11236 Tuscarora Path · Chippewa Park, OH 43331

$79,900

1 bd · 1.0 ba · 529 sqft · SingleFamily public records · 42 Days on market

Built 1940 5,227 sqft lot $151/sqft · 46% below area Est $147k · 46% under ↓ 27% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.9/10.0
• Schools +5.3/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Bring your vision and creativity to this charming cottage full of potential! This home is ready for a fresh start and offers a fantastic opportunity for investors, flippers, or buyers looking to create their own personalized retreat. Located in golf cart- friendly Chippewa park, you'll be a short drive to fishing, boat launch, grocery shopping and the Moose and Eagles. Everything you need for a fun weekend at Indian Lake.

Key facts

• Chippewa park
• Grocery shopping
• Personalized retreat

Tags

• GOLF CART FRIENDLY
• FISHING
• BOAT LAUNCH
• GROCERY SHOPPING
• CHIPPEWA PARK
• PERSONALIZED RETREAT

Property features AI

Exterior

• Utilities: Public sewer; Well water
• Home design: Single-family residential cabin; Built in 1940; Slab foundation; Vinyl siding
• Construction: Vinyl siding construction; Slab foundation; Built in 1940
• Exterior features: Residential lot; Lot dimensions approximately 70 x 74; Lot area about 0.12 acres; Well water

Interior

• Heating & cooling: Has heating
• Interior features: No basement; Other heating system (see remarks)

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $427 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.7% vs local median 5.5% in Chippewa Park — 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 49/100 on livability (#1,173 in OH) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: schools F, amenities F, commute F.
• Indian Lake Local (rural): math 59% / reading 66% proficiency, ranked #261 of 656 in OH (top 40%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 112 active listings in the ZIP; 121 units permitted in Logan County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Logan 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 $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago 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 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $77,503 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — 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 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?
5. 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.
6. 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.
7. 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: 1.49% ✓
• Cap rate: 12.70%
• Cash-on-cash: 22.88%
• DSCR: 2.02
• GRM: 5.6

CMA / ARV

• ARV (median comp): $147,337
• List price: $79,900
• Delta: -45.77%
• Verdict: UNDERPRICED
• Comps: 13 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11188 Chickasaw Path	0.21mi	2/1.0 (+1)	576 (+9%)	10mo	$100,000	$174	62
13647 Seminole Path	0.24mi	2/1.0 (+1)	576 (+9%)	9mo	$207,450	$360	61
11496 Pocahontas Path	0.48mi	2/1.0 (+1)	456 (-14%)	1mo	$112,000	$246	49
13920 Seminole Path	0.33mi	1/1.0	594 (+12%)	23mo	$137,000	$231	45
14250 Basswood Ave	0.72mi	1/0.5	576 (+9%)	11mo	$180,000	$313	40

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: 15.8%
• Equity multiple: 1.64×
• Total profit: $14,214
• Equity at exit: $11,913

10-year hold

• IRR: 24.4%
• Equity multiple: 3.12×
• Total profit: $47,338
• Equity at exit: $6,908

Cash invested: $22,372 (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 43331

• Home prices YoY: -30.0%
• Active inventory: 112
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,191 medium
• Mortgage (P&I): −$419
• Tax from tax record: −$62 /mo · $749/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $427

Break-even live

Break-even rent $651

Max offer price $79,900

Occupancy floor 59%

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $79,900 Active 42 DOM
2. 2026-06-17
   days on market $79,900 Active 41 DOM
3. 2026-06-16
   days on market $79,900 Active 40 DOM
4. 2026-06-15
   days on market $79,900 Active 39 DOM
5. 2026-06-13
   days on market $79,900 Active 37 DOM
6. 2026-06-12
   days on market $79,900 Active 36 DOM
7. 2026-06-09
   days on market $79,900 Active 33 DOM
8. 2026-06-08
   days on market $79,900 Active 32 DOM
9. 2026-06-08
   days on market $79,900 Active 31 DOM
10. 2026-06-07
    days on market $79,900 Active 30 DOM
11. 2026-06-04
    days on market $79,900 Active 27 DOM
12. 2026-06-02
    days on market $79,900 Active 26 DOM
13. 2026-06-01
    days on market $79,900 Active 25 DOM
14. 2026-05-31
    days on market $79,900 Active 24 DOM
15. 2026-05-01
    listed $79,900 Active 426-char remark
16. 2024-03-13
    historical
17. 2023-09-18
    soldstatus $205,000
18. 2023-09-17
    listed $110,000 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: $749 · $62/mo
• Projected year-2 tax: $997 · $83/mo
• Expected delta: +$249/yr (+$21/mo · 33.3%)

ⓘ 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 3/10 Moderate 7 d/yr ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,297
• − Mortgage interest: −$4,476
• − Property taxes: −$749
• − Insurance: −$400
• − Repairs & maintenance: −$1,144
• − Management: −$1,144
• − Depreciation: −$2,324
• Taxable income: $4,061
• Est. tax owed @ 24.0%: −$975
• After-tax cash flow: $4,144/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: Indian Lake Local
• NCES district ID: 3904808
• Math proficiency: 59% ▼ -14.00%
• Reading proficiency: 66% ▼ -4.00%
• Median HH income: $44,496
• Composite: 52.6/100
• National rank: #1559
• State rank: #261 of 656 in OH

Livability — Chippewa Park

• Score: 49/100
• State rank: #1173
• US rank: #25758

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chippewa Park, OH
• County: Logan · 47,256 people
• Population (ZIP): 4,012
• Household income: $60,159
• Rent vs Own: 11.5% rent · 88.5% own
• Severe rent burden: 16.1

Population outlook (Logan County) Hauer SSP2

• Today (2025): 44,240 people
• By 2030: 43,166 · -2.4%
• By 2040: 40,495 · -8.5%
• By 2050: 37,511 · -15.2%
• By 2075: 30,453 · -31.2%
• By 2100: 23,081 · -47.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Hispanic / Latino 4% Two or more races 2% Black 1%
• Common ancestry: Lithuanian 2% Slovak 2% Iranian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · Logan

• 2024 margin: Solid R (+56.2) · D 21.5% · R 77.7%
• 2008→2024 swing: -29.6pp toward R · 2008: -26.6pp · 2024: -56.2pp
• All cycles: 2024: R+56.2 2020: R+55.2 2016: R+52.6 2012: R+31.8 2008: R+26.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -109.75%
• Current HPI: 256.2406
• 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

-27.4% since first listed

4 events — show timeline

• 2026-05-01 Listed $79,900 WRIST
• 2024-03-13 Listing Removed — WRIST
• 2023-09-18 Sold (Public Records) $205,000 Public Records
• 2023-09-17 Listed $110,000 WRIST

Property tax history

+6.1%/yr

Latest (2025): $749 · +35.6% YoY. Source: county tax records.