1842 Coronado Ave · Youngstown, OH 44504

$139,900

3 bd · 1.5 ba · 1,976 sqft · SingleFamily public records · 30 Days on market

Built 1947 7,492 sqft lot Est $158k · 12% under

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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).

• ARV discount +12.7/15.0
• Cash flow +9.0/30.0
• Appreciation +8.4/10.0
• Livability +4.0/5.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• Schools +0.9/10.0

Listing remarks MLS

Immaculate home! Brick 2 story, 4 bedroom home featuring marble fireplace in living room, new Lennox Elite furnace and central air in 2004, hot water tank 2 years old, and glass block windows in full basement. Cedar closet in bedroom and 1.5 baths. Hardwood floors throughout home with most rooms carpeted. You must see this quality built home. Home is eligible for down payment assistance through YNDC's Healthy Homeownership Program. Call for details.

Key facts

• Formal dining room
• Cozy fireplace
• 7,492 sq ft lot

Tags

• 5TH AVENUE HISTORICAL DISTRICT
• FORMAL DINING ROOM
• COZY FIREPLACE
• BONUS RECREATION ROOM

Property features AI

Exterior

• Parking: Concrete parking surface
• Utilities: Public water; Public sewer
• Home design: Two-story home; Brick construction; Asphalt roof
• Construction: Built as recorded in public records; Brick construction; Asphalt roof; Full basement
• Exterior features: Shed(s)

Interior

• Bedrooms: Three bedrooms (all on second level)
• Flooring: Carpet in one bedroom; Wood flooring in two bedrooms
• Bathrooms: One full bathroom; One half bathroom; One main-level bathroom
• Heating & cooling: Central air conditioning; Forced air heating (gas)
• Interior features: Full basement; Updated/remodeled condition; One fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $-110 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $120k (13.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $103k (26.3% below list).
• Recommended offer: $103k (26.3% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 7.0% in Youngstown — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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: 28 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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 31% of the median local income ($40k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $10k of equity ($967 loan paydown + $9k appreciation (6.7% local appreciation)).
• Mahoning County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 4, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 17y 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 $51k; list at $140k implies a 174% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $103,088 (26.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1947 — 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. 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?
5. 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?
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: 0.74% ✗
• Cap rate: 5.35%
• Cash-on-cash: -3.37%
• DSCR: 0.85
• GRM: 11.3

CMA / ARV

• ARV (on-the-fly): $158,080
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
435 Catalina Ave	0.29mi	4/1.5 (+1)	2,000 (+1%)	3mo	$155,000	$78	77
280 Upland Ave	0.40mi	4/1.5 (+1)	1,960 (-1%)	3mo	$95,000	$48	72
495 Madera Ave	0.27mi	3/2.0	1,868 (-6%)	10mo	$176,000	$94	68
156 Halleck St	0.57mi	4/1.0 (+1)	1,936 (-2%)	2mo	$72,000	$37	62
244 Outlook Ave	0.47mi	4/2.0 (+1)	2,114 (+7%)	1mo	$112,500	$53	58
232 Upland Ave	0.45mi	3/1.5	1,814 (-8%)	12mo	$159,900	$88	55
1960 Guadalupe Ave	0.30mi	3/3.5	2,052 (+4%)	23mo	$181,000	$88	52
487 Carlotta Dr	0.30mi	3/2.5	1,711 (-13%)	11mo	$145,000	$85	50
3001 Dade Ave	0.69mi	3/2.5	1,977 (+0%)	22mo	$208,000	$105	45
211 Outlook Ave	0.50mi	3/1.0	1,742 (-12%)	12mo	$138,900	$80	45
2510 Elm St	0.56mi	4/1.5 (+1)	2,086 (+6%)	19mo	$112,500	$54	43
2131 Elm St	0.51mi	3/1.0	1,696 (-14%)	15mo	$89,900	$53	38

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

Projected returns pro-forma

6.72% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.4%
• Equity multiple: 2.01×
• Total profit: $39,440
• Equity at exit: $94,409

10-year hold

• IRR: 14.5%
• Equity multiple: 4.07×
• Total profit: $120,151
• Equity at exit: $177,083

Cash invested: $39,172 (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 44504

• Home prices YoY: 4.0%
• Active inventory: 28
• Price-to-rent: 11.3×

Monthly cashflow live

• Estimated rent: $1,031 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$133 /mo · $1,591/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$216
• Net cashflow: $-110

Break-even live

Break-even rent $1,170

Max offer price $120,439

Occupancy floor —

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
465 Gypsy Ln Youngstown, OH	2.0	1.0–2.0	1060	$920	$0.87	13d	1	0.37mi
465 Gypsy Ln Youngstown, OH	2.0	2.0	1320	$1,120	$0.85	43d	1	0.42mi
176 Upland Ave Unit 1 Youngstown, OH	4.0	2.0	1300	$1,225	$0.94	43d	1	0.64mi
351 Lincoln Ave Youngstown, OH	3.0–5.0	3.0–5.0	1527	$699	$0.46	13d	10	1.39mi

Listing history 22 events

1. 2026-06-19
   days on market $139,900 Active 30 DOM
2. 2026-06-18
   days on market $139,900 Active 29 DOM
3. 2026-06-17
   days on market $139,900 Active 28 DOM
4. 2026-06-16
   days on market $139,900 Active 27 DOM
5. 2026-06-15
   days on market $139,900 Active 26 DOM
6. 2026-06-14
   days on market $139,900 Active 24 DOM
7. 2026-06-13
   days on market $139,900 Active 23 DOM
8. 2026-06-10
   days on market $139,900 Active 21 DOM
9. 2026-06-09
   days on market $139,900 Active 20 DOM
10. 2026-06-08
    days on market $139,900 Active 19 DOM
11. 2026-06-07
    days on market $139,900 Active 18 DOM
12. 2026-06-03
    days on market $139,900 Active 14 DOM
13. 2026-06-02
    days on market $139,900 Active 13 DOM
14. 2026-06-01
    days on market $139,900 Active 12 DOM
15. 2026-05-31
    days on market $139,900 Active 11 DOM
16. 2026-05-30
    days on market $139,900 Active 10 DOM
17. 2026-05-20
    listed $139,900 Active
18. 2010-12-23
    soldstatus $51,000
19. 2010-12-22
    soldstatus $51,000 453-char remark

    Show marketing remark (453 chars)

    Immaculate home! Brick 2 story, 4 bedroom home featuring marble fireplace in living room, new Lennox Elite furnace and central air in 2004, hot water tank 2 years old, and glass block windows in full basement. Cedar closet in bedroom and 1.5 baths. Hardwood floors throughout home with most rooms carpeted. You must see this quality built home. Home is eligible for down payment assistance through YNDC's Healthy Homeownership Program. Call for details.

20. 2010-08-31
    listed $57,500 453-char remark

    Show marketing remark (453 chars)

    Immaculate home! Brick 2 story, 4 bedroom home featuring marble fireplace in living room, new Lennox Elite furnace and central air in 2004, hot water tank 2 years old, and glass block windows in full basement. Cedar closet in bedroom and 1.5 baths. Hardwood floors throughout home with most rooms carpeted. You must see this quality built home. Home is eligible for down payment assistance through YNDC's Healthy Homeownership Program. Call for details.

21. 2010-06-30
    historical
22. 2009-07-30
    listed $65,000

ⓘ 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: $1,591 · $133/mo
• Projected year-2 tax: $1,887 · $157/mo
• Expected delta: +$296/yr (+$25/mo · 18.6%)

ⓘ 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 · 15 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: $12,371
• − Mortgage interest: −$7,837
• − Property taxes: −$1,591
• − Insurance: −$700
• − Repairs & maintenance: −$990
• − Management: −$990
• − Depreciation: −$4,070
• Taxable loss: −$3,806
• Est. tax savings @ 24.0%: +$913
• After-tax cash flow: $-409/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 · 224,175 people
• City population: 28,503
• Metro: Youngstown-Warren, OH
• Population (ZIP): 5,185
• Household income: $40,156
• Rent vs Own: 58.9% rent · 41.1% own
• Severe rent burden: 15.7

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 0.65)
• Race & ethnicity: White 45% Black 38% Two or more races 8% Asian 5% Hispanic / Latino 4%
• Common ancestry: Italian 4% Serbian 1% Romanian 1%
• Foreign-born: 7% · Canada, Dominican Republic, South Korea
• Languages at home: 93% English-only · Other Indo-European 4% Spanish 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: ▲ 6.72%
• Current HPI: 174.9495
• 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

+115.2% since first listed

6 events — show timeline

• 2026-05-20 Listed $139,900 MLSNOW
• 2010-12-23 Sold (Public Records) $51,000 Public Records
• 2010-12-22 Sold (MLS) $51,000 MLSNOW
• 2010-08-31 Listed $57,500 MLSNOW
• 2010-06-30 Listing Removed — MLSNOW
• 2009-07-30 Listed $65,000 MLSNOW

Property tax history

+3.1%/yr

Latest (2025): $1,591 · -9.6% YoY. Source: county tax records.