The owner bought this 1963 home for $395,000 in mid-2022 and is now asking $459,900 after four years, a gain that appears solid on paper but masks a stubborn reality: the property is sitting 50% longer than neighborhood comps and still needs to drop toward $450,700 to work as a rental investment. That slow sale combined with a 16% price increase over four years (roughly 3.8% annually) suggests the owner has been holding at an aspirational price rather than moving it at market pace, which is typical behavior when an owner believes in the property but the rental fundamentals are struggling. The core problem is not the price alone but the tenant pool this property can attract: schools are weak across the board, with the high school rated 1 out of 10, which immediately narrows demand to parents with few educational alternatives or to non-family tenants, and a 4.59% cap rate paired with negative monthly cash flow of $421 means rent barely covers carrying costs even if you negotiate closer to the Prelio recommendation. A 61-year-old structure with no HOA to share maintenance costs creates another headwind: a single major repair (roof, HVAC, foundation) could wipe months of rent, and buyers sensitive to school quality (the largest tenant demographic in most markets) will look elsewhere first. Before offering, get a foundation inspection and a detailed roof assessment, since a 1963 home in this condition and price tier will be carrying significant deferred maintenance that a standard appraisal may not fully surface.