25912 Lashley - Sue Linn Acres · Batesville, OH 43780

$79,900

1 bd · 1.0 ba · 576 sqft · SingleFamily · 102 Days on market

Built 1969 Fair condition 0.33 ac lot $139/sqft · 48% below area Est $153k · 48% under ↓ 30% since listing

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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 +17.7/30.0
• ARV discount +15.0/15.0
• Appreciation +7.3/10.0
• DSCR +5.5/10.0
• 1% rule +4.8/10.0
• Schools +4.7/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks MLS

POTENTIAL GALORE with these TWO SENECA LAKE PARCELS on PRIVATE LAND in Sue Linn acres! Each parcel is a 60x120 lot for a total of . 33 acres (60x240) with an alley between the parcels making it great for building your dream lake house and/or garage for your lake toys. The vacant parcel fronts SR 313 and has seasonal water views. The second parcel can be accessed from an alley or Apple Lane and currently has a furnished 1 bedroom, 1 bath mobile home with metal roof, well water and septic ready for your summer stays. Seneca Lake is within walking distance from the property. Association fees are not required, but you can choose to join the Churchman Boating Association for a one-time membership fee of $1,000 + $200 annual dues + MWCD boat sticker. Mailing address is Quaker City. Call today to tour and be ready for summer fun!

Key facts

• Covered front porch
• Private land
• Propane wall heater

Tags

• PRIVATE LAND
• SEASONAL VIEWS
• COVERED FRONT PORCH
• PROPANE WALL HEATER
• WINDOW AC UNIT
• EAT-IN SIZE KITCHEN

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $80k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $64 ($772/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 $78k (2.3% below list).
• Recommended offer: $73k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 49/100 on livability (#1,174 in OH) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: amenities F, commute F, employment F.
• Noble Local (rural): math 53% / reading 58% proficiency, ranked #371 of 656 in OH (top 57%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Shenandoah Elementary School (math 59% / reading 58%, grade B-, #708 of 1,584 statewide, top 45%, 712 students, 42% FRL); Shenandoah High School (math 22% / reading 57%, grade F, #528 of 781 statewide, top 71%, 261 students, 40% FRL) — zoned schools at 41% FRL track the district average.
• Market conditions: 30 active listings in the ZIP; 19 units permitted in Noble County in 2024 (0 in 5+ unit buildings).
• This rent is only 15% of the median local income ($64k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• In year one you build about $4k of equity ($552 loan paydown + $4k appreciation (4.6% local appreciation)).
• Noble County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.6% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 102 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $72,709 (9.0% below list)

Questions for the listing agent

1. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1969 — 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.98% ✗
• Cap rate: 7.26%
• Cash-on-cash: 3.45%
• DSCR: 1.15
• GRM: 8.5

CMA / ARV

• ARV (median comp): $152,931
• List price: $79,900
• Delta: -47.75%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

4.62% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.9%
• Equity multiple: 1.93×
• Total profit: $20,801
• Equity at exit: $43,446

10-year hold

• IRR: 15.7%
• Equity multiple: 3.69×
• Total profit: $60,228
• Equity at exit: $73,510

Cash invested: $22,372 (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 43780

• Home prices YoY: 1.8%
• Active inventory: 30
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $780 medium
• Mortgage (P&I): −$419
• Tax est. 1.5%: −$100 /mo · $1,198/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$164
• Net cashflow: $64

Break-even live

Break-even rent $699

Max offer price $79,900

Occupancy floor 87%

Sensitivity live

Price	-10% $120	-5% $92	+0% $64	+5% $37	+10% $9
Rent	-10% $3	-5% $33	+0% $64	+5% $95	+10% $126
Rate	-1.0pp $105	-0.5pp $85	base $64	+0.5pp $44	+1.0pp $23

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-12
   statusdays on market $79,900 Pending 102 DOM
2. 2026-06-09
   days on market $79,900 Active 100 DOM
3. 2026-06-08
   days on market $79,900 Active 99 DOM
4. 2026-06-08
   days on market $79,900 Active 98 DOM
5. 2026-06-07
   days on market $79,900 Active 97 DOM
6. 2026-06-04
   days on market $79,900 Active 94 DOM
7. 2026-06-02
   days on market $79,900 Active 93 DOM
8. 2026-06-01
   days on market $79,900 Active 92 DOM
9. 2026-05-31
   days on market $79,900 Active 91 DOM
10. 2026-04-28
    price $79,900 835-char remark

    Show marketing remark (907 chars)

    Check out the POSSIBILITIES with these TWO SENECA LAKE PARCELS on PRIVATE LAND in Sue Linn Acres! Purchase this as-is mobile home and enjoy the summers at the lake OR utilize the two parcels (each parcel 60x120) to build your dream lake house/cabin and garage for your lake toys! The vacant parcel has seasonal views of the lake. The furnished mobile home with newer metal roof on the other parcel offers a covered front porch, living room with propane wall heater, window AC unit, and plenty of windows plus an eat-in size kitchen with appliances. There's one full bath and a bedroom with two closets. Seneca Lake is within walking distance from the property. Association fees are not required, but you can choose to join the Churchman Boating Assoc. for a one-time membership fee of $1,000 + $200 annual dues + MWCD boat sticker. Mailing address is Quaker City. Call today to tour and be ready for summer!

11. 2026-04-28
    price $79,900 907-char remark

    Show marketing remark (907 chars)

    Check out the POSSIBILITIES with these TWO SENECA LAKE PARCELS on PRIVATE LAND in Sue Linn Acres! Purchase this as-is mobile home and enjoy the summers at the lake OR utilize the two parcels (each parcel 60x120) to build your dream lake house/cabin and garage for your lake toys! The vacant parcel has seasonal views of the lake. The furnished mobile home with newer metal roof on the other parcel offers a covered front porch, living room with propane wall heater, window AC unit, and plenty of windows plus an eat-in size kitchen with appliances. There's one full bath and a bedroom with two closets. Seneca Lake is within walking distance from the property. Association fees are not required, but you can choose to join the Churchman Boating Assoc. for a one-time membership fee of $1,000 + $200 annual dues + MWCD boat sticker. Mailing address is Quaker City. Call today to tour and be ready for summer!

12. 2026-03-01
    listed $84,900 Active 835-char remark

    Show marketing remark (907 chars)

    Check out the POSSIBILITIES with these TWO SENECA LAKE PARCELS on PRIVATE LAND in Sue Linn Acres! Purchase this as-is mobile home and enjoy the summers at the lake OR utilize the two parcels (each parcel 60x120) to build your dream lake house/cabin and garage for your lake toys! The vacant parcel has seasonal views of the lake. The furnished mobile home with newer metal roof on the other parcel offers a covered front porch, living room with propane wall heater, window AC unit, and plenty of windows plus an eat-in size kitchen with appliances. There's one full bath and a bedroom with two closets. Seneca Lake is within walking distance from the property. Association fees are not required, but you can choose to join the Churchman Boating Assoc. for a one-time membership fee of $1,000 + $200 annual dues + MWCD boat sticker. Mailing address is Quaker City. Call today to tour and be ready for summer!

13. 2026-03-01
    listed $84,900 Active 907-char remark

    Show marketing remark (907 chars)

    Check out the POSSIBILITIES with these TWO SENECA LAKE PARCELS on PRIVATE LAND in Sue Linn Acres! Purchase this as-is mobile home and enjoy the summers at the lake OR utilize the two parcels (each parcel 60x120) to build your dream lake house/cabin and garage for your lake toys! The vacant parcel has seasonal views of the lake. The furnished mobile home with newer metal roof on the other parcel offers a covered front porch, living room with propane wall heater, window AC unit, and plenty of windows plus an eat-in size kitchen with appliances. There's one full bath and a bedroom with two closets. Seneca Lake is within walking distance from the property. Association fees are not required, but you can choose to join the Churchman Boating Assoc. for a one-time membership fee of $1,000 + $200 annual dues + MWCD boat sticker. Mailing address is Quaker City. Call today to tour and be ready for summer!

14. 2025-10-20
    historical
15. 2024-11-01
    price $84,900
16. 2024-05-25
    price $99,999
17. 2023-11-04
    listed $114,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,364
• − Mortgage interest: −$4,476
• − Property taxes: −$1,198
• − Insurance: −$400
• − Repairs & maintenance: −$749
• − Management: −$749
• − Depreciation: −$2,324
• Taxable loss: −$532
• Est. tax savings @ 24.0%: +$128
• After-tax cash flow: $899/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This mobile home requires moderate renovations to improve its condition and appeal. Key areas for improvement include the kitchen, exterior siding, and windows. Upgrades to these areas would significantly enhance its resale and rental value.

Repairs flagged

• Minor Kitchen cabinets — Slight wear, could be refinished.
• Minor Paint — Some wear on walls, could be refreshed.
• Minor Landscaping — Overgrown areas, could be trimmed and mulched.
• Minor Windows — Some wear, could be replaced or cleaned.
• Moderate Exterior siding — Visible wear, could be repainted or replaced.
• Moderate Kitchen appliances — Dated, could be replaced with modern models.

Value-add opportunities

• Both Replace dated kitchen appliances — Modern appliances would improve both resale and rental value.
• Both Paint interior walls — Fresh paint would improve the home's appearance and appeal.
• Both Replace worn-out windows — New windows would improve energy efficiency and curb appeal.
• Both Landscaping improvements — Aesthetic improvements would enhance the home's curb appeal and attract potential buyers/tenants.
• Both Replace worn-out exterior siding — A fresh coat of paint or new siding would significantly improve the home's curb appeal and value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · Slight wear, could be refinished.	Minor	$500–3,000
Paint · Some wear on walls, could be refreshed.	Minor	$500–3,000
Landscaping · Overgrown areas, could be trimmed and mulched.	Minor	$500–3,000
Windows · Some wear, could be replaced or cleaned.	Minor	$500–3,000
Exterior siding · Visible wear, could be repainted or replaced.	Moderate	$3,000–15,000
Kitchen appliances · Dated, could be replaced with modern models.	Moderate	$3,000–15,000
Total estimated repair cost · 6 items		$8,000–42,000

Value-add ROI direction

• Both Replace dated kitchen appliances — Modern appliances would improve both resale and rental value. ↑
• Both Paint interior walls — Fresh paint would improve the home's appearance and appeal. ↑
• Both Replace worn-out windows — New windows would improve energy efficiency and curb appeal. ↑
• Both Landscaping improvements — Aesthetic improvements would enhance the home's curb appeal and attract potential buyers/tenants. ↑
• Both Replace worn-out exterior siding — A fresh coat of paint or new siding would significantly improve the home's curb appeal and value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Noble Local
• NCES district ID: 3904890
• Math proficiency: 53% ▼ -15.00%
• Reading proficiency: 58% ▼ -6.00%
• Median HH income: $44,248
• Composite: 46.78/100
• National rank: #2385
• State rank: #371 of 656 in OH

Livability — Batesville

• Score: 49/100
• State rank: #1174
• US rank: #25829

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Noble · 16,074 people
• Population (ZIP): 2,187
• Household income: $64,091
• Rent vs Own: 14.0% rent · 86.0% own
• Severe rent burden: 8.8

Population outlook (Noble County) Hauer SSP2

• Today (2025): 13,837 people
• By 2030: 13,584 · -1.8%
• By 2040: 12,674 · -8.4%
• By 2050: 11,551 · -16.5%
• By 2075: 8,951 · -35.3%
• By 2100: 6,807 · -50.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Hispanic / Latino 2%
• Common ancestry: Romanian 3% Lithuanian 3% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Arabic 3%

Political lean MEDSL · Noble

• 2024 margin: Solid R (+64.6) · D 17.4% · R 82.0%
• 2008→2024 swing: -48.8pp toward R · 2008: -15.8pp · 2024: -64.6pp
• All cycles: 2024: R+64.6 2020: R+62.5 2016: R+55.1 2012: R+24.6 2008: R+15.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.62%
• Current HPI: 260.1533
• 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

-30.5% since first listed

8 events — show timeline

• 2026-04-28 Price Changed $79,900 MLSNOW
• 2026-04-28 Price Changed $79,900 MLSNOW
• 2026-03-01 Listed $84,900 MLSNOW
• 2026-03-01 Listed $84,900 MLSNOW
• 2025-10-20 Listing Removed — MLSNOW
• 2024-11-01 Price Changed $84,900 MLSNOW
• 2024-05-25 Price Changed $99,999 MLSNOW
• 2023-11-04 Listed $114,900 MLSNOW