public-records year (source: public records)
• Exterior features: Deck; Corner lot

Interior

• Kitchen: Electric range; Microwave; Dishwasher; Refrigerator
• Bedrooms: Bedroom 2 on the main level; Bedroom 3 on the main level
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom and 1 half bathroom (1.5 total)
• Heating & cooling: Central heating (forced air); Central air conditioning
• Interior features: Six total rooms; Other interior features; Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
• Laundry & utility: Washer and dryer included; Laundry located on main level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $448 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $108k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.2% vs local median 2.8% in Maumee — 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 76/100 on livability (#221 in OH, #3,442 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A-; Watch: amenities F, commute F, health & safety F.
• Maumee City (suburban): math 65% / reading 67% proficiency, ranked #194 of 656 in OH (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Fort Miami Elementary School (math 62% / reading 42%, grade C-, #851 of 1,584 statewide, top 56%, 330 students, 30% FRL); Maumee High School (math 67% / reading 76%, grade B+, #98 of 781 statewide, top 13%, 648 students, 26% FRL) — zoned schools at 28% FRL track the district average.
• Market conditions: 113 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 415 units permitted in Lucas County in 2024 (122 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Lucas County population projected at -16% 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 $31k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 25y 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.

Risks & watch-outs

• Watch-outs: property tax is 3.2% of price; built in 1922 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $108,350 (1.5% below list)

Questions for the listing agent

1. Built in 1922 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-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: 1.57% ✓
• Cap rate: 11.18%
• Cash-on-cash: 17.44%
• DSCR: 1.78
• GRM: 5.3

CMA / ARV

• ARV (median comp): $189,357
• List price: $110,000
• Delta: -41.91%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1014 Hugo St	0.13mi	3/1.0	925 (-10%)	3mo	$183,000	$198	75
1313 Birch Ave	0.38mi	3/1.0	999 (-3%)	3mo	$247,000	$247	74
1371 Junior Dr	0.46mi	3/1.0	1,010 (-2%)	2mo	$206,000	$204	73
1033 Anderson Ave	0.18mi	3/2.0	925 (-10%)	3mo	$229,000	$248	68
3222 Escott Ave	0.59mi	3/1.0	1,111 (+8%)	1mo	$159,000	$143	59
716 Ransom St	0.64mi	2/1.0 (-1)	1,058 (+2%)	2mo	$180,000	$170	59
5022 Stengel Ave	0.56mi	3/1.0	960 (-7%)	6mo	$166,500	$173	58
715 Carew Ln	0.48mi	3/1.0	1,153 (+12%)	1mo	$200,000	$173	57
1419 7th St	0.49mi	3/1.5	1,170 (+13%)	2mo	$235,000	$201	51
1381 Junior Dr	0.44mi	3/2.0	912 (-12%)	6mo	$214,000	$235	51
3205 Penrose Ave	0.67mi	3/1.5	1,114 (+8%)	6mo	$149,900	$135	48
629 Pierce St	0.56mi	3/1.0	884 (-14%)	5mo	$210,000	$238	46

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: 8.9%
• Equity multiple: 1.35×
• Total profit: $10,812
• Equity at exit: $16,401

10-year hold

• IRR: 18.2%
• Equity multiple: 2.51×
• Total profit: $46,625
• Equity at exit: $9,511

Cash invested: $30,800 (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 43537

• Home prices YoY: -29.6%
• Active inventory: 113
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,725 high
• Mortgage (P&I): −$577
• Tax from tax record: −$292 /mo · $3,506/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $448

Break-even live

Break-even rent $1,158

Max offer price $110,000

Occupancy floor 69%

Sensitivity live

Price	-10% $510	-5% $479	+0% $448	+5% $417	+10% $385
Rent	-10% $311	-5% $380	+0% $448	+5% $516	+10% $584
Rate	-1.0pp $503	-0.5pp $476	base $448	+0.5pp $419	+1.0pp $390

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1106 Hugo St Maumee, OH	3.0	1.0	1006	$1,595	$1.59	44d	1	0.06mi
1027 Valley Side Dr Maumee, OH	2.0	1.5	1260	$1,495	$1.19	24d	1	0.36mi
1010 Valley Side Dr Unit 1010 Maumee, OH	2.0	1.5	1260	$1,395	$1.11	14d	1	0.39mi
3025 S Byrne Rd Unit 1 Toledo, OH	3.0	1.0	1064	$1,095	$1.03	21d	1	0.94mi
2647 Eastgate Rd Toledo, OH	1.0–2.0	1.0	722	$1,209	$1.67	24d	1	0.97mi
3165 Glanzman Rd Toledo, OH	1.0–2.0	1.0	658	$799	$1.21	44d	1	1.38mi

Listing history 30 events

1. 2026-04-29
   listed $110,000 Active 395-char remark
2. 2026-04-27
   historical
3. 2026-04-21
   price $140,000
4. 2026-04-15
   status Active
5. 2026-04-10
   historical Contingent
6. 2026-04-09
   price $169,000
7. 2026-04-06
   status Active
8. 2026-04-01
   historical Contingent
9. 2026-03-27
   listed $172,000 Active
10. 2026-03-12
    historical
11. 2025-10-14
    price $81,400

    Show marketing remark (258 chars)

    ADORABLE HOME WITH UPDATED KITCHEN, FURNACE, H20 HEATER, ROOF LESS THAN 10 YRS, UPDATED ELECTRIC, NEWER CARPET IN LIV RM & DIN RM, FENCED YARD, GREAT FRONT PORCH. GAS & ELEC HOOK UP FOR STOVE & DRYER.WASHER AND DRYER INCLUDED, GREAT STARTER HOME.

12. 2020-03-13
    soldstatus $132,000
13. 2020-03-09
    price $132,000
14. 2020-01-03
    listed $128,000
15. 2015-05-22
    soldstatus $112,000
16. 2015-05-18
    listed $112,000
17. 2015-05-15
    soldstatus $112,000
18. 2004-06-07
    soldstatus $96,800
19. 2004-06-05
    soldstatus $96,800
20. 2004-05-10
    price $96,800
21. 2004-05-10
    listed $95,000
22. 2002-04-12
    soldstatus $81,400
23. 2002-04-09
    soldstatus $81,400

    Show marketing remark (258 chars)

    ADORABLE HOME WITH UPDATED KITCHEN, FURNACE, H20 HEATER, ROOF LESS THAN 10 YRS, UPDATED ELECTRIC, NEWER CARPET IN LIV RM & DIN RM, FENCED YARD, GREAT FRONT PORCH. GAS & ELEC HOOK UP FOR STOVE & DRYER.WASHER AND DRYER INCLUDED, GREAT STARTER HOME.

24. 2001-10-24
    historical
25. 2001-10-23
    listed $85,000

    Show marketing remark (258 chars)

    ADORABLE HOME WITH UPDATED KITCHEN, FURNACE, H20 HEATER, ROOF LESS THAN 10 YRS, UPDATED ELECTRIC, NEWER CARPET IN LIV RM & DIN RM, FENCED YARD, GREAT FRONT PORCH. GAS & ELEC HOOK UP FOR STOVE & DRYER.WASHER AND DRYER INCLUDED, GREAT STARTER HOME.

26. 2001-07-26
    listed $89,900
27. 1997-10-07
    soldstatus $74,000
28. 1993-10-14
    soldstatus $48,500
29. 1990-01-18
    soldstatus $43,500
30. 1987-04-27
    soldstatus $33,840

ⓘ 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: $3,506 · $292/mo
• Projected year-2 tax: $3,506 · $292/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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥100°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: $20,697
• − Mortgage interest: −$6,162
• − Property taxes: −$3,506
• − Insurance: −$550
• − Repairs & maintenance: −$1,656
• − Management: −$1,656
• − Depreciation: −$3,200
• Taxable income: $3,968
• Est. tax owed @ 24.0%: −$952
• After-tax cash flow: $4,420/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: Maumee City
• NCES district ID: 3904436
• Math proficiency: 65% ▼ -10.00%
• Reading proficiency: 67% ▼ -7.00%
• Median HH income: $53,412
• Composite: 56.38/100
• National rank: #1162
• State rank: #194 of 656 in OH

Livability — Maumee

• Score: 76/100
• State rank: #221
• US rank: #3442

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Maumee, OH
• County: Lucas County · 380,724 people
• City population: 30,111
• Metro: Toledo, OH
• Population (ZIP): 30,111
• Household income: $82,752
• Rent vs Own: 31.4% rent · 68.6% own
• Severe rent burden: 592.0

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: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 6% Black 6% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 9% Lithuanian 4% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 2% Other Indo-European 1% German/W. Germanic 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: ▼ -85.67%
• Current HPI: 203.8449
• Rent YoY: —
• 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

+299.8% since first listed

32 events — show timeline

• 2026-06-05 Sold (MLS) $135,300 NORIS
• 2026-05-20 Pending — NORIS
• 2026-04-29 Listed $110,000 NORIS
• 2026-04-27 Listing Removed — NORIS
• 2026-04-21 Price Changed $140,000 NORIS
• 2026-04-15 Relisted — NORIS
• 2026-04-10 Contingent — NORIS
• 2026-04-09 Price Changed $169,000 NORIS
• 2026-04-06 Relisted — NORIS
• 2026-04-01 Contingent — NORIS
• 2026-03-27 Listed $172,000 NORIS
• 2026-03-12 Coming Soon — NORIS
• 2025-10-14 Price Changed $81,400 NORIS
• 2020-03-13 Sold (MLS) $132,000 NORIS
• 2020-03-09 Price Changed $132,000 NORIS
• 2020-01-03 Listed $128,000 NORIS
• 2015-05-22 Sold (MLS) $112,000 NORIS
• 2015-05-18 Listed $112,000 NORIS
• 2015-05-15 Sold (Public Records) $112,000 Public Records
• 2004-06-07 Sold (Public Records) $96,800 Public Records
• 2004-06-05 Sold (MLS) $96,800 NORIS
• 2004-05-10 Price Changed $96,800 NORIS
• 2004-05-10 Listed $95,000 NORIS
• 2002-04-12 Sold (Public Records) $81,400 Public Records
• 2002-04-09 Sold (MLS) $81,400 NORIS
• 2001-10-24 Listing Removed — NORIS
• 2001-10-23 Listed $85,000 NORIS
• 2001-07-26 Listed $89,900 NORIS
• 1997-10-07 Sold (Public Records) $74,000 Public Records
• 1993-10-14 Sold (Public Records) $48,500 Public Records
• 1990-01-18 Sold (Public Records) $43,500 Public Records
• 1987-04-27 Sold (Public Records) $33,840 Public Records

Property tax history

+6.2%/yr

Latest (2025): $3,506 · +2.1% YoY. Source: county tax records.