1517 Daytona Dr · Toledo, OH 43612

$149,000

3 bd · 1.5 ba · 1,183 sqft · SingleFamily public records · 5 Days on market

Built 1971 Est $155k · at est.

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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).

• Cash flow +13.6/30.0
• ARV discount +9.2/15.0
• DSCR +4.1/10.0
• Rent growth +4.0/5.0
• 1% rule +3.5/10.0
• Schools +3.5/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great Opportunity in Washington Local Schools. Huge Basement with extra below grade bedroom space. Updated Kitchen, Two Full Bathrooms, Spacious Bedrooms with attached Master Bath.Agents, please see agent remarks/attachment for details regarding owner occupant buyer requirements. Priority is given toowner occupant buyers.

Key facts

• Custom kitchen
• Soft-close cabinetry
• Granite countertops

Tags

• CUSTOM KITCHEN
• GRANITE COUNTERTOPS
• SOFT-CLOSE CABINETRY
• UNDER-CABINET LIGHTING
• PARTIALLY FINISHED BASEMENT
• PRIVATE ATTACHED BATHROOM

Property features AI

Exterior

• Home design: Built in 1971; Single-family property
• Construction: 1971 construction
• Exterior features: Located in the Whitmer-Trilby subdivision

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $149k.

Deal economics

• At list price, monthly cash flow is $8 ($101/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 $127k (14.5% below list).
• Recommended offer: $127k (14.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#645 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, crime F, commute F.
• Washington Local (urban): math 37% / reading 47% proficiency, ranked #528 of 656 in OH (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Jackman Elementary School (math 27% / reading 47%, 3 students, 0% FRL); Whitmer High School (math 38% / reading 48%, grade F, #494 of 781 statewide, top 63%, 2,247 students, 42% FRL) — zoned schools average 21% FRL vs 48% district-wide (28 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+6.0%/yr); 101 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 415 units permitted in Lucas County in 2024 (122 in 5+ unit buildings).
• This rent runs 30% of the median local income ($51k/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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Lucas County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 2y 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 $85k; list at $149k implies a 75% gain — meaningful room to come down on a strong offer.

Recommended offer $127,359 (14.5% below list)

Questions for the listing agent

1. Built in 1971 — 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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.85% ✗
• Cap rate: 6.36%
• Cash-on-cash: 0.24%
• DSCR: 1.01
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $154,973
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5834 Curson Dr	0.06mi	3/1.5	1,075 (-9%)	1mo	$129,050	$120	81
5836 Curson Dr	0.07mi	3/1.5	1,075 (-9%)	3mo	$124,500	$116	79
1716 Caxton Ln	0.33mi	3/1.0	1,123 (-5%)	2mo	$139,000	$124	73
6043 Pickard Dr	0.48mi	3/2.0	1,148 (-3%)	1mo	$190,000	$166	70
5951 Livingston Dr	0.36mi	3/2.0	1,253 (+6%)	5mo	$165,000	$132	67
6018 Saddlewood Dr	0.63mi	3/1.5	1,225 (+4%)	7mo	$232,000	$189	59
1374 Gage Dr	0.27mi	2/1.0 (-1)	1,329 (+12%)	4mo	$40,500	$30	57
6038 Tetherwood Dr	0.71mi	3/2.0	1,225 (+4%)	8mo	$184,800	$151	53
1826 Newport Ave	0.70mi	3/1.5	1,075 (-9%)	1mo	$145,000	$135	51
1124 Northville Dr	0.65mi	3/1.0	1,104 (-7%)	8mo	$119,666	$108	50
5247 Jackman Rd	0.73mi	3/1.5	1,044 (-12%)	1mo	$126,000	$121	45
1825 Northover Rd	0.68mi	3/1.0	1,332 (+13%)	4mo	$174,900	$131	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 · 6.01% rent growth · sell at horizon

5-year hold

• IRR: -12.7%
• Equity multiple: 0.53×
• Total profit: $-19,637
• Equity at exit: $22,216

10-year hold

• IRR: 0.3%
• Equity multiple: 1.02×
• Total profit: $932
• Equity at exit: $12,883

Cash invested: $41,720 (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 43612

• Home prices YoY: -17.5%
• Rents YoY: 6.0%
• Active inventory: 101
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,274 high
• Mortgage (P&I): −$781
• Tax from tax record: −$154 /mo · $1,851/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $8

Break-even live

Break-even rent $1,263

Max offer price $149,000

Occupancy floor 94%

Sensitivity live

Price	-10% $93	-5% $51	+0% $8	+5% $-34	+10% $-76
Rent	-10% $-92	-5% $-42	+0% $8	+5% $59	+10% $109
Rate	-1.0pp $83	-0.5pp $46	base $8	+0.5pp $-30	+1.0pp $-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: $37,250
• Closing costs: $4,470
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1417 Primrose Ave Toledo, OH	3.0	1.0	1411	$1,625	$1.15	16d	1	0.11mi
1509 Brooke Park Dr Apt 3 Toledo, OH	2.0	1.0	859	$700	$0.81	25d	1	0.45mi
1540 Brooke Park Dr Unit 5 Toledo, OH	2.0	1.0	850	$800	$0.94	16d	1	0.48mi
1520 Brooke Park Dr Apt 6 Toledo, OH	2.0	1.0	850	$760	$0.89	45d	1	0.48mi
1732 Newport Ave Toledo, OH	3.0	1.0	896	$1,350	$1.51	25d	1	0.64mi
5941 Tetherwood Dr Toledo, OH	3.0	1.5	1364	$1,695	$1.24	25d	1	0.70mi
2132 Stirrup Ln Toledo, OH	2.0	1.0	900	$1,035	$1.15	45d	3	0.76mi
5834 Yermo Dr Toledo, OH	1.0–2.0	1.0–2.0	870	$909	$1.04	16d	12	0.85mi
1733 Christian Ave Unit 5 Toledo, OH	2.0	1.0	839	$700	$0.83	45d	1	0.85mi
1801 Christian Ave Toledo, OH	1.0–2.0	1.0	750	$939	$1.25	16d	1	0.91mi
6220 Lewis Ave Toledo, OH	1.0–2.0	1.0	764	$895	$1.17	16d	1	0.97mi
927 W Northgate Pkwy Toledo, OH	2.0	1.0	896	$1,100	$1.23	16d	1	1.03mi
2338 Bodette Ave Toledo, OH	3.0	2.0	1150	$1,800	$1.57	23d	1	1.04mi
2347 Bucklew Dr Toledo, OH	3.0	2.0	1200	$1,600	$1.33	16d	1	1.10mi
540 W Alexis Rd Toledo, OH	1.0–2.0	1.0	725	$944	$1.30	16d	14	1.22mi
2527 Arletta St Toledo, OH	2.0	1.0	1100	$1,100	$1.00	45d	1	1.34mi
1338 Crestwood Rd Toledo, OH	3.0	1.0	1000	$1,250	$1.25	16d	1	1.35mi
823 Custer Dr Unit Upstairs Toledo, OH	2.0	1.0	700	$925	$1.32	16d	1	1.36mi
4614 Commonwealth Ave Toledo, OH	3.0	1.5	1459	$1,295	$0.89	16d	1	1.39mi
5207 Bennett Rd Toledo, OH	2.0	2.0	1109	$1,200	$1.08	16d	1	1.50mi

Listing history 4 events

1. 2026-06-21
   days on market $149,000 Active 5 DOM
2. 2026-06-18
   days on market $149,000 Active 2 DOM
3. 2026-06-17
   remarks 699-char remark
4. 2026-06-17
   listed $149,000 Active 1 DOM

ⓘ 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: $1,851 · $154/mo
• Projected year-2 tax: $2,088 · $174/mo
• Expected delta: +$236/yr (+$20/mo · 12.8%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥101°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,283
• − Mortgage interest: −$8,346
• − Property taxes: −$1,851
• − Insurance: −$745
• − Repairs & maintenance: −$1,223
• − Management: −$1,223
• − Depreciation: −$4,335
• Taxable loss: −$2,439
• Est. tax savings @ 24.0%: +$585
• After-tax cash flow: $686/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: Washington Local
• NCES district ID: 3904823
• Math proficiency: 37% ▼ -20.00%
• Reading proficiency: 47% ▼ -11.00%
• Median HH income: $42,105
• Composite: 35.36/100
• National rank: #4957
• State rank: #528 of 656 in OH

Livability — Toledo

• Score: 66/100
• State rank: #645
• US rank: #11442

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Toledo, OH
• County: Lucas County · 380,724 people
• City population: 280,811
• Metro: Toledo, OH
• Population (ZIP): 28,480
• Household income: $50,728
• Rent vs Own: 45.4% rent · 54.6% own
• Severe rent burden: 1203.0

Population outlook (Lucas County) Hauer SSP2

• Today (2025): 420,751 people
• By 2030: 410,187 · -2.5%
• By 2040: 384,019 · -8.7%
• By 2050: 355,125 · -15.6%
• By 2075: 291,683 · -30.7%
• By 2100: 233,670 · -44.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (63%)
• Race & ethnicity: White 63% Black 23% Two or more races 10% Hispanic / Latino 9%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 9% Lithuanian 3% Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · Lucas

• 2024 margin: D (+12.6) · D 55.8% · R 43.2%
• 2008→2024 swing: -18.9pp toward R · 2008: 31.4pp · 2024: 12.6pp
• All cycles: 2024: D+12.6 2020: D+16.8 2016: D+17.4 2012: D+30.4 2008: D+31.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.05%
• Current HPI: 235.5389
• Rent YoY: ▲ 6.01%
• Metro: Toledo, OH
• 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

+49.1% since first listed

7 events — show timeline

• 2026-06-17 Listed $149,000 FSBO.com
• 2025-10-14 Price Changed $85,000 NORIS
• 2024-09-27 Sold (Public Records) $85,000 Public Records
• 2024-09-24 Sold (MLS) $85,000 NORIS
• 2024-09-05 Contingent — NORIS
• 2024-08-23 Price Changed $89,900 NORIS
• 2024-07-22 Listed $99,900 NORIS

Property tax history

+4.8%/yr

Latest (2025): $1,851 · +47.2% YoY. Source: county tax records.