706 Taft St · Port Clinton, OH 43452

$249,000

4 bd · 2.0 ba · 1,472 sqft · SingleFamily public records · 138 Days on market

Built 1956 7,200 sqft lot $169/sqft · 12% below area Est $284k · 12% under

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Why this score? — see what drove the D 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).

• ARV discount +13.1/15.0
• Cash flow +9.2/30.0
• Schools +4.8/10.0
• Livability +3.6/5.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Situated in a highly desirable Port Clinton neighborhood, this 4-bedroom, 2-bath ranch offers the perfect blend of space, comfort, and location. Designed for easy one-floor living, the home features a flexible floor plan ideal for everyday living or hosting guests. Set on a generous lot, the fully fenced yard provides room to relax, entertain, or play, while the detached 2-car garage adds convenience and additional storage. Whether you're looking for your next primary residence or a solid long-term investment, this home delivers on lifestyle and location in one of Port Clinton's most sought-after areas.

Key facts

• Flexible floor plan
• One-floor living
• Detached garage

Tags

• ONE-FLOOR LIVING
• FLEXIBLE FLOOR PLAN
• PARTIALLY FENCED YARD
• DETACHED GARAGE

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $249k.

Deal economics

• At list price, monthly cash flow is $-185 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $216k (13.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $180k (27.7% below list).
• Recommended offer: $180k (27.7% below list) — sets the bar for 1% rule.
• Cap rate 5.4% vs local median 2.3% in Port Clinton — 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 72/100 on livability (#359 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A-; Watch: employment C-, amenities F, commute F.
• Port Clinton City (town): math 55% / reading 59% proficiency, ranked #342 of 656 in OH (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 220 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 128 units permitted in Ottawa County in 2024 (0 in 5+ unit buildings).
• This rent runs 34% of the median local income ($64k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Ottawa County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 138 days — a 12% lower offer ($219k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $20k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $180,000 (27.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 138 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
3. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.72% ✗
• Cap rate: 5.40%
• Cash-on-cash: -3.19%
• DSCR: 0.86
• GRM: 11.5

CMA / ARV

• ARV (median comp): $284,391
• List price: $249,000
• Delta: -12.44%
• 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
614 Clinton St	0.06mi	3/1.0 (-1)	1,419 (-4%)	2mo	$250,000	$176	80
713 Clinton St	0.09mi	3/2.0 (-1)	1,616 (+10%)	2mo	$285,000	$176	73
610 Clinton St	0.07mi	3/2.0 (-1)	1,371 (-7%)	12mo	$220,000	$160	71
417 Garfield Dr	0.30mi	4/2.0	1,425 (-3%)	18mo	$57,000	$40	66
326 W 4th St	0.45mi	3/1.5 (-1)	1,486 (+1%)	7mo	$247,000	$166	64
515 W 6th St	0.21mi	3/1.0 (-1)	1,352 (-8%)	8mo	$185,000	$137	61
1254 W Fremont Rd	0.25mi	3/1.5 (-1)	1,626 (+10%)	4mo	$210,500	$129	60
408 Erie Ct	0.24mi	3/2.0 (-1)	1,344 (-9%)	13mo	$85,000	$63	58
713 Madison St	0.64mi	3/2.5 (-1)	1,456 (-1%)	10mo	$272,000	$187	53
123 E 10th St	0.72mi	3/1.5 (-1)	1,508 (+2%)	6mo	$275,000	$182	50
1560 W Fremont Rd	0.62mi	3/2.0 (-1)	1,554 (+6%)	10mo	$285,000	$183	48
302 W 2nd St	0.63mi	3/1.5 (-1)	1,418 (-4%)	18mo	$150,000	$106	42

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: -21.7%
• Equity multiple: 0.25×
• Total profit: $-52,184
• Equity at exit: $37,127

10-year hold

• IRR: -15.4%
• Equity multiple: 0.13×
• Total profit: $-60,799
• Equity at exit: $21,529

Cash invested: $69,720 (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 43452

• Active inventory: 220
• Price-to-rent: 11.5×

Monthly cashflow live

• Estimated rent: $1,800 medium
• Mortgage (P&I): −$1,306
• Tax from tax record: −$198 /mo · $2,371/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $-185

Break-even live

Break-even rent $2,034

Max offer price $216,291

Occupancy floor —

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
727 Madison St Port Clinton, OH	3.0	1.0	1700	$1,800	$1.06	44d	1	0.65mi

Listing history 26 events

1. 2026-06-18
   days on market $249,000 Active 138 DOM
2. 2026-06-17
   days on market $249,000 Active 137 DOM
3. 2026-06-16
   days on market $249,000 Active 136 DOM
4. 2026-06-15
   days on market $249,000 Active 135 DOM
5. 2026-06-13
   days on market $249,000 Active 133 DOM
6. 2026-06-12
   days on market $249,000 Active 132 DOM
7. 2026-06-09
   days on market $249,000 Active 129 DOM
8. 2026-06-08
   days on market $249,000 Active 128 DOM
9. 2026-06-08
   days on market $249,000 Active 127 DOM
10. 2026-06-07
    days on market $249,000 Active 126 DOM
11. 2026-06-04
    days on market $249,000 Active 123 DOM
12. 2026-06-02
    days on market $249,000 Active 122 DOM
13. 2026-06-01
    days on market $249,000 Active 121 DOM
14. 2026-05-31
    days on market $249,000 Active 120 DOM
15. 2026-05-19
    price $249,000 610-char remark

    Show marketing remark (610 chars)

    Situated in a highly desirable Port Clinton neighborhood, this 4-bedroom, 2-bath ranch offers the perfect blend of space, comfort, and location. Designed for easy one-floor living, the home features a flexible floor plan ideal for everyday living or hosting guests. Set on a generous lot, the fully fenced yard provides room to relax, entertain, or play, while the detached 2-car garage adds convenience and additional storage. Whether you're looking for your next primary residence or a solid long-term investment, this home delivers on lifestyle and location in one of Port Clinton's most sought-after areas.

16. 2026-04-15
    price $259,000 610-char remark

    Show marketing remark (610 chars)

    Situated in a highly desirable Port Clinton neighborhood, this 4-bedroom, 2-bath ranch offers the perfect blend of space, comfort, and location. Designed for easy one-floor living, the home features a flexible floor plan ideal for everyday living or hosting guests. Set on a generous lot, the fully fenced yard provides room to relax, entertain, or play, while the detached 2-car garage adds convenience and additional storage. Whether you're looking for your next primary residence or a solid long-term investment, this home delivers on lifestyle and location in one of Port Clinton's most sought-after areas.

17. 2026-03-19
    status Active 610-char remark

    Show marketing remark (610 chars)

    Situated in a highly desirable Port Clinton neighborhood, this 4-bedroom, 2-bath ranch offers the perfect blend of space, comfort, and location. Designed for easy one-floor living, the home features a flexible floor plan ideal for everyday living or hosting guests. Set on a generous lot, the fully fenced yard provides room to relax, entertain, or play, while the detached 2-car garage adds convenience and additional storage. Whether you're looking for your next primary residence or a solid long-term investment, this home delivers on lifestyle and location in one of Port Clinton's most sought-after areas.

18. 2026-02-09
    historical Active Under Contract 610-char remark

    Show marketing remark (610 chars)

    Situated in a highly desirable Port Clinton neighborhood, this 4-bedroom, 2-bath ranch offers the perfect blend of space, comfort, and location. Designed for easy one-floor living, the home features a flexible floor plan ideal for everyday living or hosting guests. Set on a generous lot, the fully fenced yard provides room to relax, entertain, or play, while the detached 2-car garage adds convenience and additional storage. Whether you're looking for your next primary residence or a solid long-term investment, this home delivers on lifestyle and location in one of Port Clinton's most sought-after areas.

19. 2026-01-31
    listed $269,000 Active 610-char remark

    Show marketing remark (610 chars)

    Situated in a highly desirable Port Clinton neighborhood, this 4-bedroom, 2-bath ranch offers the perfect blend of space, comfort, and location. Designed for easy one-floor living, the home features a flexible floor plan ideal for everyday living or hosting guests. Set on a generous lot, the fully fenced yard provides room to relax, entertain, or play, while the detached 2-car garage adds convenience and additional storage. Whether you're looking for your next primary residence or a solid long-term investment, this home delivers on lifestyle and location in one of Port Clinton's most sought-after areas.

20. 2022-09-27
    soldstatus $242,000 888-char remark

    Show marketing remark (888 chars)

    Beautifully updated 4 bedroom, 2 bath home located on a quiet street near schools, parks, shopping anddowntown. The minute you step in the door, you will feel right at home. There have been many updates completed in the last few years including roof, siding, kitchen cabinets, appliances and flooring. Owner's suite is complete with it's own private bathroom. The fourth bedroom is currently used as an office. Enjoy your morning coffee in the three season room. The kitchen has been completely updated with new countertops, cabinets and appliances which stay with the home. Cozy and inviting living room complete with new flooring. Lots of natural lighting throughout the home. Paved driveway with 2 car detached garage and plenty of storage for your outdoor toys and equipment. This home has been meticulously taken care of and tastefully decorated. You will fall in love with this one!

21. 2022-09-27
    soldstatus $242,000

    Show marketing remark (888 chars)

    Beautifully updated 4 bedroom, 2 bath home located on a quiet street near schools, parks, shopping anddowntown. The minute you step in the door, you will feel right at home. There have been many updates completed in the last few years including roof, siding, kitchen cabinets, appliances and flooring. Owner's suite is complete with it's own private bathroom. The fourth bedroom is currently used as an office. Enjoy your morning coffee in the three season room. The kitchen has been completely updated with new countertops, cabinets and appliances which stay with the home. Cozy and inviting living room complete with new flooring. Lots of natural lighting throughout the home. Paved driveway with 2 car detached garage and plenty of storage for your outdoor toys and equipment. This home has been meticulously taken care of and tastefully decorated. You will fall in love with this one!

22. 2022-08-08
    listed $239,900 888-char remark

    Show marketing remark (888 chars)

    Beautifully updated 4 bedroom, 2 bath home located on a quiet street near schools, parks, shopping anddowntown. The minute you step in the door, you will feel right at home. There have been many updates completed in the last few years including roof, siding, kitchen cabinets, appliances and flooring. Owner's suite is complete with it's own private bathroom. The fourth bedroom is currently used as an office. Enjoy your morning coffee in the three season room. The kitchen has been completely updated with new countertops, cabinets and appliances which stay with the home. Cozy and inviting living room complete with new flooring. Lots of natural lighting throughout the home. Paved driveway with 2 car detached garage and plenty of storage for your outdoor toys and equipment. This home has been meticulously taken care of and tastefully decorated. You will fall in love with this one!

23. 2021-09-08
    soldstatus $192,000
24. 2014-05-30
    soldstatus $103,000
25. 2013-08-26
    soldstatus $95,000
26. 2005-08-29
    soldstatus $125,000

ⓘ 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: $2,371 · $198/mo
• Projected year-2 tax: $3,128 · $261/mo
• Expected delta: +$756/yr (+$63/mo · 31.9%)

ⓘ 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 ≥96°F today · 17 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: $21,600
• − Mortgage interest: −$13,948
• − Property taxes: −$2,371
• − Insurance: −$1,245
• − Repairs & maintenance: −$1,728
• − Management: −$1,728
• − Depreciation: −$7,244
• Taxable loss: −$6,664
• Est. tax savings @ 24.0%: +$1,599
• After-tax cash flow: $-623/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: Port Clinton City
• NCES district ID: 3904465
• Math proficiency: 55% ▼ -14.00%
• Reading proficiency: 59% ▼ -11.00%
• Median HH income: $47,532
• Composite: 48.34/100
• National rank: #2145
• State rank: #342 of 656 in OH

Livability — Port Clinton

• Score: 72/100
• State rank: #359
• US rank: #5778

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Port Clinton, OH
• County: Ottawa · 37,113 people
• City population: 14,052
• Metro: Sandusky, OH
• Population (ZIP): 14,052
• Household income: $63,815
• Rent vs Own: 20.7% rent · 79.3% own
• Severe rent burden: 5.6

Population outlook (Ottawa County) Hauer SSP2

• Today (2025): 39,548 people
• By 2030: 38,297 · -3.2%
• By 2040: 35,070 · -11.3%
• By 2050: 31,956 · -19.2%
• By 2075: 27,454 · -30.6%
• By 2100: 23,596 · -40.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 4% Black 2%
• Common ancestry: Romanian 5% Lithuanian 3% Iranian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Ottawa

• 2024 margin: Strong R (+25.1) · D 37.0% · R 62.1%
• 2008→2024 swing: -31.3pp toward R · 2008: 6.3pp · 2024: -25.1pp
• All cycles: 2024: R+25.1 2020: R+23.4 2016: R+19.6 2012: D+4.1 2008: D+6.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -145.50%
• Current HPI: 219.0624
• 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

+99.2% since first listed

12 events — show timeline

• 2026-05-19 Price Changed $249,000 FAOR
• 2026-04-15 Price Changed $259,000 FAOR
• 2026-03-19 Relisted — FAOR
• 2026-02-09 Contingent — FAOR
• 2026-01-31 Listed $269,000 FAOR
• 2022-09-27 Sold (Public Records) $242,000 Public Records
• 2022-09-27 Sold (MLS) $242,000 FAOR
• 2022-08-08 Listed $239,900 FAOR
• 2021-09-08 Sold (Public Records) $192,000 Public Records
• 2014-05-30 Sold (Public Records) $103,000 Public Records
• 2013-08-26 Sold (Public Records) $95,000 Public Records
• 2005-08-29 Sold (Public Records) $125,000 Public Records

Property tax history

+4.8%/yr

Latest (2025): $2,371 · -2.0% YoY. Source: county tax records.