241 S High St · Pataskala, OH 43062

$250,000

4 bd · 2.0 ba · 1,898 sqft · SingleFamily public records · 4 Days on market

Built 1930 10,018 sqft lot Est $357k · 30% under

---

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 +21.5/30.0
• ARV discount +15.0/15.0
• DSCR +6.9/10.0
• 1% rule +5.5/10.0
• Schools +5.4/10.0
• 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

Large Four (4) bedroom home located in Pataskala on Large Lot. Hardwood flooring, Two Full Bathrooms, Detached Garage with parking on street as well as your personal driveway, Central Air. In need of your personal TLC but priced accordingly. Immediate possession!!!!!

Key facts

• First-floor bedroom
• Mid-century home
• Updated bathrooms

Tags

• MID-CENTURY HOME
• HEART OF DOWNTOWN PATASKALA
• SOUTHWEST LICKING SCHOOLS
• FIRST-FLOOR BEDROOM
• BONUS SPACE
• UPDATED BATHROOMS

Property features AI

Exterior

• Parking: Detached garage with 2 garage spaces; 2 carport spaces
• Utilities: Public water; Public sewer
• Home design: Single family residence; Two stories; Built in 1930; No common walls
• Construction: Stone foundation
• Exterior features: Patio

Interior

• Bedrooms: One main-level bedroom
• Flooring: Wood flooring; Laminate flooring
• Bathrooms: Two full bathrooms
• Heating & cooling: Central air conditioning
• Interior features: Insulated windows throughout; Partial crawl space / basement

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $375 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Cap rate 8.1% vs local median 3.3% in Pataskala — 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 (#226 in OH, #3,534 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A; Watch: amenities F, commute F.
• Southwest Licking Local (rural): math 59% / reading 62% proficiency, ranked #243 of 656 in OH (top 37%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 160 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 159 units permitted in Licking County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 24y ago; this cycle's ask is 178% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $125k; list at $250k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $250,000

Questions for the listing agent

1. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.05% ✓
• Cap rate: 8.09%
• Cash-on-cash: 6.43%
• DSCR: 1.29
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $356,824
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
198 S Vine St	0.07mi	3/2.5 (-1)	1,998 (+5%)	1mo	$390,000	$195	80
258 S Main St	0.12mi	3/2.0 (-1)	1,740 (-8%)	3mo	$302,000	$174	73
388 S Township Rd	0.27mi	3/2.0 (-1)	1,690 (-11%)	2mo	$248,000	$147	63
206 Fairgrounds St	0.57mi	3/2.5 (-1)	1,882 (-1%)	4mo	$340,000	$181	62
341 Good Ct	0.61mi	3/2.5 (-1)	1,858 (-2%)	1mo	$369,900	$199	60
543 S Main St	0.43mi	3/1.0 (-1)	1,844 (-3%)	8mo	$250,000	$136	60
218 Blacks Rd	0.50mi	3/1.5 (-1)	1,758 (-7%)	3mo	$210,000	$119	54
112 Mohican Ln	0.67mi	3/2.5 (-1)	1,926 (+2%)	6mo	$434,000	$225	54
204 S Fork Cir	0.44mi	4/2.5	2,140 (+13%)	5mo	$402,000	$188	52
304 Enos Loomis St	0.66mi	4/2.5	2,034 (+7%)	6mo	$352,000	$173	50
300 Shawnee Loop S	0.61mi	3/2.0 (-1)	1,642 (-14%)	3mo	$368,500	$224	41
145 Shawnee Loop N	0.70mi	3/2.0 (-1)	1,642 (-14%)	2mo	$399,900	$244	38

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: -6.4%
• Equity multiple: 0.76×
• Total profit: $-16,591
• Equity at exit: $37,276

10-year hold

• IRR: 3.2%
• Equity multiple: 1.23×
• Total profit: $16,403
• Equity at exit: $21,615

Cash invested: $70,000 (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

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 43062

• Active inventory: 160
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,618 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$278 /mo · $3,330/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$550
• Net cashflow: $375

Break-even live

Break-even rent $2,143

Max offer price $250,000

Occupancy floor 81%

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
936 Poppleton Pl N Pataskala, OH	3.0	2.5	2213	$2,531	$1.14	21d	1	1.17mi

Listing history 7 events

1. 2026-06-19
   status $250,000 Pending 4 DOM
2. 2026-06-18
   days on market $250,000 Active 4 DOM
3. 2026-06-17
   days on market $250,000 Active 3 DOM
4. 2026-06-16
   days on market $250,000 Active 2 DOM
5. 2026-06-15
   status $250,000 Active 1 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   listed $250,000 Coming Soon 1 DOM

ⓘ 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: $3,330 · $278/mo
• Projected year-2 tax: $3,615 · $301/mo
• Expected delta: +$285/yr (+$24/mo · 8.6%)

ⓘ 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 ≥98°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,413
• − Mortgage interest: −$14,004
• − Property taxes: −$3,330
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,513
• − Management: −$2,513
• − Depreciation: −$7,273
• Taxable income: $530
• Est. tax owed @ 24.0%: −$127
• After-tax cash flow: $4,376/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: Southwest Licking Local
• NCES district ID: 3904804
• Math proficiency: 59% ▼ -13.00%
• Reading proficiency: 62% ▼ -9.00%
• Median HH income: $72,711
• Composite: 53.66/100
• National rank: #1432
• State rank: #243 of 656 in OH

Livability — Pataskala

• Score: 76/100
• State rank: #226
• US rank: #3534

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pataskala, OH
• County: Licking County · 109,194 people
• City population: 32,037
• Metro: Columbus, OH
• Population (ZIP): 32,037
• Household income: $105,968
• Rent vs Own: 18.4% rent · 81.6% own
• Severe rent burden: 316.0

Population outlook (Licking County) Hauer SSP2

• Today (2025): 178,210 people
• By 2030: 180,917 · +1.5%
• By 2040: 183,885 · +3.2%
• By 2050: 182,985 · +2.7%
• By 2075: 178,377 · +0.1%
• By 2100: 161,075 · -9.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Asian 8% Two or more races 6% Black 5% Hispanic / Latino 4%
• Common ancestry: Slovak 3% Romanian 2% Scotch-Irish 2%
• Foreign-born: 9% · India, Canada
• Languages at home: 88% English-only · Other Indo-European 7% Spanish 2% Arabic 1%

Political lean MEDSL · Licking

• 2024 margin: Solid R (+30.0) · D 34.5% · R 64.6%
• 2008→2024 swing: -14.2pp toward R · 2008: -15.8pp · 2024: -30.0pp
• All cycles: 2024: R+30.0 2020: R+28.1 2016: R+28.9 2012: R+14.7 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -255.15%
• Current HPI: 236.5135
• Rent YoY: —
• Metro: Columbus, 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

+108.5% since first listed

11 events — show timeline

• 2026-06-12 Coming Soon $250,000 CBRMLS
• 2021-12-01 Sold (Public Records) $125,000 Public Records
• 2015-10-22 Sold (Public Records) $80,700 Public Records
• 2015-10-09 Sold (MLS) $80,200 CBRMLS
• 2015-09-25 Pending — CBRMLS
• 2015-08-21 Relisted — CBRMLS
• 2015-08-12 Pending — CBRMLS
• 2015-08-01 Listed $89,900 CBRMLS
• 2003-09-30 Sold (Public Records) $106,500 Public Records
• 2002-11-02 Listing Removed — CBRMLS
• 2002-05-01 Listed $119,900 CBRMLS

Property tax history

+6.3%/yr

Latest (2025): $3,330 · +5.9% YoY. Source: county tax records.