0out of 100
Good Deal

5320 East Main Street, Whitehall, OH, USA

Score Breakdown
Value40/40
Cash Flow30/35
Location10/25
$
$250,000
%
$50,000 cash at risk up front
80
5320 East Main Street, Whitehall, OH, USA
3 bd2 ba

Good Deal

80/100

This is a solid deal — priced below the local market with healthy equity after repairs. Watch that the rental yield is thin the neighborhood scores low.

Highlights
  • 33% below area price per sqft
  • $190k potential equity (42%)
  • $159/mo positive cash flow
Watch-outs
  • Cap rate only 4.88%
  • Neighborhood scores 63/100

Price vs. Market

Good
Your offer
$138/sqft
Area avg
$207/sqft
33% below market average
Your offer
$250,000
At market rate
$376,119

ARV Assessment

GoodAI Estimate
ARV Low
$387k
Est. ARV
$440k
ARV High
$497k
Total Investment
$250k
Est. ARV
$440k
Rehab Cost
$6k
Potential Equity
$190k
Comparable Reasoning

Based on 4 recent sales within 0.5 miles, comparable multi-family homes of similar size traded between $387k and $497k. The subject's 1,817 sqft and 3bd/2ba layout supports a midpoint estimate of $440k.

2 more details
Condition Assessment

Property presents in moderate condition. Estimated rehab of $6k covers kitchen, baths, and systems.

Methodology

Sales-comparison approach weighted by recency, proximity, and price-per-sqft, adjusted for condition and lot. Confidence: high.

High confidenceNo photos analyzed
ARV & comps — see the full analysis on Offa

Rental Income

FairLive · 5 comps
25th pct
$1,800
Median /mo
$2,250
75th pct
$2,280
Monthly Rent
$2,250
Annual Rent
$27k
Rental Yield
10.8%
Cap Rate
5.9%
Market Assessment

Median area rent is $2,250/mo based on 5 comps. Standard deviation $504/mo indicates varied pricing in the area.

2 more details
Comparable Reasoning

Based on 5 comparable rentals within 2.0 miles of similar houses, monthly rents range from $1,800 (25th percentile) to $2,280 (75th percentile), with a median of $2,250.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals within 2.0 miles. Standard deviation: $504.

Based on 5 rental comps within 2.0 mi · σ $504
Rental analysis — see the full analysis on Offa

Financing Calculator

Good
Price
$250,000
Loan
$200,000
$50,000
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$1,331/mo
Estimated Rent$2,250/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return12.02%
Total Payment
$1,691/mo
Monthly Cash Flow
+$559/mo
Positive cash flow: $559/mo

Neighborhood Profile

Needs WorkLive Data
CTier
Developing Neighborhood42/100
Composite socioeconomic score
Median Income
$54k
Median Home
$198k
Median Rent
$1,107/mo
Homeownership
40.38%
Vacancy
7.04%
Population
35,912
Score Breakdown
Income & Wealth
38
Housing Market
39
Education
36
Employment
50
Stability
50
Infrastructure
72
Neighborhood data — see the full analysis on Offa

City Population

GoodLive Data
Whitehall, OH
10-year population trend
+8.7% / decade
City Population
19,974
Density / sq mi
3,784
Area (sq mi)
5
Within 1 Mile
19,000
1-Mile Density
6,051
Trend Years
2014–2023

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