999 N Buck Rd #92 · Lakeside, OH 43440

$64,900

2 bd · 1.0 ba · 672 sqft · Manufactured · 63 Days on market

Built 1967 Good condition $97/sqft · 10% below area Est $72k · 10% under

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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 +29.9/30.0
• ARV discount +12.1/15.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• Schools +5.6/10.0
• Condition / age +3.8/5.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come and enjoy Lake Life in this lovely mobile home in Harbor's Edge seasonal mobile home park! Being sold turn key, most everything there will stay with a sale, so you can move right in! Many exterior updates 2014 including roof, siding, insulation, skirting and windows! 2 bedrooms with plenty of built in drawer/closet storage space and 1 full bathroom. 2 window A/C units will remain. Furnace is 2023, electric panel 2020. Most carpet/flooring was replaced in 2024 & 2025. Newer kitchen counters with plenty of storage, also new sink, new stove 2025. Light and airy sun porch surrounded by windows for lazy summer days, and the refrigerator stays too! Private area between sunroom & shed (approx 3yrs new), includes swing too! Close to beaches, parks, shopping & restaurants. Assigned dockage $790 for the season. Harbor's Edge boasts a lovely park setting and common area with a play area, pavilion and grassy areas for enjoyment and relaxing-all overlooking East Harbor! All measurements are approximate. Taxes for current seller, may change with sale. Schedule your showing today!

Key facts

• Exterior updates
• Turn key
• Private area

Tags

• TURN KEY
• EXTERIOR UPDATES
• BUILT IN DRAWER STORAGE
• NEWER KITCHEN COUNTERS
• LIGHT AND AIRY SUN PORCH
• PRIVATE AREA

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $65k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $240 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($872 rent vs $65k).
• Recommended offer: $61k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.7% vs local median 0.8% in Lakeside — 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 72/100 on livability (#355 in OH) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, cost of living A; Watch: health & safety C-, amenities F, commute F.
• Danbury Local (town): math 60% / reading 71% proficiency, ranked #203 of 656 in OH (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 138 active listings in the ZIP; solid renter incomes; 128 units permitted in Ottawa County in 2024 (0 in 5+ unit buildings).
• This rent is only 14% of the median local income ($77k/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 $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Ottawa County population projected at -19% 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 $18k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($61k) is reasonable based on typical stale-listing flexibility.

Recommended offer $61,006 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 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 1967 — 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 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?
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: 1.34% ✓
• Cap rate: 10.74%
• Cash-on-cash: 15.87%
• DSCR: 1.71
• GRM: 6.2

CMA / ARV

• ARV (median comp): $72,322
• List price: $64,900
• Delta: -10.26%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
999 Buck Rd. Rd #37	0.05mi	2/1.0	700 (+4%)	8mo	$64,000	$91	84
1600 N Buck Rd #35	0.64mi	2/1.0	720 (+7%)	3mo	$145,000	$201	55

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: 6.8%
• Equity multiple: 1.26×
• Total profit: $4,802
• Equity at exit: $9,677

10-year hold

• IRR: 16.1%
• Equity multiple: 2.32×
• Total profit: $23,944
• Equity at exit: $5,611

Cash invested: $18,172 (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.

Methodology + full state rankings →

ZIP-level market 43440

• Active inventory: 138
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $872 medium
• Mortgage (P&I): −$340
• Tax est. 1.5%: −$81 /mo · $974/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$183
• Net cashflow: $240

Break-even live

Break-even rent $568

Max offer price $64,900

Occupancy floor 67%

Sensitivity live

Price	-10% $285	-5% $263	+0% $240	+5% $218	+10% $195
Rent	-10% $171	-5% $206	+0% $240	+5% $275	+10% $309
Rate	-1.0pp $273	-0.5pp $257	base $240	+0.5pp $223	+1.0pp $206

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: $16,225
• Closing costs: $1,947
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-21
   days on market $64,900 Active 63 DOM
2. 2026-06-18
   price $64,900 Active 61 DOM
3. 2026-06-18
   days on market $68,900 Active 61 DOM
4. 2026-06-17
   days on market $68,900 Active 60 DOM
5. 2026-06-16
   days on market $68,900 Active 59 DOM
6. 2026-06-15
   days on market $68,900 Active 58 DOM
7. 2026-06-13
   days on market $68,900 Active 56 DOM
8. 2026-06-12
   days on market $68,900 Active 55 DOM
9. 2026-06-09
   days on market $68,900 Active 52 DOM
10. 2026-06-08
    days on market $68,900 Active 51 DOM
11. 2026-06-08
    days on market $68,900 Active 50 DOM
12. 2026-06-07
    days on market $68,900 Active 49 DOM
13. 2026-06-04
    days on market $68,900 Active 46 DOM
14. 2026-06-02
    days on market $68,900 Active 45 DOM
15. 2026-06-01
    days on market $68,900 Active 44 DOM
16. 2026-05-31
    days on market $68,900 Active 43 DOM
17. 2026-04-17
    listed $68,900 Active 1105-char remark

    Show marketing remark (1105 chars)

    Come and enjoy Lake Life in this lovely mobile home in Harbor's Edge seasonal mobile home park! Being sold turn key, most everything there will stay with a sale, so you can move right in! Many exterior updates 2014 including roof, siding, insulation, skirting and windows! 2 bedrooms with plenty of built in drawer/closet storage space and 1 full bathroom. 2 window A/C units will remain. Furnace is 2023, electric panel 2020. Most carpet/flooring was replaced in 2024 & 2025. Newer kitchen counters with plenty of storage, also new sink, new stove 2025. Light and airy sun porch surrounded by windows for lazy summer days, and the refrigerator stays too! Private area between sunroom & shed (approx 3yrs new), includes swing too! Close to beaches, parks, shopping & restaurants. Assigned dockage $790 for the season. Harbor's Edge boasts a lovely park setting and common area with a play area, pavilion and grassy areas for enjoyment and relaxing-all overlooking East Harbor! All measurements are approximate. Taxes for current seller, may change with sale. Schedule your showing 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 ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,463
• − Mortgage interest: −$3,635
• − Property taxes: −$974
• − Insurance: −$324
• − Repairs & maintenance: −$837
• − Management: −$837
• − Depreciation: −$1,888
• Taxable income: $1,968
• Est. tax owed @ 24.0%: −$472
• After-tax cash flow: $2,412/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 · 13 photos

Good 75/100 Cosmetic rehab

This mobile home is in good condition with recent updates, including a new kitchen, flooring, and systems. It's ready for move-in and would benefit from fresh paint and new outdoor furniture to enhance its curb appeal and value.

Value-add opportunities

• Both Paint interior walls and trim — Fresh paint enhances curb appeal and interior aesthetics
• Both Replace outdoor furniture — New furniture improves curb appeal and adds comfort for outdoor use

Renovation cost estimate screening

Value-add ROI direction

• Both Paint interior walls and trim — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Replace outdoor furniture — New furniture improves curb appeal and adds comfort for outdoor use ↑

ⓘ 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: Danbury Local
• NCES district ID: 3904893
• Math proficiency: 60% ▼ -15.00%
• Reading proficiency: 71% ▼ -9.00%
• Median HH income: $50,130
• Composite: 55.61/100
• National rank: #1233
• State rank: #203 of 656 in OH

Livability — Lakeside

• Score: 72/100
• State rank: #355
• US rank: #5739

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Ottawa · 37,113 people
• Metro: Sandusky, OH
• Population (ZIP): 4,133
• Household income: $76,627
• Rent vs Own: 11.9% rent · 88.1% own

Population outlook (Ottawa County) Hauer SSP2

• Today (2025): 39,548 people
• By 2030: 38,297 · -3.2%
• By 2040: 35,070 · -11.3%
• By 2050: 31,956 · -19.2%
• By 2075: 27,454 · -30.6%
• By 2100: 23,596 · -40.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Romanian 9% Lithuanian 3% Slovak 2%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Ottawa

• 2024 margin: Strong R (+25.1) · D 37.0% · R 62.1%
• 2008→2024 swing: -31.3pp toward R · 2008: 6.3pp · 2024: -25.1pp
• All cycles: 2024: R+25.1 2020: R+23.4 2016: R+19.6 2012: D+4.1 2008: D+6.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -193.21%
• Current HPI: 237.7628
• 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

1 event — show timeline

• 2026-04-17 Listed $68,900 FAOR