636 Bowen St · Dayton, OH 45410

$139,900

3 bd · 1.0 ba · 1,610 sqft · SingleFamily public records · 11 Days on market

Built 1920 5,031 sqft lot Est $147k · 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 +15.2/30.0
• ARV discount +9.5/15.0
• Rent growth +5.0/5.0
• DSCR +4.7/10.0
• 1% rule +4.4/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great starter home with room to grow! The lovely home boasts over 1600 sq ft of living space (per Cty records) & beautiful woodwork. As you first approach you'll love the curb appeal & the relaxing front porch. Entering you will be impressed with the large living room with beautiful hardwood floors. The dining room has wonderful charm with classic built-in cabinets and window bench. The kitchen is huge with a surplus of cabinets and counter space. The breakfast area is the perfect spot for your morning coffee to start the day. Upstairs features nice sized bedrooms and updated bath. The home has some wonderful updates: new roof (house AND garage), appliances, kitchen floor, windows (most), light fixtures, ceiling fans, paint and more. The basement has been waterproofed and is great for a play/workout area and storage. The back yard is fenced and very private, perfect for entertaining or relaxing. This home has tons to offer and its ready to go! See it today and make it you

Key facts

• New furnace
• New appliances
• 5,031 sq ft lot

Tags

• NEW FURNACE
• NEW APPLIANCES
• ELECTRICAL PANEL UPGRADE

Property features AI

Finance

• Financial info: Offered for sale

Exterior

• Parking: Attached garage with space for two cars
• Utilities: Public water; Storm sewer; Sewer available; Water available
• Home design: Two-story residence; Residential zoning
• Construction: Vinyl and wood siding
• Exterior features: Fenced yard; Porch

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator
• Bedrooms: Three bedrooms on the second floor (each about 9 x 10)
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Central air conditioning; Forced air heating
• Interior features: Unfinished basement; Porch
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $49 ($591/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 $132k (5.5% below list).
• Recommended offer: $132k (5.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#716 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.
• Dayton City (urban): math 12% / reading 21% proficiency, ranked #641 of 656 in OH (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: River'S Edge Montessori Elementary School (math 22% / reading 32%, grade F, #1,193 of 1,584 statewide, top 76%, 494 students, 0% FRL); Belmont High School (math 5% / reading 20%, grade F, #720 of 781 statewide, top 93%, 1,100 students, 0% FRL) — zoned schools average 0% FRL vs 74% district-wide (74 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+11.4%/yr); 94 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 907 units permitted in Montgomery County in 2024 (416 in 5+ unit buildings).
• This rent runs 34% of the median local income ($47k/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 $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Montgomery County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 13y 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 $75k; list at $140k implies a 86% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $132,190 (5.5% below list)

Questions for the listing agent

1. Built in 1920 — 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. 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?
4. 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?
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: 0.94% ✗
• Cap rate: 6.72%
• Cash-on-cash: 1.51%
• DSCR: 1.07
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $146,510
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
800 Linden Ave	0.22mi	3/1.5	1,472 (-9%)	0mo	$62,500	$42	73
849 Wellmeier Ave	0.33mi	3/2.0	1,453 (-10%)	2mo	$199,000	$137	63
712 Wellmeier Ave	0.28mi	3/1.0	1,390 (-14%)	2mo	$210,000	$151	63
804 Linden Ave	0.22mi	3/2.0	1,395 (-13%)	1mo	$86,000	$62	62
853 Creighton Ave	0.23mi	3/1.0	1,368 (-15%)	2mo	$125,000	$91	62
136 Dover St	0.67mi	3/1.5	1,512 (-6%)	2mo	$92,000	$61	55
1031 Highland Ave	0.44mi	3/2.0	1,828 (+14%)	0mo	$148,000	$81	52
107 Sherman St	0.61mi	3/1.5	1,446 (-10%)	2mo	$73,000	$50	51
55 Illinois Ave	0.61mi	3/1.0	1,408 (-12%)	1mo	$95,000	$67	50
55 Virginia Ave	0.51mi	4/2.5 (+1)	1,757 (+9%)	2mo	$215,000	$122	48
167 Indiana Ave	0.65mi	3/1.5	1,395 (-13%)	2mo	$179,900	$129	44
128 Missouri Ave	0.74mi	3/2.0	1,415 (-12%)	2mo	$165,000	$117	40

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -8.3%
• Equity multiple: 0.68×
• Total profit: $-12,509
• Equity at exit: $20,860

10-year hold

• IRR: 6.9%
• Equity multiple: 1.64×
• Total profit: $25,095
• Equity at exit: $12,096

Cash invested: $39,172 (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 45410

• Home prices YoY: -21.4%
• Rents YoY: 11.4%
• Active inventory: 94
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,322 high
• Mortgage (P&I): −$734
• Tax from tax record: −$203 /mo · $2,437/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $49

Break-even live

Break-even rent $1,260

Max offer price $139,900

Occupancy floor 91%

Sensitivity live

Price	-10% $128	-5% $89	+0% $49	+5% $10	+10% $-30
Rent	-10% $-55	-5% $-3	+0% $49	+5% $101	+10% $154
Rate	-1.0pp $120	-0.5pp $85	base $49	+0.5pp $13	+1.0pp $-24

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
637 Creighton Ave Dayton, OH	3.0	1.0	1144	$1,350	$1.18	16d	1	0.04mi
836 Wellmeier Ave Dayton, OH	4.0	1.0	2148	$1,500	$0.70	5d	1	0.34mi
511 Parrot St Dayton, OH	3.0	1.5	1618	$1,100	$0.68	16d	1	0.38mi
706 Kolping Ave Unit 706 Dayton, OH	3.0	1.5	1172	$1,300	$1.11	4d	1	0.39mi
1515 Wyoming St Dayton, OH	3.0	1.0	1400	$1,000	$0.71	45d	1	0.39mi
1101 Phillips Ave Unit 1101 Dayton, OH	3.0	1.5	1300	$1,450	$1.12	45d	1	0.40mi
854 Santa Cruz Ave Dayton, OH	3.0	1.0	1060	$1,300	$1.23	45d	1	0.41mi
424 Bantz Ct Dayton, OH	3.0	1.0	1192	$1,050	$0.88	5d	1	0.42mi
1411 Wyoming St Dayton, OH	3.0	1.0	1256	$1,095	$0.87	4d	1	0.45mi
1354 Ohmer St Unit 1356C Dayton, OH	2.0	2.0	1200	$900	$0.75	45d	1	0.46mi
115 Livingston Ave Dayton, OH	3.0	1.0	1624	$1,450	$0.89	46d	1	0.46mi
136 Indiana Ave Dayton, OH	3.0	1.0	1194	$1,250	$1.05	25d	1	0.61mi
201 Pleasant Ave Unit 203 Dayton, OH	2.0	1.0	1250	$975	$0.78	25d	1	0.64mi
314 Sheridan Ave Dayton, OH	3.0	1.0	1258	$1,150	$0.91	5d	1	0.64mi
1430 Coventry Rd Dayton, OH	2.0	1.0	1106	$1,125	$1.02	16d	1	0.65mi
31 Bidleman St Dayton, OH	2.0	1.5	1568	$1,100	$0.70	45d	1	0.71mi
20 Lucerne Ave Dayton, OH	3.0	1.0	1378	$1,200	$0.87	45d	1	0.74mi
15 John St Unit 15 Dayton, OH	2.0	1.0	1200	$800	$0.67	25d	1	0.76mi
1020 Walnut Hill Pl Dayton, OH	3.0	1.0	1200	$1,400	$1.17	45d	1	0.78mi
1038 Walnut Hill Pl Dayton, OH	3.0	1.0	1232	$1,095	$0.89	45d	1	0.79mi
2600 Wayne Ave Dayton, OH	4.0	1.5	1328	$1,500	$1.13	25d	1	0.81mi
438 Clover St Dayton, OH	3.0	2.0	2156	$1,025	$0.48	45d	1	0.82mi
313 Illinois Ave Dayton, OH	3.0	1.0	1142	$975	$0.85	5d	1	0.84mi
32 Gebhart St Dayton, OH	4.0	1.0	1800	$1,400	$0.78	16d	1	0.84mi
1520 S Smithville Rd Dayton, OH	3.0	2.0	1481	$1,345	$0.91	4d	1	0.85mi
2114 Wayne Ave Dayton, OH	4.0	2.0	1723	$1,595	$0.93	45d	1	0.89mi
2132 Wayne Ave Dayton, OH	3.0	2.0	1484	$1,350	$0.91	4d	1	0.89mi
1603 Manette Pl Dayton, OH	4.0	2.0	2000	$1,695	$0.85	16d	1	1.00mi
920 E Stewart St Dayton, OH	4.0	1.0	1322	$1,425	$1.08	45d	1	1.00mi
3817 E 5th St Dayton, OH	2.0	1.0	1178	$1,295	$1.10	4d	1	1.05mi
29 N Garfield St Dayton, OH	3.0	1.0	1092	$1,000	$0.92	25d	1	1.06mi
244 Quitman St Unit A Dayton, OH	3.0	1.0	1987	$1,325	$0.67	25d	1	1.07mi
534 Beckman St Dayton, OH	3.0	2.0	1452	$1,400	$0.96	4d	1	1.08mi
2924 E 2nd St Unit 2 Dayton, OH	2.0	1.0	2078	$875	$0.42	25d	1	1.12mi
320 Park Dr Dayton, OH	4.0	3.0	2100	$2,400	$1.14	16d	1	1.15mi
519 Wyoming St Dayton, OH	3.0	1.5	1240	$1,600	$1.29	45d	1	1.15mi
4403 Burkhardt Ave Dayton, OH	3.0	1.0–2.0	800	$1,100	$1.38	4d	1	1.16mi
1659 Hearthstone Dr Dayton, OH	3.0	1.0	1102	$1,195	$1.08	4d	1	1.18mi
3707 E 3rd St Unit 3705 Dayton, OH	3.0	1.0	1410	$1,045	$0.74	25d	1	1.22mi
3719 E 3rd St Unit 3717 Dayton, OH	3.0	1.0	1092	$1,100	$1.01	4d	1	1.23mi

Listing history 16 events

1. 2026-06-13
   statusdays on market $139,900 Pending 11 DOM
2. 2026-06-10
   days on market $139,900 Active 9 DOM
3. 2026-06-09
   days on market $139,900 Active 8 DOM
4. 2026-06-09
   remarks 699-char remark
5. 2026-06-08
   days on market $139,900 Active 7 DOM
6. 2026-06-07
   days on market $139,900 Active 6 DOM
7. 2026-06-05
   remarks 432-char remark
8. 2026-06-05
   status $139,900 Active 3 DOM
9. 2026-05-22
   status Pending
10. 2026-05-17
    listed $139,900 Active
11. 2014-05-21
    soldstatus $75,400
12. 2014-05-16
    soldstatus $75,400 Closed 1000-char remark

    Show marketing remark (1000 chars)

    Great starter home with room to grow! The lovely home boasts over 1600 sq ft of living space (per Cty records) & beautiful woodwork. As you first approach you'll love the curb appeal & the relaxing front porch. Entering you will be impressed with the large living room with beautiful hardwood floors. The dining room has wonderful charm with classic built-in cabinets and window bench. The kitchen is huge with a surplus of cabinets and counter space. The breakfast area is the perfect spot for your morning coffee to start the day. Upstairs features nice sized bedrooms and updated bath. The home has some wonderful updates: new roof (house AND garage), appliances, kitchen floor, windows (most), light fixtures, ceiling fans, paint and more. The basement has been waterproofed and is great for a play/workout area and storage. The back yard is fenced and very private, perfect for entertaining or relaxing. This home has tons to offer and its ready to go! See it today and make it you

13. 2014-05-16
    soldstatus $75,400 1000-char remark

    Show marketing remark (1000 chars)

    Great starter home with room to grow! The lovely home boasts over 1600 sq ft of living space (per Cty records) & beautiful woodwork. As you first approach you'll love the curb appeal & the relaxing front porch. Entering you will be impressed with the large living room with beautiful hardwood floors. The dining room has wonderful charm with classic built-in cabinets and window bench. The kitchen is huge with a surplus of cabinets and counter space. The breakfast area is the perfect spot for your morning coffee to start the day. Upstairs features nice sized bedrooms and updated bath. The home has some wonderful updates: new roof (house AND garage), appliances, kitchen floor, windows (most), light fixtures, ceiling fans, paint and more. The basement has been waterproofed and is great for a play/workout area and storage. The back yard is fenced and very private, perfect for entertaining or relaxing. This home has tons to offer and its ready to go! See it today and make it you

14. 2014-04-18
    historical 1000-char remark

    Show marketing remark (1000 chars)

    Great starter home with room to grow! The lovely home boasts over 1600 sq ft of living space (per Cty records) & beautiful woodwork. As you first approach you'll love the curb appeal & the relaxing front porch. Entering you will be impressed with the large living room with beautiful hardwood floors. The dining room has wonderful charm with classic built-in cabinets and window bench. The kitchen is huge with a surplus of cabinets and counter space. The breakfast area is the perfect spot for your morning coffee to start the day. Upstairs features nice sized bedrooms and updated bath. The home has some wonderful updates: new roof (house AND garage), appliances, kitchen floor, windows (most), light fixtures, ceiling fans, paint and more. The basement has been waterproofed and is great for a play/workout area and storage. The back yard is fenced and very private, perfect for entertaining or relaxing. This home has tons to offer and its ready to go! See it today and make it you

15. 2013-08-12
    listed $75,400 1000-char remark

    Show marketing remark (1000 chars)

    Great starter home with room to grow! The lovely home boasts over 1600 sq ft of living space (per Cty records) & beautiful woodwork. As you first approach you'll love the curb appeal & the relaxing front porch. Entering you will be impressed with the large living room with beautiful hardwood floors. The dining room has wonderful charm with classic built-in cabinets and window bench. The kitchen is huge with a surplus of cabinets and counter space. The breakfast area is the perfect spot for your morning coffee to start the day. Upstairs features nice sized bedrooms and updated bath. The home has some wonderful updates: new roof (house AND garage), appliances, kitchen floor, windows (most), light fixtures, ceiling fans, paint and more. The basement has been waterproofed and is great for a play/workout area and storage. The back yard is fenced and very private, perfect for entertaining or relaxing. This home has tons to offer and its ready to go! See it today and make it you

16. 2004-06-16
    soldstatus $84,500

ⓘ 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: $2,437 · $203/mo
• Projected year-2 tax: $2,437 · $203/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥101°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,863
• − Mortgage interest: −$7,837
• − Property taxes: −$2,437
• − Insurance: −$700
• − Repairs & maintenance: −$1,269
• − Management: −$1,269
• − Depreciation: −$4,070
• Taxable loss: −$1,718
• Est. tax savings @ 24.0%: +$412
• After-tax cash flow: $1,004/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: Dayton City
• NCES district ID: 3904384
• Math proficiency: 12% ▼ -12.00%
• Reading proficiency: 21% ▼ -11.00%
• Median HH income: $28,688
• Composite: 12.94/100
• National rank: #9579
• State rank: #641 of 656 in OH

Livability — Dayton

• Score: 65/100
• State rank: #716
• US rank: #12895

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dayton, OH
• County: Montgomery County · 459,541 people
• City population: 164,387
• Metro: Dayton-Kettering, OH
• Population (ZIP): 14,694
• Household income: $46,651
• Rent vs Own: 50.7% rent · 49.3% own
• Severe rent burden: 961.0

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 523,241 people
• By 2030: 514,948 · -1.6%
• By 2040: 493,378 · -5.7%
• By 2050: 469,639 · -10.2%
• By 2075: 418,360 · -20.0%
• By 2100: 353,315 · -32.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 15% Hispanic / Latino 7% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 2% Iranian 2% Slovak 2%
• Foreign-born: 5% · Canada, United Kingdom
• Languages at home: 91% English-only · Spanish 6% Tagalog/Filipino 1% Other Asian/Pacific 1%

Political lean MEDSL · Montgomery

• 2024 margin: Toss-up / Even · D 49.8% · R 49.3%
• 2008→2024 swing: -5.8pp toward R · 2008: 6.2pp · 2024: 0.5pp
• All cycles: 2024: D+0.5 2020: D+2.2 2016: R+1.2 2012: D+3.1 2008: D+6.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -100.61%
• Current HPI: 369.3938
• Rent YoY: ▲ 11.37%
• Metro: Dayton-Kettering, 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

+65.6% since first listed

8 events — show timeline

• 2026-05-22 Pending — Dayton MLS
• 2026-05-17 Listed $139,900 Dayton MLS
• 2014-05-21 Sold (Public Records) $75,400 Public Records
• 2014-05-16 Sold (MLS) $75,400 Dayton MLS
• 2014-05-16 Sold (MLS) $75,400 Dayton MLS
• 2014-04-18 Listing Removed — Dayton MLS
• 2013-08-12 Listed $75,400 Dayton MLS
• 2004-06-16 Sold (Public Records) $84,500 Public Records

Property tax history

+3.2%/yr

Latest (2025): $2,437 · -0.2% YoY. Source: county tax records.