1402 E Wheeling Ave · Cambridge, OH 43725

$129,900

3 bd · 1.0 ba · 1,023 sqft · SingleFamily public records · 13 Days on market

Built 1942 1.19 ac lot Est $147k · 12% under

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Why this score? — see what drove the F 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).

• ARV discount +12.8/15.0
• Cash flow +7.5/30.0
• Livability +3.4/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.6/10.0
• 1% rule +1.3/10.0
• Appreciation +0.0/10.0

Key facts

• 1.19 acre lot
• Parking
• Built 1942

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Single-family property; Above-grade living area 1,608 (source: assessor)
• Construction: Built (year source: public records); Lap siding exterior; Asphalt/fiberglass roof
• Exterior features: Lot of about 1.193 acres

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced air gas heating; Ceiling fans; Window AC units
• Interior features: Full, unfinished basement
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $-160 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $102k (21.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $82k (37.1% below list).
• Recommended offer: $82k (37.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#579 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities D-, commute F, employment D-.
• Cambridge City (town): math 28% / reading 42% proficiency, ranked #565 of 656 in OH (top 86%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 90 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 37 units permitted in Guernsey County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Guernsey County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 12y 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.

Risks & watch-outs

• Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $81,688 (37.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1942 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.63% ✗
• Cap rate: 4.81%
• Cash-on-cash: -5.29%
• DSCR: 0.76
• GRM: 13.3

CMA / ARV

• ARV (on-the-fly): $147,312
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
338 Woodlawn Ave	0.50mi	3/1.5	1,000 (-2%)	2mo	$179,900	$180	70
2312 Eastmoor	0.64mi	3/1.5	1,008 (-2%)	2mo	$150,000	$149	64
2059 Sarchet Ave	0.51mi	2/1.5 (-1)	1,036 (+1%)	6mo	$95,000	$92	62
410 N 15th St	0.25mi	2/1.0 (-1)	1,152 (+13%)	1mo	$150,000	$130	61
1407 Elm St	0.59mi	2/1.0 (-1)	988 (-3%)	1mo	$117,500	$119	61
708 N 16th St	0.44mi	2/1.5 (-1)	988 (-3%)	8mo	$166,200	$168	60
502 N 13th St	0.43mi	3/1.0	935 (-9%)	10mo	$135,000	$144	57
1707 Clairmont Ave	0.59mi	3/1.5	1,134 (+11%)	9mo	$173,000	$153	45
818 Highland	0.53mi	2/1.0 (-1)	1,148 (+12%)	6mo	$72,000	$63	45
1117 Hayes Ave	0.49mi	3/1.5	1,156 (+13%)	11mo	$65,000	$56	44
17 Grandview Rd	0.71mi	3/2.0	1,140 (+11%)	1mo	$260,000	$228	43
2037 North Ave	0.55mi	2/1.0 (-1)	1,166 (+14%)	6mo	$41,000	$35	41

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: -25.4%
• Equity multiple: 0.14×
• Total profit: $-31,313
• Equity at exit: $19,369

10-year hold

• IRR: -21.7%
• Equity multiple: -0.12×
• Total profit: $-40,605
• Equity at exit: $11,231

Cash invested: $36,372 (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 43725

• Active inventory: 90
• Price-to-rent: 13.3×

Monthly cashflow live

• Estimated rent: $817 medium
• Mortgage (P&I): −$681
• Tax from tax record: −$70 /mo · $845/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$172
• Net cashflow: $-160

Break-even live

Break-even rent $1,020

Max offer price $101,556

Occupancy floor —

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
304 Dewey Ave Cambridge, OH	2.0	1.0	728	$900	$1.24	43d	1	1.18mi
1525 Wills Creek Valley Dr Cambridge, OH	1.0–2.0	1.0	765	$719	$0.94	43d	1	1.46mi

Listing history 10 events

1. 2026-06-18
   days on market $129,900 Active 13 DOM
2. 2026-06-17
   days on market $129,900 Active 12 DOM
3. 2026-06-16
   days on market $129,900 Active 11 DOM
4. 2026-06-15
   days on market $129,900 Active 10 DOM
5. 2026-06-13
   days on market $129,900 Active 8 DOM
6. 2026-06-12
   days on market $129,900 Active 7 DOM
7. 2026-06-09
   days on market $129,900 Active 4 DOM
8. 2026-06-08
   days on market $129,900 Active 3 DOM
9. 2026-06-07
   days on market $129,900 Active 2 DOM
10. 2026-06-07
    listed $129,900 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: $845 · $70/mo
• Projected year-2 tax: $1,436 · $120/mo
• Expected delta: +$591/yr (+$49/mo · 69.9%)

ⓘ 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 ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,803
• − Mortgage interest: −$7,276
• − Property taxes: −$845
• − Insurance: −$650
• − Repairs & maintenance: −$784
• − Management: −$784
• − Depreciation: −$3,779
• Taxable loss: −$4,316
• Est. tax savings @ 24.0%: +$1,036
• After-tax cash flow: $-890/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: Cambridge City
• NCES district ID: 3904369
• Math proficiency: 28% ▼ -28.00%
• Reading proficiency: 42% ▼ -17.00%
• Median HH income: $33,874
• Composite: 28.76/100
• National rank: #6673
• State rank: #565 of 656 in OH

Livability — Cambridge

• Score: 68/100
• State rank: #579
• US rank: #9829

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cambridge, OH
• County: Guernsey · 34,843 people
• Population (ZIP): 19,728
• Household income: $51,612
• Rent vs Own: 34.7% rent · 65.3% own
• Severe rent burden: 12.5

Population outlook (Guernsey County) Hauer SSP2

• Today (2025): 37,281 people
• By 2030: 35,900 · -3.7%
• By 2040: 32,861 · -11.9%
• By 2050: 29,700 · -20.3%
• By 2075: 22,199 · -40.5%
• By 2100: 15,192 · -59.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 4% Black 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 3% Slovak 2% Serbian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% German/W. Germanic 1%

Political lean MEDSL · Guernsey

• 2024 margin: Solid R (+52.1) · D 23.6% · R 75.7%
• 2008→2024 swing: -43.0pp toward R · 2008: -9.1pp · 2024: -52.1pp
• All cycles: 2024: R+52.1 2020: R+48.4 2016: R+42.6 2012: R+9.7 2008: R+9.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -167.03%
• Current HPI: 197.722
• 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

+8.7% since first listed

5 events — show timeline

• 2026-06-04 Listed $129,900 MLSNOW
• 2016-06-05 Listing Removed — MLSNOW
• 2014-11-24 Listed $88,500 MLSNOW
• 2014-11-10 Listing Removed — MLSNOW
• 2014-06-05 Listed $119,500 MLSNOW

Property tax history

+11.3%/yr

Latest (2025): $845 · +0.6% YoY. Source: county tax records.