112 E Main St · Port Washington, OH 43837

$115,000

4 bd · 1.5 ba · 1,984 sqft · SingleFamily public records · 87 Days on market

Built 1915 10,798 sqft 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 +28.2/30.0
• DSCR +10.0/10.0
• Appreciation +8.8/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Schools +5.5/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Looking to add to your rental home inventory? This recently updated large 4-5 bedroom, 2 full bath home in the heart of Port Washington has many major 2019 updates which include metal roof, furnace and AC, carpeting throughout, complete exterior and partial interior paint. NEW laminate kitchen floor and updated stove. In addition, a one car detached garage sits on this deep 60x180 corner lot providing an ample outdoor space in town. MOTIVATED SELLER is ready for you to MAKE AN OFFER! Indian Valley Schools.

Key facts

• Metal roof
• Large corner lot
• 0.25 acre lot

Tags

• LARGE CORNER LOT
• METAL ROOF

Property features AI

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public water; Public sewer
• Home design: Two-story frame house; Metal roof; About 1,948 above-grade finished area (assessor)
• Construction: Frame construction; Metal roof; Built (year source: assessor)
• Exterior features: Lot approximately 0.2479 acres

Interior

• Bedrooms: One main-level bedroom
• Bathrooms: One full bathroom on the main level
• Interior features: Unfinished basement; Total of 8 rooms; Property listed as fixer

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $366 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).
• Recommended offer: $108k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#939 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, schools B+; Watch: crime D+, amenities F, commute F.
• Indian Valley Local (rural): math 63% / reading 68% proficiency, ranked #214 of 656 in OH (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 9 active listings in the ZIP; 244 units permitted in Tuscarawas County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $10k of equity ($795 loan paydown + $9k appreciation (7.7% local appreciation)).
• Tuscarawas County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (7.7% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 17y 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 $47k; list at $115k implies a 145% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $108,100 (6.0% below list)

Questions for the listing agent

1. It's been on market 87 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1915 — 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. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 1.22% ✓
• Cap rate: 10.11%
• Cash-on-cash: 13.64%
• DSCR: 1.61
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $244,032
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
207 E Main St	0.07mi	3/1.0 (-1)	1,860 (-6%)	24mo	$97,500	$52	59
602 Canby St	0.57mi	5/2.0 (+1)	1,952 (-2%)	9mo	$239,900	$123	56

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

7.68% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.0%
• Equity multiple: 3.12×
• Total profit: $68,307
• Equity at exit: $84,853

10-year hold

• IRR: 27.0%
• Equity multiple: 6.62×
• Total profit: $180,810
• Equity at exit: $166,090

Cash invested: $32,200 (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 43837

• Home prices YoY: 2.6%
• Active inventory: 9
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,404 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$93 /mo · $1,110/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $366

Break-even live

Break-even rent $941

Max offer price $115,000

Occupancy floor 69%

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-18
   days on market $115,000 Active 87 DOM
2. 2026-06-17
   days on market $115,000 Active 86 DOM
3. 2026-06-16
   days on market $115,000 Active 85 DOM
4. 2026-06-15
   days on market $115,000 Active 84 DOM
5. 2026-06-13
   days on market $115,000 Active 82 DOM
6. 2026-06-12
   days on market $115,000 Active 81 DOM
7. 2026-06-09
   days on market $115,000 Active 78 DOM
8. 2026-06-08
   days on market $115,000 Active 77 DOM
9. 2026-06-08
   days on market $115,000 Active 76 DOM
10. 2026-06-07
    days on market $115,000 Active 75 DOM
11. 2026-06-04
    days on market $115,000 Active 72 DOM
12. 2026-06-02
    days on market $115,000 Active 71 DOM
13. 2026-06-01
    days on market $115,000 Active 70 DOM
14. 2026-05-31
    days on market $115,000 Active 69 DOM
15. 2026-03-20
    listed $115,000 Active
16. 2020-12-04
    soldstatus $47,000 513-char remark

    Show marketing remark (513 chars)

    Looking to add to your rental home inventory? This recently updated large 4-5 bedroom, 2 full bath home in the heart of Port Washington has many major 2019 updates which include metal roof, furnace and AC, carpeting throughout, complete exterior and partial interior paint. NEW laminate kitchen floor and updated stove. In addition, a one car detached garage sits on this deep 60x180 corner lot providing an ample outdoor space in town. MOTIVATED SELLER is ready for you to MAKE AN OFFER! Indian Valley Schools.

17. 2020-12-04
    soldstatus $47,000

    Show marketing remark (513 chars)

    Looking to add to your rental home inventory? This recently updated large 4-5 bedroom, 2 full bath home in the heart of Port Washington has many major 2019 updates which include metal roof, furnace and AC, carpeting throughout, complete exterior and partial interior paint. NEW laminate kitchen floor and updated stove. In addition, a one car detached garage sits on this deep 60x180 corner lot providing an ample outdoor space in town. MOTIVATED SELLER is ready for you to MAKE AN OFFER! Indian Valley Schools.

18. 2019-09-24
    listed $49,900 513-char remark

    Show marketing remark (513 chars)

    Looking to add to your rental home inventory? This recently updated large 4-5 bedroom, 2 full bath home in the heart of Port Washington has many major 2019 updates which include metal roof, furnace and AC, carpeting throughout, complete exterior and partial interior paint. NEW laminate kitchen floor and updated stove. In addition, a one car detached garage sits on this deep 60x180 corner lot providing an ample outdoor space in town. MOTIVATED SELLER is ready for you to MAKE AN OFFER! Indian Valley Schools.

19. 2019-03-11
    soldstatus $13,500 331-char remark

    Show marketing remark (331 chars)

    This is located in the heart of Port Washington and has multiple possibilities. Corner lot with 3 Street frontages, cement block garage and larger 5 bedroom home being sold "As Is" Cash only offers being accepted. Private well is maintained. Public sewer and gas onsite. Buyer to exercise due diligence. No contingencies.

20. 2018-12-17
    listed $25,000 331-char remark

    Show marketing remark (331 chars)

    This is located in the heart of Port Washington and has multiple possibilities. Corner lot with 3 Street frontages, cement block garage and larger 5 bedroom home being sold "As Is" Cash only offers being accepted. Private well is maintained. Public sewer and gas onsite. Buyer to exercise due diligence. No contingencies.

21. 2010-07-06
    historical
22. 2009-10-09
    listed $47,500
23. 2009-07-14
    historical
24. 2009-01-12
    listed $47,500

ⓘ 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: $1,110 · $93/mo
• Projected year-2 tax: $1,452 · $121/mo
• Expected delta: +$342/yr (+$28/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥99°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 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,853
• − Mortgage interest: −$6,442
• − Property taxes: −$1,110
• − Insurance: −$575
• − Repairs & maintenance: −$1,348
• − Management: −$1,348
• − Depreciation: −$3,345
• Taxable income: $2,684
• Est. tax owed @ 24.0%: −$644
• After-tax cash flow: $3,747/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: Indian Valley Local
• NCES district ID: 3905028
• Math proficiency: 63% ▼ -8.00%
• Reading proficiency: 68% ▼ -4.00%
• Median HH income: $44,733
• Composite: 55.12/100
• National rank: #1284
• State rank: #214 of 656 in OH

Livability — Port Washington

• Score: 61/100
• State rank: #939
• US rank: #18099

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Port Washington, OH
• County: Tuscarawas · 99,287 people
• Population (ZIP): 1,819
• Household income: $54,911
• Rent vs Own: 19.1% rent · 80.9% own
• Severe rent burden: 38.3

Population outlook (Tuscarawas County) Hauer SSP2

• Today (2025): 92,253 people
• By 2030: 91,060 · -1.3%
• By 2040: 87,479 · -5.2%
• By 2050: 83,174 · -9.8%
• By 2075: 72,000 · -22.0%
• By 2100: 58,574 · -36.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 8% Hispanic / Latino 1% Black 1%
• Common ancestry: Iranian 2% Lithuanian 1% Portuguese 1%
• Languages at home: 98% English-only · German/W. Germanic 1%

Political lean MEDSL · Tuscarawas

• 2024 margin: Solid R (+43.3) · D 28.0% · R 71.2%
• 2008→2024 swing: -45.7pp toward R · 2008: 2.4pp · 2024: -43.3pp
• All cycles: 2024: R+43.3 2020: R+39.9 2016: R+35.5 2012: R+9.8 2008: D+2.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 7.68%
• Current HPI: 301.0524
• 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

+142.1% since first listed

10 events — show timeline

• 2026-03-20 Listed $115,000 MLSNOW
• 2020-12-04 Sold (Public Records) $47,000 Public Records
• 2020-12-04 Sold (MLS) $47,000 MLSNOW
• 2019-09-24 Listed $49,900 MLSNOW
• 2019-03-11 Sold (MLS) $13,500 MLSNOW
• 2018-12-17 Listed $25,000 MLSNOW
• 2010-07-06 Listing Removed — MLSNOW
• 2009-10-09 Listed $47,500 MLSNOW
• 2009-07-14 Listing Removed — MLSNOW
• 2009-01-12 Listed $47,500 MLSNOW

Property tax history

+3.8%/yr

Latest (2025): $1,110 · +13.1% YoY. Source: county tax records.