126 Ohio St · Mingo Junction, OH 43938

$67,900

3 bd · 1.0 ba · 924 sqft · SingleFamily public records · 64 Days on market

Built 1953 4,356 sqft lot $73/sqft · at area comps Est $66k · at est.

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +6.5/15.0
• Schools +4.1/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 3-bedroom, 1-bath home in Mingo Junction, Ohio. Featuring a fresh coat of paint throughout the interior, this residence is move-in ready and full of potential. The covered front porch offers the perfect spot to relax and unwind after a long day. Conveniently located just minutes from State Route 7, this property provides quick access to Franciscan University—only 6.5 miles away—as well as shopping, dining, and local amenities. Whether you’re searching for your first home or looking to downsize, this home is a wonderful opportunity.

Key facts

• Covered front porch
• Fresh coat of paint
• 4,356 sq ft lot

Tags

• COVERED FRONT PORCH
• FRESH COAT OF PAINT
• MINUTES FROM STATE ROUTE 7

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $68k.

Deal economics

• At list price, monthly cash flow is $411 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $68k).
• Recommended offer: $64k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#381 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: commute D, amenities F, employment D-.
• Indian Creek Local (suburban): math 42% / reading 56% proficiency, ranked #455 of 656 in OH (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 17 active listings in the ZIP; 2 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $469 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Jefferson County population projected at -19% 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 $19k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 64 days — a 6% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 21y 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 $3k; list at $68k implies a 1989% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $63,826 (6.0% below list)

Questions for the listing agent

1. It's been on market 64 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 1953 — 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: 1.58% ✓
• Cap rate: 13.56%
• Cash-on-cash: 25.94%
• DSCR: 2.15
• GRM: 5.3

CMA / ARV

• ARV (median comp): $66,476
• List price: $67,900
• Delta: 2.14%
• Verdict: FAIR
• Comps: 16 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.6%
• Equity multiple: 1.80×
• Total profit: $15,169
• Equity at exit: $10,124

10-year hold

• IRR: 27.9%
• Equity multiple: 3.47×
• Total profit: $46,901
• Equity at exit: $5,871

Cash invested: $19,012 (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 43938

• Home prices YoY: -6.0%
• Active inventory: 17
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,075 medium
• Mortgage (P&I): −$356
• Tax from tax record: −$54 /mo · $646/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$226
• Net cashflow: $411

Break-even live

Break-even rent $555

Max offer price $67,900

Occupancy floor 57%

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: $16,975
• Closing costs: $2,037
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-05-31
   statusdays on market $67,900 Pending 64 DOM
2. 2026-03-27
   listed $67,900 Active 584-char remark

   Show marketing remark (584 chars)

   Welcome to this charming 3-bedroom, 1-bath home in Mingo Junction, Ohio. Featuring a fresh coat of paint throughout the interior, this residence is move-in ready and full of potential. The covered front porch offers the perfect spot to relax and unwind after a long day. Conveniently located just minutes from State Route 7, this property provides quick access to Franciscan University—only 6.5 miles away—as well as shopping, dining, and local amenities. Whether you’re searching for your first home or looking to downsize, this home is a wonderful opportunity.

3. 2026-03-16
   historical
4. 2025-12-23
   status Active
5. 2025-12-15
   historical Contingent
6. 2025-11-17
   price $69,900
7. 2025-09-16
   listed $75,000 Active
8. 2025-04-11
   historical $800
9. 2024-12-21
   listed $800
10. 2023-11-04
    historical $700
11. 2023-10-24
    price $700
12. 2023-10-11
    price $750
13. 2023-09-25
    listed $800
14. 2016-09-02
    soldstatus $3,250
15. 2016-05-24
    listed $5,900
16. 2016-05-20
    historical
17. 2015-11-13
    listed $14,900
18. 2006-01-27
    soldstatus $15,500
19. 2005-05-27
    listed $16,800
20. 2000-07-21
    soldstatus $41,000

ⓘ 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: $646 · $54/mo
• Projected year-2 tax: $853 · $71/mo
• Expected delta: +$207/yr (+$17/mo · 32.0%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,899
• − Mortgage interest: −$3,803
• − Property taxes: −$646
• − Insurance: −$340
• − Repairs & maintenance: −$1,032
• − Management: −$1,032
• − Depreciation: −$1,975
• Taxable income: $4,071
• Est. tax owed @ 24.0%: −$977
• After-tax cash flow: $3,955/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: Indian Creek Local
• NCES district ID: 3904780
• Math proficiency: 42% ▼ -24.00%
• Reading proficiency: 56% ▼ -10.00%
• Median HH income: $44,695
• Composite: 41.39/100
• National rank: #3483
• State rank: #455 of 656 in OH

Livability — Mingo Junction

• Score: 72/100
• State rank: #381
• US rank: #6170

Category grades

Amenities F Commute D 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

• County: Jefferson · 64,369 people
• Metro: Weirton-Steubenville, WV-OH
• Population (ZIP): 5,448
• Household income: $57,453
• Rent vs Own: 25.0% rent · 75.0% own
• Severe rent burden: 11.2

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 63,481 people
• By 2030: 61,067 · -3.8%
• By 2040: 55,860 · -12.0%
• By 2050: 51,236 · -19.3%
• By 2075: 41,804 · -34.1%
• By 2100: 32,344 · -49.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 5%
• Common ancestry: Romanian 4% Slovak 1% Italian 1%
• Foreign-born: 1% · Canada

Political lean MEDSL · Jefferson

• 2024 margin: Solid R (+43.9) · D 27.5% · R 71.4% · Other 1.1%
• 2008→2024 swing: -44.1pp toward R · 2008: 0.2pp · 2024: -43.9pp
• All cycles: 2024: R+43.9 2020: R+38.4 2016: R+35.7 2012: R+5.5 2008: D+0.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -11.44%
• Current HPI: 179.3725
• 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

+65.6% since first listed

19 events — show timeline

• 2026-03-27 Listed $67,900 MLSNOW
• 2026-03-16 Listing Removed — MLSNOW
• 2025-12-23 Relisted — MLSNOW
• 2025-12-15 Contingent — MLSNOW
• 2025-11-17 Price Changed $69,900 MLSNOW
• 2025-09-16 Listed $75,000 MLSNOW
• 2025-04-11 Rental Removed $800 APPFOLIO
• 2024-12-21 Listed for Rent $800 APPFOLIO
• 2023-11-04 Rental Removed $700 APPFOLIO
• 2023-10-24 Price Changed $700 APPFOLIO
• 2023-10-11 Price Changed $750 APPFOLIO
• 2023-09-25 Listed for Rent $800 APPFOLIO
• 2016-09-02 Sold (MLS) $3,250 MLSNOW
• 2016-05-24 Listed $5,900 MLSNOW
• 2016-05-20 Listing Removed — MLSNOW
• 2015-11-13 Listed $14,900 MLSNOW
• 2006-01-27 Sold (MLS) $15,500 MLSNOW
• 2005-05-27 Listed $16,800 MLSNOW
• 2000-07-21 Sold (Public Records) $41,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $646 · +0.1% YoY. Source: county tax records.