161 Bernard Rd · New Vienna, OH 45159

$149,900

3 bd · 2.0 ba · 1,468 sqft · SingleFamily public records · 6 Days on market

Built 1900 0.33 ac lot Est $184k · 18% under

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Why this score? — see what drove the C- 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 +15.7/30.0
• ARV discount +15.0/15.0
• DSCR +4.8/10.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• 1% rule +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +1.6/10.0

Listing remarks MLS

This is a Fannie Mae HomePath property. Nice 1 car detached garage. Large rooms in property and public water & sewer. Close by June 30, 2011 and request up to 3.5% of the final sales price for closing cost assistance! Click for more details ask me. Eligibility restrictions apply

Key facts

• 0.33 acre lot
• Garage
• Built 1900

Property features AI

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story; Built in 1900; No shared/common walls
• Construction: Block foundation; Originally built in 1900
• Exterior features: Block foundation; Lot about one-third acre

Interior

• Bedrooms: Three main-level bedrooms
• Bathrooms: Two full bathrooms
• Heating & cooling: Baseboard heating; Window air conditioning units
• Interior features: Insulated windows throughout; Crawl space basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $66 ($792/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $121k (19.3% below list).
• Recommended offer: $121k (19.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#549 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• East Clinton Local (rural): math 41% / reading 52% proficiency, ranked #489 of 656 in OH (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: New Vienna Elementary School (math 57% / reading 67%, grade B, #590 of 1,584 statewide, top 41%, 269 students, 36% FRL); East Clinton Junior High School (math 37% / reading 41%, grade F, #526 of 654 statewide, top 81%, 276 students, 45% FRL); East Clinton High School (math 17% / reading 57%, grade F, #564 of 781 statewide, top 74%, 320 students, 45% FRL) — zoned schools at 42% FRL track the district average.
• Market conditions: 8 active listings in the ZIP; solid renter incomes; 119 units permitted in Clinton County in 2024 (0 in 5+ unit buildings).

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.
• Clinton County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 25y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $8k; list at $150k implies a 1872% 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 $120,897 (19.3% below list)

Questions for the listing agent

1. Built in 1900 — 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 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?
4. 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.
5. 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.
6. 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: 0.81% ✗
• Cap rate: 6.82%
• Cash-on-cash: 1.89%
• DSCR: 1.08
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $183,500
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
51 S Third St	0.23mi	2/1.0 (-1)	1,344 (-8%)	2mo	$179,900	$134	65
86 West St	0.36mi	3/2.0	1,358 (-8%)	11mo	$170,000	$125	61
238 Circle Dr	0.73mi	3/2.0	1,600 (+9%)	21mo	$149,000	$93	33

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: -13.4%
• Equity multiple: 0.52×
• Total profit: $-20,161
• Equity at exit: $22,351

10-year hold

• IRR: -4.5%
• Equity multiple: 0.70×
• Total profit: $-12,439
• Equity at exit: $12,961

Cash invested: $41,972 (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 45159

• Home prices YoY: -2.2%
• Active inventory: 8
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,209 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$41 /mo · $487/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $66

Break-even live

Break-even rent $1,125

Max offer price $149,900

Occupancy floor 90%

Sensitivity live

Price	-10% $151	-5% $108	+0% $66	+5% $24	+10% $-19
Rent	-10% $-30	-5% $18	+0% $66	+5% $114	+10% $161
Rate	-1.0pp $141	-0.5pp $104	base $66	+0.5pp $27	+1.0pp $-12

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-21
   days on market $149,900 Active 6 DOM
2. 2026-06-21
   days on market $149,900 Active 5 DOM
3. 2026-06-18
   days on market $149,900 Active 3 DOM
4. 2026-06-17
   days on market $149,900 Active 2 DOM
5. 2026-06-16
   pricedays on marketlisting id $149,900 Active 1 DOM
6. 2026-06-15
   days on market $159,900 Active 25 DOM
7. 2026-06-13
   days on market $159,900 Active 23 DOM
8. 2026-06-12
   days on market $159,900 Active 22 DOM
9. 2026-06-09
   days on market $159,900 Active 19 DOM
10. 2026-06-08
    days on market $159,900 Active 18 DOM
11. 2026-06-08
    days on market $159,900 Active 17 DOM
12. 2026-06-07
    days on market $159,900 Active 16 DOM
13. 2026-06-04
    days on market $159,900 Active 13 DOM
14. 2026-06-02
    days on market $159,900 Active 12 DOM
15. 2026-06-01
    days on market $159,900 Active 11 DOM
16. 2026-05-31
    days on market $159,900 Active 10 DOM
17. 2026-05-21
    listed $159,900 Active
18. 2011-05-11
    soldstatus $7,600 285-char remark

    Show marketing remark (285 chars)

    This is a Fannie Mae HomePath property. Nice 1 car detached garage. Large rooms in property and public water & sewer. Close by June 30, 2011 and request up to 3.5% of the final sales price for closing cost assistance! Click for more details ask me. Eligibility restrictions apply

19. 2011-05-05
    historical 285-char remark

    Show marketing remark (285 chars)

    This is a Fannie Mae HomePath property. Nice 1 car detached garage. Large rooms in property and public water & sewer. Close by June 30, 2011 and request up to 3.5% of the final sales price for closing cost assistance! Click for more details ask me. Eligibility restrictions apply

20. 2011-02-01
    listed $9,900 285-char remark

    Show marketing remark (285 chars)

    This is a Fannie Mae HomePath property. Nice 1 car detached garage. Large rooms in property and public water & sewer. Close by June 30, 2011 and request up to 3.5% of the final sales price for closing cost assistance! Click for more details ask me. Eligibility restrictions apply

21. 2010-04-29
    historical
22. 2010-02-01
    listed $46,000
23. 2008-09-09
    historical
24. 2008-01-07
    listed $50,000
25. 2005-10-16
    historical
26. 2005-06-20
    listed $65,000
27. 2002-05-21
    soldstatus $40,400
28. 2002-05-17
    soldstatus $40,400
29. 2001-11-26
    listed $48,500

ⓘ 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: $487 · $41/mo
• Projected year-2 tax: $1,413 · $118/mo
• Expected delta: +$926/yr (+$77/mo · 190.1%)

ⓘ 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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°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: $14,508
• − Mortgage interest: −$8,397
• − Property taxes: −$487
• − Insurance: −$750
• − Repairs & maintenance: −$1,161
• − Management: −$1,161
• − Depreciation: −$4,361
• Taxable loss: −$1,807
• Est. tax savings @ 24.0%: +$434
• After-tax cash flow: $1,225/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: East Clinton Local
• NCES district ID: 3904640
• Math proficiency: 41% ▼ -21.00%
• Reading proficiency: 52% ▼ -14.00%
• Median HH income: $45,362
• Composite: 39.4/100
• National rank: #3969
• State rank: #489 of 656 in OH

Livability — New Vienna

• Score: 68/100
• State rank: #549
• US rank: #9374

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Vienna, OH
• County: Clinton · 46,911 people
• Population (ZIP): 3,333
• Household income: $80,508
• Rent vs Own: 22.8% rent · 77.2% own
• Severe rent burden: 3.1

Population outlook (Clinton County) Hauer SSP2

• Today (2025): 41,352 people
• By 2030: 40,831 · -1.3%
• By 2040: 39,049 · -5.6%
• By 2050: 36,408 · -12.0%
• By 2075: 29,652 · -28.3%
• By 2100: 20,736 · -49.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 6% Hispanic / Latino 2%
• Common ancestry: Lithuanian 2% Italian 2% Iranian 1%
• Foreign-born: 0%
• Languages at home: 99% English-only · German/W. Germanic 1%

Political lean MEDSL · Clinton

• 2024 margin: Solid R (+54.6) · D 22.3% · R 76.9%
• 2008→2024 swing: -24.3pp toward R · 2008: -30.3pp · 2024: -54.6pp
• All cycles: 2024: R+54.6 2020: R+52.6 2016: R+52.6 2012: R+35.2 2008: R+30.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -6.78%
• Current HPI: 295.2597
• 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

+229.7% since first listed

13 events — show timeline

• 2026-05-21 Listed $159,900 CBRMLS
• 2011-05-11 Sold (MLS) $7,600 CBRMLS
• 2011-05-05 Listing Removed — CBRMLS
• 2011-02-01 Listed $9,900 CBRMLS
• 2010-04-29 Listing Removed — Cincy MLS
• 2010-02-01 Listed $46,000 Cincy MLS
• 2008-09-09 Listing Removed — Cincy MLS
• 2008-01-07 Listed $50,000 Cincy MLS
• 2005-10-16 Listing Removed — Cincy MLS
• 2005-06-20 Listed $65,000 Cincy MLS
• 2002-05-21 Sold (Public Records) $40,400 Public Records
• 2002-05-17 Sold (MLS) $40,400 Cincy MLS
• 2001-11-26 Listed $48,500 Cincy MLS

Property tax history

+7.0%/yr

Latest (2025): $487 · -7.6% YoY. Source: county tax records.