7260 Osceola Dr · Madeira, OH 45243

$239,000

3 bd · 1.0 ba · 1,244 sqft · SingleFamily public records · 10 Days on market

Built 1946 7,013 sqft lot Est $391k · 39% under

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Why this score? — see what drove the D+ 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).

• ARV discount +15.0/15.0
• Cash flow +10.5/30.0
• Schools +7.6/10.0
• Livability +4.3/5.0
• 1% rule +3.4/10.0
• DSCR +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Best Buy In Madeira! Handyman Special With Newer Siding And Roof. Fenced Yd W/Storage Area. A Must See For The 1st Time Buyer Or Turnaround Investor. A Little Elbow Grease A Big Payback.

Key facts

• Working furnace
• Quality build
• 7,013 sq ft lot

Tags

• WORKING FURNACE
• QUALITY BUILD
• SOUGHT-AFTER NEIGHBORHOOD

Property features AI

Finance

• Other: Zoned residential; Lease not considered
• HOA & community: No HOA

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Natural gas
• Home design: Cape Cod style; Single family home; One level
• Construction: Aluminum siding; Shingle roof; Poured foundation
• Exterior features: In-ground pool; Vinyl windows

Interior

• Kitchen: Kitchen approximately 10 x 12
• Bedrooms: 3 bedrooms total; Primary bedroom on level 1 (11 x 14); Bedroom 2 on level 2 (10 x 12); Bedroom 3 on level 2 (12 x 12)
• Bathrooms: 2 full bathrooms; Full bathroom on level 1; Full bathroom in basement; Primary bathroom described as 'Other'
• Heating & cooling: Gas heating; Central air conditioning; Gas water heating
• Interior features: Full basement; 3 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $-122 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $217k (9.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $202k (15.6% below list).
• Recommended offer: $202k (15.6% below list) — sets the bar for 1% rule.
• Cap rate 5.7% vs local median 3.0% in Madeira — 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 86/100 on livability (#36 in OH, #347 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, employment A+; Watch: amenities C-, commute D+.
• Madeira City (suburban): math 82% / reading 90% proficiency, ranked #13 of 656 in OH (top 2%) — strong family-tenant draw, lease renewals of 3-5y typical; only 6% free/reduced lunch — higher-income household profile.
• Market conditions: 37 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 801 units permitted in Hamilton County in 2024 (190 in 5+ unit buildings).
• This rent is only 14% of the median local income ($170k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 29y ago; this cycle's ask has dropped $36k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $66k; list at $239k implies a 265% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $201,788 (15.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.84% ✗
• Cap rate: 5.68%
• Cash-on-cash: -2.19%
• DSCR: 0.90
• GRM: 9.9

CMA / ARV

• ARV (on-the-fly): $390,616
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7265 Rita Ln	0.17mi	2/1.0 (-1)	1,269 (+2%)	6mo	$308,500	$243	78
7287 Rita Ln	0.25mi	3/2.0	1,258 (+1%)	8mo	$350,000	$278	75
7237 Osceola Dr	0.11mi	3/1.5	1,382 (+11%)	2mo	$345,000	$250	72
7293 Jethve Ln	0.37mi	2/1.5 (-1)	1,232 (-1%)	10mo	$390,000	$317	66
8246 Camargo Rd	0.41mi	2/1.0 (-1)	1,200 (-4%)	13mo	$292,000	$243	59
7231 Osceola Dr	0.14mi	2/1.5 (-1)	1,124 (-10%)	14mo	$359,900	$320	59
7244 Jethve Ln	0.32mi	3/1.5	1,123 (-10%)	10mo	$400,000	$356	58
7806 Locust Ln	0.49mi	4/2.0 (+1)	1,258 (+1%)	10mo	$386,000	$307	58
7251 Miami Ave	0.53mi	3/2.0	1,192 (-4%)	9mo	$500,000	$419	57
7305 Thomas Dr	0.32mi	3/1.0	1,348 (+8%)	17mo	$315,000	$234	57
7821 Greenbriar Ln	0.56mi	3/1.0	1,149 (-8%)	6mo	$375,000	$326	56
7141 Wallace Ave	0.71mi	4/2.0 (+1)	1,258 (+1%)	10mo	$395,000	$314	48

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: -19.9%
• Equity multiple: 0.31×
• Total profit: $-46,426
• Equity at exit: $35,636

10-year hold

• IRR: -12.7%
• Equity multiple: 0.25×
• Total profit: $-50,144
• Equity at exit: $20,664

Cash invested: $66,920 (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 45243

• Active inventory: 37
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,018 medium
• Mortgage (P&I): −$1,253
• Tax from tax record: −$363 /mo · $4,358/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$424
• Net cashflow: $-122

Break-even live

Break-even rent $2,172

Max offer price $217,455

Occupancy floor —

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7228 Osceola Dr Cincinnati, OH	3.0	1.0	1300	$1,800	$1.38	43d	1	0.17mi
7214 Osceola Dr Cincinnati, OH	3.0	1.0	1202	$2,100	$1.75	2d	1	0.23mi
5701 Kugler Mill Rd Cincinnati, OH	2.0–3.0	2.0–2.5	1630	$3,724	$2.28	1d	30	1.43mi

Listing history 10 events

1. 2026-06-15
   days on market $239,000 Active 10 DOM
2. 2026-06-13
   days on market $239,000 Active 8 DOM
3. 2026-06-13
   pricedays on market $239,000 Active 7 DOM
4. 2026-06-09
   days on market $249,000 Active 4 DOM
5. 2026-06-08
   days on market $249,000 Active 3 DOM
6. 2026-06-07
   pricedays on marketlisting id $249,000 Active 2 DOM
7. 2026-05-22
   listed $275,000 Active
8. 1998-04-20
   soldstatus $65,500
9. 1998-04-16
   soldstatus $65,500 186-char remark

   Show marketing remark (186 chars)

   Best Buy In Madeira! Handyman Special With Newer Siding And Roof. Fenced Yd W/Storage Area. A Must See For The 1st Time Buyer Or Turnaround Investor. A Little Elbow Grease A Big Payback.

10. 1997-11-29
    listed $67,450 186-char remark

    Show marketing remark (186 chars)

    Best Buy In Madeira! Handyman Special With Newer Siding And Roof. Fenced Yd W/Storage Area. A Must See For The 1st Time Buyer Or Turnaround Investor. A Little Elbow Grease A Big Payback.

ⓘ 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: $4,358 · $363/mo
• Projected year-2 tax: $4,358 · $363/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥102°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,215
• − Mortgage interest: −$13,388
• − Property taxes: −$4,358
• − Insurance: −$1,195
• − Repairs & maintenance: −$1,937
• − Management: −$1,937
• − Depreciation: −$6,953
• Taxable loss: −$5,553
• Est. tax savings @ 24.0%: +$1,333
• After-tax cash flow: $-131/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: Madeira City
• NCES district ID: 3904428
• Math proficiency: 82% ▼ -10.00%
• Reading proficiency: 90% ▼ -4.00%
• Median HH income: $87,380
• Composite: 76.18/100
• National rank: #112
• State rank: #13 of 656 in OH

Livability — Madeira

• Score: 86/100
• State rank: #36
• US rank: #347

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Madeira, OH
• County: Hamilton · 838,887 people
• Metro: Cincinnati, OH-KY-IN
• Population (ZIP): 15,958
• Household income: $170,006
• Rent vs Own: 11.4% rent · 88.6% own
• Severe rent burden: 16.3

Population outlook (Hamilton County) Hauer SSP2

• Today (2025): 826,054 people
• By 2030: 830,947 · +0.6%
• By 2040: 832,319 · +0.8%
• By 2050: 822,428 · -0.4%
• By 2075: 788,688 · -4.5%
• By 2100: 710,674 · -14.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Asian 5% Two or more races 4% Black 4% Hispanic / Latino 3%
• Common ancestry: Slovak 3% Iranian 2% Italian 2%
• Foreign-born: 9% · Canada, China
• Languages at home: 90% English-only · Other Indo-European 3% Spanish 2% Other Asian/Pacific 1%

Political lean MEDSL · Hamilton

• 2024 margin: D (+14.9) · D 57.0% · R 42.1%
• 2008→2024 swing: +7.9pp toward D · 2008: 7.0pp · 2024: 14.9pp
• All cycles: 2024: D+14.9 2020: D+15.9 2016: D+9.5 2012: D+4.9 2008: D+7.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -373.87%
• Current HPI: 228.6611
• 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

+307.7% since first listed

4 events — show timeline

• 2026-05-22 Listed $275,000 Cincy MLS
• 1998-04-20 Sold (Public Records) $65,500 Public Records
• 1998-04-16 Sold (MLS) $65,500 Cincy MLS
• 1997-11-29 Listed $67,450 Cincy MLS

Property tax history

+6.2%/yr

Latest (2025): $4,358 · +2.4% YoY. Source: county tax records.