1744 Bigelow St · Toledo, OH 43613

$79,000

2 bd · 1.0 ba · 1,148 sqft · SingleFamily public records · 30 Days on market

Built 1927 3,000 sqft lot Est $109k · 28% under

---

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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• Rent growth +3.3/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks

Nice 2 possible 3 bed West Toledo investment home. Features include LR, DR, kitchen, 1st floor bedroom with access to upper 2nd and possible 3rd bedroom, full bsmt with hook-ups and large backyard with detached 1 car garage. Currently tenant occupied MTM for $850/mo.

Key facts

• 1st floor bedroom
• Full bsmt
• Large backyard

Tags

• 1ST FLOOR BEDROOM
• FULL BSMT
• LARGE BACKYARD
• DETACHED 1 CAR GARAGE

Property features AI

Finance

• Other: Property type: Residential single-family residence

Exterior

• Parking: Detached garage; Driveway with ribbon-style paving; One garage space
• Utilities: Electricity connected (circuit breakers); Natural gas connected; Public water; Sanitary sewer
• Home design: Single-family house; One and one half levels; Not attached to other structures; No common walls
• Construction: Aluminum siding; Steel siding; Block foundation
• Exterior features: Shingle roof; City street frontage with concrete road

Interior

• Kitchen: Electric range; Refrigerator; Water heater
• Bedrooms: Upper bedroom (approx. 12 x 10); Main level bedroom (approx. 10 x 10)
• Flooring: Carpet; Linoleum
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating; Natural gas heating
• Interior features: Five total rooms; Other interior features
• Laundry & utility: Laundry located in the basement

🏷️ Possibly a rental listed for sale. The $79,000 price doesn't fit this home's estimated sale value (~$109,060) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $79k.

Deal economics

• At list price, monthly cash flow is $320 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $79k).
• Recommended offer: $78k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.1% vs local median 7.7% in Toledo — 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 66/100 on livability (#645 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, crime F, commute F.
• Toledo City (urban): math 15% / reading 24% proficiency, ranked #634 of 656 in OH (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Grove Patterson Academy Elementary School (math 47% / reading 66%, grade C+, #761 of 1,584 statewide, top 48%, 403 students, 38% FRL); Start High School (math 11% / reading 33%, grade F, #672 of 781 statewide, top 86%, 1,242 students, 50% FRL) — zoned schools average 44% FRL vs 72% district-wide (28 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 39% at this address vs 20% district-wide (+20 pts) — the actual schools serving this property are materially stronger than the Toledo City average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+3.3%/yr); 118 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; 415 units permitted in Lucas County in 2024 (122 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $546 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Lucas County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.3% rent growth), your $22k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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 $79k implies a 231% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $77,815 (1.5% below list)

Questions for the listing agent

1. Built in 1927 — 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 F 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: 1.37% ✓
• Cap rate: 11.15%
• Cash-on-cash: 17.34%
• DSCR: 1.77
• GRM: 6.1

CMA / ARV

• ARV (on-the-fly): $109,060
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1811 Giant St	0.06mi	3/1.0 (+1)	1,069 (-7%)	1mo	$70,000	$65	80
1822 Stahlwood Ave	0.13mi	2/1.0	1,047 (-9%)	2mo	$74,000	$71	77
1822 Wychwood St	0.32mi	3/1.0 (+1)	1,162 (+1%)	2mo	$84,000	$72	77
1929 Marlow Rd	0.44mi	2/1.0	1,072 (-7%)	2mo	$108,000	$101	67
1936 Mansfield St	0.53mi	3/1.0 (+1)	1,168 (+2%)	1mo	$79,900	$68	67
3515 Watson Ave	0.62mi	3/2.0 (+1)	1,157 (+1%)	1mo	$150,000	$130	60
2040 Fairfax Rd	0.51mi	3/1.0 (+1)	1,068 (-7%)	2mo	$85,000	$80	58
1804 Loxley Rd	0.51mi	3/1.5 (+1)	1,056 (-8%)	1mo	$81,290	$77	54
3720 Kelly Ave Ave	0.66mi	3/2.0 (+1)	1,189 (+4%)	2mo	$139,900	$118	53
2146 Marlow Rd	0.65mi	3/1.0 (+1)	1,259 (+10%)	3mo	$120,000	$95	46
3424 Saint Bernard Dr	0.61mi	3/1.5 (+1)	1,281 (+12%)	1mo	$154,400	$121	44
3011 Gunckel Blvd	0.71mi	3/1.0 (+1)	1,268 (+10%)	2mo	$170,000	$134	43

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 · 3.3% rent growth · sell at horizon

5-year hold

• IRR: 9.0%
• Equity multiple: 1.36×
• Total profit: $7,900
• Equity at exit: $11,779

10-year hold

• IRR: 18.5%
• Equity multiple: 2.56×
• Total profit: $34,498
• Equity at exit: $6,830

Cash invested: $22,120 (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 43613

• Home prices YoY: -20.7%
• Rents YoY: 3.3%
• Active inventory: 118
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,085 high
• Mortgage (P&I): −$414
• Tax from tax record: −$90 /mo · $1,079/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$228
• Net cashflow: $320

Break-even live

Break-even rent $680

Max offer price $79,000

Occupancy floor 66%

Sensitivity live

Price	-10% $364	-5% $342	+0% $320	+5% $297	+10% $275
Rent	-10% $234	-5% $277	+0% $320	+5% $363	+10% $405
Rate	-1.0pp $359	-0.5pp $340	base $320	+0.5pp $299	+1.0pp $278

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1804 Bigelow St Toledo, OH	3.0	1.0	995	$937	$0.94	46d	1	0.05mi
1718 Giant St Toledo, OH	3.0	1.0	1080	$1,395	$1.29	16d	1	0.07mi
1838 Giant St Toledo, OH	3.0	1.0	962	$1,200	$1.25	16d	1	0.12mi
1573 Jermain Dr Toledo, OH	3.0	1.0	1254	$1,195	$0.95	16d	1	0.24mi
1705 Marlow Rd Toledo, OH	2.0	1.0	738	$1,000	$1.36	25d	1	0.39mi
3803 Monroe St Toledo, OH	2.0	1.0	942	$850	$0.90	46d	1	0.42mi
1731 Mansfield Rd Toledo, OH	3.0	1.0	1138	$1,195	$1.05	25d	1	0.43mi
3835 Monroe St Toledo, OH	2.0	1.0	1002	$950	$0.95	46d	1	0.44mi
2716 Hoehler Dr Toledo, OH	1.0	1.0	720	$600	$0.83	46d	1	0.44mi
1846 Loxley Rd Toledo, OH	2.0	1.0	876	$900	$1.03	46d	1	0.53mi
1732 Talbot St Toledo, OH	2.0	1.0	840	$995	$1.18	25d	1	0.57mi
1951 Loxley Rd Toledo, OH	2.0	1.0	804	$975	$1.21	25d	1	0.57mi
3683 Upton Ave Toledo, OH	3.0	1.0	1119	$1,100	$0.98	46d	1	0.58mi
3801 Torrance Dr Unit 3801 4 Toledo, OH	1.0	1.0	750	$600	$0.80	25d	1	0.70mi
2802 Gunckel Blvd Toledo, OH	2.0	1.0	860	$1,100	$1.28	46d	1	0.74mi
1489 Berdan Ave Toledo, OH	3.0	1.0	1068	$1,250	$1.17	46d	1	0.75mi
1919 Ottawa Dr Unit 7 Toledo, OH	2.0	1.0	900	$800	$0.89	46d	1	0.76mi
3817 Burton Ave Toledo, OH	3.0	1.0	754	$1,015	$1.35	23d	1	0.77mi
2356 Torrey Hill Dr Unit 11 Toledo, OH	2.0	1.0	1050	$800	$0.76	46d	1	0.79mi
2347 Rosedale Ave Toledo, OH	2.0	1.0	767	$875	$1.14	46d	1	0.82mi
2322 Upton Ave Toledo, OH	3.0	1.0	1000	$1,300	$1.30	46d	1	0.83mi
3713 Hazelhurst Ave Toledo, OH	3.0	1.5	1352	$1,700	$1.26	46d	1	0.83mi
1738 Milburn Ave Toledo, OH	2.0	1.0	1016	$650	$0.64	25d	1	0.85mi
2734 Powhattan Pkwy Toledo, OH	2.0	1.0	1144	$900	$0.79	46d	1	0.86mi
3901 Leybourn Ave Toledo, OH	3.0	1.0	840	$1,150	$1.37	25d	1	0.87mi
3430 Anderson Pkwy Toledo, OH	3.0	2.0	1372	$1,650	$1.20	25d	1	0.88mi
3541 Willys Pkwy Toledo, OH	3.0	1.0	1113	$1,400	$1.26	46d	1	0.89mi
3725 Hoiles Ave Toledo, OH	3.0	1.0	1180	$1,245	$1.06	25d	1	0.90mi
3805 Hoiles Ave Toledo, OH	3.0	1.0	1370	$1,025	$0.75	25d	1	0.92mi
3022 Letchworth Pkwy Toledo, OH	2.0	1.0	800	$970	$1.21	46d	1	0.93mi
3433 Douglas Rd Unit 3 Toledo, OH	1.0	1.0	750	$755	$1.01	16d	1	0.97mi
3640 Douglas Rd Toledo, OH	1.0	1.0	720	$784	$1.09	46d	1	1.04mi
4038 Lyman Ave Toledo, OH	3.0	1.0	1175	$1,395	$1.19	46d	1	1.05mi
3915 Willys Pkwy Unit 3915 Toledo, OH	3.0	1.0	1080	$800	$0.74	23d	1	1.10mi
3644 Harley Rd Toledo, OH	2.0	1.0	1025	$975	$0.95	25d	1	1.10mi
960 W Delaware Ave Toledo, OH	3.0	1.0	1224	$1,050	$0.86	25d	1	1.11mi
2244 W Sylvania Ave Unit 6 Toledo, OH	2.0	1.0	800	$795	$0.99	46d	1	1.13mi
4120 Parrakeet Ave Toledo, OH	3.0	2.0	1410	$1,450	$1.03	46d	1	1.13mi
3615 Berkeley Dr Toledo, OH	3.0	1.0	1096	$1,400	$1.28	16d	1	1.15mi
2650 Christie St Toledo, OH	1.0–2.0	1.0	800	$849	$1.06	46d	1	1.16mi

Listing history 21 events

1. 2026-06-21
   days on market $79,000 Active 30 DOM
2. 2026-06-18
   days on market $79,000 Active 27 DOM
3. 2026-06-17
   days on market $79,000 Active 26 DOM
4. 2026-06-16
   days on market $79,000 Active 25 DOM
5. 2026-06-15
   days on market $79,000 Active 24 DOM
6. 2026-06-14
   days on market $79,000 Active 22 DOM
7. 2026-06-10
   days on market $79,000 Active 19 DOM
8. 2026-06-09
   days on market $79,000 Active 18 DOM
9. 2026-06-08
   days on market $79,000 Active 17 DOM
10. 2026-06-07
    days on market $79,000 Active 16 DOM
11. 2026-06-05
    days on market $79,000 Active 13 DOM
12. 2026-06-03
    days on market $79,000 Active 12 DOM
13. 2026-06-02
    days on market $79,000 Active 11 DOM
14. 2026-06-01
    days on market $79,000 Active 10 DOM
15. 2026-05-31
    days on market $79,000 Active 9 DOM
16. 2026-05-30
    days on market $79,000 Active 8 DOM
17. 2026-05-22
    listed $79,000 Active
18. 2024-01-16
    historical
19. 2023-10-02
    listed $59,000 Active
20. 1989-10-02
    soldstatus $23,900
21. 1977-01-13
    soldstatus $18,500

ⓘ 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: $1,079 · $90/mo
• Projected year-2 tax: $1,156 · $96/mo
• Expected delta: +$77/yr (+$6/mo · 7.1%)

ⓘ 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 ≥101°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,015
• − Mortgage interest: −$4,425
• − Property taxes: −$1,079
• − Insurance: −$395
• − Repairs & maintenance: −$1,041
• − Management: −$1,041
• − Depreciation: −$2,298
• Taxable income: $2,735
• Est. tax owed @ 24.0%: −$656
• After-tax cash flow: $3,180/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: Toledo City
• NCES district ID: 3904490
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 24% ▼ -13.00%
• Median HH income: $32,137
• Composite: 15.76/100
• National rank: #9276
• State rank: #634 of 656 in OH

Livability — Toledo

• Score: 66/100
• State rank: #645
• US rank: #11442

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Toledo, OH
• County: Lucas County · 380,724 people
• City population: 280,811
• Metro: Toledo, OH
• Population (ZIP): 30,780
• Household income: $64,384
• Rent vs Own: 32.5% rent · 67.5% own
• Severe rent burden: 917.0

Population outlook (Lucas County) Hauer SSP2

• Today (2025): 420,751 people
• By 2030: 410,187 · -2.5%
• By 2040: 384,019 · -8.7%
• By 2050: 355,125 · -15.6%
• By 2075: 291,683 · -30.7%
• By 2100: 233,670 · -44.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 15% Two or more races 10% Hispanic / Latino 7%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Romanian 9% Lithuanian 3% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3% Arabic 1%

Political lean MEDSL · Lucas

• 2024 margin: D (+12.6) · D 55.8% · R 43.2%
• 2008→2024 swing: -18.9pp toward R · 2008: 31.4pp · 2024: 12.6pp
• All cycles: 2024: D+12.6 2020: D+16.8 2016: D+17.4 2012: D+30.4 2008: D+31.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -62.37%
• Current HPI: 239.1345
• Rent YoY: ▲ 3.30%
• Metro: Toledo, 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

+327.0% since first listed

5 events — show timeline

• 2026-05-22 Listed $79,000 NORIS
• 2024-01-16 Listing Removed — NORIS
• 2023-10-02 Listed $59,000 NORIS
• 1989-10-02 Sold (Public Records) $23,900 Public Records
• 1977-01-13 Sold (Public Records) $18,500 Public Records

Property tax history

+1.0%/yr

Latest (2025): $1,079 · +1.1% YoY. Source: county tax records.