319 E Fayette St · Celina, OH 45822

$125,000

4 bd · 1.0 ba · 1,520 sqft · SingleFamily public records · 3 Days on market

Built 1900 9,583 sqft lot Est $226k · 45% 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 +29.6/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Schools +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

Charming and full of character, this well-maintained home in the heart of Celina offers comfort, space, and convenience all in one! Located just minutes from downtown shops, dining, and beautiful Grand Lake St. Marys, 319 E Fayette St is the perfect blend of small-town charm and everyday functionality. Step inside to find a spacious living area filled with natural light, creating a warm and inviting atmosphere. The main level features a comfortable layout with generously sized rooms, offering flexibility for everyday living or entertaining guests. The kitchen provides ample cabinetry and workspace, making meal prep simple and efficient. Upstairs, you’ll find well-proportioned bedrooms with great closet space and plenty of natural light. The home offers practical storage throughout and a layout that feels both open and cozy. Outside, enjoy a manageable yard with room for outdoor entertaining, gardening, or relaxing evenings at home. Off-street parking adds convenience, and the location provides quick access to local schools, parks, and all that Celina has to offer. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property delivers value and potential in a prime location. Schedule your private showing today!

Key facts

• Manageable yard
• Off street parking
• Well maintained home

Tags

• WELL MAINTAINED HOME
• SPACIOUS LIVING AREA
• AMPLE CABINETRY
• GREAT CLOSET SPACE
• MANAGEABLE YARD
• OFF STREET PARKING

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $452 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Cap rate 10.6% vs local median 4.8% in Celina — 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 71/100 on livability (#397 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Celina City (town): math 64% / reading 55% proficiency, ranked #299 of 656 in OH (top 46%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 68 active listings in the ZIP; 92 units permitted in Mercer County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Mercer County population projected at -13% 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 $35k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 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 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $125,000

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 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?
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: 1.32% ✓
• Cap rate: 10.63%
• Cash-on-cash: 15.49%
• DSCR: 1.69
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $226,480
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
301 E Market St	0.08mi	3/2.5 (-1)	1,534 (+1%)	6mo	$190,000	$124	79
224 E Fulton St	0.19mi	3/2.0 (-1)	1,460 (-4%)	1mo	$217,500	$149	75
328 E Livingston St	0.11mi	3/1.5 (-1)	1,401 (-8%)	3mo	$230,000	$164	73
409 W Fayette St	0.46mi	3/1.0 (-1)	1,582 (+4%)	4mo	$56,000	$35	64
609 N Cherry St	0.47mi	3/2.0 (-1)	1,469 (-3%)	3mo	$234,900	$160	61
545 W Wayne St	0.71mi	4/1.0	1,492 (-2%)	4mo	$200,000	$134	60
802 E Market St	0.46mi	3/2.5 (-1)	1,613 (+6%)	2mo	$190,000	$118	56
669 N Walnut St	0.62mi	3/2.0 (-1)	1,488 (-2%)	5mo	$189,000	$127	54
526 Willow St	0.44mi	3/2.0 (-1)	1,655 (+9%)	3mo	$211,101	$128	54
316 Dogwood Dr	0.72mi	5/3.0 (+1)	1,485 (-2%)	2mo	$265,900	$179	48
426 Magnolia St	0.65mi	3/2.0 (-1)	1,416 (-7%)	4mo	$262,000	$185	46
837 Linden Ave	0.69mi	3/2.0 (-1)	1,294 (-15%)	9mo	$205,000	$158	27

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: 6.3%
• Equity multiple: 1.24×
• Total profit: $8,542
• Equity at exit: $18,638

10-year hold

• IRR: 15.6%
• Equity multiple: 2.27×
• Total profit: $44,571
• Equity at exit: $10,808

Cash invested: $35,000 (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 45822

• Active inventory: 68
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,652 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$146 /mo · $1,747/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $452

Break-even live

Break-even rent $1,080

Max offer price $125,000

Occupancy floor 68%

Sensitivity live

Price	-10% $523	-5% $487	+0% $452	+5% $416	+10% $381
Rent	-10% $321	-5% $387	+0% $452	+5% $517	+10% $582
Rate	-1.0pp $515	-0.5pp $484	base $452	+0.5pp $419	+1.0pp $387

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-05-07
   soldstatus $145,000 Closed 1282-char remark

   Show marketing remark (1282 chars)

   Charming and full of character, this well-maintained home in the heart of Celina offers comfort, space, and convenience all in one! Located just minutes from downtown shops, dining, and beautiful Grand Lake St. Marys, 319 E Fayette St is the perfect blend of small-town charm and everyday functionality. Step inside to find a spacious living area filled with natural light, creating a warm and inviting atmosphere. The main level features a comfortable layout with generously sized rooms, offering flexibility for everyday living or entertaining guests. The kitchen provides ample cabinetry and workspace, making meal prep simple and efficient. Upstairs, you’ll find well-proportioned bedrooms with great closet space and plenty of natural light. The home offers practical storage throughout and a layout that feels both open and cozy. Outside, enjoy a manageable yard with room for outdoor entertaining, gardening, or relaxing evenings at home. Off-street parking adds convenience, and the location provides quick access to local schools, parks, and all that Celina has to offer. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property delivers value and potential in a prime location. Schedule your private showing today!

2. 2026-03-06
   historical ActiveUnderContract 1282-char remark

   Show marketing remark (1282 chars)

   Charming and full of character, this well-maintained home in the heart of Celina offers comfort, space, and convenience all in one! Located just minutes from downtown shops, dining, and beautiful Grand Lake St. Marys, 319 E Fayette St is the perfect blend of small-town charm and everyday functionality. Step inside to find a spacious living area filled with natural light, creating a warm and inviting atmosphere. The main level features a comfortable layout with generously sized rooms, offering flexibility for everyday living or entertaining guests. The kitchen provides ample cabinetry and workspace, making meal prep simple and efficient. Upstairs, you’ll find well-proportioned bedrooms with great closet space and plenty of natural light. The home offers practical storage throughout and a layout that feels both open and cozy. Outside, enjoy a manageable yard with room for outdoor entertaining, gardening, or relaxing evenings at home. Off-street parking adds convenience, and the location provides quick access to local schools, parks, and all that Celina has to offer. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property delivers value and potential in a prime location. Schedule your private showing today!

3. 2026-03-06
   status Pending

   Show marketing remark (1282 chars)

   Charming and full of character, this well-maintained home in the heart of Celina offers comfort, space, and convenience all in one! Located just minutes from downtown shops, dining, and beautiful Grand Lake St. Marys, 319 E Fayette St is the perfect blend of small-town charm and everyday functionality. Step inside to find a spacious living area filled with natural light, creating a warm and inviting atmosphere. The main level features a comfortable layout with generously sized rooms, offering flexibility for everyday living or entertaining guests. The kitchen provides ample cabinetry and workspace, making meal prep simple and efficient. Upstairs, you’ll find well-proportioned bedrooms with great closet space and plenty of natural light. The home offers practical storage throughout and a layout that feels both open and cozy. Outside, enjoy a manageable yard with room for outdoor entertaining, gardening, or relaxing evenings at home. Off-street parking adds convenience, and the location provides quick access to local schools, parks, and all that Celina has to offer. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property delivers value and potential in a prime location. Schedule your private showing today!

4. 2026-03-03
   listed $125,000 Active 1282-char remark

   Show marketing remark (1282 chars)

   Charming and full of character, this well-maintained home in the heart of Celina offers comfort, space, and convenience all in one! Located just minutes from downtown shops, dining, and beautiful Grand Lake St. Marys, 319 E Fayette St is the perfect blend of small-town charm and everyday functionality. Step inside to find a spacious living area filled with natural light, creating a warm and inviting atmosphere. The main level features a comfortable layout with generously sized rooms, offering flexibility for everyday living or entertaining guests. The kitchen provides ample cabinetry and workspace, making meal prep simple and efficient. Upstairs, you’ll find well-proportioned bedrooms with great closet space and plenty of natural light. The home offers practical storage throughout and a layout that feels both open and cozy. Outside, enjoy a manageable yard with room for outdoor entertaining, gardening, or relaxing evenings at home. Off-street parking adds convenience, and the location provides quick access to local schools, parks, and all that Celina has to offer. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property delivers value and potential in a prime location. Schedule your private showing today!

5. 2026-03-03
   listed $125,000 Active

   Show marketing remark (1282 chars)

   Charming and full of character, this well-maintained home in the heart of Celina offers comfort, space, and convenience all in one! Located just minutes from downtown shops, dining, and beautiful Grand Lake St. Marys, 319 E Fayette St is the perfect blend of small-town charm and everyday functionality. Step inside to find a spacious living area filled with natural light, creating a warm and inviting atmosphere. The main level features a comfortable layout with generously sized rooms, offering flexibility for everyday living or entertaining guests. The kitchen provides ample cabinetry and workspace, making meal prep simple and efficient. Upstairs, you’ll find well-proportioned bedrooms with great closet space and plenty of natural light. The home offers practical storage throughout and a layout that feels both open and cozy. Outside, enjoy a manageable yard with room for outdoor entertaining, gardening, or relaxing evenings at home. Off-street parking adds convenience, and the location provides quick access to local schools, parks, and all that Celina has to offer. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this property delivers value and potential in a prime location. Schedule your private showing today!

6. 2020-03-03
   soldstatus $74,000
7. 2020-02-28
   soldstatus $74,000 374-char remark

   Show marketing remark (374 chars)

   Plenty of space in this two story home! Features over 1,500 square feet, 4 bedrooms and one and a half baths. master bedroom and full bath on main level. Formal dining, living and eat-in kitchen. Full, unfinished basement and a fenced-in back yard. Great views of the lake and desirable location, close to shopping and restaurants. Contact your agent today to book you tour!

8. 2020-02-28
   soldstatus $74,000

   Show marketing remark (374 chars)

   Plenty of space in this two story home! Features over 1,500 square feet, 4 bedrooms and one and a half baths. master bedroom and full bath on main level. Formal dining, living and eat-in kitchen. Full, unfinished basement and a fenced-in back yard. Great views of the lake and desirable location, close to shopping and restaurants. Contact your agent today to book you tour!

9. 2019-11-11
   listed $80,000 374-char remark

   Show marketing remark (374 chars)

   Plenty of space in this two story home! Features over 1,500 square feet, 4 bedrooms and one and a half baths. master bedroom and full bath on main level. Formal dining, living and eat-in kitchen. Full, unfinished basement and a fenced-in back yard. Great views of the lake and desirable location, close to shopping and restaurants. Contact your agent today to book you tour!

10. 2019-11-11
    listed $80,000

    Show marketing remark (374 chars)

    Plenty of space in this two story home! Features over 1,500 square feet, 4 bedrooms and one and a half baths. master bedroom and full bath on main level. Formal dining, living and eat-in kitchen. Full, unfinished basement and a fenced-in back yard. Great views of the lake and desirable location, close to shopping and restaurants. Contact your agent today to book you tour!

11. 2016-07-29
    soldstatus $64,000
12. 2016-07-15
    soldstatus $64,000
13. 2016-05-12
    listed $69,900
14. 2012-01-13
    soldstatus $27,500
15. 2011-12-13
    listed $32,000

ⓘ 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: $1,747 · $146/mo
• Projected year-2 tax: $1,848 · $154/mo
• Expected delta: +$102/yr (+$8/mo · 5.8%)

ⓘ 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 ≥100°F today · 18 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: $19,823
• − Mortgage interest: −$7,002
• − Property taxes: −$1,747
• − Insurance: −$625
• − Repairs & maintenance: −$1,586
• − Management: −$1,586
• − Depreciation: −$3,636
• Taxable income: $3,641
• Est. tax owed @ 24.0%: −$874
• After-tax cash flow: $4,548/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: Celina City
• NCES district ID: 3910030
• Math proficiency: 64% ▼ -9.00%
• Reading proficiency: 55% ▼ -9.00%
• Median HH income: $47,168
• Composite: 50.44/100
• National rank: #1864
• State rank: #299 of 656 in OH

Livability — Celina

• Score: 71/100
• State rank: #397
• US rank: #6556

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Celina, OH
• County: Mercer · 42,068 people
• Population (ZIP): 20,170
• Household income: $72,106
• Rent vs Own: 25.4% rent · 74.6% own
• Severe rent burden: 15.9

Population outlook (Mercer County) Hauer SSP2

• Today (2025): 40,163 people
• By 2030: 39,367 · -2.0%
• By 2040: 37,406 · -6.9%
• By 2050: 34,917 · -13.1%
• By 2075: 28,969 · -27.9%
• By 2100: 21,338 · -46.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Hispanic / Latino 2% Black 1%
• Common ancestry: Lithuanian 3% Slovak 1% Iranian 1%
• Foreign-born: 1% · Canada, Vietnam
• Languages at home: 98% English-only · German/W. Germanic 1%

Political lean MEDSL · Mercer

• 2024 margin: Solid R (+66.7) · D 16.3% · R 83.0%
• 2008→2024 swing: -23.2pp toward R · 2008: -43.5pp · 2024: -66.7pp
• All cycles: 2024: R+66.7 2020: R+64.9 2016: R+65.0 2012: R+54.8 2008: R+43.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -211.25%
• Current HPI: 204.0486
• 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

+353.1% since first listed

15 events — show timeline

• 2026-05-07 Sold (MLS) $145,000 Dayton MLS
• 2026-03-06 Contingent — Dayton MLS
• 2026-03-06 Pending — WRIST
• 2026-03-03 Listed $125,000 WRIST
• 2026-03-03 Listed $125,000 Dayton MLS
• 2020-03-03 Sold (Public Records) $74,000 Public Records
• 2020-02-28 Sold (MLS) $74,000 WCARE
• 2020-02-28 Sold (MLS) $74,000 WRIST
• 2019-11-11 Listed $80,000 WCARE
• 2019-11-11 Listed $80,000 WRIST
• 2016-07-29 Sold (Public Records) $64,000 Public Records
• 2016-07-15 Sold (MLS) $64,000 WRIST
• 2016-05-12 Listed $69,900 WRIST
• 2012-01-13 Sold (MLS) $27,500 WRIST
• 2011-12-13 Listed $32,000 WRIST

Property tax history

+6.5%/yr

Latest (2024): $1,747 · -0.1% YoY. Source: county tax records.