514 Lane Street St · Coal Grove, OH 45638

$124,900

3 bd · 1.0 ba · 1,644 sqft · SingleFamily public records · 294 Days on market

Built 1937 0.68 ac lot $76/sqft · 31% below area Est $94k · 32% over

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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 +27.3/30.0
• DSCR +9.5/10.0
• 1% rule +6.6/10.0
• Schools +4.0/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

Key facts

• Laundry area
• Finished attic space
• Oversized backyard

Tags

• FINISHED ATTIC SPACE
• OVERSIZED BACKYARD
• LAUNDRY AREA
• FRONT AND BACK PORCHES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $362 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#638 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.
• Dawson-Bryant Local (suburban): math 44% / reading 50% proficiency, ranked #485 of 656 in OH (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Dawson-Bryant Elementary School (math 58% / reading 56%, grade C+, #729 of 1,584 statewide, top 48%, 576 students, 0% FRL); Dawson-Bryant Middle School (math 37% / reading 45%, grade F, #505 of 654 statewide, top 78%, 262 students, 0% FRL); Dawson-Bryant High School (math 27% / reading 52%, grade F, #528 of 781 statewide, top 71%, 311 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 87 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 18 units permitted in Lawrence County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($50k/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 $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Lawrence County population projected at -22% 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 $35k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 294 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts 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 $67k; list at $125k implies a 86% 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 $109,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 294 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 1937 — 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. 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: 1.16% ✓
• Cap rate: 9.77%
• Cash-on-cash: 12.41%
• DSCR: 1.55
• GRM: 7.2

CMA / ARV

• ARV (median comp): $94,281
• List price: $124,900
• Delta: 32.48%
• Verdict: OVERPRICED
• Comps: 18 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
125 Center St	0.20mi	3/2.0	1,608 (-2%)	5mo	$162,000	$101	79
126 North Street St	0.16mi	4/1.0 (+1)	1,444 (-12%)	9mo	$159,900	$111	60
111 Holly Ln	0.42mi	4/2.0 (+1)	1,728 (+5%)	10mo	$249,900	$145	55
730 High St	0.19mi	3/1.0	1,444 (-12%)	22mo	$20,000	$14	53
135 Lane St	0.46mi	4/2.0 (+1)	1,878 (+14%)	9mo	$165,000	$88	39

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: 2.1%
• Equity multiple: 1.08×
• Total profit: $2,761
• Equity at exit: $18,623

10-year hold

• IRR: 11.6%
• Equity multiple: 1.91×
• Total profit: $31,946
• Equity at exit: $10,799

Cash invested: $34,972 (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 45638

• Home prices YoY: -19.6%
• Active inventory: 87
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,450 medium
• Mortgage (P&I): −$655
• Tax from tax record: −$77 /mo · $923/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$304
• Net cashflow: $362

Break-even live

Break-even rent $992

Max offer price $124,900

Occupancy floor 70%

Sensitivity live

Price	-10% $432	-5% $397	+0% $362	+5% $326	+10% $291
Rent	-10% $247	-5% $304	+0% $362	+5% $419	+10% $476
Rate	-1.0pp $424	-0.5pp $393	base $362	+0.5pp $329	+1.0pp $296

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
200 Providence Hill Dr Ashland, KY	1.0–3.0	1.0–2.0	1100	$1,450	$1.32	4d	1	1.17mi

Listing history 36 events

1. 2026-06-22
   days on market $124,900 Active 294 DOM
2. 2026-06-21
   days on market $124,900 Active 293 DOM
3. 2026-06-21
   days on market $124,900 Active 292 DOM
4. 2026-06-18
   days on market $124,900 Active 290 DOM
5. 2026-06-17
   days on market $124,900 Active 289 DOM
6. 2026-06-16
   days on market $124,900 Active 288 DOM
7. 2026-06-15
   days on market $124,900 Active 287 DOM
8. 2026-06-13
   days on market $124,900 Active 285 DOM
9. 2026-06-12
   days on market $124,900 Active 284 DOM
10. 2026-06-09
    days on market $124,900 Active 281 DOM
11. 2026-06-08
    days on market $124,900 Active 280 DOM
12. 2026-06-08
    days on market $124,900 Active 279 DOM
13. 2026-06-05
    days on market $124,900 Active 277 DOM
14. 2026-06-04
    remarks 695-char remark
15. 2026-06-04
    statusdays on market $124,900 Active 275 DOM
16. 2026-06-02
    days on market $124,900 Active Under Contract 274 DOM
17. 2026-06-01
    days on market $124,900 Active Under Contract 273 DOM
18. 2026-05-31
    days on market $124,900 Active Under Contract 272 DOM
19. 2026-05-19
    historical Active Under Contract 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

20. 2026-05-19
    status Pending 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

21. 2026-05-14
    status Active 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

22. 2026-05-14
    status Active 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

23. 2026-03-23
    status Pending 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

24. 2026-03-23
    historical Active Under Contract 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

25. 2026-03-21
    price $124,900 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

26. 2026-03-21
    price $124,900 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

27. 2025-11-03
    status Active 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

28. 2025-11-03
    status Active 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

29. 2025-10-16
    status Pending 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

30. 2025-10-16
    historical Active Under Contract 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

31. 2025-09-01
    listed $129,900 Active 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

32. 2025-08-29
    listed $129,900 Active 671-char remark

    Show marketing remark (671 chars)

    Cozy home inside the village of Coal Grove just waiting for a new owner! This house features 2 bedrooms, living room, kitchen, & bathroom on the first floor. Upstairs attic space has been finished for bonus area. Can be storage, hobby room, additional sleeping area, or playroom. Full unfinished basement with walk out gives you access to oversized backyard. Has space for garage, pool, play area, or garden. Basement has laundry area and could be used for bonus living space as well. Front and back porches both partially wrap around, providing ideal space for grill or outdoor seating. Fireplace was previously wood burning. Has been converted to electric insert.

33. 2019-02-11
    soldstatus $67,000
34. 2006-09-08
    soldstatus $56,800
35. 1994-08-05
    soldstatus $33,900
36. 1989-12-11
    soldstatus $56,666

ⓘ 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: $923 · $77/mo
• Projected year-2 tax: $1,436 · $120/mo
• Expected delta: +$513/yr (+$43/mo · 55.5%)

ⓘ 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) · 22% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥102°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,400
• − Mortgage interest: −$6,996
• − Property taxes: −$923
• − Insurance: −$624
• − Repairs & maintenance: −$1,392
• − Management: −$1,392
• − Depreciation: −$3,633
• Taxable income: $2,439
• Est. tax owed @ 24.0%: −$585
• After-tax cash flow: $3,753/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: Dawson-Bryant Local
• NCES district ID: 3904792
• Math proficiency: 44% ▼ -31.00%
• Reading proficiency: 50% ▼ -19.00%
• Median HH income: $45,537
• Composite: 39.85/100
• National rank: #3870
• State rank: #485 of 656 in OH

Livability — Coal Grove

• Score: 66/100
• State rank: #638
• US rank: #11274

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Coal Grove, OH
• County: Lawrence · 57,020 people
• Metro: Huntington-Ashland, WV-KY-OH
• Population (ZIP): 19,921
• Household income: $49,544
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 10.7

Population outlook (Lawrence County) Hauer SSP2

• Today (2025): 57,915 people
• By 2030: 55,650 · -3.9%
• By 2040: 50,523 · -12.8%
• By 2050: 45,103 · -22.1%
• By 2075: 32,441 · -44.0%
• By 2100: 21,754 · -62.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Black 1%
• Common ancestry: Slovak 2% Iranian 2% Lithuanian 1%
• Foreign-born: 0%

Political lean MEDSL · Lawrence

• 2024 margin: Solid R (+50.5) · D 24.4% · R 74.9%
• 2008→2024 swing: -35.2pp toward R · 2008: -15.3pp · 2024: -50.5pp
• All cycles: 2024: R+50.5 2020: R+45.6 2016: R+43.9 2012: R+15.5 2008: R+15.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -48.00%
• Current HPI: 196.7459
• 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

+120.4% since first listed

18 events — show timeline

• 2026-05-19 Contingent — AABOR
• 2026-05-19 Pending — HBRMLS
• 2026-05-14 Relisted — HBRMLS
• 2026-05-14 Relisted — AABOR
• 2026-03-23 Pending — HBRMLS
• 2026-03-23 Contingent — AABOR
• 2026-03-21 Price Changed $124,900 AABOR
• 2026-03-21 Price Changed $124,900 HBRMLS
• 2025-11-03 Relisted — AABOR
• 2025-11-03 Relisted — HBRMLS
• 2025-10-16 Pending — HBRMLS
• 2025-10-16 Contingent — AABOR
• 2025-09-01 Listed $129,900 AABOR
• 2025-08-29 Listed $129,900 HBRMLS
• 2019-02-11 Sold (Public Records) $67,000 Public Records
• 2006-09-08 Sold (Public Records) $56,800 Public Records
• 1994-08-05 Sold (Public Records) $33,900 Public Records
• 1989-12-11 Sold (Public Records) $56,666 Public Records

Property tax history

+4.2%/yr

Latest (2025): $923 · +10.5% YoY. Source: county tax records.