0out of 100
Good Deal

212 Patten St, Marion, OH 43302, USA

Score Breakdown
Value40/40
Cash Flow35/35
Location10/25
$
$88,000
%
$17,600 cash at risk up front
85
212 Patten St, Marion, OH 43302, USA
4 bd1 ba

Good Deal

85/100

This is an excellent deal — priced below the local market with healthy equity after repairs. Watch that the neighborhood scores low.

Highlights
  • 65% below area price per sqft
  • $189k potential equity (118%)
  • $1,268/mo positive cash flow
  • 15.53% cap rate
Watch-outs
  • Neighborhood scores 67/100

Price vs. Market

Good
Your offer
$48/sqft
Area avg
$125/sqft
62% below market average
Your offer
$88,000
At market rate
$228,500

ARV Assessment

GoodLive · LLM + comps
ARV Low
$180k
Est. ARV
$200k
ARV High
$220k
Total Investment
$88k
Est. ARV
$200k
Rehab Cost
$8k
Potential Equity
$112k
Comparable Reasoning

The ARV range after full renovation is estimated between $180,000 and $220,000 based on the highest-quality comps with recent renovations.

2 more details
Condition Assessment

Property presents in cosmetic condition. Estimated rehab of $8k 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
291 Patten St, Marion, OH
95% match
$152,000
$131/sqft
291 Patten St, Marion, OH
3 1 1,1600.11 misold Dec 2025
279 E Fairground St, Marion, OH
90% match
$163,000
$140/sqft
279 E Fairground St, Marion, OH
2 1 1,1680.12 misold May 2026
540 Park St, Marion, OH
85% match
$151,000
$126/sqft
540 Park St, Marion, OH
3 1.5 1,1940.08 misold Sep 2025
684 N State St, Marion, OH
85% match
$136,500
$124/sqft
684 N State St, Marion, OH
3 1 1,1040.16 misold Mar 2019
593 N State St, Marion, OH
80% match
$157,900
$74/sqft
593 N State St, Marion, OH
3 2 2,1360.10 misold Feb 2026
232 Wallace St, Marion, OH
75% match
$57,500
$60/sqft
232 Wallace St, Marion, OH
3 1 9600.06 misold Sep 2025
ARV & comps — see the full analysis on Offa

Rental Income

GoodLive · 2 comps
25th pct
$1,650
Median /mo
$1,690
75th pct
$1,730
Monthly Rent
$1,690
Annual Rent
$20k
Rental Yield
23.1%
Cap Rate
12.7%
Market Assessment

Median area rent is $1,690/mo based on 2 comps. Standard deviation $53/mo indicates consistent pricing in the area.

2 more details
Comparable Reasoning

Based on 2 comparable rentals within 42.0 miles of similar houses, monthly rents range from $1,650 (25th percentile) to $1,730 (75th percentile), with a median of $1,690.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals within 42.0 miles. Standard deviation: $53.

Based on 2 rental comps within 42.0 mi · σ $53
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
$88,000
Loan
$70,400
$17,600
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$442/mo
Estimated Rent$1,690/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return41.85%
Total Payment
$802/mo
Monthly Cash Flow
+$888/mo
Positive cash flow: $888/mo

Neighborhood Profile

Needs WorkLive Data
DTier
Developing Neighborhood38/100
Composite socioeconomic score
Median Income
$54k
Median Home
$140k
Median Rent
$853/mo
Homeownership
64.39%
Vacancy
10.27%
Population
54,581
Score Breakdown
Income & Wealth
38
Housing Market
35
Education
16
Employment
40
Stability
61
Infrastructure
70
Neighborhood data — see the full analysis on Offa

City Population

Needs WorkLive Data
Marion, OH
10-year population trend
-2.8% / decade
City Population
35,771
Density / sq mi
2,759
Area (sq mi)
13
Within 1 Mile
6,000
1-Mile Density
1,911
Trend Years
2014–2023

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