33 Little California St · Stockdale, OH 45613

$79,000

2 bd · 1.5 ba · 988 sqft · SingleFamily public records · 6 Days on market

Built 2012

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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 +26.6/30.0
• DSCR +9.1/10.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Appreciation +5.5/10.0
• Schools +4.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Livability +2.0/5.0

Listing remarks

988 SF. Needs some work and a elec water heater. Catio attached for pets. New 2 car carport. New septic system. Newer natural gas furnace and 2 ton Carrier AC. Mature trees. Quiet street. Eastern school district. 5 minutes from SR 32/335. 2 lots combined nearly 1/2 manicured acre. 15 miles to Piketon Enrichment or 20 to Jackson shopping and medical Handyman Special and asking price reflects it. Needs elec water heater, interior cosmetic repairs and extensive cleaning. Interior Pics are when new in 2012. Exterior pics are current

Key facts

• New carport
• New septic system
• Carrier ac

Tags

• CATIO ATTACHED FOR PETS
• NEW CARPORT
• NEW SEPTIC SYSTEM
• NEWER NATURAL GAS FURNACE
• CARRIER AC
• MATURE TREES

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $79k.

Deal economics

• At list price, monthly cash flow is $212 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($894 rent vs $79k).

Location & tenants

• Location reads 40/100 on livability (#1,199 in OH) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: health & safety C-, amenities F, commute F.
• Eastern Local School District (rural): math 48% / reading 57% proficiency, ranked #415 of 656 in OH (top 63%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 11 active listings in the ZIP; lower-income renter base — watch delinquency; 45 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($546 loan paydown + $783 appreciation (1.0% local appreciation)).
• Pike County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $79,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 1.13% ✓
• Cap rate: 9.51%
• Cash-on-cash: 11.50%
• DSCR: 1.51
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.99% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 13.3%
• Equity multiple: 1.67×
• Total profit: $14,926
• Equity at exit: $26,931

10-year hold

• IRR: 16.9%
• Equity multiple: 3.04×
• Total profit: $45,102
• Equity at exit: $35,760

Cash invested: $22,120 (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 45613

• Home prices YoY: 0.5%
• Active inventory: 11
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $894 medium
• Mortgage (P&I): −$414
• Tax from tax record: −$47 /mo · $565/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$188
• Net cashflow: $212

Break-even live

Break-even rent $626

Max offer price $79,000

Occupancy floor 71%

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-18
   days on market $79,000 Active 6 DOM
2. 2026-06-17
   days on market $79,000 Active 5 DOM
3. 2026-06-16
   days on market $79,000 Active 4 DOM
4. 2026-06-15
   days on market $79,000 Active 3 DOM
5. 2026-06-12
   remarks 538-char remark
6. 2026-06-12
   listed $79,000 Active 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: $565 · $47/mo
• Projected year-2 tax: $899 · $75/mo
• Expected delta: +$334/yr (+$28/mo · 59.1%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥101°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 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,729
• − Mortgage interest: −$4,425
• − Property taxes: −$565
• − Insurance: −$395
• − Repairs & maintenance: −$858
• − Management: −$858
• − Depreciation: −$2,298
• Taxable income: $1,329
• Est. tax owed @ 24.0%: −$319
• After-tax cash flow: $2,225/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: Eastern Local School District
• NCES district ID: 3904912
• Math proficiency: 48% ▼ -10.00%
• Reading proficiency: 57% ▼ -3.00%
• Median HH income: $42,279
• Composite: 44.09/100
• National rank: #2873
• State rank: #415 of 656 in OH

Livability — Stockdale

• Score: 40/100
• State rank: #1199
• US rank: #27293

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Stockdale, OH
• County: Pike · 24,348 people
• Population (ZIP): 3,331
• Household income: $36,855
• Rent vs Own: 24.9% rent · 75.1% own
• Severe rent burden: 19.5

Population outlook (Pike County) Hauer SSP2

• Today (2025): 26,762 people
• By 2030: 25,744 · -3.8%
• By 2040: 23,509 · -12.2%
• By 2050: 21,090 · -21.2%
• By 2075: 15,765 · -41.1%
• By 2100: 11,361 · -57.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Hispanic / Latino 2% Asian 2%
• Common ancestry: Scottish 4% Slovak 1% Italian 1%
• Foreign-born: 1%
• Languages at home: 97% English-only · German/W. Germanic 1% Other Asian/Pacific 1% Korean 1%

Political lean MEDSL · Pike

• 2024 margin: Solid R (+53.7) · D 22.9% · R 76.5%
• 2008→2024 swing: -52.6pp toward R · 2008: -1.0pp · 2024: -53.7pp
• All cycles: 2024: R+53.7 2020: R+48.7 2016: R+36.7 2012: R+0.4 2008: R+1.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.99%
• Current HPI: 199.2226
• 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

1 event — show timeline

• 2026-06-12 Listed $79,000 ForSaleByOwner.com

Property tax history

+11.9%/yr

Latest (2025): $565 · -2.3% YoY. Source: county tax records.