115 Grove St · Wintersville, OH 43953

$75,000

1 bd · 1.0 ba · 576 sqft · SingleFamily public records · 69 Days on market

Built 1960 4,791 sqft lot $130/sqft · 28% below area Est $104k · 28% under

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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 +25.1/30.0
• ARV discount +15.0/15.0
• DSCR +8.2/10.0
• 1% rule +5.8/10.0
• Schools +4.1/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 1 bedroom home perfectly situated just step from a local dog park. Ideal for pet lovers or anyone looking to downsize. Enjoy the convenience of nearby restaurants and grocery stores. Whether you are a first-time home buyer, downsizing, or looking for a cozy place to call home, this home offers comfort, simplicity and a location that is hard to beat.

Key facts

• Grocery stores
• Local dog park
• Nearby restaurants

Tags

• LOCAL DOG PARK
• NEARBY RESTAURANTS
• GROCERY STORES

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $166 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($811 rent vs $75k).
• Recommended offer: $70k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 4.1% in Wintersville — 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 76/100 on livability (#231 in OH, #3,652 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, schools A; Watch: amenities F, commute F.
• Indian Creek Local (suburban): math 42% / reading 56% proficiency, ranked #455 of 656 in OH (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 51 active listings in the ZIP; 2 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).
• This rent is only 13% of the median local income ($74k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Jefferson County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $22k; list at $75k implies a 233% gain — meaningful room to come down on a strong offer.

Recommended offer $70,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — 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. Schools are A-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?
6. 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.
7. 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.
8. 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: 1.08% ✓
• Cap rate: 8.95%
• Cash-on-cash: 9.50%
• DSCR: 1.42
• GRM: 7.7

CMA / ARV

• ARV (median comp): $104,432
• List price: $75,000
• Delta: -28.18%
• Verdict: UNDERPRICED
• Comps: 3 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -2.0%
• Equity multiple: 0.92×
• Total profit: $-1,577
• Equity at exit: $11,183

10-year hold

• IRR: 7.7%
• Equity multiple: 1.58×
• Total profit: $12,205
• Equity at exit: $6,485

Cash invested: $21,000 (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 43953

• Active inventory: 51
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $811 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$50 /mo · $596/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$170
• Net cashflow: $166

Break-even live

Break-even rent $600

Max offer price $75,000

Occupancy floor 74%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-19
   days on market $75,000 Active 69 DOM
2. 2026-06-18
   days on market $75,000 Active 68 DOM
3. 2026-06-17
   days on market $75,000 Active 67 DOM
4. 2026-06-16
   days on market $75,000 Active 66 DOM
5. 2026-06-15
   days on market $75,000 Active 65 DOM
6. 2026-06-14
   days on market $75,000 Active 63 DOM
7. 2026-06-12
   days on market $75,000 Active 62 DOM
8. 2026-06-09
   days on market $75,000 Active 59 DOM
9. 2026-06-08
   days on market $75,000 Active 58 DOM
10. 2026-06-07
    days on market $75,000 Active 57 DOM
11. 2026-06-04
    days on market $75,000 Active 53 DOM
12. 2026-06-02
    days on market $75,000 Active 52 DOM
13. 2026-06-01
    days on market $75,000 Active 51 DOM
14. 2026-05-31
    days on market $75,000 Active 50 DOM
15. 2026-05-31
    days on market $75,000 Active 49 DOM
16. 2026-04-11
    listed $75,000 Active 360-char remark

    Show marketing remark (360 chars)

    Charming 1 bedroom home perfectly situated just step from a local dog park. Ideal for pet lovers or anyone looking to downsize. Enjoy the convenience of nearby restaurants and grocery stores. Whether you are a first-time home buyer, downsizing, or looking for a cozy place to call home, this home offers comfort, simplicity and a location that is hard to beat.

17. 2007-01-12
    soldstatus $22,500

ⓘ 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: $596 · $50/mo
• Projected year-2 tax: $883 · $74/mo
• Expected delta: +$287/yr (+$24/mo · 48.1%)

ⓘ 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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,729
• − Mortgage interest: −$4,201
• − Property taxes: −$596
• − Insurance: −$375
• − Repairs & maintenance: −$778
• − Management: −$778
• − Depreciation: −$2,182
• Taxable income: $819
• Est. tax owed @ 24.0%: −$196
• After-tax cash flow: $1,799/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 Creek Local
• NCES district ID: 3904780
• Math proficiency: 42% ▼ -24.00%
• Reading proficiency: 56% ▼ -10.00%
• Median HH income: $44,695
• Composite: 41.39/100
• National rank: #3483
• State rank: #455 of 656 in OH

Livability — Wintersville

• Score: 76/100
• State rank: #231
• US rank: #3652

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wintersville, OH
• County: Jefferson · 64,369 people
• Metro: Weirton-Steubenville, WV-OH
• Population (ZIP): 11,857
• Household income: $73,648
• Rent vs Own: 30.3% rent · 69.7% own
• Severe rent burden: 10.0

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 63,481 people
• By 2030: 61,067 · -3.8%
• By 2040: 55,860 · -12.0%
• By 2050: 51,236 · -19.3%
• By 2075: 41,804 · -34.1%
• By 2100: 32,344 · -49.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Black 7% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 7% Lithuanian 5% Slovak 4%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 1%

Political lean MEDSL · Jefferson

• 2024 margin: Solid R (+43.9) · D 27.5% · R 71.4% · Other 1.1%
• 2008→2024 swing: -44.1pp toward R · 2008: 0.2pp · 2024: -43.9pp
• All cycles: 2024: R+43.9 2020: R+38.4 2016: R+35.7 2012: R+5.5 2008: D+0.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -100.16%
• Current HPI: 171.0174
• 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

+233.3% since first listed

2 events — show timeline

• 2026-04-11 Listed $75,000 MLSNOW
• 2007-01-12 Sold (Public Records) $22,500 Public Records

Property tax history

+6.4%/yr

Latest (2025): $596 · +1.1% YoY. Source: county tax records.