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12710 Lisbon St SE
A- Composite 80.31
Why this score? — see what drove the A- 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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.8/10.0
  • Livability +3.1/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$49,000

12710 Lisbon St SE · Robertsville, OH 44669
3 bd · 2.0 ba · 980 sqft · Manufactured · 9 Days on market
Built 2001 0.83 ac lot

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

Listing remarks

Welcome to country living! The mobile home sits on approximately . 80 acre with a fenced in area for kids, pets, or a garden area. The home was constructed around 2002 with just under 1,000 square feet and is move-in ready with 3 bedrooms/2 baths with a split bedroom design meaning one bedroom on one side and the other 2 bedrooms on the opposite end. There is a nicely sized living room and kitchen along with a mudroom area when entering the home from the front walk. The bonus is the 2 full baths plus a shed. Don't hesitate on your chance to own this one! This will need to be a cash sale. The adjacent ranch home on a separate parcel at 12722 Lisbon is also for sale and can be purchased as a

Key facts

  • Hardwood flooring
  • Walk-up access
  • Eat-in kitchen

Tags

PARTIALLY FINISHED BASEMENTWALK-UP ACCESSHARDWOOD FLOORINGEAT-IN KITCHENSLIDING DOORSLUSH LANDSCAPING

Property features AI

Exterior

  • Parking: Driveway (unpaved); One covered carport space
  • Utilities: Septic tank; Shared well
  • Home design: Single-story home
  • Construction: Vinyl siding; Asphalt/fiberglass roof
  • Exterior features: Full chain-link fencing; Yard shed(s)

Interior

  • Bedrooms: Three main-level bedrooms
  • Bathrooms: Two full bathrooms on the main level
  • Heating & cooling: Heat pump heating; Central air conditioning
  • Interior features: Main-level living; Estimated 980 above-grade finished area
  • Laundry & utility: Laundry on the main level

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $49k.

Deal economics

  • At list price, monthly cash flow is $467 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($975 rent vs $49k).

Location & tenants

  • Location reads 61/100 on livability (#944 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: employment D+, crime D, amenities F.
  • Minerva Local (town): math 55% / reading 57% proficiency, ranked #352 of 656 in OH (top 54%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: 6 active listings in the ZIP; solid renter incomes; 528 units permitted in Stark County in 2024 (84 in 5+ unit buildings).
  • This rent is only 15% of the median local income ($79k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

  • In year one you build about $5k of equity ($339 loan paydown + $5k appreciation (10.0% local appreciation)).
  • Stark County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 6, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
  • Current owner paid $8k; list at $49k implies a 512% gain — meaningful room to come down on a strong offer.
Recommended offer $49,000

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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?
  3. 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.
  4. 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.
  5. 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
1.99%
Cap rate
17.73%
Cash-on-cash
40.86%
DSCR
2.82
GRM
4.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
55.9%
Equity multiple
5.11×
Total profit
$56,434
Equity at exit
$44,143
10-year hold
IRR
49.4%
Equity multiple
11.41×
Total profit
$142,775
Equity at exit
$95,196

Cash invested: $13,720 (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 44669

Home prices YoY
5.3%
Active inventory
6
Price-to-rent
4.2×

Monthly cashflow live

Estimated rent
$975 medium interval (Pro) →
Mortgage (P&I)
$257
Tax from tax record
$26 /mo · $308/yr
Insurance
$20
HOA
$0
Vacancy / Maint / Mgmt
$205
Net cashflow
$467

Break-even live

Break-even rent $384
Max offer price $49,000
Occupancy floor 47%

Sensitivity live

Price -10% $495 -5% $481 +0% $467 +5% $453 +10% $439
Rent -10% $390 -5% $429 +0% $467 +5% $506 +10% $544
Rate -1.0pp $492 -0.5pp $480 base $467 +0.5pp $454 +1.0pp $442

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
$12,250
Closing costs
$1,470
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 8 events

  1. 2026-06-18
    days on market $49,000 Active 9 DOM
  2. 2026-06-17
    days on market $49,000 Active 8 DOM
  3. 2026-06-16
    days on market $49,000 Active 7 DOM
  4. 2026-06-15
    days on market $49,000 Active 6 DOM
  5. 2026-06-14
    days on market $49,000 Active 4 DOM
  6. 2026-06-13
    days on market $49,000 Active 3 DOM
  7. 2026-06-10
    remarks 699-char remark
  8. 2026-06-10
    listed $49,000 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
$308 · $26/mo
Projected year-2 tax
$536 · $45/mo
Expected delta
+$228/yr (+$19/mo · 74.1%)

ⓘ 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 · 17 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 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
$11,699
− Mortgage interest
−$2,745
− Property taxes
−$308
− Insurance
−$245
− Repairs & maintenance
−$936
− Management
−$936
− Depreciation
−$1,425
Taxable income
$5,104
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,225
After-tax cash flow
$4,381/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
Minerva Local
NCES district ID
3904989
Math proficiency
55% ▼ -14.00%
Reading proficiency
57% ▼ -8.00%
Median HH income
$48,153
Composite
47.58/100
National rank
#2263
State rank
#352 of 656 in OH

Livability — Robertsville

Score
61/100
State rank
#944
US rank
#18216

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Stark · 366,688 people
City population
155
Metro
Canton-Massillon, OH
Population (ZIP)
1,889
Household income
$79,485
Rent vs Own
27.8% rent · 72.2% own

Population outlook (Stark County) Hauer SSP2

Today (2025)
373,708 people
By 2030
371,245 · -0.7%
By 2040
361,331 · -3.3%
By 2050
345,290 · -7.6%
By 2075
302,669 · -19.0%
By 2100
238,870 · -36.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (98%)
Race & ethnicity
White 98% Two or more races 2%
Common ancestry
Italian 12% Scotch-Irish 3% Slovak 3%

Political lean MEDSL · Stark

2024 margin
Strong R (+21.9) · D 38.6% · R 60.5%
2008→2024 swing
-27.4pp toward R · 2008: 5.5pp · 2024: -21.9pp
All cycles
2024: R+21.9 2020: R+18.5 2016: R+17.4 2012: R+0.4 2008: D+5.5

Not yet ingested

Civics

Market trends

HPI YoY
▲ 13.10%
Current HPI
262.0882
Rent YoY
Metro
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+512.5% since first listed
2 events — show timeline
  • 2026-06-09 Listed $49,000 MLSNOW
  • 1990-10-29 Sold (Public Records) $8,000 Public Records

Property tax history

+1.8%/yr

Latest (2024): $308 · +6.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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