10794 St. Rt. 772 · Piketon, OH 45661

$1

3 bd · 2.0 ba · 1,200 sqft · SingleFamily public records · 10 Days on market

Built 1978 2.90 ac lot

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Why this score? — see what drove the D 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.2/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Online bidding at www. auction.com starts 6-21-26. The list price is not indicative of seller's final reserve amount. This property is part of an online bidding event; please visit AUCTION COM LLC to place bids. Inspections of this property and contact with occupants are strictly prohibited. Property is sold "as is" and no for sale sign allowed. Hillside property . . condition of fireplace unknown . . full basement is unfinished . .

Key facts

• 2.9 acre lot
• 2 garage spots
• Built 1978

Property features AI

Exterior

• Parking: Attached 2-car garage; Two covered parking spaces (total 2 spaces)
• Utilities: Public water; Septic tank sewer; 100 Amp electrical service
• Home design: Single-family residence; One level
• Construction: Aluminum siding; Block basement
• Exterior features: Asphalt roof; Lot of approximately 2.9 acres

Interior

• Kitchen: Electric water heater
• Bedrooms: Three main-level bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Forced air heating (oil); Central air conditioning
• Interior features: Double pane windows; Wood-burning fireplace; Basement with block construction

🔨 Auction listing. The $1 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $1 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $1.

Deal economics

• At list price, monthly cash flow is $847 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1).

Location & tenants

• Location reads 64/100 on livability (#780 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A-; Watch: health & safety C-, schools D+, amenities F.
• Scioto Valley Local (rural): math 29% / reading 44% proficiency, ranked #556 of 656 in OH (top 85%) — 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: 22 active listings in the ZIP; 45 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $0 of loan paydown is wiped out by about $0 of value loss. Plan a longer hold.
• Pike County population projected at -21% 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 $0 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 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.

Recommended offer $1

Questions for the listing agent

1. Built in 1978 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 107180.00% ✓
• Cap rate: 1016064.40%
• Cash-on-cash: 3628778.95%
• DSCR: 161461.24
• GRM: 0.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: —
• Equity multiple: 192657.22×
• Total profit: $53,944
• Equity at exit: $0

10-year hold

• IRR: —
• Equity multiple: 415999.34×
• Total profit: $116,480
• Equity at exit: $0

Cash invested: $0 (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 45661

• Home prices YoY: -22.9%
• Active inventory: 22

Monthly cashflow live

• Estimated rent: $1,072 medium
• Mortgage (P&I): −$0
• Tax est. 1.5%: −$0 /mo · $0/yr
• Insurance: −$0
• HOA: −$0
• Vacancy / Maint / Mgmt: −$225
• Net cashflow: $847

Break-even live

Break-even rent —

Max offer price $1

Occupancy floor 16%

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: $0
• Closing costs: $0
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-18
   days on market $1 Active 10 DOM
2. 2026-06-17
   days on market $1 Active 9 DOM
3. 2026-06-16
   days on market $1 Active 8 DOM
4. 2026-06-15
   days on market $1 Active 7 DOM
5. 2026-06-13
   days on market $1 Active 5 DOM
6. 2026-06-12
   days on market $1 Active 4 DOM
7. 2026-06-09
   remarks 437-char remark
8. 2026-06-09
   listed $1 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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

Taxation est. · year 1

• Rental income: $12,862
• − Mortgage interest: −$0
• − Property taxes: −$0
• − Insurance: −$0
• − Repairs & maintenance: −$1,029
• − Management: −$1,029
• − Depreciation: −$0
• Taxable income: $10,804
• Est. tax owed @ 24.0%: −$2,593
• After-tax cash flow: $7,568/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: Scioto Valley Local
• NCES district ID: 3904913
• Math proficiency: 29% ▼ -16.00%
• Reading proficiency: 44% ▼ -14.00%
• Median HH income: $39,275
• Composite: 30.51/100
• National rank: #6213
• State rank: #556 of 656 in OH

Livability — Piketon

• Score: 64/100
• State rank: #780
• US rank: #14152

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pike · 24,348 people
• Population (ZIP): 7,528
• Household income: $57,250
• Rent vs Own: 39.9% rent · 60.1% own
• Severe rent burden: 5.2

Population outlook (Pike County) Hauer SSP2

• Today (2025): 26,762 people
• By 2030: 25,744 · -3.8%
• By 2040: 23,509 · -12.2%
• By 2050: 21,090 · -21.2%
• By 2075: 15,765 · -41.1%
• By 2100: 11,361 · -57.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Black 3% Pacific Islander 2% Two or more races 2%
• Common ancestry: Serbian 2% Lithuanian 1% Italian 1%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Pike

• 2024 margin: Solid R (+53.7) · D 22.9% · R 76.5%
• 2008→2024 swing: -52.6pp toward R · 2008: -1.0pp · 2024: -53.7pp
• All cycles: 2024: R+53.7 2020: R+48.7 2016: R+36.7 2012: R+0.4 2008: R+1.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.21%
• Current HPI: 169.4864
• 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

+5.1% since first listed

17 events — show timeline

• 2026-06-08 Listed $1 SVAR
• 2026-02-19 Listing Removed — CBRMLS
• 2026-01-01 Relisted — CBRMLS
• 2026-01-01 Listing Removed — CBRMLS
• 2025-09-10 Price Changed $189,000 SVAR
• 2025-09-02 Price Changed $189,000 CBRMLS
• 2025-08-12 Price Changed $195,000 SVAR
• 2025-08-12 Price Changed $195,000 CBRMLS
• 2025-07-28 Price Changed $199,000 SVAR
• 2025-07-26 Price Changed $199,000 CBRMLS
• 2025-07-22 Price Changed $205,000 SVAR
• 2025-07-22 Price Changed $205,000 CBRMLS
• 2025-07-11 Listed $210,000 SVAR
• 2025-07-11 Listed $210,000 CBRMLS
• 2021-12-16 Sold (Public Records) $179,900 Public Records
• 2021-12-09 Sold (MLS) $179,900 SVAR
• 2021-11-03 Listed $179,900 SVAR

Property tax history

+3.8%/yr

Latest (2025): $1,456 · -0.1% YoY. Source: county tax records.