0out of 100
Excellent

14 Elizabeth St, Delaware, OH 43015, USA

Score Breakdown
Value40/40
Cash Flow35/35
Location18/25
$
$185,000
%
$37,000 cash at risk up front
93
14 Elizabeth St, Delaware, OH 43015, USA
3 bd2 ba

Excellent

93/100

This is an excellent deal — priced below the local market with healthy equity after repairs. The fundamentals line up well across the board.

Highlights
  • 51% below area price per sqft
  • $203k potential equity (60%)
  • $1,051/mo positive cash flow
  • 8.35% cap rate
  • Strong neighborhood (78/100)
Watch-outs
  • No major red flags detected

Price vs. Market

Good
Your offer
$86/sqft
Area avg
$166/sqft
48% below market average
Your offer
$185,000
At market rate
$355,904

ARV Assessment

GoodLive · LLM + comps
ARV Low
$185k
Est. ARV
$230k
ARV High
$290k
Total Investment
$185k
Est. ARV
$230k
Rehab Cost
$4k
Potential Equity
$45k
Comparable Reasoning

After full renovation, the ARV for the subject property is estimated to range between $185,000 and $290,000 based on comparable sales in the area.

2 more details
Condition Assessment

Property presents in cosmetic condition. Estimated rehab of $4k covers paint, flooring, and fixtures.

Methodology

Sales-comparison approach using 6 live sold comps from Realtor.com (filtered from 10 candidates), evaluated by LLM for proximity, recency, and renovation quality.

High confidence6 live sold comps

Comparable Sales

6 comps
190 W William St, Delaware, OH
85% match
$270,000
$174/sqft
190 W William St, Delaware, OH
3 1.5 1,5550.02 misold Dec 2021
167 W Central Ave, Delaware, OH
83% match
$272,000
$158/sqft
167 W Central Ave, Delaware, OH
3 2 1,7260.14 misold Feb 2022
297 W William St, Delaware, OH
79% match
$435,000
$132/sqft
297 W William St, Delaware, OH
4 3 3,2960.18 misold Sep 2020
15 Woodland Ave, Delaware, OH
78% match
$461,000
$193/sqft
15 Woodland Ave, Delaware, OH
3 2 2,3870.23 misold Apr 2023
351 W William St, Delaware, OH
75% match
$285,000
$181/sqft
351 W William St, Delaware, OH
4 2 1,5760.29 misold Jun 2025
322 W William St, Delaware, OH
74% match
$274,900
$159/sqft
322 W William St, Delaware, OH
4 2 1,7290.23 misold May 2026
ARV & comps — see the full analysis on Offa

Rental Income

GoodLive · 50 comps
25th pct
$1,790
Median /mo
$2,210
75th pct
$2,880
Monthly Rent
$2,210
Annual Rent
$27k
Rental Yield
14.3%
Cap Rate
7.9%
Market Assessment

Median area rent is $2,210/mo based on 50 comps. Standard deviation $785/mo indicates varied pricing in the area.

2 more details
Comparable Reasoning

Based on 50 comparable rentals within 24.0 miles of similar houses, monthly rents range from $1,790 (25th percentile) to $2,880 (75th percentile), with a median of $2,210.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals within 24.0 miles. Standard deviation: $785.

Based on 50 rental comps within 24.0 mi · σ $785
Rental analysis — see the full analysis on Offa

Financing Calculator

GoodLive rate · Freddie Mac
Using the current 6.43% 30-yr fixed national average (as of 2026-07-02). Adjust below to match your quote.
Price
$185,000
Loan
$148,000
$37,000
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$929/mo
Estimated Rent$2,210/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return26.91%
Total Payment
$1,289/mo
Monthly Cash Flow
+$921/mo
Positive cash flow: $921/mo

Neighborhood Profile

GoodLive Data
BTier
Strong Neighborhood70/100
Composite socioeconomic score
Median Income
$100k
Median Home
$312k
Median Rent
$1,207/mo
Homeownership
69.65%
Vacancy
4.72%
Population
59,027
Score Breakdown
Income & Wealth
76
Housing Market
62
Education
77
Employment
80
Stability
59
Infrastructure
87
Neighborhood data — see the full analysis on Offa

City Population

GoodLive Data
Delaware, OH
10-year population trend
+19.3% / decade
City Population
43,168
Density / sq mi
2,133
Area (sq mi)
20
Within 1 Mile
14,000
1-Mile Density
4,459
Trend Years
2014–2023

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