17587 Buckland Holden Rd · Cridersville, OH 45895

$1

3 bd · 1.0 ba · 1,972 sqft · SingleFamily public records · 15 Days on market

Built 1887 1.20 ac lot

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Why this score? — see what drove the D+ 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 +15.0/30.0
• ARV discount +7.5/15.0
• Schools +5.5/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

COUNTRY PROPERTY ON 1.2 ACRES. 4 BEDROOM 1 BATH HOME.NEEDS WORK BUT COULD BE A GREAT COUNTRY HOME AT THE RIGHT PRICE FOR THE RENOVATOR. HUD CASE # 413-501506.HUD OWNED PROPERTY SOLD "AS-IS"

Key facts

• 1.2 acre lot
• Built 1887
• Listed 15 days

Property features AI

Exterior

• Utilities: Septic tank
• Home design: Single family residence; Residential property; Built in 1887; 1.2-acre lot
• Construction: Vinyl siding
• Exterior features: Well water; Residential lot

Interior

• Bedrooms: Three bedrooms
• Bathrooms: One full bathroom
• Heating & cooling: Has heating; Other heating (see remarks)
• Interior features: Four total rooms; Partial basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $1.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1).

Location & tenants

• Location reads 72/100 on livability (#391 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Wapakoneta City (town): math 66% / reading 63% proficiency, ranked #218 of 656 in OH (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Wapakoneta Elementary (math 78% / reading 61%, grade A-, #391 of 1,584 statewide, top 27%, 868 students, 32% FRL); Wapakoneta Middle School (math 66% / reading 67%, grade A-, #172 of 654 statewide, top 27%, 674 students, 40% FRL); Wapakoneta High School (math 53% / reading 71%, grade B-, #202 of 781 statewide, top 29%, 874 students, 40% FRL) — zoned schools at 38% FRL track the district average.
• Market conditions: 40 active listings in the ZIP; 121 units permitted in Auglaize County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $0 of loan paydown is wiped out by about $0 of value loss. Plan a longer hold.
• Auglaize County population projected at -12% 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 $0 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($0) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 15y 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: built in 1887 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $1

Questions for the listing agent

1. Built in 1887 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 141005.00% ✓
• Cap rate: 1336725.40%
• Cash-on-cash: 4773996.81%
• DSCR: 212416.99
• GRM: 0.0

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: —
• Equity multiple: 253458.40×
• Total profit: $70,968
• Equity at exit: $0

10-year hold

• IRR: —
• Equity multiple: 547285.73×
• Total profit: $153,240
• Equity at exit: $0

Cash invested: $0 (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 45895

• Home prices YoY: -30.9%
• Active inventory: 40

Monthly cashflow live

• Estimated rent: $1,410 medium
• Mortgage (P&I): −$0
• Tax est. 1.5%: −$0 /mo · $0/yr
• Insurance: −$0
• HOA: −$0
• Vacancy / Maint / Mgmt: −$296
• Net cashflow: $1,114

Break-even live

Break-even rent —

Max offer price $1

Occupancy floor 16%

Sensitivity live

Price	-10% $1,114	-5% $1,114	+0% $1,114	+5% $1,114	+10% $1,114
Rent	-10% $1,003	-5% $1,058	+0% $1,114	+5% $1,170	+10% $1,225
Rate	-1.0pp $1,114	-0.5pp $1,114	base $1,114	+0.5pp $1,114	+1.0pp $1,114

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: $0
• Closing costs: $0
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-06-09
   status $1 Pending 15 DOM
2. 2026-06-08
   days on market $1 Active 15 DOM
3. 2026-06-08
   days on market $1 Active 14 DOM
4. 2026-06-05
   days on market $1 Active 12 DOM
5. 2026-06-04
   days on market $1 Active 10 DOM
6. 2026-06-02
   days on market $1 Active 9 DOM
7. 2026-06-01
   days on market $1 Active 8 DOM
8. 2026-05-31
   days on market $1 Active 7 DOM
9. 2026-04-27
   listed $1 Active
10. 2012-02-28
    soldstatus $19,500 199-char remark

    Show marketing remark (199 chars)

    COUNTRY PROPERTY ON 1.2 ACRES. 4 BEDROOM 1 BATH HOME.NEEDS WORK BUT COULD BE A GREAT COUNTRY HOME AT THE RIGHT PRICE FOR THE RENOVATOR. HUD CASE # 413-501506.HUD OWNED PROPERTY SOLD "AS-IS"

11. 2011-11-15
    listed $17,000 199-char remark

    Show marketing remark (199 chars)

    COUNTRY PROPERTY ON 1.2 ACRES. 4 BEDROOM 1 BATH HOME.NEEDS WORK BUT COULD BE A GREAT COUNTRY HOME AT THE RIGHT PRICE FOR THE RENOVATOR. HUD CASE # 413-501506.HUD OWNED PROPERTY SOLD "AS-IS"

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥99°F today · 18 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: $16,921
• − Mortgage interest: −$0
• − Property taxes: −$0
• − Insurance: −$0
• − Repairs & maintenance: −$1,354
• − Management: −$1,354
• − Depreciation: −$0
• Taxable income: $14,213
• Est. tax owed @ 24.0%: −$3,411
• After-tax cash flow: $9,956/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: Wapakoneta City
• NCES district ID: 3904498
• Math proficiency: 66% ▼ -8.00%
• Reading proficiency: 63% ▼ -4.00%
• Median HH income: $51,471
• Composite: 54.97/100
• National rank: #1303
• State rank: #218 of 656 in OH

Livability — Cridersville

• Score: 72/100
• State rank: #391
• US rank: #6373

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Auglaize · 44,666 people
• Population (ZIP): 17,983
• Household income: $72,965
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 4.1

Population outlook (Auglaize County) Hauer SSP2

• Today (2025): 45,247 people
• By 2030: 44,448 · -1.8%
• By 2040: 42,355 · -6.4%
• By 2050: 39,722 · -12.2%
• By 2075: 33,967 · -24.9%
• By 2100: 26,839 · -40.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Hispanic / Latino 3% Two or more races 3%
• Common ancestry: Slovak 1% Lithuanian 1% Italian 1%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Auglaize

• 2024 margin: Solid R (+64.6) · D 17.3% · R 81.9%
• 2008→2024 swing: -23.4pp toward R · 2008: -41.2pp · 2024: -64.6pp
• All cycles: 2024: R+64.6 2020: R+62.6 2016: R+62.6 2012: R+48.9 2008: R+41.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.24%
• Current HPI: 197.7334
• 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

+14.7% since first listed

3 events — show timeline

• 2026-04-27 Listed $1 WRIST
• 2012-02-28 Sold (MLS) $19,500 WRIST
• 2011-11-15 Listed $17,000 WRIST

Property tax history

+3.2%/yr

Latest (2025): $410 · +0.6% YoY. Source: county tax records.