57869 Main St · Martins Ferry, OH 43935

$78,000

2 bd · 1.0 ba · 780 sqft · SingleFamily public records · 251 Days on market

Built 1900 8,276 sqft lot $100/sqft · 54% below area

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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 +24.8/30.0
• DSCR +8.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.6/10.0
• Schools +4.0/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 2-bedroom, 1-bath home situated on a spacious corner lot. Located in the country, yet just a short drive into town, this property offers the best of both worlds—peaceful rural living with nearby convenience. Inside, you'll find a cozy layout perfect for those just starting out, looking to downsize, or anyone in need of flexible living space. Don’t miss this great opportunity to own a move-in ready home!

Key facts

• 8,276 sq ft lot
• Built 1900
• Listed 250 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $78k.

Deal economics

• At list price, monthly cash flow is $109 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($829 rent vs $78k).
• Recommended offer: $69k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 71/100 on livability (#423 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: amenities F, commute F, employment F.
• Martins Ferry City (suburban): math 42% / reading 54% proficiency, ranked #483 of 656 in OH (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 32 active listings in the ZIP; 4 units permitted in Belmont County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $539 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Belmont 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 251 days — a 12% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 13y ago; this cycle's ask has dropped $6k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $68,640 (12.0% below list)

Questions for the listing agent

1. It's been on market 251 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. Schools are B-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?
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 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: 1.06% ✓
• Cap rate: 8.82%
• Cash-on-cash: 9.02%
• DSCR: 1.40
• GRM: 7.8

CMA / ARV

• ARV (median comp): $163,579
• List price: $78,000
• Delta: -52.32%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
57725 Nixon Run Rd	0.56mi	2/2.0	896 (+15%)	15mo	$132,800	$148	33

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: -7.1%
• Equity multiple: 0.74×
• Total profit: $-5,705
• Equity at exit: $11,630

10-year hold

• IRR: 2.6%
• Equity multiple: 1.18×
• Total profit: $4,009
• Equity at exit: $6,744

Cash invested: $21,840 (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 43935

• Home prices YoY: -12.7%
• Active inventory: 32
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $829 medium
• Mortgage (P&I): −$409
• Tax from tax record: −$49 /mo · $590/yr
• Insurance: −$32
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$174
• Net cashflow: $109

Break-even live

Break-even rent $691

Max offer price $78,000

Occupancy floor 82%

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: $19,500
• Closing costs: $2,340
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-19
   days on market $78,000 Active 251 DOM
2. 2026-06-18
   days on market $78,000 Active 250 DOM
3. 2026-06-17
   days on market $78,000 Active 249 DOM
4. 2026-06-16
   days on market $78,000 Active 248 DOM
5. 2026-06-15
   days on market $78,000 Active 247 DOM
6. 2026-06-14
   days on market $78,000 Active 245 DOM
7. 2026-06-12
   days on market $78,000 Active 244 DOM
8. 2026-06-09
   days on market $78,000 Active 241 DOM
9. 2026-06-08
   days on market $78,000 Active 240 DOM
10. 2026-06-07
    days on market $78,000 Active 239 DOM
11. 2026-06-05
    days on market $78,000 Active 236 DOM
12. 2026-06-03
    days on market $78,000 Active 235 DOM
13. 2026-06-02
    days on market $78,000 Active 234 DOM
14. 2026-06-01
    days on market $78,000 Active 233 DOM
15. 2026-05-31
    days on market $78,000 Active 232 DOM
16. 2026-05-30
    days on market $78,000 Active 231 DOM
17. 2026-03-20
    price $78,000 443-char remark

    Show marketing remark (443 chars)

    Welcome to this charming 2-bedroom, 1-bath home situated on a spacious corner lot. Located in the country, yet just a short drive into town, this property offers the best of both worlds—peaceful rural living with nearby convenience. Inside, you'll find a cozy layout perfect for those just starting out, looking to downsize, or anyone in need of flexible living space. Don’t miss this great opportunity to own a move-in ready home!

18. 2026-03-11
    status Active 443-char remark

    Show marketing remark (443 chars)

    Welcome to this charming 2-bedroom, 1-bath home situated on a spacious corner lot. Located in the country, yet just a short drive into town, this property offers the best of both worlds—peaceful rural living with nearby convenience. Inside, you'll find a cozy layout perfect for those just starting out, looking to downsize, or anyone in need of flexible living space. Don’t miss this great opportunity to own a move-in ready home!

19. 2025-10-19
    price $81,000 443-char remark

    Show marketing remark (443 chars)

    Welcome to this charming 2-bedroom, 1-bath home situated on a spacious corner lot. Located in the country, yet just a short drive into town, this property offers the best of both worlds—peaceful rural living with nearby convenience. Inside, you'll find a cozy layout perfect for those just starting out, looking to downsize, or anyone in need of flexible living space. Don’t miss this great opportunity to own a move-in ready home!

20. 2025-09-26
    listed $84,000 Active 443-char remark

    Show marketing remark (443 chars)

    Welcome to this charming 2-bedroom, 1-bath home situated on a spacious corner lot. Located in the country, yet just a short drive into town, this property offers the best of both worlds—peaceful rural living with nearby convenience. Inside, you'll find a cozy layout perfect for those just starting out, looking to downsize, or anyone in need of flexible living space. Don’t miss this great opportunity to own a move-in ready home!

21. 2024-05-01
    soldstatus $97,333
22. 2024-04-25
    soldstatus $73,000 Closed 374-char remark

    Show marketing remark (374 chars)

    Let’s check out this cozy two-story with two bedrooms and one updated full bath. Two bedrooms on the top floor and one potential in the basement if needed. The home has a newer furnace, newer hot water tank, updated, electric, and new windows. This house is move-in ready. The yard is fenced in. It is conveniently located 2 miles from Route seven. Check it out today.

23. 2024-04-23
    status Pending 374-char remark

    Show marketing remark (374 chars)

    Let’s check out this cozy two-story with two bedrooms and one updated full bath. Two bedrooms on the top floor and one potential in the basement if needed. The home has a newer furnace, newer hot water tank, updated, electric, and new windows. This house is move-in ready. The yard is fenced in. It is conveniently located 2 miles from Route seven. Check it out today.

24. 2024-02-06
    historical Contingent 374-char remark

    Show marketing remark (374 chars)

    Let’s check out this cozy two-story with two bedrooms and one updated full bath. Two bedrooms on the top floor and one potential in the basement if needed. The home has a newer furnace, newer hot water tank, updated, electric, and new windows. This house is move-in ready. The yard is fenced in. It is conveniently located 2 miles from Route seven. Check it out today.

25. 2023-12-15
    listed $80,000 Active 374-char remark

    Show marketing remark (374 chars)

    Let’s check out this cozy two-story with two bedrooms and one updated full bath. Two bedrooms on the top floor and one potential in the basement if needed. The home has a newer furnace, newer hot water tank, updated, electric, and new windows. This house is move-in ready. The yard is fenced in. It is conveniently located 2 miles from Route seven. Check it out today.

26. 2021-12-02
    status Pending
27. 2021-11-30
    soldstatus $34,000 Closed
28. 2021-10-25
    historical Contingent
29. 2021-08-13
    listed $39,900 Active
30. 2013-08-12
    soldstatus $19,900
31. 2013-02-27
    listed $19,900

ⓘ 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: $590 · $49/mo
• Projected year-2 tax: $904 · $75/mo
• Expected delta: +$313/yr (+$26/mo · 53.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 19 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

Taxation est. · year 1

• Rental income: $9,948
• − Mortgage interest: −$4,369
• − Property taxes: −$590
• − Insurance: −$1,056
• − Repairs & maintenance: −$796
• − Management: −$796
• − Depreciation: −$2,269
• Taxable income: $71
• Est. tax owed @ 24.0%: −$17
• After-tax cash flow: $1,286/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: Martins Ferry City
• NCES district ID: 3904434
• Math proficiency: 42% ▼ -23.00%
• Reading proficiency: 54% ▼ -9.00%
• Median HH income: $37,566
• Composite: 39.89/100
• National rank: #3859
• State rank: #483 of 656 in OH

Livability — Martins Ferry

• Score: 71/100
• State rank: #423
• US rank: #6917

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Belmont · 63,139 people
• Metro: Wheeling, WV-OH
• Population (ZIP): 7,918
• Household income: $50,109
• Rent vs Own: 35.0% rent · 65.0% own
• Severe rent burden: 2.2

Population outlook (Belmont County) Hauer SSP2

• Today (2025): 66,568 people
• By 2030: 64,818 · -2.6%
• By 2040: 60,702 · -8.8%
• By 2050: 56,427 · -15.2%
• By 2075: 46,222 · -30.6%
• By 2100: 34,611 · -48.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Two or more races 8% Black 5% Asian 3%
• Common ancestry: Romanian 4% Serbian 1% Lithuanian 1%
• Foreign-born: 2% · China
• Languages at home: 98% English-only · Spanish 1% Chinese 1% German/W. Germanic 1%

Political lean MEDSL · Belmont

• 2024 margin: Solid R (+47.3) · D 26.0% · R 73.3%
• 2008→2024 swing: -50.0pp toward R · 2008: 2.7pp · 2024: -47.3pp
• All cycles: 2024: R+47.3 2020: R+43.6 2016: R+39.5 2012: R+8.4 2008: D+2.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -25.06%
• Current HPI: 172.1787
• 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

+292.0% since first listed

15 events — show timeline

• 2026-03-20 Price Changed $78,000 MLSNOW
• 2026-03-11 Relisted — MLSNOW
• 2025-10-19 Price Changed $81,000 MLSNOW
• 2025-09-26 Listed $84,000 MLSNOW
• 2024-05-01 Sold (Public Records) $97,333 Public Records
• 2024-04-25 Sold (MLS) $73,000 MLSNOW
• 2024-04-23 Pending — MLSNOW
• 2024-02-06 Contingent — MLSNOW
• 2023-12-15 Listed $80,000 MLSNOW
• 2021-12-02 Pending — MLSNOW
• 2021-11-30 Sold (MLS) $34,000 MLSNOW
• 2021-10-25 Contingent — MLSNOW
• 2021-08-13 Listed $39,900 MLSNOW
• 2013-08-12 Sold (MLS) $19,900 MLSNOW
• 2013-02-27 Listed $19,900 MLSNOW

Property tax history

+3.9%/yr

Latest (2025): $590 · +4.9% YoY. Source: county tax records.