30 Branch St · Delaware, OH 43015

$199,900

3 bd · 1.0 ba · 899 sqft · SingleFamily public records · 50 Days on market

Built 1901 6,534 sqft lot $222/sqft · 5% below area Est $211k · 5% under

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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 +11.8/30.0
• ARV discount +9.9/15.0
• Schools +4.7/10.0
• Livability +4.0/5.0
• DSCR +3.5/10.0
• Rent growth +2.9/5.0
• 1% rule +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 30 Branch Street--a darling, recently updated home perfectly positioned in one of Delaware's most exciting and evolving pockets. Just minutes from Historic Downtown Delaware, this home offers the ideal blend of charm, convenience, and future upside. Step inside to find thoughtful updates that create a fresh, inviting feel while still honoring the home's original character. Light-filled living spaces flow effortlessly, making everyday living and entertaining feel easy and natural. Whether you're enjoying a quiet morning at home or hosting friends before heading out, this layout lives comfortably and intentionally. Location is everything--and this one delivers. You're just around the corner from local favorites like Sand Bar Station, plus moments from the momentum building along the Lake Street development corridor--bringing new energy, investment, and opportunity to the area. Whether you're a first-time buyer, investor, or someone looking to be close to the heartbeat of Delaware, 30 Branch Street is a rare find that combines lifestyle, location, and long-term value. Convenient first floor laundry with updated bathroom vanity & flooring. Brand new refrigerator & electric range. Spacious, fenced in backyard with covered porch and opportunity to add shed and/or garage with long driveway for easy parking. Don't miss your chance to own a piece of a neighborhood on the rise. HVAC (2015), Gas Water Heater (2019), updated windows (2021) and brand new vanity, flooring and carpet just installed. Do not miss this darling gem!

Key facts

• Covered porch
• First floor laundry
• Long driveway

Tags

• LIGHT FILLED LIVING SPACES
• FIRST FLOOR LAUNDRY
• UPDATED BATHROOM VANITY
• SPACIOUS FENCED IN BACKYARD
• COVERED PORCH
• LONG DRIVEWAY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-53 ($-640/yr) — negative.
• To cash-flow at today's rent, offer at most $190k (4.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $156k (21.7% below list).
• Recommended offer: $156k (21.7% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 2.6% in Delaware — 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 80/100 on livability (#116 in OH, #1,717 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, schools A; Watch: amenities C-, commute F.
• Delaware City (suburban): math 47% / reading 63% proficiency, ranked #355 of 656 in OH (top 54%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.4%/yr); 503 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,233 units permitted in Delaware County in 2024 (304 in 5+ unit buildings).
• This rent is only 18% of the median local income ($105k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Delaware County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 22y ago; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $140k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1901 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $156,490 (21.7% 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. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. Built in 1901 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-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?
6. 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?
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: 0.78% ✗
• Cap rate: 5.97%
• Cash-on-cash: -1.14%
• DSCR: 0.95
• GRM: 10.6

CMA / ARV

• ARV (median comp): $211,381
• List price: $199,900
• Delta: -5.43%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
21 Baywood Dr	0.27mi	3/1.0	912 (+1%)	4mo	$256,000	$281	82
102 Potter St	0.14mi	3/1.0	961 (+7%)	3mo	$125,000	$130	80
87 Deerfield Pl	0.30mi	3/1.0	936 (+4%)	2mo	$248,000	$265	78
123 Deerfield Pl	0.28mi	3/1.0	936 (+4%)	4mo	$223,000	$238	77
54 Baywood Dr	0.27mi	2/1.0 (-1)	936 (+4%)	1mo	$225,000	$240	75
16 Deerfield Pl	0.34mi	3/1.0	950 (+6%)	1mo	$125,000	$132	74
88 Joy Ave	0.34mi	3/1.0	875 (-3%)	8mo	$220,000	$251	73
149 E Central Ave	0.33mi	3/1.0	936 (+4%)	10mo	$201,000	$215	69
34 Deerfield Pl	0.33mi	3/1.0	925 (+3%)	22mo	$210,000	$227	62
116 Flintwood Dr	0.16mi	3/1.0	999 (+11%)	15mo	$251,000	$251	62
59 Wilder St	0.28mi	2/1.0 (-1)	1,026 (+14%)	7mo	$185,000	$180	53
38 Willow St	0.34mi	2/1.0 (-1)	783 (-13%)	12mo	$189,900	$243	47

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 · 1.42% rent growth · sell at horizon

5-year hold

• IRR: -19.9%
• Equity multiple: 0.32×
• Total profit: $-38,273
• Equity at exit: $29,806

10-year hold

• IRR: -16.3%
• Equity multiple: 0.15×
• Total profit: $-47,573
• Equity at exit: $17,284

Cash invested: $55,972 (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 43015

• Rents YoY: 1.4%
• Active inventory: 503
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,565 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$158 /mo · $1,896/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$329
• Net cashflow: $-53

Break-even live

Break-even rent $1,632

Max offer price $190,474

Occupancy floor 98%

Sensitivity live

Price	-10% $60	-5% $3	+0% $-53	+5% $-110	+10% $-167
Rent	-10% $-177	-5% $-115	+0% $-53	+5% $8	+10% $70
Rate	-1.0pp $47	-0.5pp $-3	base $-53	+0.5pp $-105	+1.0pp $-158

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
236 E William St Unit 2 Delaware, OH	2.0	1.0	916	$1,047	$1.14	44d	1	0.28mi
35 Flax St Delaware, OH	2.0	1.0–2.0	822	$1,985	$2.41	5d	16	0.37mi
1 Mossy Grove LN Delaware, OH	1.0–3.0	1.0–2.5	1022	$2,250	$2.20	2d	47	0.43mi
166 N Sandusky St Unit A Delaware, OH	2.0	1.0	900	$1,350	$1.50	44d	1	0.65mi
200 Hayes St Delaware, OH	2.0	1.5	973	$1,075	$1.10	12d	10	0.69mi
1 Village Gate Blvd Delaware, OH	1.0–2.0	1.0–2.5	935	$1,525	$1.63	2d	9	0.74mi
189 Park Ave Delaware, OH	2.0	1.5	960	$1,250	$1.30	45d	1	1.19mi
247 S Liberty St Unit 7 Delaware, OH	2.0	1.0	750	$999	$1.33	44d	1	1.21mi
253 S Liberty St Delaware, OH	2.0	1.0	1100	$1,099	$1.00	44d	1	1.22mi
1 Kerry Park Cir Delaware, OH	1.0–2.0	1.0–2.0	819	$1,395	$1.70	2d	1	1.28mi
159 London Rd Delaware, OH	2.0	1.0	800	$995	$1.24	44d	1	1.36mi
159 London Rd Delaware, OH	2.0	1.0	800	$995	$1.24	21d	1	1.36mi
58 David St Delaware, OH	2.0	1.0	1000	$1,295	$1.29	5d	1	1.46mi

Listing history 35 events

1. 2026-06-21
   days on market $199,900 Active 50 DOM
2. 2026-06-18
   days on market $199,900 Active 47 DOM
3. 2026-06-17
   days on market $199,900 Active 46 DOM
4. 2026-06-16
   days on market $199,900 Active 45 DOM
5. 2026-06-15
   days on market $199,900 Active 44 DOM
6. 2026-06-13
   days on market $199,900 Active 42 DOM
7. 2026-06-09
   days on market $199,900 Active 38 DOM
8. 2026-06-08
   days on market $199,900 Active 37 DOM
9. 2026-06-07
   days on market $199,900 Active 36 DOM
10. 2026-06-03
    days on market $199,900 Active 32 DOM
11. 2026-06-02
    days on market $199,900 Active 31 DOM
12. 2026-06-01
    days on market $199,900 Active 30 DOM
13. 2026-05-31
    days on market $199,900 Active 29 DOM
14. 2026-05-14
    price $199,900 1562-char remark

    Show marketing remark (1562 chars)

    Welcome to 30 Branch Street--a darling, recently updated home perfectly positioned in one of Delaware's most exciting and evolving pockets. Just minutes from Historic Downtown Delaware, this home offers the ideal blend of charm, convenience, and future upside. Step inside to find thoughtful updates that create a fresh, inviting feel while still honoring the home's original character. Light-filled living spaces flow effortlessly, making everyday living and entertaining feel easy and natural. Whether you're enjoying a quiet morning at home or hosting friends before heading out, this layout lives comfortably and intentionally. Location is everything--and this one delivers. You're just around the corner from local favorites like Sand Bar Station, plus moments from the momentum building along the Lake Street development corridor--bringing new energy, investment, and opportunity to the area. Whether you're a first-time buyer, investor, or someone looking to be close to the heartbeat of Delaware, 30 Branch Street is a rare find that combines lifestyle, location, and long-term value. Convenient first floor laundry with updated bathroom vanity & flooring. Brand new refrigerator & electric range. Spacious, fenced in backyard with covered porch and opportunity to add shed and/or garage with long driveway for easy parking. Don't miss your chance to own a piece of a neighborhood on the rise. HVAC (2015), Gas Water Heater (2019), updated windows (2021) and brand new vanity, flooring and carpet just installed. Do not miss this darling gem!

15. 2026-05-02
    listed $214,900 Active 1562-char remark

    Show marketing remark (1562 chars)

    Welcome to 30 Branch Street--a darling, recently updated home perfectly positioned in one of Delaware's most exciting and evolving pockets. Just minutes from Historic Downtown Delaware, this home offers the ideal blend of charm, convenience, and future upside. Step inside to find thoughtful updates that create a fresh, inviting feel while still honoring the home's original character. Light-filled living spaces flow effortlessly, making everyday living and entertaining feel easy and natural. Whether you're enjoying a quiet morning at home or hosting friends before heading out, this layout lives comfortably and intentionally. Location is everything--and this one delivers. You're just around the corner from local favorites like Sand Bar Station, plus moments from the momentum building along the Lake Street development corridor--bringing new energy, investment, and opportunity to the area. Whether you're a first-time buyer, investor, or someone looking to be close to the heartbeat of Delaware, 30 Branch Street is a rare find that combines lifestyle, location, and long-term value. Convenient first floor laundry with updated bathroom vanity & flooring. Brand new refrigerator & electric range. Spacious, fenced in backyard with covered porch and opportunity to add shed and/or garage with long driveway for easy parking. Don't miss your chance to own a piece of a neighborhood on the rise. HVAC (2015), Gas Water Heater (2019), updated windows (2021) and brand new vanity, flooring and carpet just installed. Do not miss this darling gem!

16. 2021-06-29
    soldstatus $140,000
17. 2021-06-28
    soldstatus $140,000 Closed 413-char remark

    Show marketing remark (413 chars)

    Crisp and clean and ready for someone new to love! Almost 1300sf of living space. Great curb appeal, ; light & bright on inside. All new carpet and vinyl planking downstairs, new lighting downstairs, freshly painted. Loft area upstairs could be used as a 4th bedroom (has a closet). Nice patio surrounded by privacy fencing and big enough for outside entertaining/kids/dogs. HVAC 2015, Gas Water Heater 2019

18. 2021-06-24
    status Pending 413-char remark

    Show marketing remark (413 chars)

    Crisp and clean and ready for someone new to love! Almost 1300sf of living space. Great curb appeal, ; light & bright on inside. All new carpet and vinyl planking downstairs, new lighting downstairs, freshly painted. Loft area upstairs could be used as a 4th bedroom (has a closet). Nice patio surrounded by privacy fencing and big enough for outside entertaining/kids/dogs. HVAC 2015, Gas Water Heater 2019

19. 2021-06-21
    historical Contingent Finance and Inspection 413-char remark

    Show marketing remark (413 chars)

    Crisp and clean and ready for someone new to love! Almost 1300sf of living space. Great curb appeal, ; light & bright on inside. All new carpet and vinyl planking downstairs, new lighting downstairs, freshly painted. Loft area upstairs could be used as a 4th bedroom (has a closet). Nice patio surrounded by privacy fencing and big enough for outside entertaining/kids/dogs. HVAC 2015, Gas Water Heater 2019

20. 2021-06-17
    listed $140,000 Active 413-char remark

    Show marketing remark (413 chars)

    Crisp and clean and ready for someone new to love! Almost 1300sf of living space. Great curb appeal, ; light & bright on inside. All new carpet and vinyl planking downstairs, new lighting downstairs, freshly painted. Loft area upstairs could be used as a 4th bedroom (has a closet). Nice patio surrounded by privacy fencing and big enough for outside entertaining/kids/dogs. HVAC 2015, Gas Water Heater 2019

21. 2015-09-18
    soldstatus $75,000
22. 2015-09-03
    soldstatus $75,000 Closed
23. 2015-07-30
    historical Contingent Finance and Inspection
24. 2015-07-28
    price $74,900
25. 2015-07-20
    status Active
26. 2015-07-09
    historical Contingent Finance and Inspection
27. 2015-05-18
    listed $79,900 Active
28. 2007-11-15
    historical
29. 2007-10-07
    listed $39,900
30. 2005-03-25
    soldstatus $81,000
31. 2005-03-16
    soldstatus $81,000
32. 2005-02-22
    historical
33. 2004-12-06
    listed $79,999
34. 1988-07-01
    soldstatus $25,900
35. 1986-03-18
    soldstatus $20,000

ⓘ 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: $1,896 · $158/mo
• Projected year-2 tax: $2,507 · $209/mo
• Expected delta: +$611/yr (+$51/mo · 32.2%)

ⓘ 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 · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,779
• − Mortgage interest: −$11,198
• − Property taxes: −$1,896
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,502
• − Management: −$1,502
• − Depreciation: −$5,815
• Taxable loss: −$4,135
• Est. tax savings @ 24.0%: +$992
• After-tax cash flow: $352/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: Delaware City
• NCES district ID: 3904387
• Math proficiency: 47% ▼ -24.00%
• Reading proficiency: 63% ▼ -7.00%
• Median HH income: $55,434
• Composite: 47.39/100
• National rank: #2288
• State rank: #355 of 656 in OH

Livability — Delaware

• Score: 80/100
• State rank: #116
• US rank: #1717

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Delaware, OH
• County: Delaware County · 203,207 people
• City population: 61,401
• Metro: Columbus, OH
• Population (ZIP): 61,401
• Household income: $105,322
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 965.0

Population outlook (Delaware County) Hauer SSP2

• Today (2025): 230,854 people
• By 2030: 249,294 · +8.0%
• By 2040: 284,223 · +23.1%
• By 2050: 315,314 · +36.6%
• By 2075: 379,462 · +64.4%
• By 2100: 403,158 · +74.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 7% Hispanic / Latino 5% Asian 5% Black 4%
• Common ancestry: Italian 3% Slovak 3% Romanian 2%
• Foreign-born: 5% · Canada, China, Vietnam
• Languages at home: 93% English-only · Spanish 2% Other Asian/Pacific 1% Other Indo-European 1%

Political lean MEDSL · Delaware

• 2024 margin: Lean R (+6.6) · D 46.2% · R 52.8%
• 2008→2024 swing: +13.0pp toward D · 2008: -19.6pp · 2024: -6.6pp
• All cycles: 2024: R+6.6 2020: R+6.8 2016: R+16.1 2012: R+23.7 2008: R+19.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -398.47%
• Current HPI: 233.0634
• Rent YoY: ▲ 1.42%
• Metro: Columbus, 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

+899.5% since first listed

22 events — show timeline

• 2026-05-14 Price Changed $199,900 CBRMLS
• 2026-05-02 Listed $214,900 CBRMLS
• 2021-06-29 Sold (Public Records) $140,000 Public Records
• 2021-06-28 Sold (MLS) $140,000 CBRMLS
• 2021-06-24 Pending — CBRMLS
• 2021-06-21 Contingent — CBRMLS
• 2021-06-17 Listed $140,000 CBRMLS
• 2015-09-18 Sold (Public Records) $75,000 Public Records
• 2015-09-03 Sold (MLS) $75,000 CBRMLS
• 2015-07-30 Contingent — CBRMLS
• 2015-07-28 Price Changed $74,900 CBRMLS
• 2015-07-20 Relisted — CBRMLS
• 2015-07-09 Contingent — CBRMLS
• 2015-05-18 Listed $79,900 CBRMLS
• 2007-11-15 Listing Removed — CBRMLS
• 2007-10-07 Listed $39,900 CBRMLS
• 2005-03-25 Sold (Public Records) $81,000 Public Records
• 2005-03-16 Sold (MLS) $81,000 CBRMLS
• 2005-02-22 Listing Removed — CBRMLS
• 2004-12-06 Listed $79,999 CBRMLS
• 1988-07-01 Sold (Public Records) $25,900 Public Records
• 1986-03-18 Sold (Public Records) $20,000 Public Records

Property tax history

+2.0%/yr

Latest (2025): $1,896 · +5.1% YoY. Source: county tax records.