7467 S Telegraph Rd · Toledo, OH 48182

$79,900

2 bd · 1.0 ba · 850 sqft · SingleFamily · 11 Days on market

Built 1937 1.31 ac lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.8/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity awaits! Bring your imagination and renovation skills to this fixer-upper situated on over 1.3 acres across three lots. This property features 2 bedrooms, 1 full bath, and an attached 2-car garage. Both bedrooms are non-conforming and do not include closets. Whether you're looking for your next investment project, a renovation opportunity, or a place to create your dream home, the possibilities are endless. Enjoy the extra space, privacy, and potential that come with this generously sized property. Property is being sold AS-IS. Don't miss your chance to unlock the value and make this property your own!

Key facts

• Three lots
• Over 1.3 acres
• 1.31 acre lot

Tags

• OVER 1.3 ACRES
• THREE LOTS
• RENOVATION OPPORTUNITY
• GENEROUSLY SIZED PROPERTY

Property features AI

Exterior

• Parking: Attached 2-car garage
• Utilities: Private well water; Septic sewer; Electric service (standard)
• Home design: Residential property; One-story structure; Built in 1937
• Construction: Crawl foundation
• Exterior features: Aluminum, vinyl and metal siding; Frontage on a road; Lot acreage approximately 1.31 acres; Frontage approximately 207 feet

Interior

• Kitchen: 16 x 9 kitchen on main level; Laminate flooring in kitchen; Range/Oven; Refrigerator
• Bedrooms: Main-level bedroom (14 x 11) with carpet; Main-level bedroom (9 x 10) with carpet; First-floor bedroom
• Flooring: Carpet in bedrooms and living room; Laminate in dining room and kitchen
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced air heating; No cooling system listed; Natural gas fuel
• Interior features: Total of 5 rooms; Main floor full bathroom; Basement: none
• Laundry & utility: No basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $738 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $80k).
• Cap rate 17.4% 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-, schools D-, crime F.
• Bedford Public Schools (suburban): math 33% / reading 53% proficiency, ranked #150 of 540 in MI (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: Solid renter incomes; 264 units permitted in Monroe County in 2024 (40 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Monroe County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 19y 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 $40k; list at $80k implies a 98% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1937 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $79,900

Questions for the listing agent

1. Built in 1937 — 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: 1.98% ✓
• Cap rate: 17.38%
• Cash-on-cash: 39.61%
• DSCR: 2.76
• GRM: 4.2

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: 35.9%
• Equity multiple: 2.52×
• Total profit: $34,087
• Equity at exit: $11,913

10-year hold

• IRR: 42.6%
• Equity multiple: 5.03×
• Total profit: $90,247
• Equity at exit: $6,908

Cash invested: $22,372 (down + closing). Projections, not guarantees.

Monthly cashflow live

• Estimated rent: $1,585 medium
• Mortgage (P&I): −$419
• Tax from tax record: −$61 /mo · $733/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $738

Break-even live

Break-even rent $650

Max offer price $79,900

Occupancy floor 48%

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-06-18
   days on market $79,900 Active 11 DOM
2. 2026-06-17
   days on market $79,900 Active 10 DOM
3. 2026-06-16
   days on market $79,900 Active 9 DOM
4. 2026-06-15
   days on market $79,900 Active 8 DOM
5. 2026-06-14
   days on market $79,900 Active 6 DOM
6. 2026-06-10
   days on market $79,900 Active 3 DOM
7. 2026-06-09
   days on market $79,900 Active 2 DOM
8. 2026-06-08
   listing id $79,900 Active 1 DOM
9. 2026-06-07
   remarks 620-char remark

   Show marketing remark (620 chars)

   Opportunity awaits! Bring your imagination and renovation skills to this fixer-upper situated on over 1.3 acres across three lots. This property features 2 bedrooms, 1 full bath, and an attached 2-car garage. Both bedrooms are non-conforming and do not include closets. Whether you're looking for your next investment project, a renovation opportunity, or a place to create your dream home, the possibilities are endless. Enjoy the extra space, privacy, and potential that come with this generously sized property. Property is being sold AS-IS. Don't miss your chance to unlock the value and make this property your own!

10. 2026-06-07
    listed $79,900 Active 1 DOM

    Show marketing remark (620 chars)

    Opportunity awaits! Bring your imagination and renovation skills to this fixer-upper situated on over 1.3 acres across three lots. This property features 2 bedrooms, 1 full bath, and an attached 2-car garage. Both bedrooms are non-conforming and do not include closets. Whether you're looking for your next investment project, a renovation opportunity, or a place to create your dream home, the possibilities are endless. Enjoy the extra space, privacy, and potential that come with this generously sized property. Property is being sold AS-IS. Don't miss your chance to unlock the value and make this property your own!

ⓘ 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: $733 · $61/mo
• Projected year-2 tax: $990 · $82/mo
• Expected delta: +$257/yr (+$21/mo · 35.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 21% 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,015
• − Mortgage interest: −$4,476
• − Property taxes: −$733
• − Insurance: −$400
• − Repairs & maintenance: −$1,521
• − Management: −$1,521
• − Depreciation: −$2,324
• Taxable income: $8,041
• Est. tax owed @ 24.0%: −$1,930
• After-tax cash flow: $6,932/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: Bedford Public Schools
• NCES district ID: 2604470
• Math proficiency: 33% ▼ -14.00%
• Reading proficiency: 53% ▼ -3.00%
• Median HH income: $63,784
• Composite: 38.22/100
• National rank: #4252
• State rank: #150 of 540 in MI

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

• County: Monroe · 13,010 people
• City population: 280,811
• Metro: Monroe, MI
• Population (ZIP): 20,705
• Household income: $83,155
• Rent vs Own: 16.9% rent · 83.1% own
• Severe rent burden: 12.7

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 144,439 people
• By 2030: 140,033 · -3.1%
• By 2040: 128,408 · -11.1%
• By 2050: 115,024 · -20.4%
• By 2075: 87,273 · -39.6%
• By 2100: 63,110 · -56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 6% Two or more races 5% Black 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 14% Lithuanian 4% Italian 3%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Monroe

• 2024 margin: Strong R (+27.1) · D 35.7% · R 62.9% · Other 1.4%
• 2008→2024 swing: -31.5pp toward R · 2008: 4.3pp · 2024: -27.1pp
• All cycles: 2024: R+27.1 2020: R+22.6 2016: R+22.1 2012: D+1.0 2008: D+4.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -140.99%
• Current HPI: 158.2484
• 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

+100.3% since first listed

13 events — show timeline

• 2026-06-07 Listed $79,900 REALCOMP
• 2026-06-07 Listed $79,900 MiRealSource-MiMLS
• 2008-06-25 Sold (Public Records) $40,400 Public Records
• 2008-06-20 Sold (MLS) $40,400 MiRealSource-MiMLS
• 2008-06-20 Sold (MLS) $40,400 REALCOMP
• 2008-06-11 Listing Removed — MiRealSource-MiMLS
• 2008-05-13 Sold (MLS) $27,000 MiRealSource-MiMLS
• 2008-05-09 Sold (MLS) $27,000 REALCOMP
• 2008-05-09 Listing Removed — MiRealSource-MiMLS
• 2008-04-07 Listed $39,900 MiRealSource-MiMLS
• 2008-04-07 Listed $39,900 REALCOMP
• 2007-07-25 Listed $39,900 REALCOMP
• 2007-07-25 Listed $39,900 MiRealSource-MiMLS

Property tax history

-4.5%/yr

Latest (2025): $733 · -57.4% YoY. Source: county tax records.