515 Walden Ave · Tiltonsville, OH 43963

$65,000

3 bd · 1.5 ba · 1,732 sqft · SingleFamily public records · 180 Days on market

Built 1900 2,613 sqft lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.7/10.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Welcome to 515 Walden Ave! This spacious home offers 3 bedrooms and 2 full bathrooms, along with the convenience with the laundry on the first level. An additional room on the main level can be used as an office, recreational room, or can be used as another bedroom. Recent updates include new flooring in the living room, dining room, upstairs bathroom, along with a new vanity in the upstairs bathroom. The metal roof is approximately 6-7 years old, offering durability and a peace of mind. Previously used as an investment property, the home is now vacant and ready for immediate occupancy, allowing for continued rental use or alternative residential use. Spacious interior with plenty of space,

Key facts

• Metal roof
• 2,613 sq ft lot
• Built 1900

Tags

• LAUNDRY ON FIRST LEVEL
• ADDITIONAL ROOM ON MAIN LEVEL
• NEW FLOORING IN LIVING ROOM
• NEW FLOORING IN DINING ROOM
• METAL ROOF
• LOCATED NEAR GOLF COURSE

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: 2-story house; Above-grade finished living area reported as 1,732
• Construction: Built according to public records; Metal roof; Shake siding
• Exterior features: Metal roof; Shake siding

Interior

• Bathrooms: 2 full bathrooms; 1 bathroom on the main level
• Heating & cooling: Forced air gas heating; Heating present
• Interior features: Full, unfinished basement; 8 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $496 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#547 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• Buckeye Local (rural): math 44% / reading 53% proficiency, ranked #471 of 656 in OH (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 3 active listings in the ZIP; 2 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($449 loan paydown + $953 appreciation (1.5% local appreciation)).
• Jefferson County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.5% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 180 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $18k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $22k; list at $65k implies a 202% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 180 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 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.93% ✓
• Cap rate: 16.48%
• Cash-on-cash: 36.37%
• DSCR: 2.62
• GRM: 4.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.47% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 35.9%
• Equity multiple: 2.89×
• Total profit: $34,350
• Equity at exit: $23,780

10-year hold

• IRR: 37.6%
• Equity multiple: 5.66×
• Total profit: $84,865
• Equity at exit: $32,870

Cash invested: $18,200 (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 43963

• Home prices YoY: 0.9%
• Active inventory: 3
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $1,253 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$70 /mo · $846/yr
• Insurance: −$27
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $496

Break-even live

Break-even rent $625

Max offer price $65,000

Occupancy floor 55%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2026-06-18
   days on market $65,000 Active 180 DOM
2. 2026-06-17
   days on market $65,000 Active 179 DOM
3. 2026-06-13
   days on market $65,000 Active 178 DOM
4. 2026-06-12
   days on market $65,000 Active 177 DOM
5. 2026-06-09
   days on market $65,000 Active 174 DOM
6. 2026-06-08
   days on market $65,000 Active 173 DOM
7. 2026-06-07
   days on market $65,000 Active 172 DOM
8. 2026-06-07
   days on market $65,000 Active 171 DOM
9. 2026-06-04
   days on market $65,000 Active 168 DOM
10. 2026-06-02
    days on market $65,000 Active 167 DOM
11. 2026-06-01
    days on market $65,000 Active 166 DOM
12. 2026-05-31
    remarks 699-char remark
13. 2026-05-31
    listed $65,000 Active 165 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: $846 · $70/mo
• Projected year-2 tax: $930 · $78/mo
• Expected delta: +$84/yr (+$7/mo · 9.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 79% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 8 d/yr ≥96°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,039
• − Mortgage interest: −$3,641
• − Property taxes: −$846
• − Insurance: −$992
• − Repairs & maintenance: −$1,203
• − Management: −$1,203
• − Depreciation: −$1,891
• Taxable income: $5,263
• Est. tax owed @ 24.0%: −$1,263
• After-tax cash flow: $4,689/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: Buckeye Local
• NCES district ID: 3904778
• Math proficiency: 44% ▼ -18.00%
• Reading proficiency: 53% ▼ -10.00%
• Median HH income: $41,332
• Composite: 40.68/100
• National rank: #3673
• State rank: #471 of 656 in OH

Livability — Tiltonsville

• Score: 68/100
• State rank: #547
• US rank: #9296

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tiltonsville, OH
• County: Jefferson · 64,369 people
• City population: 1,191
• Metro: Weirton-Steubenville, WV-OH
• Population (ZIP): 1,191
• Household income: $55,795
• Rent vs Own: 37.1% rent · 62.9% own
• Severe rent burden: 9.8

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 (97%)
• Race & ethnicity: White 97% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Romanian 14% Serbian 3% Lithuanian 2%

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: ▲ 1.47%
• Current HPI: 167.1866
• 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

+202.3% since first listed

7 events — show timeline

• 2026-05-22 Price Changed $65,000 MLSNOW
• 2026-04-06 Price Changed $70,000 MLSNOW
• 2026-01-21 Price Changed $80,000 MLSNOW
• 2025-12-17 Listed $83,000 MLSNOW
• 2025-02-11 Listing Removed — MLSNOW
• 2024-08-11 Listed $85,000 MLSNOW
• 2001-04-06 Sold (Public Records) $21,500 Public Records

Property tax history

+11.3%/yr

Latest (2025): $846 · +0.3% YoY. Source: county tax records.