238 Moore St · East Liverpool, OH 43920

$15,000

2 bd · 1.0 ba · 992 sqft · SingleFamily public records · 162 Days on market

Built 1900 2,400 sqft lot $15/sqft · 62% below area ↓ 17% since listing

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Why this score? — see what drove the D 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.4/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Ranch home with 2 bedrooms and 1 full bath. Property sold as is. No guarantees. No warranties. Must be pre-approved or show proof of funds. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below

Key facts

• 2,400 sq ft lot
• Built 1900
• Listed 162 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $15k.

Deal economics

• At list price, monthly cash flow is $435 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($712 rent vs $15k).
• Recommended offer: $13k (12.0% below list) — sets the bar for market timing.
• Cap rate 41.1% vs local median 9.8% in East Liverpool — 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 67/100 on livability (#613 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment F.
• East Liverpool City (town): math 28% / reading 37% proficiency, ranked #571 of 656 in OH (top 87%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 114 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 49 units permitted in Columbiana County in 2024 (0 in 5+ unit buildings).
• This rent is only 17% of the median local income ($51k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $104 of loan paydown is wiped out by about $450 of value loss. Plan a longer hold.
• Columbiana County population projected at -23% 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 $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 162 days — a 12% lower offer ($13k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $5k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.5% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $13,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 162 days. Have you received any prior offers? Is the seller open to a 12% 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. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 4.75% ✓
• Cap rate: 41.07%
• Cash-on-cash: 124.21%
• DSCR: 6.53
• GRM: 1.8

CMA / ARV

• ARV (median comp): $39,866
• List price: $15,000
• Delta: -62.37%
• 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
812 Chester St	0.51mi	2/1.0	960 (-3%)	14mo	$56,000	$58	59
1211 Cora St	0.52mi	2/1.0	942 (-5%)	12mo	$105,000	$111	58
1234 Sunnyside St	0.48mi	3/1.0 (+1)	924 (-7%)	6mo	$135,800	$147	56
901 Mckinnon Ave	0.67mi	3/2.0 (+1)	988 (-0%)	8mo	$138,000	$140	52
276 Drain St	0.56mi	2/1.0	900 (-9%)	12mo	$15,000	$17	49
946 Bank St	0.58mi	2/1.0	1,136 (+14%)	2mo	$19,000	$17	47
1220 Oakwood St	0.47mi	2/1.0	868 (-12%)	13mo	$100,000	$115	47
1620 Allison St	0.65mi	2/1.5	900 (-9%)	9mo	$148,500	$165	44
7 Washington St	0.71mi	2/1.0	912 (-8%)	13mo	$20,000	$22	42
1623 Allison St	0.63mi	3/2.0 (+1)	1,120 (+13%)	2mo	$61,500	$55	38
1216 Riverview St	0.57mi	2/1.0	858 (-14%)	15mo	$71,000	$83	38
866 Baxter St	0.72mi	2/1.0	1,100 (+11%)	13mo	$155,000	$141	37

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: —
• Equity multiple: 7.02×
• Total profit: $25,283
• Equity at exit: $2,237

10-year hold

• IRR: —
• Equity multiple: 14.76×
• Total profit: $57,774
• Equity at exit: $1,297

Cash invested: $4,200 (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 43920

• Home prices YoY: -29.3%
• Active inventory: 114
• Price-to-rent: 1.8×

Monthly cashflow live

• Estimated rent: $712 medium
• Mortgage (P&I): −$79
• Tax from tax record: −$43 /mo · $519/yr
• Insurance: −$6
• HOA: −$0
• Vacancy / Maint / Mgmt: −$150
• Net cashflow: $435

Break-even live

Break-even rent $162

Max offer price $15,000

Occupancy floor 34%

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: $3,750
• Closing costs: $450
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
707 Saint Clair Ave Unit 06 East Liverpool, OH	2.0	1.0	900	$725	$0.81	44d	1	0.23mi
707 Saint Clair Ave Unit 03 East Liverpool, OH	2.0	1.0	900	$700	$0.78	44d	1	0.23mi

Listing history 7 events

1. 2026-05-08
   status Pending 274-char remark

   Show marketing remark (274 chars)

   Ranch home with 2 bedrooms and 1 full bath. Property sold as is. No guarantees. No warranties. Must be pre-approved or show proof of funds. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below

2. 2026-04-14
   price $15,000 274-char remark

   Show marketing remark (274 chars)

   Ranch home with 2 bedrooms and 1 full bath. Property sold as is. No guarantees. No warranties. Must be pre-approved or show proof of funds. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below

3. 2026-02-24
   status Active 274-char remark

   Show marketing remark (274 chars)

   Ranch home with 2 bedrooms and 1 full bath. Property sold as is. No guarantees. No warranties. Must be pre-approved or show proof of funds. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below

4. 2026-02-24
   price $17,500 274-char remark

   Show marketing remark (274 chars)

   Ranch home with 2 bedrooms and 1 full bath. Property sold as is. No guarantees. No warranties. Must be pre-approved or show proof of funds. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below

5. 2026-02-22
   historical 274-char remark

   Show marketing remark (274 chars)

   Ranch home with 2 bedrooms and 1 full bath. Property sold as is. No guarantees. No warranties. Must be pre-approved or show proof of funds. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below

6. 2025-11-25
   listed $19,900 Active 274-char remark

   Show marketing remark (274 chars)

   Ranch home with 2 bedrooms and 1 full bath. Property sold as is. No guarantees. No warranties. Must be pre-approved or show proof of funds. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below

7. 1995-06-08
   soldstatus $18,000

ⓘ 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: $519 · $43/mo
• Projected year-2 tax: $519 · $43/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 4/10 Moderate 8 d/yr ≥97°F today · 19 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: $8,550
• − Mortgage interest: −$840
• − Property taxes: −$519
• − Insurance: −$75
• − Repairs & maintenance: −$684
• − Management: −$684
• − Depreciation: −$436
• Taxable income: $5,312
• Est. tax owed @ 24.0%: −$1,275
• After-tax cash flow: $3,942/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: East Liverpool City
• NCES district ID: 3904391
• Math proficiency: 28% ▼ -16.00%
• Reading proficiency: 37% ▼ -10.00%
• Median HH income: $34,021
• Composite: 26.72/100
• National rank: #7148
• State rank: #571 of 656 in OH

Livability — East Liverpool

• Score: 67/100
• State rank: #613
• US rank: #10580

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Liverpool, OH
• County: Columbiana · 99,532 people
• Population (ZIP): 21,124
• Household income: $50,820
• Rent vs Own: 31.0% rent · 69.0% own
• Severe rent burden: 12.6

Population outlook (Columbiana County) Hauer SSP2

• Today (2025): 98,353 people
• By 2030: 94,225 · -4.2%
• By 2040: 85,169 · -13.4%
• By 2050: 76,157 · -22.6%
• By 2075: 58,451 · -40.6%
• By 2100: 42,805 · -56.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 6% Black 3% Hispanic / Latino 1%
• Common ancestry: Romanian 2% Slovak 2% Serbian 2%
• Foreign-born: 0%

Political lean MEDSL · Columbiana

• 2024 margin: Solid R (+49.0) · D 25.1% · R 74.1%
• 2008→2024 swing: -41.4pp toward R · 2008: -7.6pp · 2024: -49.0pp
• All cycles: 2024: R+49.0 2020: R+44.9 2016: R+41.6 2012: R+12.0 2008: R+7.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -81.53%
• Current HPI: 196.3908
• 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

-16.7% since first listed

7 events — show timeline

• 2026-05-08 Pending — MLSNOW
• 2026-04-14 Price Changed $15,000 MLSNOW
• 2026-02-24 Relisted — MLSNOW
• 2026-02-24 Price Changed $17,500 MLSNOW
• 2026-02-22 Listing Removed — MLSNOW
• 2025-11-25 Listed $19,900 MLSNOW
• 1995-06-08 Sold (Public Records) $18,000 Public Records

Property tax history

+209.6%/yr

Latest (2025): $519 · -22.6% YoY. Source: county tax records.