323 W Liberty · Hubbard, OH 44425

$79,900

4 bd · 2.0 ba · 1,984 sqft · SingleFamily public records · 90 Days on market

Built 1900 0.32 ac lot $40/sqft · 35% below area Est $123k · 35% under

---

Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.8/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Prime Commercial property. Use as a duplex, single family or business. Newer roof. Generously sized rooms. Located in the heart of Hubbard.

Key facts

• Newer roof
• 0.32 acre lot
• Parking

Tags

• NEWER ROOF

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $501 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $75k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.8% vs local median 3.3% in Hubbard — 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 70/100 on livability (#473 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A-; Watch: amenities F, commute F, health & safety F.
• Hubbard Exempted Village (suburban): math 54% / reading 60% proficiency, ranked #346 of 656 in OH (top 53%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 62 active listings in the ZIP; 129 units permitted in Trumbull County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Trumbull County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 90 days — a 6% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $31k; list at $80k implies a 161% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $75,106 (6.0% below list)

Questions for the listing agent

1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
7. 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.
8. 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: 1.74% ✓
• Cap rate: 13.82%
• Cash-on-cash: 26.88%
• DSCR: 2.20
• GRM: 4.8

CMA / ARV

• ARV (median comp): $122,983
• List price: $79,900
• Delta: -35.03%
• Verdict: UNDERPRICED
• Comps: 10 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
351 Center St	0.30mi	3/2.0 (-1)	1,824 (-8%)	6mo	$159,000	$87	63
444 Grandview Ave SE	0.59mi	3/2.0 (-1)	1,880 (-5%)	1mo	$289,900	$154	58
100 Forest Hill Dr	0.68mi	3/2.5 (-1)	2,044 (+3%)	1mo	$445,000	$218	56
559 Jackson St	0.45mi	3/2.0 (-1)	1,782 (-10%)	2mo	$213,000	$120	56
959 Dogwood Dr	0.64mi	3/2.5 (-1)	1,988 (+0%)	9mo	$269,900	$136	55
836 School St	0.47mi	5/1.5 (+1)	2,182 (+10%)	4mo	$126,500	$58	51
312 W Park Ave	0.38mi	4/2.5	1,696 (-14%)	7mo	$175,000	$103	50
191 Maple Leaf Dr	0.67mi	4/2.5	2,136 (+8%)	8mo	$440,000	$206	47
652 Meadowland Dr	0.66mi	3/1.5 (-1)	1,860 (-6%)	8mo	$205,000	$110	45
134 Buckeye Dr	0.74mi	4/2.5	1,784 (-10%)	9mo	$270,000	$151	39
1009 Palmetto Dr	0.68mi	4/3.0	2,200 (+11%)	10mo	$339,900	$155	38
231 Princeton Ave	0.75mi	4/2.0	1,729 (-13%)	16mo	$160,000	$93	30

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.8%
• Equity multiple: 1.85×
• Total profit: $19,013
• Equity at exit: $11,913

10-year hold

• IRR: 29.0%
• Equity multiple: 3.59×
• Total profit: $57,844
• Equity at exit: $6,908

Cash invested: $22,372 (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 44425

• Home prices YoY: -25.2%
• Active inventory: 62
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,389 medium
• Mortgage (P&I): −$419
• Tax from tax record: −$144 /mo · $1,728/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $501

Break-even live

Break-even rent $755

Max offer price $79,900

Occupancy floor 59%

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Listing history 33 events

1. 2026-06-19
   days on market $79,900 Active 90 DOM
2. 2026-06-18
   days on market $79,900 Active 89 DOM
3. 2026-06-17
   days on market $79,900 Active 88 DOM
4. 2026-06-16
   days on market $79,900 Active 87 DOM
5. 2026-06-15
   days on market $79,900 Active 86 DOM
6. 2026-06-14
   days on market $79,900 Active 84 DOM
7. 2026-06-13
   days on market $79,900 Active 83 DOM
8. 2026-06-10
   days on market $79,900 Active 81 DOM
9. 2026-06-09
   days on market $79,900 Active 80 DOM
10. 2026-06-08
    days on market $79,900 Active 79 DOM
11. 2026-06-07
    days on market $79,900 Active 78 DOM
12. 2026-06-05
    days on market $79,900 Active 75 DOM
13. 2026-06-02
    days on market $79,900 Active 73 DOM
14. 2026-06-01
    days on market $79,900 Active 72 DOM
15. 2026-05-31
    days on market $79,900 Active 71 DOM
16. 2026-05-30
    days on market $79,900 Active 70 DOM
17. 2026-03-20
    listed $79,900 Active 139-char remark

    Show marketing remark (139 chars)

    Prime Commercial property. Use as a duplex, single family or business. Newer roof. Generously sized rooms. Located in the heart of Hubbard.

18. 2025-11-27
    historical
19. 2025-05-27
    listed $89,900 Active
20. 2024-09-07
    historical
21. 2024-02-07
    listed $99,000 Active
22. 2022-10-20
    historical
23. 2022-09-20
    price $87,000
24. 2022-04-20
    listed $99,900 Active
25. 2019-06-13
    status Pending
26. 2019-05-10
    status Pending
27. 2019-05-10
    historical
28. 2019-04-13
    listed $38,900 Active
29. 2004-09-04
    historical
30. 2004-07-06
    listed $76,900
31. 2004-03-27
    historical
32. 2003-04-17
    listed $76,900
33. 1990-01-12
    soldstatus $30,600

ⓘ 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: $1,728 · $144/mo
• Projected year-2 tax: $1,728 · $144/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,669
• − Mortgage interest: −$4,476
• − Property taxes: −$1,728
• − Insurance: −$400
• − Repairs & maintenance: −$1,333
• − Management: −$1,333
• − Depreciation: −$2,324
• Taxable income: $5,074
• Est. tax owed @ 24.0%: −$1,218
• After-tax cash flow: $4,795/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: Hubbard Exempted Village
• NCES district ID: 3904542
• Math proficiency: 54% ▼ -19.00%
• Reading proficiency: 60% ▼ -12.00%
• Median HH income: $45,623
• Composite: 48.15/100
• National rank: #2179
• State rank: #346 of 656 in OH

Livability — Hubbard

• Score: 70/100
• State rank: #473
• US rank: #7892

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hubbard, OH
• County: Trumbull · 193,293 people
• City population: 13,329
• Metro: Youngstown-Warren, OH
• Population (ZIP): 13,329
• Household income: $62,287
• Rent vs Own: 18.6% rent · 81.4% own
• Severe rent burden: 11.1

Population outlook (Trumbull County) Hauer SSP2

• Today (2025): 191,696 people
• By 2030: 184,015 · -4.0%
• By 2040: 166,810 · -13.0%
• By 2050: 149,857 · -21.8%
• By 2075: 115,769 · -39.6%
• By 2100: 83,617 · -56.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Hispanic / Latino 3% Black 3% Two or more races 2%
• Common ancestry: Romanian 4% Slovak 2% Scandinavian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 1%

Political lean MEDSL · Trumbull

• 2024 margin: R (+16.8) · D 41.2% · R 58.0%
• 2008→2024 swing: -39.2pp toward R · 2008: 22.4pp · 2024: -16.8pp
• All cycles: 2024: R+16.8 2020: R+10.6 2016: R+6.4 2012: D+22.2 2008: D+22.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.06%
• Current HPI: 201.5984
• Rent YoY: —
• Metro: —
• 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

+161.1% since first listed

17 events — show timeline

• 2026-03-20 Listed $79,900 MLSNOW
• 2025-11-27 Listing Removed — MLSNOW
• 2025-05-27 Listed $89,900 MLSNOW
• 2024-09-07 Listing Removed — MLSNOW
• 2024-02-07 Listed $99,000 MLSNOW
• 2022-10-20 Listing Removed — MLSNOW
• 2022-09-20 Price Changed $87,000 MLSNOW
• 2022-04-20 Listed $99,900 MLSNOW
• 2019-06-13 Pending — MLSNOW
• 2019-05-10 Pending — MLSNOW
• 2019-05-10 Listing Removed — MLSNOW
• 2019-04-13 Listed $38,900 MLSNOW
• 2004-09-04 Listing Removed — MLSNOW
• 2004-07-06 Listed $76,900 MLSNOW
• 2004-03-27 Listing Removed — MLSNOW
• 2003-04-17 Listed $76,900 MLSNOW
• 1990-01-12 Sold (Public Records) $30,600 Public Records

Property tax history

+2.5%/yr

Latest (2025): $1,728 · +1.8% YoY. Source: county tax records.