37 N 4th St · Martins Ferry, OH 43935

$99,900

5 bd · 2.0 ba · 2,372 sqft · SingleFamily public records · 22 Days on market

Built 1900 5,501 sqft lot Est $111k · 10% under ↓ 23% since listing

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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 +27.7/30.0
• ARV discount +12.2/15.0
• DSCR +9.8/10.0
• 1% rule +8.4/10.0
• 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

Victorian Home for Sale in Martins Ferry, OH! 5 Bedrooms, 2 Baths Near Shops & Dining Welcome to this stunning 5 bedroom, 2 bath Victorian style home in the heart of Martins Ferry, Ohio. Full of timeless charm and character, this spacious residence offers the perfect blend of historic detail and everyday convenience. Inside, you’ll find tall ceilings, large windows, and generously sized rooms that create a warm, inviting atmosphere. With five bedrooms, this home provides endless possibilities! whether you need guest rooms, a home office, or a creative space. The two full bathrooms add function for family and guests alike. Located just steps from local shops, restaurants, and ame

Key facts

• Victorian style home
• Convenient location
• Unique details

Tags

• VICTORIAN STYLE HOME
• HISTORIC DETAIL
• CONVENIENT LOCATION
• WALKABLE LIFESTYLE
• UNIQUE DETAILS

Property features AI

Exterior

• Parking: Carport (1 space); On-street parking
• Utilities: Public water; Public sewer
• Home design: Three-story property; Vinyl-sided construction; Asphalt/fiberglass roof
• Construction: Vinyl siding; Asphalt/Fiberglass roof; Built date from public records
• Exterior features: Chain-link backyard fence

Interior

• Bedrooms: One main-level bedroom
• Bathrooms: Two full bathrooms; One main-level bathroom
• Heating & cooling: Central air conditioning; Forced air gas heating
• Interior features: Full basement with concrete construction; Has view; Total of 11 rooms
• Laundry & utility: Laundry in bathroom on main level

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $303 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $98k (1.5% 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).
• This rent runs 32% of the median local income ($50k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $98,401 (1.5% below list)

Questions for the listing agent

1. Built in 1900 — 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 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?
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: 1.34% ✓
• Cap rate: 9.93%
• Cash-on-cash: 12.98%
• DSCR: 1.58
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $111,484
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
618 Vine St	0.55mi	4/2.0 (-1)	2,326 (-2%)	19mo	$110,000	$47	51
809 N 6th St	0.61mi	5/1.0	2,184 (-8%)	23mo	$25,000	$11	36

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: 2.9%
• Equity multiple: 1.11×
• Total profit: $3,139
• Equity at exit: $14,895

10-year hold

• IRR: 12.5%
• Equity multiple: 1.99×
• Total profit: $27,787
• Equity at exit: $8,638

Cash invested: $27,972 (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: 6.2×

Monthly cashflow live

• Estimated rent: $1,339 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$190 /mo · $2,278/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $303

Break-even live

Break-even rent $956

Max offer price $99,900

Occupancy floor 72%

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-19
   days on market $99,900 Active 22 DOM
2. 2026-06-18
   days on market $99,900 Active 21 DOM
3. 2026-06-17
   days on market $99,900 Active 20 DOM
4. 2026-06-16
   days on market $99,900 Active 19 DOM
5. 2026-06-15
   days on market $99,900 Active 18 DOM
6. 2026-06-14
   days on market $99,900 Active 16 DOM
7. 2026-06-12
   days on market $99,900 Active 15 DOM
8. 2026-06-09
   days on market $99,900 Active 12 DOM
9. 2026-06-08
   days on market $99,900 Active 11 DOM
10. 2026-06-07
    days on market $99,900 Active 10 DOM
11. 2026-06-05
    days on market $99,900 Active 7 DOM
12. 2026-06-03
    days on market $99,900 Active 6 DOM
13. 2026-06-02
    days on market $99,900 Active 5 DOM
14. 2026-06-01
    days on market $99,900 Active 4 DOM
15. 2026-05-31
    days on market $99,900 Active 3 DOM
16. 2026-05-30
    days on market $99,900 Active 2 DOM
17. 2026-05-28
    listed $99,900 Active
18. 2026-03-11
    historical
19. 2025-12-09
    price $104,900
20. 2025-10-31
    price $109,900
21. 2025-09-11
    listed $129,900 Active

ⓘ 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: $2,278 · $190/mo
• Projected year-2 tax: $2,278 · $190/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 1/10 Low
• 🌡 Heat 4/10 Moderate 8 d/yr ≥97°F today · 21 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: $16,069
• − Mortgage interest: −$5,596
• − Property taxes: −$2,278
• − Insurance: −$500
• − Repairs & maintenance: −$1,286
• − Management: −$1,286
• − Depreciation: −$2,906
• Taxable income: $2,218
• Est. tax owed @ 24.0%: −$532
• After-tax cash flow: $3,098/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

• Census place: Martins Ferry, OH
• 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

-23.1% since first listed

5 events — show timeline

• 2026-05-28 Listed $99,900 MLSNOW
• 2026-03-11 Listing Removed — MLSNOW
• 2025-12-09 Price Changed $104,900 MLSNOW
• 2025-10-31 Price Changed $109,900 MLSNOW
• 2025-09-11 Listed $129,900 MLSNOW

Property tax history

+12.2%/yr

Latest (2025): $2,278 · +18.7% YoY. Source: county tax records.