9300 Heimberger Rd NW · Baltimore, OH 43105

$1

3 bd · 2.5 ba · 2,463 sqft · SingleFamily public records

Built 1971 2.00 ac lot

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SPECTACULAR SETTING! 2 ACRES OF SLOPING ROLLING LAND. IMMACULATE CONDITION! 1 OWNER HOME W/ 4 BEDROOMS & 2.5 BATHS. 4TH BDRM IS IN LOWER LEVEL & COULD BE OFFICE OR 2ND FAMILY ROOM. FRESH PAINT, NEW CARPET & VINYL, NEWER FURNACE & A/C. LIGHT & BRIGHT SUN ROOM! HDWD FLRS. 1ST FLR LAUNDRY. GREAT VIEWS!

Key facts

• 2 acre lot
• 2 garage spots
• Built 1971

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $1.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1).

Location & tenants

• Location reads 70/100 on livability (#462 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• Liberty Union-Thurston Local (town): math 49% / reading 60% proficiency, ranked #359 of 656 in OH (top 55%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 23 active listings in the ZIP; solid renter incomes; 475 units permitted in Fairfield County in 2024 (0 in 5+ unit buildings).
• This rent is only 16% of the median local income ($97k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $0 of loan paydown is wiped out by about $0 of value loss. Plan a longer hold.
• Fairfield County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $0 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 24y 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.

Recommended offer $1

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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 127285.00% ✓
• Cap rate: 1206659.80%
• Cash-on-cash: 4309476.81%
• DSCR: 191748.47
• GRM: 0.0

CMA / ARV

• ARV (on-the-fly): $591,120
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9418 Heimberger Rd NW	0.13mi	4/2.5 (+1)	2,484 (+1%)	14mo	$701,000	$282	76
9583 Snyder Church Rd NW	0.57mi	3/2.0	2,342 (-5%)	24mo	$608,000	$260	44
3358 Reynoldsburg Baltimore Rd NW	0.67mi	3/2.0	2,293 (-7%)	20mo	$549,900	$240	39
9585 Snyder Church Rd NW	0.69mi	4/4.0 (+1)	2,664 (+8%)	8mo	$575,000	$216	37
9820 Heimberger Rd NW	0.53mi	4/2.5 (+1)	2,122 (-14%)	12mo	$358,000	$169	37

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: —
• Equity multiple: 228796.40×
• Total profit: $64,063
• Equity at exit: $0

10-year hold

• IRR: —
• Equity multiple: 494033.72×
• Total profit: $138,329
• Equity at exit: $0

Cash invested: $0 (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 43105

• Home prices YoY: -32.5%
• Active inventory: 23

Monthly cashflow live

• Estimated rent: $1,273 medium
• Mortgage (P&I): −$0
• Tax est. 1.5%: −$0 /mo · $0/yr
• Insurance: −$0
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $1,006

Break-even live

Break-even rent —

Max offer price $1

Occupancy floor 16%

Sensitivity live

Price	-10% $1,006	-5% $1,006	+0% $1,006	+5% $1,006	+10% $1,006
Rent	-10% $905	-5% $955	+0% $1,006	+5% $1,056	+10% $1,106
Rate	-1.0pp $1,006	-0.5pp $1,006	base $1,006	+0.5pp $1,006	+1.0pp $1,006

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: $0
• Closing costs: $0
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2026-06-19
   remarks 392-char remark
2. 2026-06-19
   listed $1 Pending

ⓘ 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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,274
• − Mortgage interest: −$0
• − Property taxes: −$0
• − Insurance: −$0
• − Repairs & maintenance: −$1,222
• − Management: −$1,222
• − Depreciation: −$0
• Taxable income: $12,830
• Est. tax owed @ 24.0%: −$3,079
• After-tax cash flow: $8,987/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: Liberty Union-Thurston Local
• NCES district ID: 3904688
• Math proficiency: 49% ▼ -17.00%
• Reading proficiency: 60% ▼ -10.00%
• Median HH income: $58,102
• Composite: 47.25/100
• National rank: #2309
• State rank: #359 of 656 in OH

Livability — Baltimore

• Score: 70/100
• State rank: #462
• US rank: #7640

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Fairfield · 186,676 people
• Metro: Columbus, OH
• Population (ZIP): 9,059
• Household income: $96,824
• Rent vs Own: 20.7% rent · 79.3% own
• Severe rent burden: 11.3

Population outlook (Fairfield County) Hauer SSP2

• Today (2025): 162,442 people
• By 2030: 166,796 · +2.7%
• By 2040: 172,835 · +6.4%
• By 2050: 174,822 · +7.6%
• By 2075: 174,938 · +7.7%
• By 2100: 160,988 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 4%
• Common ancestry: Italian 3% Romanian 2% Slovak 2%
• Foreign-born: 0%

Political lean MEDSL · Fairfield

• 2024 margin: Strong R (+24.1) · D 37.5% · R 61.6%
• 2008→2024 swing: -6.9pp toward R · 2008: -17.1pp · 2024: -24.1pp
• All cycles: 2024: R+24.1 2020: R+23.5 2016: R+27.0 2012: R+16.1 2008: R+17.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -125.16%
• Current HPI: 259.5541
• 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

+1.3% since first listed

15 events — show timeline

• 2026-06-18 Pending — CBRMLS
• 2026-06-10 Listed $1 CBRMLS
• 2026-06-10 Listing Removed — CBRMLS
• 2005-06-29 Sold (Public Records) $211,600 Public Records
• 2005-06-27 Sold (MLS) $211,600 CBRMLS
• 2005-06-05 Listing Removed — CBRMLS
• 2005-02-03 Listing Removed — CBRMLS
• 2005-02-03 Listed $214,900 CBRMLS
• 2004-10-16 Listed $217,900 CBRMLS
• 2004-10-08 Listing Removed — CBRMLS
• 2004-04-14 Listed $224,900 CBRMLS
• 2003-03-18 Listing Removed — CBRMLS
• 2002-09-16 Listed $205,800 CBRMLS
• 2002-09-10 Listing Removed — CBRMLS
• 2002-03-09 Listed $208,900 CBRMLS

Property tax history

+6.2%/yr

Latest (2025): $4,536 · -6.4% YoY. Source: county tax records.