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2870 Maysville Pike
B+ Composite 79.08
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 +4.3/10.0
  • Livability +3.8/5.0
  • Rent growth +3.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$39,900

2870 Maysville Pike · South Zanesville, OH 43701
2 bd · 1.5 ba · 732 sqft · Land · 79 Days on market
Built 1969 $55/sqft · 47% below area Est $75k · 47% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Seller Financing Available Own with $3,000 Down 2 Bed / 1.5 Bath Manufactured Home $39,900 This 2 bedroom, 1.5 bathroom manufactured home located at 2870 Maysville Pike Lot 26 offers an affordable opportunity to own instead of rent. The home features a beautiful layout with a comfortable, abundant living space, two bedrooms, and the convenience of a 1.5 bath setup. This is a great option for individuals, couples, or small families looking for a manageable home in an established community. Purchase Options Price: $39,900 Seller Financing Example: $3,000 down Approx. $491/month payment Community Information The home is located in a professionally managed mobile home community. Lot rent: $495/month (paid to the park) Buyer must apply with and be approved by the park before purchase Felonies and offenders are not permitted per park rules Why buyers like homes like this: Lower cost than many rental options Opportunity to own instead of rent Manageable home size with easy maintenance Established community setting For more information: Call or text 740-923-2646

Key facts

  • Built 1969
  • Listed 79 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.5-bath land listed at $40k.

Deal economics

  • At list price, monthly cash flow is $436 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($901 rent vs $40k).
  • Recommended offer: $38k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 75/100 on livability (#242 in OH, #3,856 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, health & safety A+; Watch: commute F, employment F.
  • Maysville Local (town): math 46% / reading 56% proficiency, ranked #435 of 656 in OH (top 66%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Maysville Elementary School (math 61% / reading 64%, grade B, #580 of 1,584 statewide, top 37%, 807 students, 0% FRL); Maysville Middle School (math 35% / reading 46%, grade F, #509 of 654 statewide, top 78%, 479 students, 0% FRL); Maysville High School (math 32% / reading 62%, grade D-, #435 of 781 statewide, top 59%, 444 students, 0% FRL) — zoned schools average 0% FRL vs 46% district-wide (46 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents rising fast (+4.2%/yr); 300 active listings in the ZIP; 140 units permitted in Muskingum County in 2024 (100 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $276 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • Muskingum County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 4.2% rent growth), your $11k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 79 days — a 6% lower offer ($38k) is reasonable based on typical stale-listing flexibility.
  • 13 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 $23k; list at $40k implies a 71% gain — meaningful room to come down on a strong offer.
Recommended offer $37,506 (6.0% below list)

Questions for the listing agent

  1. It's been on market 79 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 1969 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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
2.26%
Cap rate
19.40%
Cash-on-cash
46.82%
DSCR
3.08
GRM
3.7

CMA / ARV

ARV (median comp)
$74,763
List price
$39,900
Delta
-46.63%
Verdict
UNDERPRICED
Comps
2 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.23% rent growth · sell at horizon

5-year hold
IRR
45.5%
Equity multiple
3.01×
Total profit
$22,437
Equity at exit
$5,949
10-year hold
IRR
51.9%
Equity multiple
6.38×
Total profit
$60,087
Equity at exit
$3,450

Cash invested: $11,172 (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.

ZIP-level market 43701

Home prices YoY
-23.2%
Rents YoY
4.2%
Active inventory
300
Price-to-rent
3.7×

Monthly cashflow live

Estimated rent
$901 medium interval (Pro) →
Mortgage (P&I)
$209
Tax est. 1.5%
$50 /mo · $598/yr
Insurance
$17
HOA
$0
Vacancy / Maint / Mgmt
$189
Net cashflow
$436

Break-even live

Break-even rent $349
Max offer price $39,900
Occupancy floor 47%

Sensitivity live

Price -10% $463 -5% $450 +0% $436 +5% $422 +10% $408
Rent -10% $365 -5% $400 +0% $436 +5% $471 +10% $507
Rate -1.0pp $456 -0.5pp $446 base $436 +0.5pp $426 +1.0pp $415

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
$9,975
Closing costs
$1,197
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 44 events

  1. 2026-06-02
    days on market $39,900 Active 79 DOM
  2. 2026-06-01
    days on market $39,900 Active 78 DOM
  3. 2026-05-31
    days on market $39,900 Active 77 DOM
  4. 2026-05-30
    days on market $39,900 Active 76 DOM
  5. 2026-03-15
    listed $39,900 Active 1090-char remark
    Show marketing remark (1090 chars)

    Seller Financing Available Own with $3,000 Down 2 Bed / 1.5 Bath Manufactured Home $39,900 This 2 bedroom, 1.5 bathroom manufactured home located at 2870 Maysville Pike Lot 26 offers an affordable opportunity to own instead of rent. The home features a beautiful layout with a comfortable, abundant living space, two bedrooms, and the convenience of a 1.5 bath setup. This is a great option for individuals, couples, or small families looking for a manageable home in an established community. Purchase Options Price: $39,900 Seller Financing Example: $3,000 down Approx. $491/month payment Community Information The home is located in a professionally managed mobile home community. Lot rent: $495/month (paid to the park) Buyer must apply with and be approved by the park before purchase Felonies and offenders are not permitted per park rules Why buyers like homes like this: Lower cost than many rental options Opportunity to own instead of rent Manageable home size with easy maintenance Established community setting For more information: Call or text 740-923-2646

  6. 2025-12-15
    soldstatus $23,333
  7. 2025-08-28
    status Pending 450-char remark
    Show marketing remark (450 chars)

    Motivated Seller! Don’t miss this well-maintained and cozy mobile home perfectly situated in a great South Zanesville location! Enjoy year-round comfort with a brand-new gas heating and electric AC system. The home also comes fully equipped with a sleek Samsung washer, dryer, and refrigerator—all included for the new owner! Whether you're looking for your first home or ready to downsize, this move-in ready gem won’t last long!

  8. 2025-08-28
    soldstatus $46,500 Closed 450-char remark
    Show marketing remark (450 chars)

    Motivated Seller! Don’t miss this well-maintained and cozy mobile home perfectly situated in a great South Zanesville location! Enjoy year-round comfort with a brand-new gas heating and electric AC system. The home also comes fully equipped with a sleek Samsung washer, dryer, and refrigerator—all included for the new owner! Whether you're looking for your first home or ready to downsize, this move-in ready gem won’t last long!

  9. 2025-07-11
    historical Contingent 450-char remark
    Show marketing remark (450 chars)

    Motivated Seller! Don’t miss this well-maintained and cozy mobile home perfectly situated in a great South Zanesville location! Enjoy year-round comfort with a brand-new gas heating and electric AC system. The home also comes fully equipped with a sleek Samsung washer, dryer, and refrigerator—all included for the new owner! Whether you're looking for your first home or ready to downsize, this move-in ready gem won’t last long!

  10. 2025-06-05
    price $46,500 450-char remark
    Show marketing remark (450 chars)

    Motivated Seller! Don’t miss this well-maintained and cozy mobile home perfectly situated in a great South Zanesville location! Enjoy year-round comfort with a brand-new gas heating and electric AC system. The home also comes fully equipped with a sleek Samsung washer, dryer, and refrigerator—all included for the new owner! Whether you're looking for your first home or ready to downsize, this move-in ready gem won’t last long!

  11. 2025-05-23
    price $52,500 450-char remark
    Show marketing remark (450 chars)

    Motivated Seller! Don’t miss this well-maintained and cozy mobile home perfectly situated in a great South Zanesville location! Enjoy year-round comfort with a brand-new gas heating and electric AC system. The home also comes fully equipped with a sleek Samsung washer, dryer, and refrigerator—all included for the new owner! Whether you're looking for your first home or ready to downsize, this move-in ready gem won’t last long!

  12. 2025-05-10
    listed $55,900 Active 450-char remark
    Show marketing remark (450 chars)

    Motivated Seller! Don’t miss this well-maintained and cozy mobile home perfectly situated in a great South Zanesville location! Enjoy year-round comfort with a brand-new gas heating and electric AC system. The home also comes fully equipped with a sleek Samsung washer, dryer, and refrigerator—all included for the new owner! Whether you're looking for your first home or ready to downsize, this move-in ready gem won’t last long!

  13. 2024-04-26
    soldstatus $30,000 Closed
  14. 2024-03-12
    status Pending
  15. 2024-03-04
    price $33,900
  16. 2024-02-13
    price $37,900
  17. 2024-02-04
    price $42,900
  18. 2024-01-25
    price $47,900
  19. 2024-01-05
    listed $59,900 Active
  20. 2023-06-07
    soldstatus $79,900 Closed
  21. 2023-06-07
    soldstatus $79,900 Closed
  22. 2023-05-23
    historical Contingent
  23. 2023-05-23
    historical Contingent Finance and Inspection
  24. 2023-05-22
    listed $79,900 Active
  25. 2023-05-22
    listed $79,900 Active
  26. 2022-04-25
    soldstatus $50,000 Closed
  27. 2022-04-02
    status Pending
  28. 2022-03-28
    price $65,000
  29. 2022-01-28
    listed $75,000 Active
  30. 2019-12-29
    soldstatus $34,900
  31. 2019-09-16
    listed $34,900
  32. 2016-06-07
    soldstatus $10,000
  33. 2016-05-20
    listed $12,000
  34. 2010-11-05
    soldstatus $41,000
  35. 2010-03-12
    listed $39,900
  36. 2010-02-20
    soldstatus $19,000
  37. 2009-12-10
    listed $22,000
  38. 2009-09-29
    historical
  39. 2009-03-29
    listed $44,000
  40. 2008-11-19
    historical
  41. 2008-05-12
    listed $57,500
  42. 2007-12-04
    historical
  43. 2007-06-04
    listed $8,500
  44. 1998-01-16
    soldstatus $603,500

ⓘ 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 2/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$10,809
− Mortgage interest
−$2,235
− Property taxes
−$598
− Insurance
−$200
− Repairs & maintenance
−$865
− Management
−$865
− Depreciation
−$1,161
Taxable income
$4,886
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,173
After-tax cash flow
$4,058/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
Maysville Local
NCES district ID
3904885
Math proficiency
46% ▼ -19.00%
Reading proficiency
56% ▼ -11.00%
Median HH income
$40,901
Composite
42.71/100
National rank
#3167
State rank
#435 of 656 in OH

Livability — South Zanesville

Score
75/100
State rank
#242
US rank
#3856

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Muskingum County · 56,402 people
Metro
Zanesville, OH
Population (ZIP)
56,402
Household income
$57,565
Rent vs Own
36.6% rent · 63.4% own
Severe rent burden
1619.0

Population outlook (Muskingum County) Hauer SSP2

Today (2025)
85,625 people
By 2030
84,592 · -1.2%
By 2040
81,288 · -5.1%
By 2050
76,751 · -10.4%
By 2075
64,143 · -25.1%
By 2100
47,598 · -44.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (88%)
Race & ethnicity
White 88% Two or more races 6% Black 4% Hispanic / Latino 2%
Common ancestry
Slovak 2% Iranian 1% Italian 1%
Foreign-born
1% · Canada
Languages at home
98% English-only · Spanish 1%

Political lean MEDSL · Muskingum

2024 margin
Solid R (+43.9) · D 27.6% · R 71.6%
2008→2024 swing
-36.7pp toward R · 2008: -7.2pp · 2024: -43.9pp
All cycles
2024: R+43.9 2020: R+39.3 2016: R+35.0 2012: R+7.0 2008: R+7.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -90.41%
Current HPI
298.9994
Rent YoY
▲ 4.23%
Metro
Zanesville, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

-93.4% since first listed
40 events — show timeline
  • 2026-03-15 Listed $39,900 ForSaleByOwner.com
  • 2025-12-15 Sold (Public Records) $23,333 Public Records
  • 2025-08-28 Pending MLSNOW
  • 2025-08-28 Sold (MLS) $46,500 MLSNOW
  • 2025-07-11 Contingent MLSNOW
  • 2025-06-05 Price Changed $46,500 MLSNOW
  • 2025-05-23 Price Changed $52,500 MLSNOW
  • 2025-05-10 Listed $55,900 MLSNOW
  • 2024-04-26 Sold (MLS) $30,000 MLSNOW
  • 2024-03-12 Pending MLSNOW
  • 2024-03-04 Price Changed $33,900 MLSNOW
  • 2024-02-13 Price Changed $37,900 MLSNOW
  • 2024-02-04 Price Changed $42,900 MLSNOW
  • 2024-01-25 Price Changed $47,900 MLSNOW
  • 2024-01-05 Listed $59,900 MLSNOW
  • 2023-06-07 Sold (MLS) $79,900 MLSNOW
  • 2023-06-07 Sold (MLS) $79,900 CBRMLS
  • 2023-05-23 Contingent MLSNOW
  • 2023-05-23 Contingent CBRMLS
  • 2023-05-22 Listed $79,900 MLSNOW
  • 2023-05-22 Listed $79,900 CBRMLS
  • 2022-04-25 Sold (MLS) $50,000 MLSNOW
  • 2022-04-02 Pending MLSNOW
  • 2022-03-28 Price Changed $65,000 MLSNOW
  • 2022-01-28 Listed $75,000 MLSNOW
  • 2019-12-29 Sold (MLS) $34,900 CBRMLS
  • 2019-09-16 Listed $34,900 CBRMLS
  • 2016-06-07 Sold (MLS) $10,000 MLSNOW
  • 2016-05-20 Listed $12,000 MLSNOW
  • 2010-11-05 Sold (MLS) $41,000 MLSNOW
  • 2010-03-12 Listed $39,900 MLSNOW
  • 2010-02-20 Sold (MLS) $19,000 MLSNOW
  • 2009-12-10 Listed $22,000 MLSNOW
  • 2009-09-29 Listing Removed MLSNOW
  • 2009-03-29 Listed $44,000 MLSNOW
  • 2008-11-19 Listing Removed MLSNOW
  • 2008-05-12 Listed $57,500 MLSNOW
  • 2007-12-04 Listing Removed MLSNOW
  • 2007-06-04 Listed $8,500 MLSNOW
  • 1998-01-16 Sold (Public Records) $603,500 Public Records

Property tax history

+15.5%/yr

Latest (2025): $32,626 · +2.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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