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117 Dean St
B- Composite 69.29
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
  • DSCR +10.0/10.0
  • 1% rule +9.3/10.0
  • ARV discount +7.5/15.0
  • Livability +4.0/5.0
  • Schools +3.5/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$75,000

117 Dean St · Marietta, OH 45750
1 bd · 1.0 ba · 614 sqft · SingleFamily public records · 14 Days on market
Built 1900 10,759 sqft lot

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

Listing remarks

Investor Opportunity Near Marietta College: Affordable Investment Property with Income Potential! Calling all investors, landlords, and handy homeowners! This 1-bedroom home with a dedicated office offers an excellent opportunity just minutes from Marietta College. Previously used as a rental with an income of $750-800 per month. This property could be an ideal option for student housing, a long-term rental, or an affordable starter home with some TLC. Situated on a ¼-acre lot, the home features a metal roof, a full basement for storage, and a gravel driveway. The office provides flexibility for a study area, remote work space, or potential guest room. Bring your vision and tools&mda

Key facts

  • Metal roof
  • Full basement
  • Dedicated office

Tags

DEDICATED OFFICEMETAL ROOFFULL BASEMENTGRAVEL DRIVEWAY

Property features AI

Exterior

  • Parking: Driveway with gravel surface
  • Utilities: Public water; Public sewer
  • Home design: Single-story home; Metal roof; Vinyl siding; Block foundation
  • Construction: Built (year source: assessor)
  • Exterior features: Covered front porch; Lot approximately 0.247 acres

Interior

  • Kitchen: Range; Refrigerator
  • Bedrooms: One main-level bedroom
  • Bathrooms: One full bathroom (main level)
  • Heating & cooling: Central air conditioning; Forced-air heating
  • Interior features: Total of 4 rooms; Basement present

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 1-bed/1.0-bath single-family listed at $75k.

Deal economics

  • At list price, monthly cash flow is $373 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $75k).
  • Cap rate 12.3% vs local median 6.3% in Marietta — 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 80/100 on livability (#127 in OH, #1,845 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute F, employment D-.
  • Marietta City (town): math 35% / reading 49% proficiency, ranked #534 of 656 in OH (top 81%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Washington School (math 42% / reading 52%, grade D-, #942 of 1,584 statewide, top 61%, 240 students, 53% FRL); Marietta High School (math 32% / reading 61%, grade D-, #460 of 781 statewide, top 59%, 1,016 students, 42% FRL) — zoned schools at 48% FRL track the district average.
  • Market conditions: 121 active listings in the ZIP; 3 units permitted in Washington County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Washington 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 $21k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 2y ago; this cycle's ask has dropped $10k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $5k; list at $75k implies a 1400% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $75,000

Questions for the listing agent

  1. Built in 1900 — 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
1.43%
Cap rate
12.27%
Cash-on-cash
21.33%
DSCR
1.95
GRM
5.8

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
13.8%
Equity multiple
1.55×
Total profit
$11,613
Equity at exit
$11,183
10-year hold
IRR
22.6%
Equity multiple
2.94×
Total profit
$40,682
Equity at exit
$6,485

Cash invested: $21,000 (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.

ZIP-level market 45750

Home prices YoY
-32.4%
Active inventory
121
Price-to-rent
5.8×

Monthly cashflow live

Estimated rent
$1,071 medium interval (Pro) →
Mortgage (P&I)
$393
Tax from tax record
$48 /mo · $581/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$225
Net cashflow
$373

Break-even live

Break-even rent $599
Max offer price $75,000
Occupancy floor 60%

Sensitivity live

Price -10% $416 -5% $395 +0% $373 +5% $352 +10% $331
Rent -10% $289 -5% $331 +0% $373 +5% $416 +10% $458
Rate -1.0pp $411 -0.5pp $392 base $373 +0.5pp $354 +1.0pp $334

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
$18,750
Closing costs
$2,250
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 10 events

  1. 2026-06-22
    days on market $75,000 Active 14 DOM
  2. 2026-06-19
    days on market $75,000 Active 11 DOM
  3. 2026-06-18
    days on market $75,000 Active 10 DOM
  4. 2026-06-17
    days on market $75,000 Active 9 DOM
  5. 2026-06-16
    pricedays on market $75,000 Active 8 DOM
  6. 2026-06-15
    days on market $85,000 Active 7 DOM
  7. 2026-06-14
    days on market $85,000 Active 5 DOM
  8. 2026-06-12
    days on market $85,000 Active 4 DOM
  9. 2026-06-09
    remarks 692-char remark
  10. 2026-06-09
    listed $85,000 Active 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
$581 · $48/mo
Projected year-2 tax
$876 · $73/mo
Expected delta
+$294/yr (+$25/mo · 50.7%)

ⓘ 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 5 d/yr ≥101°F today · 13 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low 100% 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
$12,855
− Mortgage interest
−$4,201
− Property taxes
−$581
− Insurance
−$375
− Repairs & maintenance
−$1,028
− Management
−$1,028
− Depreciation
−$2,182
Taxable income
$3,459
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$830
After-tax cash flow
$3,650/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
Marietta City
NCES district ID
3910019
Math proficiency
35% ▼ -20.00%
Reading proficiency
49% ▼ -12.00%
Median HH income
$39,366
Composite
35.08/100
National rank
#5025
State rank
#534 of 656 in OH

Livability — Marietta

Score
80/100
State rank
#127
US rank
#1845

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Marietta, OH
County
Washington County · 26,420 people
City population
26,420
Metro
Marietta, OH
Population (ZIP)
26,420
Household income
$60,229
Rent vs Own
29.4% rent · 70.6% own
Severe rent burden
727.0

Population outlook (Washington County) Hauer SSP2

Today (2025)
59,640 people
By 2030
58,315 · -2.2%
By 2040
55,186 · -7.5%
By 2050
52,246 · -12.4%
By 2075
45,893 · -23.0%
By 2100
38,128 · -36.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (94%)
Race & ethnicity
White 94% Two or more races 2% Asian 1% Black 1% Hispanic / Latino 1%
Common ancestry
Italian 2% Slovak 2% Romanian 2%
Foreign-born
2% · Canada
Languages at home
97% English-only · Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · Washington

2024 margin
Solid R (+43.8) · D 27.7% · R 71.5%
2008→2024 swing
+40.2pp toward D · 2008: -83.9pp · 2024: -43.8pp
All cycles
2024: R+43.8 2020: R+40.8 2016: R+41.6 2012: R+19.4 2008: R+83.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -95.06%
Current HPI
198.6235
Rent YoY
Metro
Marietta, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+1600.0% since first listed
4 events — show timeline
  • 2026-06-08 Listed $85,000 MLSNOW
  • 2024-10-04 Listing Removed MLSNOW
  • 2024-10-02 Listed $40,000 MLSNOW
  • 1991-05-16 Sold (Public Records) $5,000 Public Records

Property tax history

+5.5%/yr

Latest (2025): $581 · +20.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…