543 Austin St · Toledo, OH 43608

$74,000

3 bd · 1.0 ba · 1,188 sqft · SingleFamily public records · 101 Days on market

Built 1915 3,001 sqft lot $62/sqft · 79% above area

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.7/10.0
• ARV discount +7.5/15.0
• Rent growth +3.5/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move-in ready 3-bedroom, 1-bath home featuring a welcoming enclosed front porch and a spacious living room. The fenced backyard offers added privacy and includes two storage sheds for extra storage. A clean basement and built-in shelving throughout the home provide plenty of space for organization. Roof is approximately 2 years old. Whether you?re looking for a comfortable personal residence or a great investment opportunity, this property is ready to start generating cash flow immediately.

Key facts

• Clean basement
• Fenced backyard
• Built-in shelving

Tags

• ENCLOSED FRONT PORCH
• FENCED BACKYARD
• STORAGE SHEDS
• CLEAN BASEMENT
• BUILT-IN SHELVING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $74k.

Deal economics

• At list price, monthly cash flow is $363 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $74k).
• Recommended offer: $67k (9.0% below list) — sets the bar for market timing.
• Cap rate 12.2% vs local median 7.6% in Toledo — 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 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-, schools D-, crime F.
• Toledo City (urban): math 15% / reading 24% proficiency, ranked #634 of 656 in OH (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.9%/yr); 58 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 415 units permitted in Lucas County in 2024 (122 in 5+ unit buildings).
• This rent runs 45% of the median local income ($29k/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 $512 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 3.9% rent growth), your $21k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 101 days — a 9% lower offer ($67k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago; this cycle's ask has dropped $21k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

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

Recommended offer $67,340 (9.0% below list)

Questions for the listing agent

1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% 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 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?
6. 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?
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: 1.47% ✓
• Cap rate: 12.18%
• Cash-on-cash: 21.01%
• DSCR: 1.93
• GRM: 5.7

CMA / ARV

• ARV (median comp): $41,397
• List price: $74,000
• Delta: 78.76%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
414 Palmer St	0.16mi	2/1.0 (-1)	1,239 (+4%)	3mo	$65,000	$52	78
2742 Chestnut St	0.11mi	3/1.0	1,312 (+10%)	5mo	$43,000	$33	74
2344 Elm St	0.17mi	3/1.0	1,301 (+10%)	4mo	$69,750	$54	73
3118 Elm St	0.42mi	3/1.0	1,140 (-4%)	4mo	$50,000	$44	71
532 Dexter St	0.21mi	3/1.5	1,307 (+10%)	2mo	$62,000	$47	70
916 Saint John Ave Ave	0.47mi	3/1.0	1,248 (+5%)	4mo	$39,800	$32	66
1431 Moore St	0.30mi	2/1.0 (-1)	1,275 (+7%)	6mo	$38,500	$30	64
235 Bronson Ave	0.40mi	3/2.0	1,104 (-7%)	2mo	$48,000	$43	64
2005 Walnut St	0.54mi	3/1.0	1,251 (+5%)	5mo	$27,000	$22	62
324 E Oakland St	0.64mi	3/1.0	1,229 (+4%)	6mo	$55,000	$45	59
533 Bronson Ave	0.29mi	3/1.0	1,018 (-14%)	6mo	$55,000	$54	58
910 Woodward Ave	0.69mi	3/2.0	1,104 (-7%)	4mo	$34,000	$31	49

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 · 3.89% rent growth · sell at horizon

5-year hold

• IRR: 14.4%
• Equity multiple: 1.58×
• Total profit: $12,112
• Equity at exit: $11,034

10-year hold

• IRR: 23.9%
• Equity multiple: 3.15×
• Total profit: $44,457
• Equity at exit: $6,398

Cash invested: $20,720 (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 43608

• Home prices YoY: -21.3%
• Rents YoY: 3.9%
• Active inventory: 58
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,091 high
• Mortgage (P&I): −$388
• Tax from tax record: −$80 /mo · $961/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$229
• Net cashflow: $363

Break-even live

Break-even rent $632

Max offer price $74,000

Occupancy floor 62%

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: $18,500
• Closing costs: $2,220
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2621 Chestnut St Toledo, OH	3.0	1.0	1444	$1,250	$0.87	43d	1	0.10mi
420 Everett St Toledo, OH	2.0	1.0	1000	$975	$0.97	23d	1	0.18mi
1337 Moore St Toledo, OH	3.0	1.5	1194	$995	$0.83	21d	1	0.21mi
329 Mettler St Toledo, OH	2.0	1.0	908	$975	$1.07	13d	1	0.22mi
227 Everett St Toledo, OH	2.0	1.0	914	$850	$0.93	43d	1	0.31mi
319 Dexter St Toledo, OH	2.0	1.0	990	$1,005	$1.02	43d	1	0.32mi
225 Palmer St Toledo, OH	2.0	1.0	924	$895	$0.97	43d	1	0.33mi
152 Austin St Toledo, OH	4.0	1.5	1370	$1,150	$0.84	23d	1	0.43mi
524 E Hudson St Toledo, OH	2.0	1.0	1050	$825	$0.79	43d	1	0.63mi
524 E Hudson St Toledo, OH	3.0	1.0	1150	$895	$0.78	21d	1	0.63mi
516 E Hudson St Toledo, OH	3.0	1.0	1204	$1,098	$0.91	13d	1	0.63mi
424 E Lake St Toledo, OH	3.0	1.0	1228	$1,075	$0.88	13d	1	0.76mi
710 E Lake St Toledo, OH	3.0	1.0	1242	$1,000	$0.81	13d	1	0.79mi
333 E Lake St Toledo, OH	2.0	1.0	800	$495	$0.62	23d	1	0.82mi
1031 N Michigan St Toledo, OH	3.0	2.0	1488	$1,195	$0.80	23d	1	0.83mi
830 Homer Ave Toledo, OH	3.0	1.0	1208	$895	$0.74	43d	1	0.83mi
59 E Hudson St Toledo, OH	3.0	1.0	1368	$1,100	$0.80	43d	1	0.85mi
405 E Manhattan Blvd Toledo, OH	2.0	1.0	1000	$900	$0.90	13d	1	0.87mi
426 Beacon St Toledo, OH	1.0–2.0	1.0–1.5	809	$882	$1.09	13d	10	0.88mi
31 W Oakland St Toledo, OH	4.0	1.0	1188	$1,249	$1.05	23d	1	0.92mi
630 Mulberry St Toledo, OH	2.0	1.0	1000	$950	$0.95	23d	1	0.97mi
2131 Franklin Ave Toledo, OH	2.0	2.0	1255	$900	$0.72	43d	1	0.98mi
1449 N Huron St Toledo, OH	4.0	2.0	1430	$1,045	$0.73	13d	1	1.03mi
3439 Jeannette Ave Toledo, OH	3.0	1.0	1098	$1,095	$1.00	43d	1	1.07mi
626 Walnut St Toledo, OH	3.0	1.0	1088	$995	$0.91	43d	1	1.08mi
3405 Beaumont Dr Toledo, OH	2.0	1.0	855	$745	$0.87	13d	1	1.09mi
3474 Maher St Toledo, OH	2.0	1.0	736	$1,125	$1.53	43d	1	1.10mi
425 Boston Pl Unit A Toledo, OH	2.0	1.0	1200	$895	$0.75	23d	1	1.11mi
1119 N Summit St Toledo, OH	1.0–2.0	1.0–2.0	1023	$1,750	$1.71	13d	2	1.18mi
1119 N Summit St Toledo, OH	2.0	2.0	1500	$1,890	$1.26	43d	1	1.18mi
1119 N Summit St Toledo, OH	2.0	2.0	1226	$1,750	$1.43	23d	1	1.18mi
401 W Bancroft St Toledo, OH	4.0	1.0	927	$865	$0.93	23d	1	1.25mi
409 W Bancroft St Toledo, OH	2.0	1.0	730	$880	$1.21	43d	1	1.26mi
1951 N Summit St Unit 2 Toledo, OH	2.0	1.0	835	$800	$0.96	43d	1	1.31mi
332 14th St Unit 303 Toledo, OH	3.0	1.5	1040	$1,000	$0.96	43d	1	1.33mi
322 14th St Apt 203 Toledo, OH	3.0	1.5	1065	$1,000	$0.94	13d	1	1.34mi
2907 Rockwood Pl Toledo, OH	3.0	1.0	1494	$1,100	$0.74	13d	1	1.34mi
610 Cadillac Ct Toledo, OH	3.0	1.0	1409	$1,050	$0.75	23d	1	1.38mi
625 Virginia St Toledo, OH	2.0	1.0	1000	$800	$0.80	43d	1	1.42mi
625 Virginia St Toledo, OH	2.0	1.0	1000	$850	$0.85	13d	1	1.42mi

Listing history 29 events

1. 2026-06-18
   days on market $74,000 Active 101 DOM
2. 2026-06-17
   days on market $74,000 Active 100 DOM
3. 2026-06-16
   days on market $74,000 Active 99 DOM
4. 2026-06-15
   days on market $74,000 Active 98 DOM
5. 2026-06-14
   days on market $74,000 Active 96 DOM
6. 2026-06-10
   days on market $74,000 Active 93 DOM
7. 2026-06-09
   days on market $74,000 Active 92 DOM
8. 2026-06-08
   days on market $74,000 Active 91 DOM
9. 2026-06-07
   days on market $74,000 Active 90 DOM
10. 2026-06-05
    days on market $74,000 Active 87 DOM
11. 2026-06-03
    days on market $74,000 Active 86 DOM
12. 2026-06-02
    days on market $74,000 Active 85 DOM
13. 2026-06-01
    days on market $74,000 Active 84 DOM
14. 2026-05-31
    days on market $74,000 Active 83 DOM
15. 2026-05-30
    days on market $74,000 Active 82 DOM
16. 2026-05-06
    price $79,000 495-char remark

    Show marketing remark (495 chars)

    Move-in ready 3-bedroom, 1-bath home featuring a welcoming enclosed front porch and a spacious living room. The fenced backyard offers added privacy and includes two storage sheds for extra storage. A clean basement and built-in shelving throughout the home provide plenty of space for organization. Roof is approximately 2 years old. Whether you?re looking for a comfortable personal residence or a great investment opportunity, this property is ready to start generating cash flow immediately.

17. 2026-04-13
    price $85,000 495-char remark

    Show marketing remark (495 chars)

    Move-in ready 3-bedroom, 1-bath home featuring a welcoming enclosed front porch and a spacious living room. The fenced backyard offers added privacy and includes two storage sheds for extra storage. A clean basement and built-in shelving throughout the home provide plenty of space for organization. Roof is approximately 2 years old. Whether you?re looking for a comfortable personal residence or a great investment opportunity, this property is ready to start generating cash flow immediately.

18. 2026-03-26
    price $89,000 495-char remark

    Show marketing remark (495 chars)

    Move-in ready 3-bedroom, 1-bath home featuring a welcoming enclosed front porch and a spacious living room. The fenced backyard offers added privacy and includes two storage sheds for extra storage. A clean basement and built-in shelving throughout the home provide plenty of space for organization. Roof is approximately 2 years old. Whether you?re looking for a comfortable personal residence or a great investment opportunity, this property is ready to start generating cash flow immediately.

19. 2026-03-09
    listed $95,000 Active 495-char remark

    Show marketing remark (495 chars)

    Move-in ready 3-bedroom, 1-bath home featuring a welcoming enclosed front porch and a spacious living room. The fenced backyard offers added privacy and includes two storage sheds for extra storage. A clean basement and built-in shelving throughout the home provide plenty of space for organization. Roof is approximately 2 years old. Whether you?re looking for a comfortable personal residence or a great investment opportunity, this property is ready to start generating cash flow immediately.

20. 2024-08-07
    soldstatus $109,000
21. 2024-06-28
    historical $1,000
22. 2024-06-26
    listed $1,000
23. 2024-02-25
    historical $1,000
24. 2023-10-27
    listed $1,000
25. 2023-10-18
    soldstatus $55,000
26. 2023-10-12
    price $55,000 412-char remark

    Show marketing remark (412 chars)

    Nothing left to do with this home! It is move-in ready with a large and welcoming enclosed front porch. Spacious living room, 2 sheds out back with a fenced-in yard. Clean basement and built-in shelving on both floors for plenty of storage. This home could also be used as your personal residence or even as a great rental that is ready to rent. Can start cash flowing immediately. Hurry before this one is gone!

27. 2023-10-12
    soldstatus $55,000 Closed 412-char remark

    Show marketing remark (412 chars)

    Nothing left to do with this home! It is move-in ready with a large and welcoming enclosed front porch. Spacious living room, 2 sheds out back with a fenced-in yard. Clean basement and built-in shelving on both floors for plenty of storage. This home could also be used as your personal residence or even as a great rental that is ready to rent. Can start cash flowing immediately. Hurry before this one is gone!

28. 2023-09-24
    historical Contingent 412-char remark

    Show marketing remark (412 chars)

    Nothing left to do with this home! It is move-in ready with a large and welcoming enclosed front porch. Spacious living room, 2 sheds out back with a fenced-in yard. Clean basement and built-in shelving on both floors for plenty of storage. This home could also be used as your personal residence or even as a great rental that is ready to rent. Can start cash flowing immediately. Hurry before this one is gone!

29. 2023-09-19
    listed $49,900 Active 412-char remark

    Show marketing remark (412 chars)

    Nothing left to do with this home! It is move-in ready with a large and welcoming enclosed front porch. Spacious living room, 2 sheds out back with a fenced-in yard. Clean basement and built-in shelving on both floors for plenty of storage. This home could also be used as your personal residence or even as a great rental that is ready to rent. Can start cash flowing immediately. Hurry before this one is gone!

ⓘ 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: $961 · $80/mo
• Projected year-2 tax: $1,058 · $88/mo
• Expected delta: +$97/yr (+$8/mo · 10.1%)

ⓘ 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 ≥100°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: $13,090
• − Mortgage interest: −$4,145
• − Property taxes: −$961
• − Insurance: −$370
• − Repairs & maintenance: −$1,047
• − Management: −$1,047
• − Depreciation: −$2,153
• Taxable income: $3,367
• Est. tax owed @ 24.0%: −$808
• After-tax cash flow: $3,546/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: Toledo City
• NCES district ID: 3904490
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 24% ▼ -13.00%
• Median HH income: $32,137
• Composite: 15.76/100
• National rank: #9276
• State rank: #634 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): 13,593
• Household income: $29,275
• Rent vs Own: 44.6% rent · 55.4% own
• Severe rent burden: 911.0

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: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: Black 57% White 25% Two or more races 9% Hispanic / Latino 8% Asian 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 4% Lithuanian 2% Slovak 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 91% English-only · Spanish 7%

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: ▼ -37.73%
• Current HPI: 139.4964
• Rent YoY: ▲ 3.89%
• 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

+58.3% since first listed

14 events — show timeline

• 2026-05-06 Price Changed $79,000 NORIS
• 2026-04-13 Price Changed $85,000 NORIS
• 2026-03-26 Price Changed $89,000 NORIS
• 2026-03-09 Listed $95,000 NORIS
• 2024-08-07 Sold (Public Records) $109,000 Public Records
• 2024-06-28 Rental Removed $1,000 BUILDIUM
• 2024-06-26 Listed for Rent $1,000 BUILDIUM
• 2024-02-25 Rental Removed $1,000 BUILDIUM
• 2023-10-27 Listed for Rent $1,000 BUILDIUM
• 2023-10-18 Sold (Public Records) $55,000 Public Records
• 2023-10-12 Sold (MLS) $55,000 NORIS
• 2023-10-12 Price Changed $55,000 NORIS
• 2023-09-24 Contingent — NORIS
• 2023-09-19 Listed $49,900 NORIS

Property tax history

+3.9%/yr

Latest (2025): $961 · +28.8% YoY. Source: county tax records.