1736 Marlow Rd · Toledo, OH 43613

$72,500

2 bd · 1.0 ba · 800 sqft · SingleFamily public records · 3 Days on market

Built 1928 3,700 sqft lot Est $74k · at est.

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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 +29.7/30.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• ARV discount +8.2/15.0
• 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 MLS

Charming home built in 1928. 2 bedroom home has original hardwood flooring, doors, crystal door knobs, & woodwork! A full finished basement offers space for rec room, gym, office & laundry room with tons of additional storage. If a short commute to work is what you are looking for, home is conveniently located close to 75/475, & some of the City's largest employers such as The Toledo Hospital, Jeep, & Dana Corporation. If shopping, dining, or entertainment is what you are in the market for. This home is less than 10 mins from downtown, The Casino, Art Museum, Movies & Shopping. A must see!!!

Key facts

• Near major employers
• Prime location
• 3,700 sq ft lot

Tags

• FULLY FINISHED BASEMENT
• PRIME LOCATION
• NEAR MAJOR EMPLOYERS
• 10 MINUTES FROM DOWNTOWN

Property features AI

Exterior

• Parking: Detached garage with storage; Driveway; Asphalt parking; Approximately 1.5 garage spaces
• Utilities: Electricity available; Natural gas connected; Public water; Public sewer
• Home design: Single-family residence (house); One level / single-story; No shared/common walls
• Construction: Aluminum siding; Block foundation; One-story construction
• Exterior features: Balcony; Shingle roof

Interior

• Kitchen: Kitchen on main level (11 x 9)
• Bedrooms: Bedroom 2 on main level; Other main-level rooms include living room (18 x 9) and dining room (12 x 13)
• Flooring: Carpet; Hardwood; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (forced air, natural gas); Central air conditioning
• Interior features: Ceiling fan(s); Finished basement; 5 total rooms
• Laundry & utility: Laundry located in basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $72k.

Deal economics

• At list price, monthly cash flow is $265 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($973 rent vs $72k).
• Cap rate 10.7% vs local median 7.6% 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: Deveaux Elementary School (math 13% / reading 16%, grade F, #1,400 of 1,584 statewide, top 90%, 475 students, 0% FRL); Start High School (math 11% / reading 33%, grade F, #672 of 781 statewide, top 86%, 1,242 students, 50% FRL) — zoned schools average 25% FRL vs 72% district-wide (47 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising (+3.3%/yr); 111 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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 $501 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 $20k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $72,500

Questions for the listing agent

1. Built in 1928 — 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: 1.34% ✓
• Cap rate: 10.67%
• Cash-on-cash: 15.65%
• DSCR: 1.70
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $73,600
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1829 Talbot St	0.17mi	2/1.0	864 (+8%)	2mo	$50,000	$58	77
2021 Barrows St	0.45mi	2/1.0	792 (-1%)	2mo	$72,000	$91	76
1831 Talbot St	0.18mi	2/1.0	720 (-10%)	3mo	$52,000	$72	73
1730 Balkan Pl	0.22mi	2/1.0	872 (+9%)	3mo	$80,000	$92	72
3821 Jackman Rd	0.31mi	2/1.0	736 (-8%)	2mo	$62,000	$84	70
2003 Berdan Ave	0.39mi	2/1.0	838 (+5%)	4mo	$58,500	$70	70
3917 Almeda Dr	0.49mi	2/1.0	839 (+5%)	2mo	$103,000	$123	68
1734 Barrows St	0.33mi	2/1.0	912 (+14%)	1mo	$90,000	$99	60
2022 Berdan Ave	0.44mi	2/1.0	712 (-11%)	4mo	$45,198	$63	58
4025 Belmar Ave	0.60mi	2/1.0	723 (-10%)	2mo	$97,000	$134	54
3846 Burton Ave	0.49mi	2/1.0	906 (+13%)	4mo	$99,900	$110	52
4037 Commonwealth Ave	0.64mi	2/1.0	686 (-14%)	3mo	$106,000	$155	44

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: 6.8%
• Equity multiple: 1.27×
• Total profit: $5,422
• Equity at exit: $10,810

10-year hold

• IRR: 16.4%
• Equity multiple: 2.37×
• Total profit: $27,712
• Equity at exit: $6,268

Cash invested: $20,300 (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: 111
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $973 high
• Mortgage (P&I): −$380
• Tax from tax record: −$93 /mo · $1,120/yr
• Insurance: −$30
• HOA: −$0
• Vacancy / Maint / Mgmt: −$204
• Net cashflow: $265

Break-even live

Break-even rent $638

Max offer price $72,500

Occupancy floor 68%

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: $18,125
• Closing costs: $2,175
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1705 Marlow Rd Toledo, OH	2.0	1.0	738	$1,000	$1.36	23d	1	0.07mi
1732 Talbot St Toledo, OH	2.0	1.0	840	$995	$1.18	23d	1	0.15mi
1846 Loxley Rd Toledo, OH	2.0	1.0	876	$900	$1.03	43d	1	0.17mi
3683 Upton Ave Toledo, OH	3.0	1.0	1119	$1,100	$0.98	43d	1	0.23mi
1951 Loxley Rd Toledo, OH	2.0	1.0	804	$975	$1.21	23d	1	0.28mi
3801 Torrance Dr Unit 3801 4 Toledo, OH	1.0	1.0	750	$600	$0.80	23d	1	0.32mi
1718 Giant St Toledo, OH	3.0	1.0	1080	$1,395	$1.29	13d	1	0.37mi
1838 Giant St Toledo, OH	3.0	1.0	962	$1,200	$1.25	13d	1	0.38mi
1804 Bigelow St Toledo, OH	3.0	1.0	995	$937	$0.94	43d	1	0.42mi
1489 Berdan Ave Toledo, OH	3.0	1.0	1068	$1,250	$1.17	43d	1	0.42mi
3817 Burton Ave Toledo, OH	3.0	1.0	754	$1,015	$1.35	21d	1	0.42mi
3940 Jackman Rd Unit B Toledo, OH	1.0	1.0	600	$650	$1.08	43d	1	0.46mi
2027 Berkshire Pl Toledo, OH	2.0	1.0	600	$845	$1.41	23d	1	0.49mi
3901 Leybourn Ave Toledo, OH	3.0	1.0	840	$1,150	$1.37	23d	1	0.52mi
3541 Willys Pkwy Toledo, OH	3.0	1.0	1113	$1,400	$1.26	43d	1	0.73mi
3160 Matson Apt 27 Toledo, OH	1.0	1.0	567	$725	$1.28	21d	1	0.76mi
3150 Matson Unit 17 Toledo, OH	1.0	1.0	567	$799	$1.41	21d	1	0.77mi
3835 Monroe St Toledo, OH	2.0	1.0	1002	$950	$0.95	43d	1	0.78mi
3803 Monroe St Toledo, OH	2.0	1.0	942	$850	$0.90	43d	1	0.79mi
2716 Hoehler Dr Toledo, OH	1.0	1.0	720	$600	$0.83	43d	1	0.82mi
2244 W Sylvania Ave Unit 6 Toledo, OH	2.0	1.0	800	$795	$0.99	43d	1	0.82mi
3915 Willys Pkwy Unit 3915 Toledo, OH	3.0	1.0	1080	$800	$0.74	21d	1	0.83mi
3640 Douglas Rd Toledo, OH	1.0	1.0	720	$784	$1.09	43d	1	0.91mi
3433 Douglas Rd Unit 3 Toledo, OH	1.0	1.0	750	$755	$1.01	13d	1	0.94mi
4435 Jackman Rd Toledo, OH	1.0–2.0	1.0	725	$922	$1.27	13d	3	0.96mi
3644 Harley Rd Toledo, OH	2.0	1.0	1025	$975	$0.95	23d	1	0.97mi
2802 Gunckel Blvd Toledo, OH	2.0	1.0	860	$1,100	$1.28	43d	1	1.00mi
3812 Drexel Dr Apt 2 Toledo, OH	1.0	1.0	950	$773	$0.81	23d	1	1.00mi
3615 Berkeley Dr Toledo, OH	3.0	1.0	1096	$1,400	$1.28	13d	1	1.00mi
3805 Berkeley Unit 3 Toledo, OH	1.0	1.0	700	$735	$1.05	13d	1	1.03mi
3022 Letchworth Pkwy Toledo, OH	2.0	1.0	800	$970	$1.21	43d	1	1.08mi
1919 Ottawa Dr Unit 7 Toledo, OH	2.0	1.0	900	$800	$0.89	43d	1	1.17mi
2356 Torrey Hill Dr Unit 11 Toledo, OH	2.0	1.0	1050	$800	$0.76	43d	1	1.19mi
4158 Mayfield Dr Toledo, OH	2.0	1.0	960	$850	$0.89	13d	1	1.19mi
2347 Rosedale Ave Toledo, OH	2.0	1.0	767	$875	$1.14	43d	1	1.23mi
2322 Upton Ave Toledo, OH	3.0	1.0	1000	$1,300	$1.30	43d	1	1.24mi
4290 Monroe St Unit 4 Toledo, OH	1.0	1.0	850	$695	$0.82	43d	1	1.24mi
1738 Milburn Ave Toledo, OH	2.0	1.0	1016	$650	$0.64	23d	1	1.26mi
2650 Christie St Toledo, OH	1.0–2.0	1.0	800	$849	$1.06	43d	1	1.36mi
1338 Crestwood Rd Toledo, OH	3.0	1.0	1000	$1,250	$1.25	13d	1	1.40mi

Listing history 4 events

1. 2026-06-18
   days on market $72,500 Coming Soon 3 DOM
2. 2026-06-17
   days on market $72,500 Coming Soon 2 DOM
3. 2026-06-15
   remarks 349-char remark
4. 2026-06-15
   listed $72,500 Coming Soon 1 DOM

ⓘ 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: $1,120 · $93/mo
• Projected year-2 tax: $1,125 · $94/mo
• Expected delta: +$6/yr ($0/mo · 0.5%)

ⓘ 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: $11,672
• − Mortgage interest: −$4,061
• − Property taxes: −$1,120
• − Insurance: −$362
• − Repairs & maintenance: −$934
• − Management: −$934
• − Depreciation: −$2,109
• Taxable income: $2,152
• Est. tax owed @ 24.0%: −$517
• After-tax cash flow: $2,660/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

+154.4% since first listed

10 events — show timeline

• 2026-06-15 Coming Soon $72,500 NORIS
• 2021-11-16 Sold (Public Records) $70,000 Public Records
• 2021-11-08 Sold (MLS) $70,000 NORIS
• 2021-11-05 Price Changed $70,000 NORIS
• 2021-09-24 Contingent — NORIS
• 2021-09-22 Listed $69,900 NORIS
• 2021-09-17 Coming Soon $69,900 NORIS
• 2006-01-31 Sold (Public Records) $72,500 Public Records
• 1996-01-18 Sold (Public Records) $47,000 Public Records
• 1991-02-01 Sold (Public Records) $28,500 Public Records

Property tax history

+0.9%/yr

Latest (2025): $1,120 · +1.1% YoY. Source: county tax records.