6909 Ohio 66 #2 · Stryker, OH 43512

$29,900

2 bd · 1.5 ba · 1,120 sqft · Manufactured · 59 Days on market

Built 2004 Fair condition ↓ 8% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.6/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

AFFORDABLE 2 BEDROOM 1.5 BATH HOME. VERY OPEN FLOOR PLAN. KITCHEN COMES WITH STOVE AND REFRIGERATOR. NICE PRIMARY BEDROOM SUITE WITH FULL BATH. ALL BUYERS MUST BE APPROVED WITH PARK MANAGER AND FILL OUT PAPERWORK. SET YOUR APPOINTMENT UP TODAY.

Key facts

• 2 parking spots
• Built 2004
• Listed 58 days

Property features AI

Exterior

• Parking: Off-street parking for 2 vehicles
• Security: Other security features
• Utilities: Electricity connected (circuit breakers); Natural gas connected; Public water; Public sewer
• Home design: Residential mobile home; Single-story (one level)
• Construction: Vinyl siding; Slab foundation; Mobile home (Make: HOLLY PARK, Model: HLPK, approx. 70 x 16)
• Exterior features: Shingle roof; Shed(s)

Interior

• Kitchen: Gas oven; Refrigerator
• Bedrooms: Primary bedroom on the main level (approx. 10 x 12); Second bedroom on the main level (approx. 8 x 9)
• Flooring: Vinyl flooring
• Bathrooms: 1 full bathroom; 1 half bathroom (1.5 total)
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: 5 total rooms; Other interior features
• Laundry & utility: Laundry on the main level

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath manufactured listed at $30k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $517 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($915 rent vs $30k).
• Recommended offer: $29k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#361 in OH) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, cost of living A+; Watch: amenities F, commute F, health & safety F.
• Northeastern Local (rural): math 62% / reading 67% proficiency, ranked #200 of 656 in OH (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 135 active listings in the ZIP; 41 units permitted in Defiance County in 2024 (0 in 5+ unit buildings).
• This rent is only 15% of the median local income ($72k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $207 of loan paydown is wiped out by about $897 of value loss. Plan a longer hold.
• Defiance 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 $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($29k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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.

Recommended offer $29,003 (3.0% below list)

Questions for the listing agent

1. It's been on market 59 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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: 3.06% ✓
• Cap rate: 27.02%
• Cash-on-cash: 74.03%
• DSCR: 4.29
• GRM: 2.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 73.8%
• Equity multiple: 4.35×
• Total profit: $28,065
• Equity at exit: $4,458

10-year hold

• IRR: 77.6%
• Equity multiple: 8.99×
• Total profit: $66,854
• Equity at exit: $2,585

Cash invested: $8,372 (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 43512

• Home prices YoY: -24.3%
• Active inventory: 135
• Price-to-rent: 2.7×

Monthly cashflow live

• Estimated rent: $915 medium
• Mortgage (P&I): −$157
• Tax est. 1.5%: −$37 /mo · $448/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$192
• Net cashflow: $517

Break-even live

Break-even rent $262

Max offer price $29,900

Occupancy floor 39%

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: $7,475
• Closing costs: $897
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-19
   days on market $29,900 Active 59 DOM
2. 2026-06-18
   days on market $29,900 Active 58 DOM
3. 2026-06-17
   days on market $29,900 Active 57 DOM
4. 2026-06-16
   days on market $29,900 Active 56 DOM
5. 2026-06-15
   days on market $29,900 Active 55 DOM
6. 2026-06-14
   days on market $29,900 Active 53 DOM
7. 2026-06-12
   days on market $29,900 Active 52 DOM
8. 2026-06-09
   days on market $29,900 Active 49 DOM
9. 2026-06-08
   days on market $29,900 Active 48 DOM
10. 2026-06-07
    days on market $29,900 Active 47 DOM
11. 2026-06-05
    days on market $29,900 Active 44 DOM
12. 2026-06-03
    days on market $29,900 Active 43 DOM
13. 2026-06-02
    days on market $29,900 Active 42 DOM
14. 2026-06-01
    days on market $29,900 Active 41 DOM
15. 2026-05-31
    days on market $29,900 Active 40 DOM
16. 2026-05-30
    days on market $29,900 Active 39 DOM
17. 2026-04-21
    listed $29,900 Active
18. 2026-04-17
    soldstatus $27,000 Closed 249-char remark

    Show marketing remark (249 chars)

    AFFORDABLE 2 BEDROOM 1.5 BATH HOME. VERY OPEN FLOOR PLAN. KITCHEN COMES WITH STOVE AND REFRIGERATOR. NICE PRIMARY BEDROOM SUITE WITH FULL BATH. ALL BUYERS MUST BE APPROVED WITH PARK MANAGER AND FILL OUT PAPERWORK. SET YOUR APPOINTMENT UP TODAY.

19. 2026-04-10
    status Pending 249-char remark

    Show marketing remark (249 chars)

    AFFORDABLE 2 BEDROOM 1.5 BATH HOME. VERY OPEN FLOOR PLAN. KITCHEN COMES WITH STOVE AND REFRIGERATOR. NICE PRIMARY BEDROOM SUITE WITH FULL BATH. ALL BUYERS MUST BE APPROVED WITH PARK MANAGER AND FILL OUT PAPERWORK. SET YOUR APPOINTMENT UP TODAY.

20. 2026-03-27
    price $27,500 249-char remark

    Show marketing remark (249 chars)

    AFFORDABLE 2 BEDROOM 1.5 BATH HOME. VERY OPEN FLOOR PLAN. KITCHEN COMES WITH STOVE AND REFRIGERATOR. NICE PRIMARY BEDROOM SUITE WITH FULL BATH. ALL BUYERS MUST BE APPROVED WITH PARK MANAGER AND FILL OUT PAPERWORK. SET YOUR APPOINTMENT UP TODAY.

21. 2025-11-12
    price $29,900 249-char remark

    Show marketing remark (249 chars)

    AFFORDABLE 2 BEDROOM 1.5 BATH HOME. VERY OPEN FLOOR PLAN. KITCHEN COMES WITH STOVE AND REFRIGERATOR. NICE PRIMARY BEDROOM SUITE WITH FULL BATH. ALL BUYERS MUST BE APPROVED WITH PARK MANAGER AND FILL OUT PAPERWORK. SET YOUR APPOINTMENT UP TODAY.

22. 2025-11-12
    status Active 249-char remark

    Show marketing remark (249 chars)

    AFFORDABLE 2 BEDROOM 1.5 BATH HOME. VERY OPEN FLOOR PLAN. KITCHEN COMES WITH STOVE AND REFRIGERATOR. NICE PRIMARY BEDROOM SUITE WITH FULL BATH. ALL BUYERS MUST BE APPROVED WITH PARK MANAGER AND FILL OUT PAPERWORK. SET YOUR APPOINTMENT UP TODAY.

23. 2025-11-07
    status Pending 249-char remark

    Show marketing remark (249 chars)

    AFFORDABLE 2 BEDROOM 1.5 BATH HOME. VERY OPEN FLOOR PLAN. KITCHEN COMES WITH STOVE AND REFRIGERATOR. NICE PRIMARY BEDROOM SUITE WITH FULL BATH. ALL BUYERS MUST BE APPROVED WITH PARK MANAGER AND FILL OUT PAPERWORK. SET YOUR APPOINTMENT UP TODAY.

24. 2025-10-21
    listed $32,500 Active 249-char remark

    Show marketing remark (249 chars)

    AFFORDABLE 2 BEDROOM 1.5 BATH HOME. VERY OPEN FLOOR PLAN. KITCHEN COMES WITH STOVE AND REFRIGERATOR. NICE PRIMARY BEDROOM SUITE WITH FULL BATH. ALL BUYERS MUST BE APPROVED WITH PARK MANAGER AND FILL OUT PAPERWORK. SET YOUR APPOINTMENT UP TODAY.

ⓘ 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 ≥99°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: $10,984
• − Mortgage interest: −$1,675
• − Property taxes: −$448
• − Insurance: −$150
• − Repairs & maintenance: −$879
• − Management: −$879
• − Depreciation: −$870
• Taxable income: $6,084
• Est. tax owed @ 24.0%: −$1,460
• After-tax cash flow: $4,738/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

Fair 45/100 Moderate rehab

The home is in fair condition with moderate repairs needed, primarily in the kitchen and bathroom. Updates to paint, flooring, and fixtures would significantly enhance its value.

Repairs flagged

• Minor kitchen cabinets — slight wear
• Minor bathroom fixtures — standard, could be updated
• Minor landscaping — simple landscaping

Value-add opportunities

• Both paint interior walls — enhances curb appeal and interior aesthetics
• Both replace carpet with hardwood — improves both resale and rental value
• Both update kitchen cabinets — modernizes the space and adds value
• Both update bathroom fixtures — modernizes the space and adds value

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · slight wear	Minor	$500–3,000
bathroom fixtures · standard, could be updated	Minor	$500–3,000
landscaping · simple landscaping	Minor	$500–3,000
Total estimated repair cost · 3 items		$1,500–9,000

Value-add ROI direction

• Both paint interior walls — enhances curb appeal and interior aesthetics ↑
• Both replace carpet with hardwood — improves both resale and rental value ↑
• Both update kitchen cabinets — modernizes the space and adds value ↑
• Both update bathroom fixtures — modernizes the space and adds value ↑

ⓘ 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: Northeastern Local
• NCES district ID: 3904672
• Math proficiency: 62% ▼ -16.00%
• Reading proficiency: 67% ▼ -6.00%
• Median HH income: $60,761
• Composite: 55.82/100
• National rank: #1207
• State rank: #200 of 656 in OH

Livability — Stryker

• Score: 72/100
• State rank: #361
• US rank: #5865

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Defiance · 37,898 people
• Population (ZIP): 27,894
• Household income: $72,082
• Rent vs Own: 23.2% rent · 76.8% own
• Severe rent burden: 7.6

Population outlook (Defiance County) Hauer SSP2

• Today (2025): 37,051 people
• By 2030: 36,013 · -2.8%
• By 2040: 33,583 · -9.4%
• By 2050: 31,309 · -15.5%
• By 2075: 26,980 · -27.2%
• By 2100: 23,416 · -36.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 12% Two or more races 7% Black 2%
• Hispanic origin (detail): Mexican 10% Puerto Rican 1%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 1%
• Foreign-born: 1% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Defiance

• 2024 margin: Solid R (+39.9) · D 29.6% · R 69.5%
• 2008→2024 swing: -29.4pp toward R · 2008: -10.5pp · 2024: -39.9pp
• All cycles: 2024: R+39.9 2020: R+36.4 2016: R+34.8 2012: R+14.1 2008: R+10.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -67.33%
• Current HPI: 210.2352
• 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

-8.0% since first listed

8 events — show timeline

• 2026-04-21 Listed $29,900 NORIS
• 2026-04-17 Sold (MLS) $27,000 NORIS
• 2026-04-10 Pending — NORIS
• 2026-03-27 Price Changed $27,500 NORIS
• 2025-11-12 Price Changed $29,900 NORIS
• 2025-11-12 Relisted — NORIS
• 2025-11-07 Pending — NORIS
• 2025-10-21 Listed $32,500 NORIS