20 Taft St · Jackson, OH 45640

$75,000

3 bd · 1.0 ba · 928 sqft · SingleFamily public records · 4 Days on market

Built 1950 9,100 sqft lot Est $113k · 34% 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 +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.2/10.0
• Schools +5.1/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Adorable 3 bedroom 1 bath home located in a neighborhood close to shopping, schools and restaurants. Tons of potential with a 1 car detached garage and carport. Cash or Conventional loans only. Being sold as/is.

Key facts

• Close to schools
• Close to restaurants
• Carport

Tags

• DETACHED GARAGE
• CARPORT
• CLOSE TO SHOPPING
• CLOSE TO SCHOOLS
• CLOSE TO RESTAURANTS

Property features AI

Exterior

• Parking: Detached garage; Carport; One covered parking space (total 1 parking space)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story
• Construction: Built with vinyl siding; Asbestos shingle roof
• Exterior features: Covered patio/porch

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Three bedrooms on the main level
• Flooring: Carpet; Linoleum
• Bathrooms: One full bathroom
• Heating & cooling: Has heating (other type); No cooling
• Interior features: Gas water heater; Range; Refrigerator; Crawl space
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $196 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($839 rent vs $75k).
• Cap rate 9.4% vs local median 2.5% in Jackson — 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 66/100 on livability (#637 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A; Watch: health & safety C-, amenities F, commute F.
• Jackson City (town): math 58% / reading 64% proficiency, ranked #292 of 656 in OH (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 67 active listings in the ZIP; 32 units permitted in Jackson County in 2024 (0 in 5+ unit buildings).
• This rent is only 16% of the median local income ($63k/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 $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Jackson County population projected at -22% 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 $21k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $75,000

Questions for the listing agent

1. Built in 1950 — 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: 1.12% ✓
• Cap rate: 9.43%
• Cash-on-cash: 11.22%
• DSCR: 1.50
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $113,216
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
77 Taft St	0.03mi	3/1.0	900 (-3%)	9mo	$79,900	$89	86
12 E Vine St	0.40mi	2/1.0 (-1)	952 (+3%)	11mo	$160,000	$168	63
234 Mill St	0.41mi	2/1.0 (-1)	801 (-14%)	2mo	$150,000	$187	52
110 W Wood Ave	0.63mi	2/1.0 (-1)	840 (-10%)	4mo	$40,000	$48	47
3 Ohio St	0.34mi	2/1.0 (-1)	1,054 (+14%)	13mo	$129,000	$122	45

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: 0.4%
• Equity multiple: 1.02×
• Total profit: $334
• Equity at exit: $11,183

10-year hold

• IRR: 10.0%
• Equity multiple: 1.78×
• Total profit: $16,317
• Equity at exit: $6,485

Cash invested: $21,000 (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 45640

• Home prices YoY: -32.3%
• Active inventory: 67
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $839 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$42 /mo · $506/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$176
• Net cashflow: $196

Break-even live

Break-even rent $591

Max offer price $75,000

Occupancy floor 72%

Sensitivity live

Price	-10% $239	-5% $218	+0% $196	+5% $175	+10% $154
Rent	-10% $130	-5% $163	+0% $196	+5% $230	+10% $263
Rate	-1.0pp $234	-0.5pp $215	base $196	+0.5pp $177	+1.0pp $157

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-06-21
   statusdays on market $75,000 Pending 4 DOM
2. 2026-06-18
   days on market $75,000 Active 3 DOM
3. 2026-06-17
   days on market $75,000 Active 2 DOM
4. 2026-06-16
   remarks 211-char remark
5. 2026-06-16
   listed $75,000 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: $506 · $42/mo
• Projected year-2 tax: $838 · $70/mo
• Expected delta: +$332/yr (+$28/mo · 65.7%)

ⓘ 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 ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,072
• − Mortgage interest: −$4,201
• − Property taxes: −$506
• − Insurance: −$375
• − Repairs & maintenance: −$806
• − Management: −$806
• − Depreciation: −$2,182
• Taxable income: $1,197
• Est. tax owed @ 24.0%: −$287
• After-tax cash flow: $2,069/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: Jackson City
• NCES district ID: 3904415
• Math proficiency: 58% ▼ -18.00%
• Reading proficiency: 64% ▼ -8.00%
• Median HH income: $40,387
• Composite: 50.97/100
• National rank: #1781
• State rank: #292 of 656 in OH

Livability — Jackson

• Score: 66/100
• State rank: #637
• US rank: #11225

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Jackson · 32,540 people
• Population (ZIP): 16,360
• Household income: $62,813
• Rent vs Own: 28.1% rent · 71.9% own
• Severe rent burden: 12.2

Population outlook (Jackson County) Hauer SSP2

• Today (2025): 30,794 people
• By 2030: 29,535 · -4.1%
• By 2040: 26,757 · -13.1%
• By 2050: 23,897 · -22.4%
• By 2075: 17,115 · -44.4%
• By 2100: 10,908 · -64.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 2% Asian 1%
• Common ancestry: Slovak 2% Lithuanian 1% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · German/W. Germanic 1% Other Indo-European 1% Spanish 1%

Political lean MEDSL · Jackson

• 2024 margin: Solid R (+58.1) · D 20.7% · R 78.8%
• 2008→2024 swing: -37.9pp toward R · 2008: -20.2pp · 2024: -58.1pp
• All cycles: 2024: R+58.1 2020: R+54.1 2016: R+48.9 2012: R+20.8 2008: R+20.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.17%
• Current HPI: 218.1692
• 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

1 event — show timeline

• 2026-06-16 Listed $75,000 SVAR

Property tax history

+2.2%/yr

Latest (2025): $506 · +3.5% YoY. Source: county tax records.