130 1st St · Newcomerstown, OH 43832

$169,900

3 bd · 1.0 ba · 1,688 sqft · SingleFamily public records · 68 Days on market

Built 1920 9,435 sqft lot $101/sqft · 35% above area Est $188k · 10% under

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Why this score? — see what drove the D 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 +11.9/15.0
• Cash flow +11.6/30.0
• Schools +3.9/10.0
• DSCR +3.4/10.0
• Livability +3.1/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful original woodwork and pocket doors await you in this Century home. Many updates throughout are already complete for you such as the windows, 200 Amp box, roof, Shaw vinyl flooring, kitchen and bathroom . With 3 bedrooms and 1 large bath this home is ready for your personalization, just needing some cosmetic details. A large fenced in backyard includes a storage shed. The garage is a 2 car depth space which allows for a work area including cabinetry. Location is minutes from SR 36 and 77, yet nestled into the Village of Newcomerstown.

Key facts

• Pocket doors
• Fenced in backyard
• Cabinetry

Tags

• ORIGINAL WOODWORK
• POCKET DOORS
• FENCED IN BACKYARD
• STORAGE SHED
• WORK AREA
• CABINETRY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $-53 ($-641/yr) — negative.
• To cash-flow at today's rent, offer at most $160k (5.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $130k (23.6% below list).
• Recommended offer: $130k (23.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 61/100 on livability (#951 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools C-, amenities F, commute F.
• Newcomerstown Exempted Village (town): math 40% / reading 53% proficiency, ranked #494 of 656 in OH (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 33 active listings in the ZIP; 244 units permitted in Tuscarawas County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($51k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Tuscarawas County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 68 days — a 6% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $83k; list at $170k implies a 105% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $129,783 (23.6% 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 68 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
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: 0.76% ✗
• Cap rate: 5.92%
• Cash-on-cash: -1.35%
• DSCR: 0.94
• GRM: 10.9

CMA / ARV

• ARV (median comp): $188,217
• List price: $169,900
• Delta: -9.73%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
414 Cross St	0.07mi	3/1.5	1,680 (-0%)	12mo	$124,900	$74	84
430 Cross St SW	0.08mi	3/2.0	1,682 (-0%)	12mo	$225,000	$134	82
750 Cross St	0.25mi	3/1.0	1,632 (-3%)	2mo	$83,000	$51	81
313 E Canal St	0.31mi	3/1.5	1,594 (-6%)	12mo	$150,000	$94	64
428 Chestnut St	0.53mi	3/1.0	1,540 (-9%)	1mo	$95,000	$62	60
318 S River St	0.47mi	4/2.0 (+1)	1,712 (+1%)	10mo	$179,900	$105	58
516 Mulvane St	0.57mi	2/1.0 (-1)	1,728 (+2%)	8mo	$161,000	$93	58
159 E Church St	0.31mi	2/1.0 (-1)	1,488 (-12%)	13mo	$92,000	$62	50
145 Chapman Ave	0.66mi	3/1.5	1,833 (+9%)	4mo	$140,000	$76	49
455 Martin Luther King Dr	0.55mi	4/2.0 (+1)	1,568 (-7%)	12mo	$122,750	$78	44
486 S River St	0.67mi	3/2.5	1,568 (-7%)	10mo	$150,000	$96	43
429 Dewey Ave	0.70mi	4/2.0 (+1)	1,770 (+5%)	14mo	$229,900	$130	38

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: -18.6%
• Equity multiple: 0.35×
• Total profit: $-30,972
• Equity at exit: $25,333

10-year hold

• IRR: -11.0%
• Equity multiple: 0.34×
• Total profit: $-31,510
• Equity at exit: $14,690

Cash invested: $47,572 (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 43832

• Home prices YoY: -31.8%
• Active inventory: 33
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,298 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$117 /mo · $1,403/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$273
• Net cashflow: $-53

Break-even live

Break-even rent $1,365

Max offer price $160,464

Occupancy floor 99%

Sensitivity live

Price	-10% $43	-5% $-5	+0% $-53	+5% $-102	+10% $-150
Rent	-10% $-156	-5% $-105	+0% $-53	+5% $-2	+10% $49
Rate	-1.0pp $32	-0.5pp $-10	base $-53	+0.5pp $-97	+1.0pp $-142

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-21
   days on market $169,900 Active 68 DOM
2. 2026-06-18
   days on market $169,900 Active 66 DOM
3. 2026-06-17
   days on market $169,900 Active 65 DOM
4. 2026-06-16
   days on market $169,900 Active 64 DOM
5. 2026-06-15
   days on market $169,900 Active 63 DOM
6. 2026-06-13
   days on market $169,900 Active 61 DOM
7. 2026-06-12
   days on market $169,900 Active 60 DOM
8. 2026-06-09
   days on market $169,900 Active 57 DOM
9. 2026-06-08
   days on market $169,900 Active 56 DOM
10. 2026-06-08
    days on market $169,900 Active 55 DOM
11. 2026-06-05
    days on market $169,900 Active 53 DOM
12. 2026-06-04
    days on market $169,900 Active 51 DOM
13. 2026-06-02
    days on market $169,900 Active 50 DOM
14. 2026-06-01
    days on market $169,900 Active 49 DOM
15. 2026-05-31
    days on market $169,900 Active 48 DOM
16. 2026-05-03
    price $169,900 549-char remark

    Show marketing remark (549 chars)

    Beautiful original woodwork and pocket doors await you in this Century home. Many updates throughout are already complete for you such as the windows, 200 Amp box, roof, Shaw vinyl flooring, kitchen and bathroom . With 3 bedrooms and 1 large bath this home is ready for your personalization, just needing some cosmetic details. A large fenced in backyard includes a storage shed. The garage is a 2 car depth space which allows for a work area including cabinetry. Location is minutes from SR 36 and 77, yet nestled into the Village of Newcomerstown.

17. 2026-04-13
    listed $179,900 Active 549-char remark

    Show marketing remark (549 chars)

    Beautiful original woodwork and pocket doors await you in this Century home. Many updates throughout are already complete for you such as the windows, 200 Amp box, roof, Shaw vinyl flooring, kitchen and bathroom . With 3 bedrooms and 1 large bath this home is ready for your personalization, just needing some cosmetic details. A large fenced in backyard includes a storage shed. The garage is a 2 car depth space which allows for a work area including cabinetry. Location is minutes from SR 36 and 77, yet nestled into the Village of Newcomerstown.

18. 2019-06-20
    soldstatus $83,000
19. 1996-01-19
    soldstatus $48,750
20. 1994-01-27
    soldstatus $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: $1,403 · $117/mo
• Projected year-2 tax: $2,027 · $169/mo
• Expected delta: +$624/yr (+$52/mo · 44.4%)

ⓘ 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 ≥98°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,574
• − Mortgage interest: −$9,517
• − Property taxes: −$1,403
• − Insurance: −$850
• − Repairs & maintenance: −$1,246
• − Management: −$1,246
• − Depreciation: −$4,943
• Taxable loss: −$3,630
• Est. tax savings @ 24.0%: +$871
• After-tax cash flow: $230/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: Newcomerstown Exempted Village
• NCES district ID: 3904554
• Math proficiency: 40% ▼ -17.00%
• Reading proficiency: 53% ▼ -6.00%
• Median HH income: $39,463
• Composite: 38.83/100
• National rank: #4108
• State rank: #494 of 656 in OH

Livability — Newcomerstown

• Score: 61/100
• State rank: #951
• US rank: #18329

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newcomerstown, OH
• County: Tuscarawas · 99,287 people
• Population (ZIP): 7,088
• Household income: $50,941
• Rent vs Own: 33.1% rent · 66.9% own

Population outlook (Tuscarawas County) Hauer SSP2

• Today (2025): 92,253 people
• By 2030: 91,060 · -1.3%
• By 2040: 87,479 · -5.2%
• By 2050: 83,174 · -9.8%
• By 2075: 72,000 · -22.0%
• By 2100: 58,574 · -36.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 5% Hispanic / Latino 2%
• Common ancestry: Iranian 4% Italian 1% Lithuanian 1%
• Foreign-born: 1%
• Languages at home: 92% English-only · German/W. Germanic 7% Spanish 1%

Political lean MEDSL · Tuscarawas

• 2024 margin: Solid R (+43.3) · D 28.0% · R 71.2%
• 2008→2024 swing: -45.7pp toward R · 2008: 2.4pp · 2024: -43.3pp
• All cycles: 2024: R+43.3 2020: R+39.9 2016: R+35.5 2012: R+9.8 2008: D+2.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -89.02%
• Current HPI: 191.3232
• 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

+277.6% since first listed

5 events — show timeline

• 2026-05-03 Price Changed $169,900 MLSNOW
• 2026-04-13 Listed $179,900 MLSNOW
• 2019-06-20 Sold (Public Records) $83,000 Public Records
• 1996-01-19 Sold (Public Records) $48,750 Public Records
• 1994-01-27 Sold (Public Records) $45,000 Public Records

Property tax history

+3.6%/yr

Latest (2025): $1,403 · +25.3% YoY. Source: county tax records.