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4708 Venice Heights Blvd #204
C Composite 56.54
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

4708 Venice Heights Blvd #204 · Sandusky, OH 44870
3 bd · 2.0 ba · 1,508 sqft · Condo public records · 366 Days on market
Built 1981 $93/sqft · 17% below area Est $169k · 17% under $200/mo HOA · 13% of rent

🖨 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

QUIET PRIVATE AREABEST FLOOR PLANNEWER FLOORINGGATHERING ROOMLARGE OUTSIDE COMMUNITY PATIOBACKYARD VIEW

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 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.
Recommended offer $123,112 (12.0% below list)

Questions for the listing agent

  1. 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?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. 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?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. 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

5-year hold
IRR
-10.5%
Equity multiple
0.62×
Total profit
$-14,975
Equity at exit
$20,860
10-year hold
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
3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

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

Break-even rent $1,433
Max offer price $139,900
Occupancy floor 87%

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

  1. 2026-06-02
    days on marketlisting id $139,900 Active 366 DOM
  2. 2026-06-01
    days on market $139,900 Active 365 DOM
  3. 2026-05-31
    days on market $139,900 Active 364 DOM
  4. 2026-05-30
    days on market $139,900 Active 363 DOM
  5. 2026-02-26
    price $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.

  6. 2026-02-26
    price $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.

  7. 2025-11-23
    price $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.

  8. 2025-11-23
    price $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.

  9. 2025-09-10
    price $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.

  10. 2025-09-10
    price $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.

  11. 2025-08-22
    price $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.

  12. 2025-08-22
    price $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.

  13. 2025-06-28
    price $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.

  14. 2025-06-28
    price $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.

  15. 2025-06-01
    listed $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.

  16. 2025-06-01
    listed $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.

  17. 1996-04-30
    soldstatus $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
combined federal + state — saved on this device
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

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

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
39.1% rent · 60.9% 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

Price history

+125.6% since first listed
13 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%/yr

Latest (2025): $1,682 · +31.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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