7519 Dorr St #97 · Toledo, OH 43615

$67,900

3 bd · 2.0 ba · 1,088 sqft · SingleFamily · 145 Days on market

Built 2026 Good condition $62/sqft · 61% below area

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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
• Schools +4.9/10.0
• Condition / age +4.0/5.0
• Livability +3.3/5.0
• Rent growth +3.1/5.0
• Appreciation +0.0/10.0

Listing remarks

Looking for a modern mobile home with plenty of space? This 3-bedroom, 2-bathroom home in Royal Village offers a comfortable open-concept layout with updated features and an in-home washer and dryer for added convenience. Well-maintained and thoughtfully designed, this home provides a great balance of functionality and comfort without the price tag of new construction. Located in Toledo's Springfield School District, you'll enjoy being part of an established community with easy access to local schools, shopping, and everyday essentials.

Key facts

• Open-concept layout
• Built 2026
• Listed 145 days

Tags

• OPEN-CONCEPT LAYOUT
• IN-HOME WASHER AND DRYER
• ESTABLISHED COMMUNITY
• EASY ACCESS TO LOCAL SCHOOLS
• EASY ACCESS TO SHOPPING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $68k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $539 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $68k).
• Recommended offer: $60k (12.0% below list) — sets the bar for market timing.
• Cap rate 17.0% vs local median 6.9% 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.
• Springfield Local (suburban): math 47% / reading 57% proficiency, ranked #404 of 656 in OH (top 62%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Springfield Middle School (math 44% / reading 53%, grade C-, #435 of 654 statewide, top 67%, 744 students, 81% FRL); Springfield High School (math 40% / reading 60%, grade D+, #384 of 781 statewide, top 49%, 922 students, 48% FRL).
• Market conditions: Rents rising (+2.6%/yr); 234 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $469 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 + 2.6% rent growth), your $19k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 145 days — a 12% lower offer ($60k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $59,752 (12.0% below list)

Questions for the listing agent

1. It's been on market 145 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 2.00% ✓
• Cap rate: 16.99%
• Cash-on-cash: 38.20%
• DSCR: 2.70
• GRM: 4.2

CMA / ARV

• ARV (median comp): $173,212
• List price: $67,900
• Delta: -60.80%
• Verdict: UNDERPRICED
• Comps: 20 within 2.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2617 Shetland Rd	1.30mi	3/1.0	1,152 (+6%)	14mo	$262,000	$227	40
1145 Joyce Ln	1.46mi	3/1.0	1,008 (-7%)	19mo	$160,000	$159	33
6820 Cloister Ct	1.15mi	2/2.0 (-1)	1,220 (+12%)	8mo	$240,000	$197	33
2235 Whispering Pines Dr	0.73mi	2/2.0 (-1)	1,336 (+23%)	9mo	$265,500	$199	28
2360 Manoa Ln #2360	1.43mi	2/2.0 (-1)	1,354 (+24%)	19mo	$245,000	$181	19
2263 Whispering Pines Dr Unit 4-2263	0.77mi	2/2.0 (-1)	1,336 (+23%)	20mo	$250,000	$187	18
8060 W Bancroft St	1.03mi	3/1.0	1,248 (+15%)	26mo	$195,000	$156	16
2243 Whispering Pines Dr Unit 5-2243	0.73mi	2/2.0 (-1)	1,336 (+23%)	26mo	$245,000	$183	16
2504 Centennial Rd	1.44mi	2/1.0 (-1)	938 (-14%)	21mo	$150,500	$160	16
7433 Pine View Dr Unit 3-7433	0.77mi	2/2.0 (-1)	1,336 (+23%)	26mo	$259,000	$194	15
7856 W Bancroft St	0.85mi	2/1.0 (-1)	1,230 (+13%)	28mo	$110,000	$89	14

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 · 2.59% rent growth · sell at horizon

5-year hold

• IRR: 28.9%
• Equity multiple: 2.20×
• Total profit: $22,818
• Equity at exit: $10,124

10-year hold

• IRR: 36.1%
• Equity multiple: 4.26×
• Total profit: $62,035
• Equity at exit: $5,871

Cash invested: $19,012 (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 →

Active competition Active MLS

• For sale now: 31 active · 4 under contract
• Median asking: $49,900 ($47/sqft)
• Median days on market: 161 d
• This list price: 94% of active listings are priced below it
• ARV vs active asking: +236.9% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 43615

• Home prices YoY: -31.9%
• Rents YoY: 2.6%
• Active inventory: 234
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,360 high
• Mortgage (P&I): −$356
• Tax est. 1.5%: −$85 /mo · $1,018/yr
• Insurance: −$28
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $539

Break-even live

Break-even rent $678

Max offer price $67,900

Occupancy floor 55%

Sensitivity live

Price	-10% $586	-5% $562	+0% $539	+5% $515	+10% $492
Rent	-10% $431	-5% $485	+0% $539	+5% $593	+10% $646
Rate	-1.0pp $573	-0.5pp $556	base $539	+0.5pp $521	+1.0pp $503

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: $16,975
• Closing costs: $2,037
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1210 Country View Pl Toledo, OH	2.0	1.0–2.0	966	$1,130	$1.17	0d	1	0.73mi
6951 W Bancroft St Toledo, OH	2.0	2.0	1150	$1,731	$1.51	0d	1	0.96mi
2150 N McCord Rd Toledo, OH	1.0–2.0	1.0	765	$1,315	$1.72	0d	3	1.19mi
1800 N McCord Rd Toledo, OH	2.0	1.0	934	$938	$1.00	0d	1	1.22mi
6633 W Bancroft St Toledo, OH	1.0–3.0	1.0	941	$1,179	$1.25	0d	1	1.24mi
6535 Dorr St Toledo, OH	1.0–2.0	1.0–2.0	895	$1,000	$1.12	116d	1	1.30mi
2130 Country Trace Pl Toledo, OH	2.0	1.0–2.0	917	$1,050	$1.14	0d	1	1.33mi

Property features AI

Finance

• Other: Address: 7519 Dorr St #97, Toledo, OH 43615
• Financial info: List price $53,900

Exterior

• Utilities: Forced air heating (listed under utilities)
• Home design: Spec new construction — Champion Redman Advantage planActive listing
• Construction: Living area approximately 1088 (provided)
• Exterior features: Shake roof

Interior

• Kitchen: DishwasherRefrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating
• Interior features: DishwasherRefrigerator
• Laundry & utility: WasherDryer

Listing history 50 events

1. 2026-09-23
   days on market $67,900 Active 145 DOM
2. 2026-09-22
   days on market $67,900 Active 144 DOM
3. 2026-09-21
   days on market $67,900 Active 143 DOM
4. 2026-09-20
   days on market $67,900 Active 142 DOM
5. 2026-09-19
   days on market $67,900 Active 141 DOM
6. 2026-09-18
   days on market $67,900 Active 140 DOM
7. 2026-09-17
   days on market $67,900 Active 139 DOM
8. 2026-09-16
   days on market $67,900 Active 138 DOM
9. 2026-09-15
   days on market $67,900 Active 137 DOM
10. 2026-09-14
    days on market $67,900 Active 136 DOM
11. 2026-09-13
    days on market $67,900 Active 135 DOM
12. 2026-09-12
    days on market $67,900 Active 134 DOM
13. 2026-09-11
    days on market $67,900 Active 133 DOM
14. 2026-09-05
    days on market $67,900 Active 127 DOM
15. 2026-09-04
    days on market $67,900 Active 126 DOM
16. 2026-09-03
    days on market $67,900 Active 125 DOM
17. 2026-08-31
    days on market $67,900 Active 122 DOM
18. 2026-08-30
    days on market $67,900 Active 121 DOM
19. 2026-08-29
    days on market $67,900 Active 120 DOM
20. 2026-08-28
    days on market $67,900 Active 119 DOM
21. 2026-08-27
    days on market $67,900 Active 118 DOM
22. 2026-08-26
    days on market $67,900 Active 117 DOM
23. 2026-08-25
    days on market $67,900 Active 116 DOM
24. 2026-08-24
    days on market $67,900 Active 115 DOM
25. 2026-08-23
    days on market $67,900 Active 114 DOM
26. 2026-08-22
    days on market $67,900 Active 113 DOM
27. 2026-08-21
    days on market $67,900 Active 112 DOM
28. 2026-08-20
    days on market $67,900 Active 111 DOM
29. 2026-08-19
    days on market $67,900 Active 110 DOM
30. 2026-08-18
    days on market $67,900 Active 109 DOM
31. 2026-08-17
    days on market $67,900 Active 108 DOM
32. 2026-08-16
    days on market $67,900 Active 107 DOM
33. 2026-08-15
    days on market $67,900 Active 106 DOM
34. 2026-08-15
    days on market $67,900 Active 105 DOM
35. 2026-08-13
    days on market $67,900 Active 104 DOM
36. 2026-08-12
    days on market $67,900 Active 103 DOM
37. 2026-08-11
    days on market $67,900 Active 102 DOM
38. 2026-08-10
    days on market $67,900 Active 101 DOM
39. 2026-08-09
    days on market $67,900 Active 100 DOM
40. 2026-08-08
    days on market $67,900 Active 99 DOM
41. 2026-08-07
    days on market $67,900 Active 98 DOM
42. 2026-08-06
    days on market $67,900 Active 97 DOM
43. 2026-08-05
    days on market $67,900 Active 96 DOM
44. 2026-08-04
    days on market $67,900 Active 95 DOM
45. 2026-08-03
    days on market $67,900 Active 94 DOM
46. 2026-07-31
    days on market $67,900 Active 91 DOM
47. 2026-07-30
    days on market $67,900 Active 90 DOM
48. 2026-07-29
    days on market $67,900 Active 89 DOM
49. 2026-07-27
    days on market $67,900 Active 87 DOM
50. 2026-07-25
    days on market $67,900 Active 85 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 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥99°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,322
• − Mortgage interest: −$3,803
• − Property taxes: −$1,018
• − Insurance: −$1,137
• − Repairs & maintenance: −$1,306
• − Management: −$1,306
• − Depreciation: −$1,975
• Taxable income: $5,776
• Est. tax owed @ 24.0%: −$1,386
• After-tax cash flow: $5,080/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab Est. rehab $5,440–$16,320 screening

This modern mobile home in Royal Village offers a comfortable open-concept layout with updated features and an in-home washer and dryer. It is in good condition with minor cosmetic updates needed for optimal curb appeal.

Value-add opportunities

• Both landscaping — enhances curb appeal and adds value ↑
• Both paint exterior — improves curb appeal and adds value ↑
• Both paint trim — enhances curb appeal and adds value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 48/100

Zoned Schools

Elementary Dorr Street Elementary School D- OH #942/1,584 Nat'l #14,504/41,679 Middle Springfield Middle School C- OH #435/654 Nat'l #3,846/14,009 High Springfield High School D+ OH #384/781 Nat'l #5,448/17,239

Schools (NCES district)

• District: Springfield Local
• NCES district ID: 3904822
• Math proficiency: 47% ▼ -17.00%
• Reading proficiency: 57% ▼ -11.00%
• Median HH income: $54,807
• Composite: 44.87/100
• National rank: #2719
• State rank: #404 of 656 in OH

C Composite livability gradescore 66/100

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

• County: Lucas County · 420,751 people
• City population: 280,811
• Metro: Toledo, OH
• Population (ZIP): 40,146
• Household income: $57,713
• Rent vs Own: 46.0% rent · 54.0% own
• Severe rent burden: 9% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (62%)
• Race & ethnicity: White 62% Black 26% Two or more races 6% Hispanic / Latino 4% Asian 3%
• Common ancestry: Romanian 7% Lithuanian 3% Slovak 2%
• Foreign-born: 5% · China, Canada
• Languages at home: 93% English-only · Arabic 2% Spanish 1% Chinese 1%

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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: ▼ -96.44%
• Current HPI: 205.95
• Rent YoY: ▲ 2.59%
• Metro: Toledo, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

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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

Property features AI

Finance

• Other: Address: 7519 Dorr St #97, Toledo, OH 43615
• Financial info: List price $53,900

Exterior

• Utilities: Forced air heating (listed under utilities)
• Home design: Spec new construction — Champion Redman Advantage planActive listing
• Construction: Living area approximately 1088 (provided)
• Exterior features: Shake roof

Interior

• Kitchen: DishwasherRefrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating
• Interior features: DishwasherRefrigerator
• Laundry & utility: WasherDryer