3443 Sheridan Rd · Youngstown, OH 44502

$59,900

2 bd · 1.0 ba · 982 sqft · SingleFamily public records · 8 Days on market

Built 1922 6,011 sqft lot Est $104k · 42% under

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Why this score? — see what drove the A- 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
• Appreciation +5.9/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0

Listing remarks

INVESTOR alert! Don't miss this fantastic opportunity to add to your portfolio. This property offers great potential for rental income, future appreciation, or renovation upside. With strong investment possibilities and plenty of opportunity to build equity, this is a property worth a closer look. Schedule your showing today and explore the potential for yourself! All utilities are OFF. Sold AS-IS.

Key facts

• 6,011 sq ft lot
• Parking
• Built 1922

Property features AI

Finance

• Financial info: Annual tax amount listed (amount not included per instructions)

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Two-story house; Above-grade living area approximately 982 (source: assessor)
• Construction: Aluminum siding; Asphalt roof; Built (year source: public records)
• Exterior features: Covered patio/porch; Deck; Front porch

Interior

• Bedrooms: 6 total rooms (includes all living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced-air heating (gas)
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $521 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).
• Cap rate 16.7% vs local median 7.0% in Youngstown — 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 81/100 on livability (#99 in OH, #1,506 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
• Youngstown City (urban): math 8% / reading 17% proficiency, ranked #649 of 656 in OH (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 88% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 45 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).
• This rent runs 43% of the median local income ($31k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $1k of equity ($414 loan paydown + $1k appreciation (1.8% local appreciation)).
• Mahoning County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.8% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 32y ago; this cycle's ask has dropped $5k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $20k; list at $60k implies a 207% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1922 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $59,900

Questions for the listing agent

1. Built in 1922 — 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.88% ✓
• Cap rate: 16.73%
• Cash-on-cash: 37.28%
• DSCR: 2.66
• GRM: 4.4

CMA / ARV

• ARV (on-the-fly): $104,092
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3332 Sheridan Rd	0.12mi	2/1.0	924 (-6%)	3mo	$56,005	$61	82
3222 Sheridan Rd	0.28mi	3/1.0 (+1)	1,008 (+3%)	6mo	$110,000	$109	72
2692 Taft Ave	0.53mi	3/1.0 (+1)	990 (+1%)	3mo	$30,000	$30	66
1321 Detroit Ave	0.53mi	3/2.0 (+1)	1,001 (+2%)	2mo	$60,000	$60	62
3449 Wayside Dr	0.22mi	3/2.0 (+1)	964 (-2%)	20mo	$105,000	$109	61
3437 Wayside Dr	0.22mi	3/1.5 (+1)	936 (-5%)	18mo	$95,500	$102	60
2510 E Midlothian Blvd	0.66mi	2/2.0	1,016 (+4%)	3mo	$107,500	$106	57
2675 Hunter Ave	0.58mi	2/1.0	1,020 (+4%)	12mo	$58,000	$57	56
1665 Everett Ave	0.52mi	2/1.0	952 (-3%)	20mo	$125,000	$131	54
1641 Medford Ave	0.66mi	3/1.0 (+1)	1,040 (+6%)	10mo	$115,500	$111	46
1146 Detroit Ave	0.59mi	3/2.0 (+1)	1,042 (+6%)	12mo	$115,360	$111	43
1914 S Heights	0.33mi	3/1.0 (+1)	1,115 (+14%)	17mo	$36,000	$32	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.78% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 41.0%
• Equity multiple: 3.18×
• Total profit: $36,607
• Equity at exit: $22,906

10-year hold

• IRR: 42.1%
• Equity multiple: 6.29×
• Total profit: $88,756
• Equity at exit: $32,439

Cash invested: $16,772 (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 44502

• Home prices YoY: 0.7%
• Active inventory: 45
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,128 high
• Mortgage (P&I): −$314
• Tax from tax record: −$31 /mo · $367/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $521

Break-even live

Break-even rent $468

Max offer price $59,900

Occupancy floor 49%

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: $14,975
• Closing costs: $1,797
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1803 Pointview Ave Youngstown, OH	2.0	1.0	950	$1,000	$1.05	43d	1	0.32mi
1914 S Heights Ave Youngstown, OH	3.0	1.0	1115	$1,950	$1.75	43d	1	0.36mi
61 Crescent Dr Struthers, OH	2.0	1.0	670	$650	$0.97	13d	1	0.61mi
2002 Brownlee Ave Youngstown, OH	1.0	1.0	820	$875	$1.07	43d	1	0.70mi
2523 E Midlothian Blvd Apt 5 Struthers, OH	2.0	1.0	750	$800	$1.07	13d	1	0.77mi
610 Elm St Struthers, OH	3.0	1.0	1050	$1,500	$1.43	13d	1	0.88mi
834 E Midlothian Blvd Youngstown, OH	1.0	1.0	708	$750	$1.06	13d	1	1.08mi

Listing history 9 events

1. 2026-06-19
   days on market $59,900 Active 8 DOM
2. 2026-06-18
   days on market $59,900 Active 7 DOM
3. 2026-06-18
   price $59,900 Active 6 DOM
4. 2026-06-17
   days on market $65,000 Active 6 DOM
5. 2026-06-16
   days on market $65,000 Active 5 DOM
6. 2026-06-15
   days on market $65,000 Active 4 DOM
7. 2026-06-14
   days on market $65,000 Active 2 DOM
8. 2026-06-13
   remarks 401-char remark
9. 2026-06-13
   listed $65,000 Active 1 DOM

ⓘ 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: $367 · $31/mo
• Projected year-2 tax: $651 · $54/mo
• Expected delta: +$284/yr (+$24/mo · 77.2%)

ⓘ 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 · 17 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: $13,530
• − Mortgage interest: −$3,355
• − Property taxes: −$367
• − Insurance: −$300
• − Repairs & maintenance: −$1,082
• − Management: −$1,082
• − Depreciation: −$1,743
• Taxable income: $5,601
• Est. tax owed @ 24.0%: −$1,344
• After-tax cash flow: $4,909/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: Youngstown City
• NCES district ID: 3904516
• Math proficiency: 8% ▼ -15.00%
• Reading proficiency: 17% ▼ -10.00%
• Median HH income: $25,257
• Composite: 9.29/100
• National rank: #9858
• State rank: #649 of 656 in OH

Livability — Youngstown

• Score: 81/100
• State rank: #99
• US rank: #1506

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Youngstown, OH
• County: Mahoning County · 84,956 people
• City population: 28,503
• Metro: Youngstown-Warren-Boardman, OH-PA
• Population (ZIP): 9,594
• Household income: $31,170
• Rent vs Own: 51.2% rent · 48.8% own
• Severe rent burden: 566.0

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: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 44% Black 35% Two or more races 12% Hispanic / Latino 11%
• Hispanic origin (detail): Mexican 1% Puerto Rican 9%
• Common ancestry: Romanian 2% Serbian 1% Iranian 1%
• Foreign-born: 4% · Canada
• Languages at home: 91% English-only · Spanish 6% Other Indo-European 1% Arabic 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: ▲ 1.78%
• Current HPI: 246.2163
• Rent YoY: —
• Metro: Youngstown-Warren-Boardman, OH-PA
• 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

+233.3% since first listed

8 events — show timeline

• 2026-06-11 Listed $65,000 MLSNOW
• 2005-02-28 Listing Removed — MLSNOW
• 2004-08-12 Listed $39,900 MLSNOW
• 2004-05-18 Listing Removed — MLSNOW
• 2004-03-18 Listed $43,500 MLSNOW
• 2001-06-27 Listed $9,900 MLSNOW
• 1994-07-01 Listed $29,900 MLSNOW
• 1984-05-01 Sold (Public Records) $19,500 Public Records

Property tax history

-0.9%/yr

Latest (2025): $367 · -11.8% YoY. Source: county tax records.