6275 Cherokee Ln · Harrisburg, OH 43146

$99,500

3 bd · 2.0 ba · 1,153 sqft · SingleFamily · 52 Days on market

Built 2024 Good condition $475/mo HOA · 25% of rent ↓ 40% since listing

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Cash flow +4.2/30.0
• Condition / age +4.0/5.0
• Livability +3.1/5.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Absolutely--there's a lot more to love about TRU homes beyond those already impressive features. For starters, these homes are designed with durability and long-term value in mind. High-quality construction materials and thoughtful engineering mean you're getting a home that's built to last, not just look good on move-in day. From sturdy framing to energy-efficient insulation, every detail is chosen to support comfortable, reliable living. Another standout benefit is flexibility. TRU homes come in a variety of layouts and sizes, making it easier to find a model that fits your lifestyle--whether you're a first-time buyer, a growing family, or someone looking to downsize without sacrificing comfort. Many floor plans include spacious primary suites, walk-in closets, and well-separated bedrooms for added privacy. Storage is also a big plus. Beyond generous kitchen cabinetry, you'll find smart storage solutions throughout the home, helping you stay organized without feeling cramped. Combined with open-concept living areas, this creates a space that feels both functional and inviting. Energy efficiency continues throughout the home as well. From modern windows that help regulate indoor temperatures to appliances designed to reduce energy use, TRU homes are built to help keep utility costs manageable--something that matters more than ever today. And finally, there's the overall livability factor. These homes are designed for real life: easy-to-clean surfaces, practical layouts, and features that support everyday routines. Whether you're hosting friends, relaxing after work, or managing a busy household, TRU homes make it all feel a little easier. Come check out Fox Lair Farms and the quiet peaceful setting only minutes from I-71.

Key facts

• Park like setting
• Great yard
• Brand new model

Tags

• BRAND NEW MODEL
• GREAT YARD
• PATIO
• PARK LIKE SETTING

Property features AI

Finance

• Other: Subdivision: Fox Lair Farms; Township: Darby
• HOA & community: Homeowners association with a $475 monthly fee; HOA covers sewer, trash, and snow removal

Exterior

• Utilities: Public water; Private sewer
• Home design: New construction (to be built); Other residential without deeded land; One story; No common walls; Built in 2024
• Construction: Built in 2024
• Exterior features: Other foundation details

Interior

• Bedrooms: 3 main-level bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: 1153 total building area (floor plan)

🏗️ New construction. The $99,500 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $249,728.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $100k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-672 ($-8k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $97k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#942 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A-; Watch: schools F, amenities F, commute F.
• Westfall Local (rural): math 49% / reading 66% proficiency, ranked #304 of 656 in OH (top 46%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 24 active listings in the ZIP; 312 units permitted in Pickaway County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($74k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Pickaway County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts; this cycle's ask has dropped $6k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.8% of price; HOA is 25% of rent.

Recommended offer $96,515 (3.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
8. 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.
9. 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.
10. 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: 0.77% ✗
• Cap rate: 3.06%
• Cash-on-cash: -11.54%
• DSCR: 0.49
• GRM: 10.8

CMA / ARV

• ARV (median comp): $249,728
• List price: $99,500
• Delta: -60.16%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8660 Kanawha Dr	0.06mi	3/2.0	1,152 (-0%)	18mo	$119,900	$104	82

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: -37.2%
• Equity multiple: -0.19×
• Total profit: $-82,961
• Equity at exit: $37,235

10-year hold

• IRR: -52.1%
• Equity multiple: -0.80×
• Total profit: $-126,067
• Equity at exit: $21,592

Cash invested: $69,924 (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 43146

• Home prices YoY: -26.8%
• Active inventory: 24
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $1,935 medium
• Mortgage (P&I): −$1,310
• Tax est. 1.5%: −$312 /mo · $3,746/yr
• Insurance: −$104
• HOA: −$475
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $-672

Break-even live

Break-even rent $2,786

Max offer price $152,455

Occupancy floor —

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: $62,432
• Closing costs: $7,492
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $475 · $5,700/yr

Listing history 25 events

1. 2026-06-18
   days on market $99,500 Active 52 DOM
2. 2026-06-17
   days on market $99,500 Active 51 DOM
3. 2026-06-16
   days on market $99,500 Active 50 DOM
4. 2026-06-15
   days on market $99,500 Active 49 DOM
5. 2026-06-13
   days on market $99,500 Active 47 DOM
6. 2026-06-12
   days on market $99,500 Active 46 DOM
7. 2026-06-09
   days on market $99,500 Active 43 DOM
8. 2026-06-08
   days on market $99,500 Active 42 DOM
9. 2026-06-08
   days on market $99,500 Active 41 DOM
10. 2026-06-05
    days on market $99,500 Active 39 DOM
11. 2026-06-04
    pricedays on market $99,500 Active 37 DOM
12. 2026-06-02
    days on market $105,000 Active 36 DOM
13. 2026-06-01
    days on market $105,000 Active 35 DOM
14. 2026-05-31
    days on market $105,000 Active 34 DOM
15. 2026-04-27
    listed $105,000 Active 251-char remark
16. 2026-03-26
    historical

    Show marketing remark (1752 chars)

    Absolutely--there's a lot more to love about TRU homes beyond those already impressive features. For starters, these homes are designed with durability and long-term value in mind. High-quality construction materials and thoughtful engineering mean you're getting a home that's built to last, not just look good on move-in day. From sturdy framing to energy-efficient insulation, every detail is chosen to support comfortable, reliable living. Another standout benefit is flexibility. TRU homes come in a variety of layouts and sizes, making it easier to find a model that fits your lifestyle--whether you're a first-time buyer, a growing family, or someone looking to downsize without sacrificing comfort. Many floor plans include spacious primary suites, walk-in closets, and well-separated bedrooms for added privacy. Storage is also a big plus. Beyond generous kitchen cabinetry, you'll find smart storage solutions throughout the home, helping you stay organized without feeling cramped. Combined with open-concept living areas, this creates a space that feels both functional and inviting. Energy efficiency continues throughout the home as well. From modern windows that help regulate indoor temperatures to appliances designed to reduce energy use, TRU homes are built to help keep utility costs manageable--something that matters more than ever today. And finally, there's the overall livability factor. These homes are designed for real life: easy-to-clean surfaces, practical layouts, and features that support everyday routines. Whether you're hosting friends, relaxing after work, or managing a busy household, TRU homes make it all feel a little easier. Come check out Fox Lair Farms and the quiet peaceful setting only minutes from I-71.

17. 2026-03-26
    listed $79,900 Active

    Show marketing remark (1752 chars)

    Absolutely--there's a lot more to love about TRU homes beyond those already impressive features. For starters, these homes are designed with durability and long-term value in mind. High-quality construction materials and thoughtful engineering mean you're getting a home that's built to last, not just look good on move-in day. From sturdy framing to energy-efficient insulation, every detail is chosen to support comfortable, reliable living. Another standout benefit is flexibility. TRU homes come in a variety of layouts and sizes, making it easier to find a model that fits your lifestyle--whether you're a first-time buyer, a growing family, or someone looking to downsize without sacrificing comfort. Many floor plans include spacious primary suites, walk-in closets, and well-separated bedrooms for added privacy. Storage is also a big plus. Beyond generous kitchen cabinetry, you'll find smart storage solutions throughout the home, helping you stay organized without feeling cramped. Combined with open-concept living areas, this creates a space that feels both functional and inviting. Energy efficiency continues throughout the home as well. From modern windows that help regulate indoor temperatures to appliances designed to reduce energy use, TRU homes are built to help keep utility costs manageable--something that matters more than ever today. And finally, there's the overall livability factor. These homes are designed for real life: easy-to-clean surfaces, practical layouts, and features that support everyday routines. Whether you're hosting friends, relaxing after work, or managing a busy household, TRU homes make it all feel a little easier. Come check out Fox Lair Farms and the quiet peaceful setting only minutes from I-71.

18. 2026-03-19
    historical
19. 2026-02-09
    price $107,000
20. 2026-01-15
    price $97,900
21. 2025-09-25
    listed $108,000 Active
22. 2025-09-25
    listed $98,309 Active
23. 2025-07-05
    historical
24. 2025-04-10
    price $121,900
25. 2025-01-04
    listed $124,900 Active

ⓘ 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 1/10 Low
• 🌡 Heat 3/10 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 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,219
• − Mortgage interest: −$13,989
• − Property taxes: −$3,746
• − Insurance: −$1,249
• − Repairs & maintenance: −$1,858
• − Management: −$1,858
• − HOA: −$5,700
• − Depreciation: −$7,265
• Taxable loss: −$12,444
• Est. tax savings @ 24.0%: +$2,987
• 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

This home is in good condition with a cosmetic rehab level, featuring a well-maintained exterior, interior, and landscaping. Potential buyers can expect a fresh paint job and some minor updates to the kitchen and living room to further enhance the home's value.

Value-add opportunities

• Both Painting the exterior siding — Fresh paint can enhance the curb appeal and increase the home's value.
• Both Landscaping the front yard — A well-maintained front yard can improve the home's curb appeal and attract more potential buyers.
• Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing to potential buyers.
• Both Adding a small outdoor patio — An outdoor patio can increase the home's livability and appeal to potential buyers.
• Both Upgrading the flooring in the living room — Upgrading the flooring can make the living room more comfortable and visually appealing to potential buyers.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior siding — Fresh paint can enhance the curb appeal and increase the home's value. ↑
• Both Landscaping the front yard — A well-maintained front yard can improve the home's curb appeal and attract more potential buyers. ↑
• Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing to potential buyers. ↑
• Both Adding a small outdoor patio — An outdoor patio can increase the home's livability and appeal to potential buyers. ↑
• Both Upgrading the flooring in the living room — Upgrading the flooring can make the living room more comfortable and visually appealing to potential buyers. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Westfall Local
• NCES district ID: 3904910
• Math proficiency: 49% ▼ -15.00%
• Reading proficiency: 66% ▬ 0.00%
• Median HH income: $63,733
• Composite: 50.25/100
• National rank: #1891
• State rank: #304 of 656 in OH

Livability — Harrisburg

• Score: 61/100
• State rank: #942
• US rank: #18192

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pickaway · 57,589 people
• City population: 360
• Metro: Columbus, OH
• Population (ZIP): 13,325
• Household income: $73,904
• Rent vs Own: 13.1% rent · 86.9% own

Population outlook (Pickaway County) Hauer SSP2

• Today (2025): 59,488 people
• By 2030: 60,400 · +1.5%
• By 2040: 61,498 · +3.4%
• By 2050: 61,478 · +3.3%
• By 2075: 59,696 · +0.3%
• By 2100: 51,458 · -13.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Black 11% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Iranian 2% Slovak 1% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 1% Other Indo-European 1%

Political lean MEDSL · Pickaway

• 2024 margin: Solid R (+48.5) · D 25.3% · R 73.8%
• 2008→2024 swing: -26.8pp toward R · 2008: -21.7pp · 2024: -48.5pp
• All cycles: 2024: R+48.5 2020: R+47.0 2016: R+42.6 2012: R+18.7 2008: R+21.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -99.05%
• Current HPI: 271.1768
• 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

-40.4% since first listed

13 events — show timeline

• 2026-06-03 Price Changed $74,500 CBRMLS
• 2026-06-03 Price Changed $99,500 CBRMLS
• 2026-04-27 Listed $105,000 CBRMLS
• 2026-03-26 Listing Removed — CBRMLS
• 2026-03-26 Listed $79,900 CBRMLS
• 2026-03-19 Listing Removed — CBRMLS
• 2026-02-09 Price Changed $107,000 CBRMLS
• 2026-01-15 Price Changed $97,900 CBRMLS
• 2025-09-25 Listed $98,309 CBRMLS
• 2025-09-25 Listed $108,000 CBRMLS
• 2025-07-05 Listing Removed — CBRMLS
• 2025-04-10 Price Changed $121,900 CBRMLS
• 2025-01-04 Listed $124,900 CBRMLS