4708 Venice Heights Blvd #204 · Sandusky, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C 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 +17.9/30.0
- ARV discount +15.0/15.0
- 1% rule +6.3/10.0
- DSCR +5.6/10.0
- Livability +4.2/5.0
- Rent growth +2.5/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$139,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
IMPROVED PRICE! What are you waiting for? Quiet views and nature. Motivated sellers! Sellers just did some more updates! THIS IS AN AMAZING CONDO!! Go take a look!!! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! NEW CARPET AND COSMETIC UPDATES! New intercom system. Newly Painted bedrooms! LARGE CONDO! 1508 Sq Ft!!! Amazing Space. Don't miss out on this opportunity. 50 and over community! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway!Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
Key facts
- Best floor plan
- Newer flooring
- Gathering room
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $140k.
Deal economics
- At list price, monthly cash flow is $119 ($1k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $140k).
- Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.3% vs local median 6.1% in Sandusky — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 83/100 on livability (#63 in OH, #929 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D-, employment F.
- Sandusky City (town): math 24% / reading 37% proficiency, ranked #583 of 656 in OH (top 89%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: The Sandusky Intermediate School (math 26% / reading 38%, grade F, #1,135 of 1,584 statewide, top 73%, 909 students, 0% FRL); Sandusky Middle School (math 25% / reading 32%, grade F, #580 of 654 statewide, top 89%, 468 students, 0% FRL); Sandusky High School (math 17% / reading 41%, grade F, #627 of 781 statewide, top 81%, 1,004 students, 0% FRL) — zoned schools average 0% FRL vs 71% district-wide (71 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: 212 active listings in the ZIP; 128 units permitted in Erie County in 2024 (5 in 5+ unit buildings).
- This rent runs 31% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Erie County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
Negotiation context
- It's been on market 366 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $29k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $62k; list at $140k implies a 126% gain — meaningful room to come down on a strong offer.
Questions for the listing agent
- It's been on market 366 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.13% ✓
- Cap rate
- 7.31%
- Cash-on-cash
- 3.64%
- DSCR
- 1.16
- GRM
- 7.4
CMA / ARV
- ARV (median comp)
- $168,678
- List price
- $139,900
- Delta
- -17.06%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -10.5%
- Equity multiple
- 0.62×
- Total profit
- $-14,975
- Equity at exit
- $20,860
- IRR
- -1.0%
- Equity multiple
- 0.93×
- Total profit
- $-2,784
- Equity at exit
- $12,096
Cash invested: $39,172 (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
ZIP-level market 44870
- Active inventory
- 212
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $1,583 medium interval (Pro) →
- Mortgage (P&I)
- −$734
- Tax from tax record
- −$140 /mo · $1,682/yr
- Insurance
- −$58
- HOA
- −$200
- Vacancy / Maint / Mgmt
- −$333
- Net cashflow
- $119
Break-even live
Sensitivity live
| Price | -10% $198 | -5% $158 | +0% $119 | +5% $79 | +10% $40 |
|---|---|---|---|---|---|
| Rent | -10% $-6 | -5% $56 | +0% $119 | +5% $181 | +10% $244 |
| Rate | -1.0pp $189 | -0.5pp $154 | base $119 | +0.5pp $83 | +1.0pp $46 |
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
- $34,975
- Closing costs
- $4,197
- 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.
HOA detail condo
- Monthly dues
- $200 · $2,400/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 17 events
-
2026-06-02days on market $139,900 Active 366 DOM
-
2026-06-01days on market $139,900 Active 365 DOM
-
2026-05-31days on market $139,900 Active 364 DOM
-
2026-05-30days on market $139,900 Active 363 DOM
-
2026-02-26price $139,900 1242-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2026-02-26price $139,900 1138-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-11-23price $144,900 1138-char remark
Show marketing remark (1242 chars)
IMPROVED PRICE! What are you waiting for? Quiet views and nature. Motivated sellers! Sellers just did some more updates! THIS IS AN AMAZING CONDO!! Go take a look!!! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! NEW CARPET AND COSMETIC UPDATES! New intercom system. Newly Painted bedrooms! LARGE CONDO! 1508 Sq Ft!!! Amazing Space. Don't miss out on this opportunity. 50 and over community! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway!Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-11-23price $144,900 1242-char remark
Show marketing remark (1242 chars)
IMPROVED PRICE! What are you waiting for? Quiet views and nature. Motivated sellers! Sellers just did some more updates! THIS IS AN AMAZING CONDO!! Go take a look!!! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! NEW CARPET AND COSMETIC UPDATES! New intercom system. Newly Painted bedrooms! LARGE CONDO! 1508 Sq Ft!!! Amazing Space. Don't miss out on this opportunity. 50 and over community! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway!Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-09-10price $149,900 1242-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-09-10price $149,900 1138-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-08-22price $154,900 1242-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-08-22price $154,900 1138-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-06-28price $159,000 1242-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-06-28price $159,000 1138-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-06-01$168,900 Active 1242-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
-
2025-06-01$168,900 Active 1138-char remark
Show marketing remark (1138 chars)
PRICE CHANGE!! THIS IS AN AMAZING CONDO!! Go take a look!! NEW CARPET! AND SOME COSMETIC UPDATES!! NEWLY PAINTED! New intercom system. LARGE CONDO! Amazing Space. Don't miss out on this opportunity. Motivated sellers. 50 and over community! Close to RT 2, Lake Erie and Cedar Point. Quick escape to the Lake Erie Islands. Perfect home and area to enjoy a new phase in life! It's time to explore the possibilities and opportunities! 2nd floor condo -which includes a chair lift for residents on back stairway! Quiet private area. BEST floor plan in the building, with the most spacious square footage in the building. Your canvas is here, Its ready for your touch, your own picture to paint and call it yours. Newer flooring in most rooms. 3 bedrooms and 2 full bath condo. 2nd floor with available chair lift, if and when needed. 1 car garage. Laundry is 2 doors away from the unit OR take the opportunity and add your own laundry room directly in your own unit. Enjoy the gathering room on 1st floor and a large outside community patio to enjoy the backyard view. Sellers are willing to provide help with buyer closing costs.
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1996-04-30soldstatus $62,000
ⓘ 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
- $1,682 · $140/mo
- Projected year-2 tax
- $1,932 · $161/mo
- Expected delta
- +$250/yr (+$21/mo · 14.9%)
ⓘ 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 ≥97°F today · 16 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,001
- − Mortgage interest
- −$7,837
- − Property taxes
- −$1,682
- − Insurance
- −$700
- − Repairs & maintenance
- −$1,520
- − Management
- −$1,520
- − HOA
- −$2,400
- − Depreciation
- −$4,070
- Taxable loss
- −$726
- Est. tax savings @ 24.0%
- +$174
- After-tax cash flow
- $1,600/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
- Sandusky City
- NCES district ID
- 3904474
- Math proficiency
- 24% ▼ -17.00%
- Reading proficiency
- 37% ▼ -9.00%
- Median HH income
- $34,583
- Composite
- 25.1/100
- National rank
- #7532
- State rank
- #583 of 656 in OH
Livability — Sandusky
- Score
- 83/100
- State rank
- #63
- US rank
- #929
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Sandusky, OH
- County
- Erie County · 39,883 people
- City population
- 39,883
- Metro
- Sandusky, OH
- Population (ZIP)
- 39,883
- Household income
- $62,082
- Rent vs Own
- Severe rent burden
- 1602.0
Population outlook (Erie County) Hauer SSP2
- Today (2025)
- 73,204 people
- By 2030
- 71,341 · -2.5%
- By 2040
- 66,771 · -8.8%
- By 2050
- 62,512 · -14.6%
- By 2075
- 56,154 · -23.3%
- By 2100
- 49,045 · -33.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (72%)
- Race & ethnicity
- White 72% Black 15% Two or more races 8% Hispanic / Latino 5%
- Common ancestry
- Romanian 3% Slovak 2% Subsaharan African 1%
- Foreign-born
- 1% · Canada
- Languages at home
- 96% English-only · Spanish 2%
Political lean MEDSL · Erie
- 2024 margin
- R (+14.1) · D 42.5% · R 56.6%
- 2008→2024 swing
- -28.0pp toward R · 2008: 13.9pp · 2024: -14.1pp
- All cycles
- 2024: R+14.1 2020: R+11.6 2016: R+9.8 2012: D+11.3 2008: D+13.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -151.99%
- Current HPI
- 209.6383
- Rent YoY
- —
- Metro
- Sandusky, OH
- 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
+125.6% since first listed13 events — show timeline
- 2026-02-26 Price Changed $139,900 FAOR
- 2026-02-26 Price Changed $139,900 MLSNOW
- 2025-11-23 Price Changed $144,900 MLSNOW
- 2025-11-23 Price Changed $144,900 FAOR
- 2025-09-10 Price Changed $149,900 FAOR
- 2025-09-10 Price Changed $149,900 MLSNOW
- 2025-08-22 Price Changed $154,900 FAOR
- 2025-08-22 Price Changed $154,900 MLSNOW
- 2025-06-28 Price Changed $159,000 FAOR
- 2025-06-28 Price Changed $159,000 MLSNOW
- 2025-06-01 Listed $168,900 FAOR
- 2025-06-01 Listed $168,900 MLSNOW
- 1996-04-30 Sold (Public Records) $62,000 Public Records
Property tax history
+6.7%/yrLatest (2025): $1,682 · +31.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…