100 Saratoga Dr · Johnstown, OH 43031

$259,900

3 bd · 1.0 ba · 957 sqft · SingleFamily public records · 63 Days on market

Built 1959 5,662 sqft lot Est $251k · at est.

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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).

• Cash flow +13.2/30.0
• Schools +6.5/10.0
• ARV discount +5.9/15.0
• DSCR +4.0/10.0
• Livability +3.9/5.0
• 1% rule +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nice well maintained house in the middle of Johnstown. Only minutes to Intel and local schools. Priced to sell quickly.

Key facts

• Local amenities
• Refreshed kitchen
• 5,662 sq ft lot

Tags

• REFRESHED KITCHEN
• FULLY FENCED BACKYARD
• CLOSE PROXIMITY OF SHOPPING
• CLOSE PROXIMITY OF DINING
• LOCAL AMENITIES

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-family home; One-story
• Construction: Built in 1959; Slab foundation
• Exterior features: Fenced yard; Storage shed(s)

Interior

• Bedrooms: Three main-level bedrooms
• Bathrooms: One full bathroom
• Heating & cooling: Central air conditioning
• Interior features: Insulated windows

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-5 ($-64/yr) — negative.
• To cash-flow at today's rent, offer at most $259k (0.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (18.4% below list).
• Recommended offer: $212k (18.4% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 3.7% in Johnstown — 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 77/100 on livability (#186 in OH, #2,873 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F.
• Johnstown-Monroe Local (town): math 70% / reading 79% proficiency, ranked #85 of 656 in OH (top 13%) — strong family-tenant draw, lease renewals of 3-5y typical; only 20% free/reduced lunch — higher-income household profile.
• Zoned schools: Johnstown Middle School (math 66% / reading 74%, grade A, #136 of 654 statewide, top 22%, 398 students, 20% FRL); Johnstown High School (math 62% / reading 87%, grade B+, #69 of 781 statewide, top 10%, 487 students, 16% FRL) — zoned schools at 18% FRL track the district average.
• Market conditions: 64 active listings in the ZIP; high-income renter base; 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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($244k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y 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 $200k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $212,029 (18.4% 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 63 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1959 — 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. Schools are A-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?
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: 0.82% ✗
• Cap rate: 6.27%
• Cash-on-cash: -0.09%
• DSCR: 1.00
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $250,734
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
100 Saratoga Dr	0.00mi	3/1.0	957 (0%)	1mo	$259,900	$272	99
101 Valley View Dr	0.04mi	3/1.0	957 (0%)	2mo	$275,000	$287	97
150 Valleyview Dr	0.10mi	3/1.0	957 (0%)	2mo	$252,000	$263	94
163 Valleyview Dr	0.10mi	3/1.0	957 (0%)	6mo	$225,000	$235	90
369 Hillview Dr	0.19mi	3/1.0	925 (-3%)	7mo	$269,500	$291	80
129 Lakeview Dr	0.31mi	3/1.0	925 (-3%)	1mo	$223,000	$241	79
459 Sunset Dr	0.26mi	3/1.0	925 (-3%)	5mo	$215,000	$232	78
33 Westview Dr	0.40mi	3/2.0	925 (-3%)	2mo	$296,000	$320	70
152 Elm St	0.32mi	3/2.0	1,092 (+14%)	3mo	$286,300	$262	55
76 Yardner St #21	0.70mi	2/1.0 (-1)	924 (-3%)	7mo	$39,000	$42	51
76 Yardner St #6	0.70mi	3/2.0	1,008 (+5%)	4mo	$24,000	$24	51
76 Yardner #35	0.70mi	2/2.0 (-1)	924 (-3%)	8mo	$55,000	$60	46

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: -16.5%
• Equity multiple: 0.42×
• Total profit: $-42,492
• Equity at exit: $38,752

10-year hold

• IRR: -8.3%
• Equity multiple: 0.48×
• Total profit: $-37,595
• Equity at exit: $22,471

Cash invested: $72,772 (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 43031

• Active inventory: 64
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,120 medium
• Mortgage (P&I): −$1,363
• Tax from tax record: −$209 /mo · $2,509/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $-5

Break-even live

Break-even rent $2,127

Max offer price $258,963

Occupancy floor 95%

Sensitivity live

Price	-10% $142	-5% $68	+0% $-5	+5% $-79	+10% $-152
Rent	-10% $-173	-5% $-89	+0% $-5	+5% $78	+10% $162
Rate	-1.0pp $126	-0.5pp $61	base $-5	+0.5pp $-73	+1.0pp $-141

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: $64,975
• Closing costs: $7,797
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-02
   statusdays on market $259,900 Pending 63 DOM
2. 2026-06-01
   days on market $259,900 Contingent 62 DOM
3. 2026-05-31
   days on market $259,900 Contingent 61 DOM
4. 2026-04-15
   historical Contingent
5. 2026-04-11
   price $259,900
6. 2026-03-31
   listed $264,900 Active
7. 2023-05-15
   soldstatus $200,000
8. 2023-05-05
   soldstatus $200,000 Closed 119-char remark

   Show marketing remark (119 chars)

   Nice well maintained house in the middle of Johnstown. Only minutes to Intel and local schools. Priced to sell quickly.

9. 2023-04-12
   historical Contingent Finance and Inspection 119-char remark

   Show marketing remark (119 chars)

   Nice well maintained house in the middle of Johnstown. Only minutes to Intel and local schools. Priced to sell quickly.

10. 2023-04-11
    listed $185,000 Active 119-char remark

    Show marketing remark (119 chars)

    Nice well maintained house in the middle of Johnstown. Only minutes to Intel and local schools. Priced to sell quickly.

11. 2020-10-20
    soldstatus $149,900
12. 2020-10-13
    soldstatus $149,900 Closed 152-char remark

    Show marketing remark (152 chars)

    Cute and clean ranch home within the Village of Johnstown. Great kitchen with spacious pantry. Updated bath. Mostly fenced yard. Owned by listing agent.

13. 2020-08-22
    status Pending 152-char remark

    Show marketing remark (152 chars)

    Cute and clean ranch home within the Village of Johnstown. Great kitchen with spacious pantry. Updated bath. Mostly fenced yard. Owned by listing agent.

14. 2020-08-20
    listed $149,900 Active 152-char remark

    Show marketing remark (152 chars)

    Cute and clean ranch home within the Village of Johnstown. Great kitchen with spacious pantry. Updated bath. Mostly fenced yard. Owned by listing agent.

15. 2013-10-08
    soldstatus $81,800
16. 2013-09-30
    soldstatus $81,780
17. 2013-09-12
    historical
18. 2012-09-14
    listed $90,000
19. 2004-04-29
    soldstatus $92,900
20. 2004-04-28
    soldstatus $92,900
21. 2004-03-09
    listed $94,900

ⓘ 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: $2,509 · $209/mo
• Projected year-2 tax: $3,282 · $273/mo
• Expected delta: +$773/yr (+$64/mo · 30.8%)

ⓘ 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 ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,443
• − Mortgage interest: −$14,558
• − Property taxes: −$2,509
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,035
• − Management: −$2,035
• − Depreciation: −$7,561
• Taxable loss: −$4,555
• Est. tax savings @ 24.0%: +$1,093
• After-tax cash flow: $1,030/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: Johnstown-Monroe Local
• NCES district ID: 3904798
• Math proficiency: 70% ▼ -4.00%
• Reading proficiency: 79% ▲ 1.00%
• Median HH income: $69,411
• Composite: 64.92/100
• National rank: #510
• State rank: #85 of 656 in OH

Livability — Johnstown

• Score: 77/100
• State rank: #186
• US rank: #2873

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Johnstown, OH
• County: Licking County · 109,194 people
• City population: 13,876
• Metro: Columbus, OH
• Population (ZIP): 13,876
• Household income: $110,930
• Rent vs Own: 19.6% rent · 80.4% own
• Severe rent burden: 216.0

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 (93%)
• Race & ethnicity: White 93% Two or more races 5% Hispanic / Latino 1%
• Common ancestry: Romanian 3% Italian 3% Iranian 2%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · German/W. Germanic 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: ▼ -310.19%
• Current HPI: 280.5337
• 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

+173.9% since first listed

18 events — show timeline

• 2026-04-15 Contingent — CBRMLS
• 2026-04-11 Price Changed $259,900 CBRMLS
• 2026-03-31 Listed $264,900 CBRMLS
• 2023-05-15 Sold (Public Records) $200,000 Public Records
• 2023-05-05 Sold (MLS) $200,000 CBRMLS
• 2023-04-12 Contingent — CBRMLS
• 2023-04-11 Listed $185,000 CBRMLS
• 2020-10-20 Sold (Public Records) $149,900 Public Records
• 2020-10-13 Sold (MLS) $149,900 CBRMLS
• 2020-08-22 Pending — CBRMLS
• 2020-08-20 Listed $149,900 CBRMLS
• 2013-10-08 Sold (Public Records) $81,800 Public Records
• 2013-09-30 Sold (MLS) $81,780 CBRMLS
• 2013-09-12 Listing Removed — CBRMLS
• 2012-09-14 Listed $90,000 CBRMLS
• 2004-04-29 Sold (Public Records) $92,900 Public Records
• 2004-04-28 Sold (MLS) $92,900 CBRMLS
• 2004-03-09 Listed $94,900 CBRMLS

Property tax history

+4.5%/yr

Latest (2025): $2,509 · +0.9% YoY. Source: county tax records.