466 Clinton St · Marion, OH 43302

$124,900

3 bd · 1.0 ba · 900 sqft · SingleFamily public records · 7 Days on market

Built 1969 5,662 sqft lot

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Why this score? — see what drove the C- 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 +23.7/30.0
• DSCR +7.6/10.0
• ARV discount +7.5/15.0
• 1% rule +5.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

You won't need to do a thing to this beauty. New vinyl plank flooring and kitchen countertop have been accentuated by fresh paint throughout the home. Big fenced in back yard as well. Come get this one before it is gone.

Key facts

• Kitchen countertop
• Fenced in back yard
• Vinyl plank flooring

Tags

• VINYL PLANK FLOORING
• KITCHEN COUNTERTOP
• FENCED IN BACK YARD
• DETACHED GARAGE

Property features AI

Finance

• Other: Property listed as 'To Be Built' (condition noted)

Exterior

• Parking: Detached 2-car garage; On-street parking available
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story; Built in 1969; No common walls
• Construction: Block foundation
• Exterior features: Deck; Fenced yard; Lot approximately 0.13 acres

Interior

• Bedrooms: Three main-level bedrooms
• Flooring: Vinyl flooring
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Crawl space basement; 900 building area (as reported)

🏗️ New construction. The $124,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $126,000.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $239 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Cap rate 8.6% vs local median 6.9% in Marion — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 65/100 on livability (#704 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D+, crime D+, amenities F.
• Marion City (town): math 22% / reading 31% proficiency, ranked #600 of 656 in OH (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 210 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 53 units permitted in Marion County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $871 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Marion County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 5y 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.
• Current owner paid $80k; list at $125k implies a 56% gain — meaningful room to come down on a strong offer.

Recommended offer $124,900

Questions for the listing agent

1. Built in 1969 — 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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.04% ✓
• Cap rate: 8.57%
• Cash-on-cash: 8.14%
• DSCR: 1.36
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $126,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
407 Latourette St	0.17mi	2/1.0 (-1)	900 (0%)	7mo	$142,000	$158	81
383 Brentwood Dr	0.18mi	2/1.0 (-1)	900 (0%)	7mo	$188,000	$209	81
804 Vancouver Dr	0.32mi	3/1.0	864 (-4%)	2mo	$130,000	$150	77
512 Swiss Dr	0.10mi	3/1.0	800 (-11%)	1mo	$93,450	$117	76
982 Oak Grove Ave	0.33mi	3/1.0	958 (+6%)	2mo	$150,000	$157	72
507 Saint Gallen St	0.11mi	3/1.0	800 (-11%)	5mo	$104,000	$130	72
950 Oak Grove Ave	0.35mi	2/1.0 (-1)	960 (+7%)	3mo	$134,000	$140	65
824 Oak Grove Ave	0.44mi	2/1.0 (-1)	938 (+4%)	8mo	$145,000	$155	61
850 Oak Grove Ave	0.42mi	2/1.0 (-1)	852 (-5%)	7mo	$50,000	$59	61
981 Bellefontaine Ave	0.74mi	3/1.0	950 (+6%)	6mo	$85,000	$89	51
570 W Lawn Dr	0.42mi	2/1.0 (-1)	1,014 (+13%)	6mo	$60,050	$59	49
767 W Center St	0.62mi	3/1.0	1,024 (+14%)	2mo	$138,000	$135	47

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: -3.9%
• Equity multiple: 0.85×
• Total profit: $-5,196
• Equity at exit: $18,787

10-year hold

• IRR: 5.7%
• Equity multiple: 1.43×
• Total profit: $15,006
• Equity at exit: $10,894

Cash invested: $35,280 (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 43302

• Home prices YoY: -33.9%
• Active inventory: 210
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,313 medium
• Mortgage (P&I): −$661
• Tax from tax record: −$85 /mo · $1,015/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $239

Break-even live

Break-even rent $1,010

Max offer price $126,000

Occupancy floor 77%

Sensitivity live

Price	-10% $311	-5% $275	+0% $239	+5% $204	+10% $168
Rent	-10% $136	-5% $188	+0% $239	+5% $291	+10% $343
Rate	-1.0pp $303	-0.5pp $271	base $239	+0.5pp $207	+1.0pp $174

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: $31,500
• Closing costs: $3,780
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
133 Garden St Unit 131 Marion, OH	2.0	1.0	752	$900	$1.20	44d	1	1.07mi

Listing history 7 events

1. 2026-06-19
   days on market $124,900 Active 7 DOM
2. 2026-06-18
   days on market $124,900 Active 6 DOM
3. 2026-06-17
   days on market $124,900 Active 5 DOM
4. 2026-06-16
   days on market $124,900 Active 4 DOM
5. 2026-06-15
   days on market $124,900 Active 3 DOM
6. 2026-06-13
   remarks 360-char remark
7. 2026-06-13
   listed $124,900 Active 1 DOM

ⓘ 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: $1,015 · $85/mo
• Projected year-2 tax: $1,482 · $123/mo
• Expected delta: +$466/yr (+$39/mo · 45.9%)

ⓘ 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 ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,756
• − Mortgage interest: −$7,058
• − Property taxes: −$1,015
• − Insurance: −$630
• − Repairs & maintenance: −$1,260
• − Management: −$1,260
• − Depreciation: −$3,665
• Taxable income: $866
• Est. tax owed @ 24.0%: −$208
• After-tax cash flow: $2,665/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: Marion City
• NCES district ID: 3904433
• Math proficiency: 22% ▼ -17.00%
• Reading proficiency: 31% ▼ -8.00%
• Median HH income: $32,327
• Composite: 21.58/100
• National rank: #8306
• State rank: #600 of 656 in OH

Livability — Marion

• Score: 65/100
• State rank: #704
• US rank: #12605

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Marion, OH
• County: Marion County · 53,702 people
• City population: 53,702
• Metro: Marion, OH
• Population (ZIP): 53,702
• Household income: $55,057
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 1554.0

Population outlook (Marion County) Hauer SSP2

• Today (2025): 62,078 people
• By 2030: 60,049 · -3.3%
• By 2040: 55,413 · -10.7%
• By 2050: 50,604 · -18.5%
• By 2075: 40,162 · -35.3%
• By 2100: 29,105 · -53.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Black 6% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Slovak 2% Romanian 2% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% Arabic 1%

Political lean MEDSL · Marion

• 2024 margin: Solid R (+41.4) · D 28.9% · R 70.3%
• 2008→2024 swing: -32.5pp toward R · 2008: -8.9pp · 2024: -41.4pp
• All cycles: 2024: R+41.4 2020: R+38.6 2016: R+34.4 2012: R+7.6 2008: R+8.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -114.52%
• Current HPI: 223.5344
• Rent YoY: —
• Metro: Marion, OH
• 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

+162.9% since first listed

9 events — show timeline

• 2026-06-12 Listed $124,900 CBRMLS
• 2022-02-14 Sold (Public Records) $80,000 Public Records
• 2022-02-07 Sold (MLS) $80,000 CBRMLS
• 2022-01-17 Pending — CBRMLS
• 2022-01-13 Contingent — CBRMLS
• 2022-01-12 Price Changed $85,000 CBRMLS
• 2021-11-27 Listed $90,000 CBRMLS
• 2005-10-25 Sold (Public Records) $51,000 Public Records
• 2000-09-19 Sold (Public Records) $47,500 Public Records

Property tax history

+4.9%/yr

Latest (2025): $1,015 · +0.0% YoY. Source: county tax records.