370 Elm St · Struthers, OH 44471

$119,900

3 bd · 1.5 ba · 1,246 sqft · SingleFamily public records · 44 Days on market

Built 1915 8,015 sqft lot $96/sqft · 17% above area Est $127k · 5% under

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Why this score? — see what drove the C+ 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 +22.6/30.0
• ARV discount +9.9/15.0
• DSCR +7.2/10.0
• 1% rule +5.4/10.0
• Schools +4.0/10.0
• Livability +3.6/5.0
• Appreciation +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Start your homeownership journey with space, comfort, and value. This well-kept 4 bedroom Colonial in Struthers offers 1,540 sq ft of living area, giving first-time buyers room to grow without stretching the budget. The main floor features a bright living room, a dining room with charming built ins, and an eat-in kitchen with durable ceramic flooring — all easy to maintain and ready for everyday living. Upstairs, you’ll find three bedrooms and a full bath, plus a bonus third floor bedroom perfect for a home office, gaming room, or guest space. A full basement provides storage and laundry, and the detached 2 car garage adds convenience rarely found at this price point. Enjoy rela

Key facts

• 8,015 sq ft lot
• 2 garage spots
• Built 1915

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $204 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $116k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 6.4% in Struthers — 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 71/100 on livability (#418 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: commute C-, amenities F, employment F.
• Struthers City (suburban): math 45% / reading 52% proficiency, ranked #475 of 656 in OH (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 67 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 $829 of loan paydown is wiped out by about $4k 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.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 33y 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 $35k; list at $120k implies a 243% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $116,303 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-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?
5. 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.
6. 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.
7. 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: 1.04% ✓
• Cap rate: 8.34%
• Cash-on-cash: 7.30%
• DSCR: 1.32
• GRM: 8.0

CMA / ARV

• ARV (median comp): $126,650
• List price: $119,900
• Delta: -5.33%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
281 Sexton St	0.18mi	3/1.0	1,248 (+0%)	1mo	$175,000	$140	89
537 7th St	0.14mi	3/1.0	1,280 (+3%)	3mo	$153,500	$120	85
417 9th St	0.43mi	3/1.0	1,260 (+1%)	2mo	$93,000	$74	75
261 Sexton St	0.20mi	3/1.0	1,100 (-12%)	2mo	$135,500	$123	67
457 Sexton St	0.24mi	2/1.0 (-1)	1,100 (-12%)	2mo	$127,500	$116	61
227 E Wilson St	0.46mi	3/1.0	1,365 (+10%)	1mo	$187,000	$137	60
511 Edison St	0.58mi	3/2.0	1,120 (-10%)	1mo	$214,000	$191	53
178 Como St	0.59mi	3/2.0	1,400 (+12%)	0mo	$221,500	$158	50
587 Edison St	0.67mi	2/2.0 (-1)	1,163 (-7%)	2mo	$160,000	$138	49
42 E Wilson St	0.72mi	3/2.0	1,409 (+13%)	2mo	$155,000	$110	41
173 Poland Ave	0.69mi	2/1.0 (-1)	1,104 (-11%)	2mo	$53,000	$48	40
226 Helena Dr	0.65mi	4/2.0 (+1)	1,080 (-13%)	2mo	$172,000	$159	39

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: -5.1%
• Equity multiple: 0.81×
• Total profit: $-6,429
• Equity at exit: $17,877

10-year hold

• IRR: 4.5%
• Equity multiple: 1.33×
• Total profit: $11,106
• Equity at exit: $10,367

Cash invested: $33,572 (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 44471

• Home prices YoY: -1.5%
• Active inventory: 67
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,242 high
• Mortgage (P&I): −$629
• Tax from tax record: −$98 /mo · $1,180/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $204

Break-even live

Break-even rent $984

Max offer price $119,900

Occupancy floor 79%

Sensitivity live

Price	-10% $272	-5% $238	+0% $204	+5% $170	+10% $136
Rent	-10% $106	-5% $155	+0% $204	+5% $253	+10% $302
Rate	-1.0pp $265	-0.5pp $235	base $204	+0.5pp $173	+1.0pp $142

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2523 E Midlothian Blvd Apt 5 Struthers, OH	2.0	1.0	750	$800	$1.07	14d	1	0.37mi
610 Elm St Struthers, OH	3.0	1.0	1050	$1,500	$1.43	14d	1	0.43mi
1914 S Heights Ave Youngstown, OH	3.0	1.0	1115	$1,950	$1.75	44d	1	0.88mi
1803 Pointview Ave Youngstown, OH	2.0	1.0	950	$1,000	$1.05	44d	1	0.98mi
3446 Ambert Ave Youngstown, OH	4.0	1.0	1100	$1,250	$1.14	14d	1	1.18mi
240 Center St #3 Struthers, OH	2.0	1.0	855	$600	$0.70	14d	1	1.35mi

Listing history 30 events

1. 2026-06-21
   days on market $119,900 Active 44 DOM
2. 2026-06-19
   days on market $119,900 Active 42 DOM
3. 2026-06-18
   days on market $119,900 Active 41 DOM
4. 2026-06-17
   days on market $119,900 Active 40 DOM
5. 2026-06-16
   days on market $119,900 Active 39 DOM
6. 2026-06-15
   days on market $119,900 Active 38 DOM
7. 2026-06-14
   days on market $119,900 Active 36 DOM
8. 2026-06-13
   days on market $119,900 Active 35 DOM
9. 2026-06-10
   days on market $119,900 Active 33 DOM
10. 2026-06-09
    days on market $119,900 Active 32 DOM
11. 2026-06-08
    days on market $119,900 Active 31 DOM
12. 2026-06-07
    days on market $119,900 Active 30 DOM
13. 2026-06-03
    days on market $119,900 Active 26 DOM
14. 2026-06-02
    days on market $119,900 Active 25 DOM
15. 2026-06-01
    days on market $119,900 Active 24 DOM
16. 2026-05-31
    days on market $119,900 Active 23 DOM
17. 2026-05-30
    days on market $119,900 Active 22 DOM
18. 2026-05-07
    listed $119,900 Active 1065-char remark
19. 2018-08-01
    historical
20. 2018-07-16
    status Active
21. 2018-07-15
    historical
22. 2018-06-05
    status Active
23. 2018-06-05
    historical
24. 2018-05-30
    price $55,500
25. 2018-01-23
    listed $59,900 Active
26. 2015-08-28
    historical
27. 2015-08-14
    listed $69,900 Active
28. 1994-04-15
    historical
29. 1993-04-15
    listed $51,900
30. 1984-01-01
    soldstatus $35,000

ⓘ 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: $1,180 · $98/mo
• Projected year-2 tax: $1,525 · $127/mo
• Expected delta: +$345/yr (+$29/mo · 29.2%)

ⓘ 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 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,908
• − Mortgage interest: −$6,716
• − Property taxes: −$1,180
• − Insurance: −$600
• − Repairs & maintenance: −$1,193
• − Management: −$1,193
• − Depreciation: −$3,488
• Taxable income: $538
• Est. tax owed @ 24.0%: −$129
• After-tax cash flow: $2,323/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: Struthers City
• NCES district ID: 3904485
• Math proficiency: 45% ▼ -12.00%
• Reading proficiency: 52% ▼ -8.00%
• Median HH income: $37,753
• Composite: 40.35/100
• National rank: #3742
• State rank: #475 of 656 in OH

Livability — Struthers

• Score: 71/100
• State rank: #418
• US rank: #6867

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Struthers, OH
• County: Mahoning · 224,175 people
• City population: 10,296
• Metro: Youngstown-Warren, OH
• Population (ZIP): 10,296
• Household income: $52,811
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 12.2

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 (82%)
• Race & ethnicity: White 82% Hispanic / Latino 8% Two or more races 8% Black 4% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5%
• Common ancestry: Romanian 8% Lithuanian 4% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · Spanish 4% Arabic 1% 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: ▼ -4.12%
• Current HPI: 274.6394
• 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

+242.6% since first listed

13 events — show timeline

• 2026-05-07 Listed $119,900 MLSNOW
• 2018-08-01 Listing Removed — MLSNOW
• 2018-07-16 Relisted — MLSNOW
• 2018-07-15 Listing Removed — MLSNOW
• 2018-06-05 Relisted — MLSNOW
• 2018-06-05 Listing Removed — MLSNOW
• 2018-05-30 Price Changed $55,500 MLSNOW
• 2018-01-23 Listed $59,900 MLSNOW
• 2015-08-28 Listing Removed — MLSNOW
• 2015-08-14 Listed $69,900 MLSNOW
• 1994-04-15 Listing Removed — MLSNOW
• 1993-04-15 Listed $51,900 MLSNOW
• 1984-01-01 Sold (Public Records) $35,000 Public Records

Property tax history

+2.9%/yr

Latest (2025): $1,180 · -0.0% YoY. Source: county tax records.