299 Ronald Dr · Pataskala, OH 43062

$139,000

3 bd · 2.0 ba · 1,296 sqft · Manufactured · 31 Days on market

Built 2003 Fair condition $650/mo HOA · 26% of rent

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Why this score? — see what drove the C+ 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 +25.7/30.0
• 1% rule +10.0/10.0
• DSCR +8.6/10.0
• ARV discount +7.5/15.0
• Schools +3.9/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious 3 bedroom/2 bath doublewide on corner lot with 3-4 vehicle carport. Some interior and exterior updates. Eat-in kitchen with ample cabinets. Separate dining room. The master has a walk-in tub and separate shower. All appliances stay, including the washer and dryer.

Key facts

• New side deck
• Walk-in tub jacuzzi
• Oversized yard

Tags

• 3 VEHICLE CARPORT
• OVERSIZED YARD
• NEW SIDE DECK
• WALK-IN TUB JACUZZI
• SEPARATE SHOWER

Property features AI

Finance

• HOA & community: Homeowners association with a clubhouse; HOA dues $650 monthly; HOA dues include cable/satellite and trash

Exterior

• Parking: Carport with space for 3 vehicles
• Utilities: Public water; Public sewer
• Home design: Single-story mobile-home style; Built in 2003; No common walls; Located in Summit Ridge Estates
• Construction: Slab foundation
• Exterior features: Shed(s) on property; Mobile home dimensions approximately 48' x 27'

Interior

• Bedrooms: Three main-level bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Insulated windows throughout

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $139k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $332 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $139k).
• Recommended offer: $135k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 3.3% in Pataskala — 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 76/100 on livability (#226 in OH, #3,534 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A; Watch: amenities F, commute F.
• Licking Heights Local (rural): math 37% / reading 50% proficiency, ranked #493 of 656 in OH (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 160 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 159 units permitted in Licking County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($135k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y 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 $65k; list at $139k implies a 114% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 26% of rent.

Recommended offer $134,830 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-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?
6. 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.
7. 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.
8. 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: 1.77% ✓
• Cap rate: 9.16%
• Cash-on-cash: 10.24%
• DSCR: 1.46
• GRM: 4.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -0.6%
• Equity multiple: 0.98×
• Total profit: $-928
• Equity at exit: $20,725

10-year hold

• IRR: 9.3%
• Equity multiple: 1.72×
• Total profit: $28,211
• Equity at exit: $12,018

Cash invested: $38,920 (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 43062

• Active inventory: 160
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $2,459 medium
• Mortgage (P&I): −$729
• Tax est. 1.5%: −$174 /mo · $2,085/yr
• Insurance: −$58
• HOA: −$650
• Vacancy / Maint / Mgmt: −$516
• Net cashflow: $332

Break-even live

Break-even rent $2,039

Max offer price $139,000

Occupancy floor 81%

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
230 Monarch Dr Pataskala, OH	3.0	2.0	1328	$2,186	$1.65	24d	1	0.80mi
390 Golden Valley Dr Pataskala, OH	3.0	2.5	1648	$2,300	$1.40	44d	1	1.38mi

HOA detail

• Monthly dues: $650 · $7,800/yr

Listing history 26 events

1. 2026-06-18
   days on market $139,000 Active 31 DOM
2. 2026-06-17
   days on market $139,000 Active 30 DOM
3. 2026-06-16
   days on market $139,000 Active 29 DOM
4. 2026-06-15
   days on market $139,000 Active 28 DOM
5. 2026-06-13
   days on market $139,000 Active 26 DOM
6. 2026-06-13
   days on market $139,000 Active 25 DOM
7. 2026-06-09
   days on market $139,000 Active 22 DOM
8. 2026-06-08
   pricedays on market $139,000 Active 21 DOM
9. 2026-06-07
   days on market $145,000 Active 20 DOM
10. 2026-06-03
    days on market $145,000 Active 16 DOM
11. 2026-06-02
    days on market $145,000 Active 15 DOM
12. 2026-06-01
    days on market $145,000 Active 14 DOM
13. 2026-05-31
    days on market $145,000 Active 13 DOM
14. 2026-05-18
    listed $145,000 Active
15. 2023-04-25
    historical 273-char remark

    Show marketing remark (273 chars)

    Spacious 3 bedroom/2 bath doublewide on corner lot with 3-4 vehicle carport. Some interior and exterior updates. Eat-in kitchen with ample cabinets. Separate dining room. The master has a walk-in tub and separate shower. All appliances stay, including the washer and dryer.

16. 2023-04-24
    soldstatus $65,000 Closed 273-char remark

    Show marketing remark (273 chars)

    Spacious 3 bedroom/2 bath doublewide on corner lot with 3-4 vehicle carport. Some interior and exterior updates. Eat-in kitchen with ample cabinets. Separate dining room. The master has a walk-in tub and separate shower. All appliances stay, including the washer and dryer.

17. 2023-03-20
    status Pending 273-char remark

    Show marketing remark (273 chars)

    Spacious 3 bedroom/2 bath doublewide on corner lot with 3-4 vehicle carport. Some interior and exterior updates. Eat-in kitchen with ample cabinets. Separate dining room. The master has a walk-in tub and separate shower. All appliances stay, including the washer and dryer.

18. 2023-03-14
    listed $70,000 Active 273-char remark

    Show marketing remark (273 chars)

    Spacious 3 bedroom/2 bath doublewide on corner lot with 3-4 vehicle carport. Some interior and exterior updates. Eat-in kitchen with ample cabinets. Separate dining room. The master has a walk-in tub and separate shower. All appliances stay, including the washer and dryer.

19. 2023-03-12
    historical $70,000 273-char remark

    Show marketing remark (273 chars)

    Spacious 3 bedroom/2 bath doublewide on corner lot with 3-4 vehicle carport. Some interior and exterior updates. Eat-in kitchen with ample cabinets. Separate dining room. The master has a walk-in tub and separate shower. All appliances stay, including the washer and dryer.

20. 2023-01-02
    historical
21. 2022-10-27
    price $71,000
22. 2022-10-27
    status Active
23. 2022-10-22
    status Pending
24. 2022-09-23
    price $83,500
25. 2022-09-20
    price $99,950
26. 2022-09-19
    listed $109,500 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 ≥98°F today · 19 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,511
• − Mortgage interest: −$7,786
• − Property taxes: −$2,085
• − Insurance: −$695
• − Repairs & maintenance: −$2,361
• − Management: −$2,361
• − HOA: −$7,800
• − Depreciation: −$4,044
• Taxable income: $2,380
• Est. tax owed @ 24.0%: −$571
• After-tax cash flow: $3,416/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 · 1 photo

Fair 45/100 Moderate rehab

This home requires significant updates to its interior and exterior to improve its condition and value. Fresh paint and landscaping would be the highest-ROI updates.

Repairs flagged

• Major Kitchen cabinets — No photos of the kitchen
• Major Bathroom fixtures — No photos of the bathrooms
• Major Paint — Paint appears old and dull
• Major Landscaping — No photos of the landscaping

Value-add opportunities

• Both Paint — Fresh paint can significantly improve the home's curb appeal and interior aesthetics
• Both Landscaping — A well-maintained yard can enhance the home's curb appeal and add value
• Resale Kitchen cabinets — Fresh cabinets can improve the home's functionality and appearance
• Resale Bathroom fixtures — Upgraded fixtures can enhance the home's functionality and appearance

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · No photos of the kitchen	Major	$15,000–50,000
Bathroom fixtures · No photos of the bathrooms	Major	$15,000–50,000
Paint · Paint appears old and dull	Major	$15,000–50,000
Landscaping · No photos of the landscaping	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both Paint — Fresh paint can significantly improve the home's curb appeal and interior aesthetics ↑
• Both Landscaping — A well-maintained yard can enhance the home's curb appeal and add value ↑
• Resale Kitchen cabinets — Fresh cabinets can improve the home's functionality and appearance ↑
• Resale Bathroom fixtures — Upgraded fixtures can enhance the home's functionality and appearance ↑

ⓘ 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: Licking Heights Local
• NCES district ID: 3904800
• Math proficiency: 37% ▼ -27.00%
• Reading proficiency: 50% ▼ -14.00%
• Median HH income: $68,105
• Composite: 39.08/100
• National rank: #4050
• State rank: #493 of 656 in OH

Livability — Pataskala

• Score: 76/100
• State rank: #226
• US rank: #3534

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pataskala, OH
• County: Licking County · 109,194 people
• City population: 32,037
• Metro: Columbus, OH
• Population (ZIP): 32,037
• Household income: $105,968
• Rent vs Own: 18.4% rent · 81.6% own
• Severe rent burden: 316.0

Population outlook (Licking County) Hauer SSP2

• Today (2025): 178,210 people
• By 2030: 180,917 · +1.5%
• By 2040: 183,885 · +3.2%
• By 2050: 182,985 · +2.7%
• By 2075: 178,377 · +0.1%
• By 2100: 161,075 · -9.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Asian 8% Two or more races 6% Black 5% Hispanic / Latino 4%
• Common ancestry: Slovak 3% Romanian 2% Scotch-Irish 2%
• Foreign-born: 9% · India, Canada
• Languages at home: 88% English-only · Other Indo-European 7% Spanish 2% Arabic 1%

Political lean MEDSL · Licking

• 2024 margin: Solid R (+30.0) · D 34.5% · R 64.6%
• 2008→2024 swing: -14.2pp toward R · 2008: -15.8pp · 2024: -30.0pp
• All cycles: 2024: R+30.0 2020: R+28.1 2016: R+28.9 2012: R+14.7 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -255.15%
• Current HPI: 236.5135
• Rent YoY: —
• Metro: Columbus, 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

+32.4% since first listed

13 events — show timeline

• 2026-05-18 Listed $145,000 CBRMLS
• 2023-04-25 Listing Removed — CBRMLS
• 2023-04-24 Sold (MLS) $65,000 CBRMLS
• 2023-03-20 Pending — CBRMLS
• 2023-03-14 Listed $70,000 CBRMLS
• 2023-03-12 Coming Soon $70,000 CBRMLS
• 2023-01-02 Listing Removed — CBRMLS
• 2022-10-27 Price Changed $71,000 CBRMLS
• 2022-10-27 Relisted — CBRMLS
• 2022-10-22 Pending — CBRMLS
• 2022-09-23 Price Changed $83,500 CBRMLS
• 2022-09-20 Price Changed $99,950 CBRMLS
• 2022-09-19 Listed $109,500 CBRMLS