4002 Radnor Rd · Radnor, OH 43066

$1

3 bd · 1.5 ba · 1,413 sqft · SingleFamily public records · 36 Days on market

Built 1901 Fair condition 2.76 ac lot

---

Why this score? — see what drove the F 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 +7.9/30.0
• ARV discount +7.5/15.0
• Schools +5.6/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• 1% rule +2.4/10.0
• Condition / age +2.2/5.0
• DSCR +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Auction June 18th at 6PM - Set on a spacious 2.5+ acre corner lot in Radnor, this 3-bedroom, 1.5-bath home offers the perfect blend of comfort and country living. Relax on the large front porch while taking in the peaceful rural surroundings, with plenty of room to expand, entertain, or simply enjoy the open space. The property also features an additional detached two-car garage with a workshop, ideal for hobbies, storage, or extra workspace. Conveniently located just 5 minutes from U. S. Route 23 and only 10 minutes from Delaware. Terms: The property sells with Trustee's Confirmation in AS-IS condition. A $10,000 non-refundable down payment is due auction day with balance due at closing wi

Key facts

• Large front porch
• Spacious corner lot
• Workshop

Tags

• SPACIOUS CORNER LOT
• LARGE FRONT PORCH
• DETACHED TWO-CAR GARAGE
• WORKSHOP

Property features AI

Finance

• Other: Property offered via auction and standard listing
• Financial info: Taxes listed for 2025

Exterior

• Parking: Detached 2-car garage with garage door opener
• Utilities: Public water; Private sewer
• Home design: Single family residence; Two levels; No shared/common walls; Originally built in 1901
• Construction: Block foundation; Built in 1901
• Exterior features: Block foundation; Lot of about 2.76 acres

Interior

• Bedrooms: One bedroom on the main level
• Bathrooms: One full bathroom; One half bathroom
• Interior features: Living area approximately 1,413

🔨 Auction listing. The $1 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $263,564 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $1. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $-281 ($-3k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $1).

Location & tenants

• Location reads 55/100 on livability (#1,136 in OH) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A, employment B; Watch: amenities F, commute F, housing F.
• Buckeye Valley Local (rural): math 57% / reading 68% proficiency, ranked #203 of 656 in OH (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 20% free/reduced lunch — higher-income household profile.
• Zoned schools: Buckeye Valley East Elementary School (math 47% / reading 57%, grade C-, #851 of 1,584 statewide, top 56%, 422 students, 28% FRL); Buckeye Valley Local Middle School (math 51% / reading 63%, grade B, #305 of 654 statewide, top 48%, 451 students, 17% FRL); Buckeye Valley Local High School (math 57% / reading 77%, grade B, #137 of 781 statewide, top 19%, 654 students, 14% FRL) — zoned schools at 19% FRL track the district average.
• Market conditions: 7 active listings in the ZIP; 1 comparable units currently listed for rent nearby; high-income renter base; 2,233 units permitted in Delaware County in 2024 (304 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Delaware County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($0) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 395346.5% of price; built in 1901 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $1

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. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
4. Built in 1901 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. 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?
9. 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.
10. 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.
11. 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: 0.74% ✗
• Cap rate: 5.01%
• Cash-on-cash: -4.57%
• DSCR: 0.80
• GRM: 11.3

CMA / ARV

• ARV (median comp): $263,564
• List price: $1
• Delta: -100.00%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4389 State Route 203	0.28mi	3/2.0	1,326 (-6%)	2mo	$149,600	$113	72
4341 Main St	0.31mi	3/2.0	1,456 (+3%)	9mo	$240,000	$165	71
4005 OH-203	0.52mi	3/2.0	1,589 (+12%)	1mo	$429,900	$271	52
4380 Baker St	0.16mi	2/1.0 (-1)	1,234 (-13%)	23mo	$241,500	$196	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: -24.0%
• Equity multiple: 0.18×
• Total profit: $-60,572
• Equity at exit: $39,298

10-year hold

• IRR: -19.2%
• Equity multiple: -0.03×
• Total profit: $-75,665
• Equity at exit: $22,788

Cash invested: $73,798 (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 43066

• Home prices YoY: -18.1%
• Active inventory: 7

Monthly cashflow live

• Estimated rent: $1,950 medium
• Mortgage (P&I): −$1,382
• Tax est. 1.5%: −$329 /mo · $3,953/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $-281

Break-even live

Break-even rent $2,306

Max offer price $222,913

Occupancy floor —

Sensitivity live

Price	-10% $-99	-5% $-190	+0% $-281	+5% $-372	+10% $-463
Rent	-10% $-435	-5% $-358	+0% $-281	+5% $-204	+10% $-127
Rate	-1.0pp $-148	-0.5pp $-214	base $-281	+0.5pp $-349	+1.0pp $-419

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: $65,891
• Closing costs: $7,907
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4030 Radnor Rd Radnor, OH	3.0	2.0	1700	$1,950	$1.15	45d	1	0.05mi

Listing history 15 events

1. 2026-06-19
   status $1 Pending 36 DOM
2. 2026-06-18
   days on market $1 Active 36 DOM
3. 2026-06-17
   days on market $1 Active 35 DOM
4. 2026-06-16
   days on market $1 Active 34 DOM
5. 2026-06-15
   days on market $1 Active 33 DOM
6. 2026-06-13
   days on market $1 Active 31 DOM
7. 2026-06-09
   days on market $1 Active 27 DOM
8. 2026-06-08
   days on market $1 Active 26 DOM
9. 2026-06-07
   days on market $1 Active 25 DOM
10. 2026-06-05
    days on market $1 Active 22 DOM
11. 2026-06-03
    days on market $1 Active 21 DOM
12. 2026-06-02
    days on market $1 Active 20 DOM
13. 2026-06-01
    days on market $1 Active 19 DOM
14. 2026-05-31
    days on market $1 Active 18 DOM
15. 2026-05-13
    listed $1 Active 1009-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥99°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: $23,400
• − Mortgage interest: −$14,764
• − Property taxes: −$3,953
• − Insurance: −$1,318
• − Repairs & maintenance: −$1,872
• − Management: −$1,872
• − Depreciation: −$7,667
• Taxable loss: −$8,046
• Est. tax savings @ 24.0%: +$1,931
• After-tax cash flow: $-1,440/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.

Condition & rehab AI · 30 photos

Fair 45/100 Moderate rehab

This home requires moderate renovations to update the kitchen and bathrooms, and paint the interior walls. The property has a good roof and foundation, and a decent exterior. Landscaping and curb appeal improvements would also enhance its value.

Repairs flagged

• Major kitchen flooring — dated and worn
• Major bathroom fixtures — outdated and worn
• Minor exterior siding — some discoloration

Value-add opportunities

• Resale update kitchen flooring — modern flooring improves curb appeal
• Resale update bathroom fixtures — modern fixtures improve functionality and appeal
• Both paint interior walls — fresh paint improves appearance and value
• Both landscaping — improved landscaping enhances curb appeal and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen flooring · dated and worn	Major	$15,000–50,000
bathroom fixtures · outdated and worn	Major	$15,000–50,000
exterior siding · some discoloration	Minor	$500–3,000
Total estimated repair cost · 3 items		$30,500–103,000

Value-add ROI direction

• Resale update kitchen flooring — modern flooring improves curb appeal ↑
• Resale update bathroom fixtures — modern fixtures improve functionality and appeal ↑
• Both paint interior walls — fresh paint improves appearance and value ↑
• Both landscaping — improved landscaping enhances curb appeal and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Buckeye Valley Local
• NCES district ID: 3904675
• Math proficiency: 57% ▼ -15.00%
• Reading proficiency: 68% ▼ -6.00%
• Median HH income: $76,222
• Composite: 55.61/100
• National rank: #1232
• State rank: #203 of 656 in OH

Livability — Radnor

• Score: 55/100
• State rank: #1136
• US rank: #23578

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Radnor, OH
• County: Delaware · 221,676 people
• Metro: Columbus, OH
• Population (ZIP): 1,170
• Household income: $110,333
• Rent vs Own: 4.1% rent · 95.9% own

Population outlook (Delaware County) Hauer SSP2

• Today (2025): 230,854 people
• By 2030: 249,294 · +8.0%
• By 2040: 284,223 · +23.1%
• By 2050: 315,314 · +36.6%
• By 2075: 379,462 · +64.4%
• By 2100: 403,158 · +74.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 4%
• Common ancestry: Slovak 4% Serbian 3% Iranian 2%

Political lean MEDSL · Delaware

• 2024 margin: Lean R (+6.6) · D 46.2% · R 52.8%
• 2008→2024 swing: +13.0pp toward D · 2008: -19.6pp · 2024: -6.6pp
• All cycles: 2024: R+6.6 2020: R+6.8 2016: R+16.1 2012: R+23.7 2008: R+19.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -58.00%
• Current HPI: 263.1657
• 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

Property tax history

+7.7%/yr

Latest (2025): $2,016 · +1.0% YoY. Source: county tax records.