180 Winchester Ave · Youngstown, OH 44509

$79,527

2 bd · 1.0 ba · 952 sqft · SingleFamily public records · 4 Days on market

Built 1950 7,492 sqft lot Est $115k · 31% under

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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 +29.5/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +6.9/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Situated on a corner lot, this 2-bedroom, 1-bath ranch has been owned and cared for by the same owner for more than 50 years, reflecting decades of pride in ownership. Offering convenient one-floor living with no basement, the home provides simple day-to-day functionality and less maintenance to worry about. The exterior features low-maintenance vinyl siding and vinyl replacement windows, helping improve energy efficiency while reducing upkeep. Central air keeps the home comfortable during the summer months, while the fenced-in backyard offers space for pets, outdoor activities, gardening, or added privacy. The attached 1-car garage with automatic door opener adds everyday convenience, espe

Key facts

• One-floor living
• Fenced-in backyard
• Central air

Tags

• CORNER LOT
• ONE-FLOOR LIVING
• LOW-MAINTENANCE VINYL SIDING
• VINYL REPLACEMENT WINDOWS
• CENTRAL AIR
• FENCED-IN BACKYARD

Property features AI

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Single-story home; Entry level: 1; Asphalt/fiberglass roof
• Construction: Vinyl siding construction; Includes home warranty; Built (year per public records)
• Exterior features: Corner city lot; Back yard with chain link fencing

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: 5 total rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $285 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($950 rent vs $80k).
• Cap rate 10.6% 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: 64 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 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 ($36k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $550 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $79,527

Questions for the listing agent

1. Built in 1950 — 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: 1.19% ✓
• Cap rate: 10.59%
• Cash-on-cash: 15.33%
• DSCR: 1.68
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $115,192
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
503 N Dunlap Ave	0.21mi	3/1.0 (+1)	925 (-3%)	2mo	$125,000	$135	79
556 Moherman Ave	0.26mi	2/1.0	936 (-2%)	11mo	$138,000	$147	76
405 N Osborn Ave	0.23mi	2/1.0	1,030 (+8%)	2mo	$83,000	$81	74
414 N Dunlap Ave	0.13mi	3/1.5 (+1)	984 (+3%)	11mo	$105,000	$107	72
59 Wesley Ave	0.39mi	2/1.0	1,048 (+10%)	8mo	$110,000	$105	58
718 N Bon Air Ave	0.37mi	3/2.0 (+1)	1,036 (+9%)	2mo	$112,500	$109	58
3640 Oakwood Ave	0.20mi	2/2.0	1,092 (+15%)	7mo	$132,000	$121	56
117 N Navarre Ave	0.58mi	3/1.0 (+1)	928 (-2%)	11mo	$125,000	$135	54
2820 Burbank Ave	0.47mi	3/1.0 (+1)	892 (-6%)	10mo	$128,000	$143	54
192 N Main St	0.72mi	3/1.0 (+1)	988 (+4%)	5mo	$120,000	$121	50
230 S Dunlap Ave	0.65mi	2/1.5	848 (-11%)	2mo	$133,000	$157	48
212 N Navarre Ave	0.60mi	3/1.0 (+1)	1,068 (+12%)	6mo	$123,000	$115	42

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: 6.0%
• Equity multiple: 1.23×
• Total profit: $5,198
• Equity at exit: $11,858

10-year hold

• IRR: 15.4%
• Equity multiple: 2.24×
• Total profit: $27,710
• Equity at exit: $6,876

Cash invested: $22,268 (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 44509

• Home prices YoY: -9.3%
• Active inventory: 64
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $950 high
• Mortgage (P&I): −$417
• Tax from tax record: −$15 /mo · $186/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$199
• Net cashflow: $285

Break-even live

Break-even rent $589

Max offer price $79,527

Occupancy floor 65%

Sensitivity live

Price	-10% $330	-5% $307	+0% $285	+5% $262	+10% $240
Rent	-10% $210	-5% $247	+0% $285	+5% $322	+10% $360
Rate	-1.0pp $325	-0.5pp $305	base $285	+0.5pp $264	+1.0pp $243

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: $19,882
• Closing costs: $2,386
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3143 Mahoning Ave Youngstown, OH	2.0	1.0	700	$1,000	$1.43	22d	1	0.35mi
2624 Oakwood Ave Unit 2632 Youngstown, OH	3.0	1.0	1064	$850	$0.80	22d	1	0.60mi
2929 Roy St Youngstown, OH	3.0	1.0	988	$1,100	$1.11	14d	1	0.71mi
2634 Austin Ave Youngstown, OH	2.0	1.0	784	$775	$0.99	44d	1	0.82mi
70 N Raccoon Rd Youngstown, OH	1.0–2.0	1.0	709	$975	$1.38	14d	1	1.24mi

Listing history 1 events

1. 2026-05-20
   listed $79,527 Active

ⓘ 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: $186 · $15/mo
• Projected year-2 tax: $713 · $59/mo
• Expected delta: +$527/yr (+$44/mo · 283.7%)

ⓘ 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 ≥98°F today · 17 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: $11,396
• − Mortgage interest: −$4,455
• − Property taxes: −$186
• − Insurance: −$398
• − Repairs & maintenance: −$912
• − Management: −$912
• − Depreciation: −$2,314
• Taxable income: $2,220
• Est. tax owed @ 24.0%: −$533
• After-tax cash flow: $2,881/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): 10,775
• Household income: $36,472
• Rent vs Own: 39.4% rent · 60.6% own
• Severe rent burden: 10.4

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 0.58)
• Race & ethnicity: White 58% Black 27% Hispanic / Latino 9% Two or more races 8%
• Hispanic origin (detail): Puerto Rican 4%
• Common ancestry: Slovak 2% Subsaharan African 2% Romanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 5%

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: ▼ -22.34%
• Current HPI: 217.0797
• 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

1 event — show timeline

• 2026-05-20 Listed $79,527 MLSNOW

Property tax history

-3.1%/yr

Latest (2025): $186 · -18.2% YoY. Source: county tax records.