7071 Columbus Rd · Centerburg, OH 43048

$100,000

3 bd · 1.0 ba · 800 sqft · SingleFamily public records · 3 Days on market

Built 1900 9,147 sqft lot Est $120k · 17% 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 +21.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.8/10.0
• Schools +5.7/10.0
• 1% rule +5.0/10.0
• Appreciation +5.0/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

WOW! Price Reduced! ATTENTION INVESTORS!! Great Investment Property! TAKE A LOOK AND MAKE YOUR BEST OFFER! NEEDS SOME TLC. PARTIAL FINISHED ROOM IN LOWER LEVEL COULD BE 3RD BEDROOM.

Key facts

• Attached garage
• Enclosed porch
• 9,147 sq ft lot

Tags

• ATTACHED GARAGE
• ENCLOSED PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $146 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $100k (0.4% below list).
• Recommended offer: $100k (0.4% below list) — sets the bar for 1% rule.
• Cap rate 8.0% vs local median 3.6% in Centerburg — 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 72/100 on livability (#367 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Centerburg Local (rural): math 60% / reading 71% proficiency, ranked #183 of 656 in OH (top 28%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: 1 active listings in the ZIP; 195 units permitted in Knox County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($691 loan paydown + $3k appreciation (3.0% local appreciation)).
• Knox County population projected at -14% 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 $28k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 31y 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 $24k; list at $100k implies a 312% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $99,642 (0.4% below list)

Questions for the listing agent

1. Built in 1900 — 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 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?
4. 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.
5. 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.
6. 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: 1.00% ✗
• Cap rate: 8.04%
• Cash-on-cash: 6.25%
• DSCR: 1.28
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $120,000
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7071 Columbus Rd	0.00mi	3/1.0	800 (0%)	1mo	$120,000	$150	99

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: 13.3%
• Equity multiple: 1.76×
• Total profit: $21,320
• Equity at exit: $44,964

10-year hold

• IRR: 15.2%
• Equity multiple: 3.25×
• Total profit: $62,872
• Equity at exit: $69,295

Cash invested: $28,000 (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 43048

• Active inventory: 1
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $996 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$75 /mo · $903/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$209
• Net cashflow: $146

Break-even live

Break-even rent $812

Max offer price $100,000

Occupancy floor 80%

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-04-23
   status Pending
2. 2026-04-17
   listed $100,000 Active
3. 2009-12-10
   soldstatus $24,300 181-char remark

   Show marketing remark (181 chars)

   WOW! Price Reduced! ATTENTION INVESTORS!! Great Investment Property! TAKE A LOOK AND MAKE YOUR BEST OFFER! NEEDS SOME TLC. PARTIAL FINISHED ROOM IN LOWER LEVEL COULD BE 3RD BEDROOM.

4. 2009-09-15
   listed $25,500 181-char remark

   Show marketing remark (181 chars)

   WOW! Price Reduced! ATTENTION INVESTORS!! Great Investment Property! TAKE A LOOK AND MAKE YOUR BEST OFFER! NEEDS SOME TLC. PARTIAL FINISHED ROOM IN LOWER LEVEL COULD BE 3RD BEDROOM.

5. 2007-11-01
   historical
6. 2007-04-20
   listed $87,900
7. 2006-03-30
   historical
8. 2005-11-22
   listed $82,500
9. 2005-07-28
   soldstatus $42,000
10. 2005-05-01
    listed $59,900
11. 2002-12-19
    soldstatus $55,000
12. 1995-08-22
    soldstatus $45,000
13. 1995-08-18
    soldstatus $45,000
14. 1995-05-22
    listed $45,000

ⓘ 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: $903 · $75/mo
• Projected year-2 tax: $1,232 · $103/mo
• Expected delta: +$328/yr (+$27/mo · 36.4%)

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

Taxation est. · year 1

• Rental income: $11,957
• − Mortgage interest: −$5,602
• − Property taxes: −$903
• − Insurance: −$500
• − Repairs & maintenance: −$957
• − Management: −$957
• − Depreciation: −$2,909
• Taxable income: $130
• Est. tax owed @ 24.0%: −$31
• After-tax cash flow: $1,719/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: Centerburg Local
• NCES district ID: 3904782
• Math proficiency: 60% ▼ -12.00%
• Reading proficiency: 71% ▼ -4.00%
• Median HH income: $65,410
• Composite: 57.07/100
• National rank: #1105
• State rank: #183 of 656 in OH

Livability — Centerburg

• Score: 72/100
• State rank: #367
• US rank: #5932

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

No demographic data for this ZIP.

Market trends

• HPI YoY: —
• Current HPI: —
• 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

+122.2% since first listed

14 events — show timeline

• 2026-04-23 Pending — CBRMLS
• 2026-04-17 Listed $100,000 CBRMLS
• 2009-12-10 Sold (MLS) $24,300 CBRMLS
• 2009-09-15 Listed $25,500 CBRMLS
• 2007-11-01 Listing Removed — CBRMLS
• 2007-04-20 Listed $87,900 CBRMLS
• 2006-03-30 Listing Removed — CBRMLS
• 2005-11-22 Listed $82,500 CBRMLS
• 2005-07-28 Sold (MLS) $42,000 CBRMLS
• 2005-05-01 Listed $59,900 CBRMLS
• 2002-12-19 Sold (Public Records) $55,000 Public Records
• 1995-08-22 Sold (Public Records) $45,000 Public Records
• 1995-08-18 Sold (MLS) $45,000 CBRMLS
• 1995-05-22 Listed $45,000 CBRMLS

Property tax history

+4.8%/yr

Latest (2025): $903 · +0.0% YoY. Source: county tax records.