339 Westminster Ave · Austintown, OH 44515

$69,990

3 bd · 1.0 ba · 1,414 sqft · SingleFamily public records · 12 Days on market

Built 1948 10,454 sqft lot $49/sqft · 49% below area Est $137k · 49% under

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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 +5.1/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Located in Austintown Township, this 1,400+ sq ft, single-family home offers a practical layout with solid potential. The main floor features two bedrooms, a living room, kitchen, and a full bathroom—providing convenient single-level living. Additional highlights include a full basement for storage or utility use, along with a double garage and additional partial gravel parking area behind the home providing convenient off-street parking and easy access. The home has seen some mechanical updates, including newer windows, furnace, and hot water tank. Property is being sold as-is. All Buyers and Realtors will have to sign & submit a "Hold Harmless" waiver prior to showin

Key facts

• Hot water tank
• Double garage
• Full basement

Tags

• FULL BASEMENT
• DOUBLE GARAGE
• PARTIAL GRAVEL PARKING AREA
• NEWER WINDOWS
• FURNACE
• HOT WATER TANK

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $559 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Cap rate 15.9% vs local median 4.8% in Austintown — 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 73/100 on livability (#322 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A; Watch: amenities F, commute F, employment D-.
• Austintown Local Schools (suburban): math 56% / reading 65% proficiency, ranked #290 of 656 in OH (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 88 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $484 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Mahoning County population projected at -14% 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 $20k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $69,990

Questions for the listing agent

1. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.85% ✓
• Cap rate: 15.88%
• Cash-on-cash: 34.24%
• DSCR: 2.52
• GRM: 4.5

CMA / ARV

• ARV (median comp): $136,742
• List price: $69,990
• Delta: -48.82%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
339 Westminster Ave	0.00mi	3/1.0	1,414 (0%)	0mo	$62,500	$44	100
220 Carnegie Ave	0.23mi	3/1.0	1,600 (+13%)	1mo	$159,900	$100	66
3990 Crum Rd	0.49mi	3/1.0	1,324 (-6%)	2mo	$105,000	$79	64
230 Westminster Ave	0.21mi	3/1.0	1,232 (-13%)	6mo	$135,000	$110	64
4222 Central Ave	0.46mi	2/1.0 (-1)	1,329 (-6%)	1mo	$174,900	$132	63
169 Westminster Ave	0.33mi	3/1.0	1,254 (-11%)	7mo	$137,300	$109	60
208 Roanoke Ave	0.29mi	3/1.0	1,212 (-14%)	6mo	$80,000	$66	57
237 N Main St	0.20mi	3/1.0	1,201 (-15%)	14mo	$98,500	$82	54
47 S Beverly Ave	0.75mi	4/1.0 (+1)	1,403 (-1%)	6mo	$75,000	$53	54
155 N Beverly Ave	0.38mi	4/1.0 (+1)	1,224 (-13%)	4mo	$154,429	$126	52
73 N Edgehill Ave	0.53mi	3/2.0	1,248 (-12%)	0mo	$176,000	$141	52
3915 Mahoning Ave	0.69mi	3/1.5	1,536 (+9%)	3mo	$172,000	$112	49

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: 29.6%
• Equity multiple: 2.24×
• Total profit: $24,285
• Equity at exit: $10,436

10-year hold

• IRR: 37.0%
• Equity multiple: 4.42×
• Total profit: $67,041
• Equity at exit: $6,051

Cash invested: $19,597 (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 44515

• Home prices YoY: -26.4%
• Active inventory: 88
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,295 high
• Mortgage (P&I): −$367
• Tax from tax record: −$68 /mo · $810/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $559

Break-even live

Break-even rent $587

Max offer price $69,990

Occupancy floor 52%

Sensitivity live

Price	-10% $599	-5% $579	+0% $559	+5% $539	+10% $520
Rent	-10% $457	-5% $508	+0% $559	+5% $610	+10% $662
Rate	-1.0pp $594	-0.5pp $577	base $559	+0.5pp $541	+1.0pp $523

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: $17,498
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
155 N Roanoke Ave Youngstown, OH	3.0	1.5	1632	$1,500	$0.92	22d	1	0.37mi
131 N Edgehill Ave Youngstown, OH	3.0	1.0	1200	$1,350	$1.12	22d	1	0.41mi
70 N Raccoon Rd Youngstown, OH	1.0–2.0	1.0	709	$975	$1.38	14d	1	0.71mi
2929 Roy St Youngstown, OH	3.0	1.0	988	$1,100	$1.11	14d	1	1.10mi
2624 Oakwood Ave Unit 2632 Youngstown, OH	3.0	1.0	1064	$850	$0.80	22d	1	1.40mi

Listing history 3 events

1. 2026-05-13
   status Pending 702-char remark
2. 2026-04-30
   listed $69,990 Active 702-char remark
3. 1986-12-10
   soldstatus $45,000

ⓘ 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: $810 · $68/mo
• Projected year-2 tax: $951 · $79/mo
• Expected delta: +$141/yr (+$12/mo · 17.4%)

ⓘ 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 · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,539
• − Mortgage interest: −$3,921
• − Property taxes: −$810
• − Insurance: −$350
• − Repairs & maintenance: −$1,243
• − Management: −$1,243
• − Depreciation: −$2,036
• Taxable income: $5,936
• Est. tax owed @ 24.0%: −$1,425
• After-tax cash flow: $5,286/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: Austintown Local Schools
• NCES district ID: 3904829
• Math proficiency: 56% ▼ -12.00%
• Reading proficiency: 65% ▼ -7.00%
• Median HH income: $45,129
• Composite: 50.99/100
• National rank: #1778
• State rank: #290 of 656 in OH

Livability — Austintown

• Score: 73/100
• State rank: #322
• US rank: #5290

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Austintown, OH
• County: Mahoning · 224,175 people
• City population: 27,740
• Metro: Youngstown-Warren, OH
• Population (ZIP): 27,740
• Household income: $52,831
• Rent vs Own: 34.7% rent · 65.3% own
• Severe rent burden: 10.9

Population outlook (Mahoning County) Hauer SSP2

• Today (2025): 223,932 people
• By 2030: 218,387 · -2.5%
• By 2040: 205,367 · -8.3%
• By 2050: 193,606 · -13.5%
• By 2075: 173,694 · -22.4%
• By 2100: 151,147 · -32.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Black 8% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Romanian 3% Slovak 2% Lithuanian 1%
• Foreign-born: 2%
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Mahoning

• 2024 margin: Lean R (+9.4) · D 44.9% · R 54.4%
• 2008→2024 swing: -36.1pp toward R · 2008: 26.6pp · 2024: -9.4pp
• All cycles: 2024: R+9.4 2020: R+1.9 2016: D+3.0 2012: D+27.7 2008: D+26.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -81.64%
• Current HPI: 228.0895
• 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

+38.9% since first listed

4 events — show timeline

• 2026-06-10 Sold (MLS) $62,500 MLSNOW
• 2026-05-13 Pending — MLSNOW
• 2026-04-30 Listed $69,990 MLSNOW
• 1986-12-10 Sold (Public Records) $45,000 Public Records

Property tax history

-1.1%/yr

Latest (2025): $810 · +75.9% YoY. Source: county tax records.