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703 6th St
B Composite 74.25
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 +29.0/30.0
  • ARV discount +14.9/15.0
  • DSCR +10.0/10.0
  • 1% rule +7.9/10.0
  • Livability +4.0/5.0
  • Schools +3.5/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$146,000

703 6th St · Marietta, OH 45750
4 bd · 1.5 ba · 1,353 sqft · SingleFamily public records · 128 Days on market
Built 1900 2,613 sqft lot $108/sqft · 16% below area Est $175k · 16% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this 3 bedroom 1.5 bath home located on a beautiful brick road in Marietta Ohio. This is a great opportunity to have an immediate move in ready home and also be able to bring instant value to your future. This home is full of potential and waiting for the new owners to bring their own personal touch to each room! Outside there is a spacious driveway for off street parking, a small low maintenance yard, plus a front and back porch to enjoy your morning coffee on. Inside you will find a spacious living room, kitchen and dining room all with enough space to create beautiful welcoming rooms. There is also a laundry area, bedroom and full bathroom all located on the main floor as well. Upstairs you will find 2 additional bedrooms and a half bath. Lastly, the basement of the house could be a perfect place for all of your storage needs. Come view this freshly painted and clean home today located at 703 6th street!

Key facts

  • 2,613 sq ft lot
  • Parking
  • Built 1900

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/1.5-bath single-family listed at $146k.

Deal economics

  • At list price, monthly cash flow is $498 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $146k).
  • Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
  • Cap rate 10.4% vs local median 6.3% in Marietta — 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 80/100 on livability (#127 in OH, #1,845 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute F, employment D-.
  • Marietta City (town): math 35% / reading 49% proficiency, ranked #534 of 656 in OH (top 81%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 118 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 3 units permitted in Washington County in 2024 (0 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Washington County population projected at -12% 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 $41k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 128 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $61k; list at $146k implies a 139% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $128,480 (12.0% below list)

Questions for the listing agent

  1. It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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
1.29%
Cap rate
10.38%
Cash-on-cash
14.61%
DSCR
1.65
GRM
6.5

CMA / ARV

ARV (median comp)
$174,666
List price
$146,000
Delta
-16.41%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
708 N 7th St 0.11mi 3/1.5 (-1) 1,296 (-4%) 1mo $169,000 $130 82
828 Fifth St 0.28mi 3/1.0 (-1) 1,352 (-0%) 4mo $135,000 $100 76
723 N 7th St 0.12mi 3/1.0 (-1) 1,264 (-7%) 4mo $160,000 $127 73
624 9th St 0.29mi 3/1.0 (-1) 1,296 (-4%) 1mo $164,000 $127 72
617 8th St 0.20mi 3/2.0 (-1) 1,368 (+1%) 13mo $151,750 $111 71
708 1/2 4th St 0.15mi 3/1.5 (-1) 1,332 (-2%) 19mo $88,000 $66 69
903 Warren St 0.27mi 3/1.0 (-1) 1,324 (-2%) 13mo $110,000 $83 66
623 Front St 0.45mi 4/2.5 1,400 (+4%) 10mo $185,151 $132 61
710 8th St 0.20mi 3/1.0 (-1) 1,456 (+8%) 14mo $154,500 $106 59
723 Seventh St #1 0.12mi 3/1.0 (-1) 1,264 (-7%) 21mo $50,000 $40 59
101 Gibbons Pl 0.62mi 3/2.0 (-1) 1,288 (-5%) 6mo $40,000 $31 51
632 4th St 0.16mi 3/1.5 (-1) 1,537 (+14%) 20mo $165,000 $107 48

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
5.1%
Equity multiple
1.20×
Total profit
$8,062
Equity at exit
$21,769
10-year hold
IRR
14.5%
Equity multiple
2.17×
Total profit
$47,913
Equity at exit
$12,623

Cash invested: $40,880 (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.

ZIP-level market 45750

Home prices YoY
-32.4%
Active inventory
118
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$1,883 medium interval (Pro) →
Mortgage (P&I)
$766
Tax from tax record
$164 /mo · $1,964/yr
Insurance
$61
HOA
$0
Vacancy / Maint / Mgmt
$396
Net cashflow
$498

Break-even live

Break-even rent $1,253
Max offer price $146,000
Occupancy floor 69%

Sensitivity live

Price -10% $580 -5% $539 +0% $498 +5% $456 +10% $415
Rent -10% $349 -5% $423 +0% $498 +5% $572 +10% $647
Rate -1.0pp $571 -0.5pp $535 base $498 +0.5pp $460 +1.0pp $421

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
$36,500
Closing costs
$4,380
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
803 3rd St Marietta, OH 3.0 2.0 1659 $2,000 $1.21 45d 1 0.32mi

Listing history 21 events

  1. 2026-06-19
    days on market $146,000 Active 128 DOM
  2. 2026-06-18
    days on market $146,000 Active 127 DOM
  3. 2026-06-17
    days on market $146,000 Active 126 DOM
  4. 2026-06-16
    days on market $146,000 Active 125 DOM
  5. 2026-06-15
    days on market $146,000 Active 124 DOM
  6. 2026-06-14
    days on market $146,000 Active 122 DOM
  7. 2026-06-12
    days on market $146,000 Active 121 DOM
  8. 2026-06-09
    days on market $146,000 Active 118 DOM
  9. 2026-06-08
    days on market $146,000 Active 117 DOM
  10. 2026-06-07
    days on market $146,000 Active 116 DOM
  11. 2026-06-07
    days on market $146,000 Active 115 DOM
  12. 2026-06-03
    days on market $146,000 Active 112 DOM
  13. 2026-06-02
    days on market $146,000 Active 111 DOM
  14. 2026-06-01
    days on market $146,000 Active 110 DOM
  15. 2026-05-31
    days on market $146,000 Active 109 DOM
  16. 2026-05-30
    days on market $146,000 Active 108 DOM
  17. 2026-03-24
    price $146,000 931-char remark
    Show marketing remark (931 chars)

    Welcome to this 3 bedroom 1.5 bath home located on a beautiful brick road in Marietta Ohio. This is a great opportunity to have an immediate move in ready home and also be able to bring instant value to your future. This home is full of potential and waiting for the new owners to bring their own personal touch to each room! Outside there is a spacious driveway for off street parking, a small low maintenance yard, plus a front and back porch to enjoy your morning coffee on. Inside you will find a spacious living room, kitchen and dining room all with enough space to create beautiful welcoming rooms. There is also a laundry area, bedroom and full bathroom all located on the main floor as well. Upstairs you will find 2 additional bedrooms and a half bath. Lastly, the basement of the house could be a perfect place for all of your storage needs. Come view this freshly painted and clean home today located at 703 6th street!

  18. 2026-02-10
    listed $155,000 Active 931-char remark
    Show marketing remark (931 chars)

    Welcome to this 3 bedroom 1.5 bath home located on a beautiful brick road in Marietta Ohio. This is a great opportunity to have an immediate move in ready home and also be able to bring instant value to your future. This home is full of potential and waiting for the new owners to bring their own personal touch to each room! Outside there is a spacious driveway for off street parking, a small low maintenance yard, plus a front and back porch to enjoy your morning coffee on. Inside you will find a spacious living room, kitchen and dining room all with enough space to create beautiful welcoming rooms. There is also a laundry area, bedroom and full bathroom all located on the main floor as well. Upstairs you will find 2 additional bedrooms and a half bath. Lastly, the basement of the house could be a perfect place for all of your storage needs. Come view this freshly painted and clean home today located at 703 6th street!

  19. 2005-12-19
    soldstatus $61,000
  20. 1998-06-09
    soldstatus $62,500
  21. 1993-08-30
    soldstatus $41,500

ⓘ 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
$1,964 · $164/mo
Projected year-2 tax
$2,121 · $177/mo
Expected delta
+$157/yr (+$13/mo · 8.0%)

ⓘ 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 4/10 Moderate 7 d/yr ≥101°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,601
− Mortgage interest
−$8,178
− Property taxes
−$1,964
− Insurance
−$730
− Repairs & maintenance
−$1,808
− Management
−$1,808
− Depreciation
−$4,247
Taxable income
$3,866
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$928
After-tax cash flow
$5,046/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
Marietta City
NCES district ID
3910019
Math proficiency
35% ▼ -20.00%
Reading proficiency
49% ▼ -12.00%
Median HH income
$39,366
Composite
35.08/100
National rank
#5025
State rank
#534 of 656 in OH

Livability — Marietta

Score
80/100
State rank
#127
US rank
#1845

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Marietta, OH
County
Washington County · 26,420 people
City population
26,420
Metro
Marietta, OH
Population (ZIP)
26,420
Household income
$60,229
Rent vs Own
29.4% rent · 70.6% own
Severe rent burden
727.0

Population outlook (Washington County) Hauer SSP2

Today (2025)
59,640 people
By 2030
58,315 · -2.2%
By 2040
55,186 · -7.5%
By 2050
52,246 · -12.4%
By 2075
45,893 · -23.0%
By 2100
38,128 · -36.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (94%)
Race & ethnicity
White 94% Two or more races 2% Asian 1% Black 1% Hispanic / Latino 1%
Common ancestry
Italian 2% Slovak 2% Romanian 2%
Foreign-born
2% · Canada
Languages at home
97% English-only · Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · Washington

2024 margin
Solid R (+43.8) · D 27.7% · R 71.5%
2008→2024 swing
+40.2pp toward D · 2008: -83.9pp · 2024: -43.8pp
All cycles
2024: R+43.8 2020: R+40.8 2016: R+41.6 2012: R+19.4 2008: R+83.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -95.06%
Current HPI
198.6235
Rent YoY
Metro
Marietta, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+251.8% since first listed
5 events — show timeline
  • 2026-03-24 Price Changed $146,000 MLSNOW
  • 2026-02-10 Listed $155,000 MLSNOW
  • 2005-12-19 Sold (Public Records) $61,000 Public Records
  • 1998-06-09 Sold (Public Records) $62,500 Public Records
  • 1993-08-30 Sold (Public Records) $41,500 Public Records

Property tax history

+7.4%/yr

Latest (2025): $1,964 · +16.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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