834 North St · Caldwell, OH 43724

$83,000

2 bd · 1.0 ba · 1,208 sqft · SingleFamily public records · 140 Days on market

Built 1892 5,749 sqft lot $69/sqft · 44% below area Est $149k · 44% under ↓ 58% since listing

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Why this score? — see what drove the A- 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 +8.8/10.0
• Appreciation +7.2/10.0
• Livability +3.8/5.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This cozy 3-bedroom, 1.5-story home has been a reliable long-term rental and is currently occupied by a long-term HUD tenant who has resided in the home for 12 years. The main floor features one bedroom and a full bath along with comfortable living space, while two additional bedrooms are located upstairs. Enjoy outdoor living with a covered front porch and a covered back deck. The narrow 1-car garage offers extended depth, making it ideal for storage, a workshop, or tandem parking. With stable occupancy already in place, this property presents a solid opportunity for investors.

Key facts

• Covered front porch
• Covered back deck
• Narrow 1-car garage

Tags

• COVERED FRONT PORCH
• COVERED BACK DECK
• NARROW 1-CAR GARAGE

🏷️ Possibly a rental listed for sale. The $83,000 price doesn't fit this home's estimated sale value (~$149,200) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $83k.

Deal economics

• At list price, monthly cash flow is $389 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $83k).
• Recommended offer: $73k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 76/100 on livability (#215 in OH, #3,322 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, employment D, amenities F.
• Caldwell Exempted Village (town): math 36% / reading 49% proficiency, ranked #529 of 656 in OH (top 81%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 21 active listings in the ZIP; 19 units permitted in Noble County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($574 loan paydown + $4k appreciation (4.3% local appreciation)).
• Noble County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.3% appreciation + 3.0% rent growth), your $23k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 140 days — a 12% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 34y 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 1892 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $73,040 (12.0% below list)

Questions for the listing agent

1. It's been on market 140 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 1892 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.38% ✓
• Cap rate: 11.92%
• Cash-on-cash: 20.09%
• DSCR: 1.89
• GRM: 6.0

CMA / ARV

• ARV (median comp): $149,200
• List price: $83,000
• Delta: -44.37%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1029 Fowler Dr	0.17mi	2/1.5	1,232 (+2%)	11mo	$185,000	$150	78
45151 Planning Mill St	0.26mi	3/1.0 (+1)	1,248 (+3%)	12mo	$122,400	$98	68
1016 Main St	0.15mi	3/1.0 (+1)	1,262 (+4%)	19mo	$95,000	$75	65
610 Belford St	0.20mi	2/1.5	1,352 (+12%)	5mo	$176,000	$130	64
301 East St	0.44mi	2/1.0	1,284 (+6%)	6mo	$145,000	$113	64
609 Lewis St	0.21mi	3/1.0 (+1)	1,288 (+7%)	18mo	$159,900	$124	59
807 Young St	0.22mi	3/1.0 (+1)	1,344 (+11%)	9mo	$161,000	$120	59
16878 Bronze Heights Ln	0.45mi	3/1.0 (+1)	1,092 (-10%)	8mo	$174,900	$160	52
16707 Terrace Ave	0.61mi	2/1.0	1,106 (-8%)	9mo	$123,000	$111	50
519 Fairground St	0.29mi	3/2.0 (+1)	1,104 (-9%)	18mo	$153,000	$139	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.32% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 29.0%
• Equity multiple: 2.75×
• Total profit: $40,702
• Equity at exit: $43,635

10-year hold

• IRR: 28.3%
• Equity multiple: 5.44×
• Total profit: $103,229
• Equity at exit: $72,637

Cash invested: $23,240 (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 43724

• Home prices YoY: 2.7%
• Active inventory: 21
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,145 medium
• Mortgage (P&I): −$435
• Tax from tax record: −$46 /mo · $548/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$240
• Net cashflow: $389

Break-even live

Break-even rent $653

Max offer price $83,000

Occupancy floor 61%

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: $20,750
• Closing costs: $2,490
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-18
   days on market $83,000 Active 140 DOM
2. 2026-06-17
   days on market $83,000 Active 139 DOM
3. 2026-06-16
   days on market $83,000 Active 138 DOM
4. 2026-06-15
   days on market $83,000 Active 137 DOM
5. 2026-06-13
   days on market $83,000 Active 135 DOM
6. 2026-06-12
   days on market $83,000 Active 134 DOM
7. 2026-06-09
   days on market $83,000 Active 131 DOM
8. 2026-06-08
   days on market $83,000 Active 130 DOM
9. 2026-06-07
   days on market $83,000 Active 129 DOM
10. 2026-06-05
    days on market $83,000 Active 127 DOM
11. 2026-06-04
    days on market $83,000 Active 125 DOM
12. 2026-06-02
    days on market $83,000 Active 124 DOM
13. 2026-06-01
    days on market $83,000 Active 123 DOM
14. 2026-05-31
    days on market $83,000 Active 122 DOM
15. 2026-01-28
    listed $83,000 Active 585-char remark

    Show marketing remark (585 chars)

    This cozy 3-bedroom, 1.5-story home has been a reliable long-term rental and is currently occupied by a long-term HUD tenant who has resided in the home for 12 years. The main floor features one bedroom and a full bath along with comfortable living space, while two additional bedrooms are located upstairs. Enjoy outdoor living with a covered front porch and a covered back deck. The narrow 1-car garage offers extended depth, making it ideal for storage, a workshop, or tandem parking. With stable occupancy already in place, this property presents a solid opportunity for investors.

16. 2020-10-28
    price $30,000
17. 2020-08-26
    price $30,000
18. 2003-04-16
    listed $30,000
19. 1993-09-15
    price $199,500
20. 1993-09-15
    historical
21. 1992-09-15
    listed $199,500

ⓘ 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: $548 · $46/mo
• Projected year-2 tax: $922 · $77/mo
• Expected delta: +$373/yr (+$31/mo · 68.1%)

ⓘ 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 · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,742
• − Mortgage interest: −$4,649
• − Property taxes: −$548
• − Insurance: −$415
• − Repairs & maintenance: −$1,099
• − Management: −$1,099
• − Depreciation: −$2,415
• Taxable income: $3,516
• Est. tax owed @ 24.0%: −$844
• After-tax cash flow: $3,826/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: Caldwell Exempted Village
• NCES district ID: 3904525
• Math proficiency: 36% ▼ -5.00%
• Reading proficiency: 49% ▼ -5.00%
• Median HH income: $37,221
• Composite: 35.3/100
• National rank: #4967
• State rank: #529 of 656 in OH

Livability — Caldwell

• Score: 76/100
• State rank: #215
• US rank: #3322

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Caldwell, OH
• County: Noble · 16,074 people
• Population (ZIP): 9,007
• Household income: $54,005
• Rent vs Own: 25.5% rent · 74.5% own
• Severe rent burden: 2.5

Population outlook (Noble County) Hauer SSP2

• Today (2025): 13,837 people
• By 2030: 13,584 · -1.8%
• By 2040: 12,674 · -8.4%
• By 2050: 11,551 · -16.5%
• By 2075: 8,951 · -35.3%
• By 2100: 6,807 · -50.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Black 6% Hispanic / Latino 2% Two or more races 1%
• Common ancestry: Subsaharan African 3% Lithuanian 2% Serbian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Noble

• 2024 margin: Solid R (+64.6) · D 17.4% · R 82.0%
• 2008→2024 swing: -48.8pp toward R · 2008: -15.8pp · 2024: -64.6pp
• All cycles: 2024: R+64.6 2020: R+62.5 2016: R+55.1 2012: R+24.6 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.32%
• Current HPI: 166.7357
• 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

-58.4% since first listed

7 events — show timeline

• 2026-01-28 Listed $83,000 MLSNOW
• 2020-10-28 Price Changed $30,000 MLSNOW
• 2020-08-26 Price Changed $30,000 MLSNOW
• 2003-04-16 Listed $30,000 MLSNOW
• 1993-09-15 Listing Removed — MLSNOW
• 1993-09-15 Price Changed $199,500 MLSNOW
• 1992-09-15 Listed $199,500 MLSNOW

Property tax history

+1.3%/yr

Latest (2025): $548 · -0.4% YoY. Source: county tax records.