918 Florence St · East Liverpool, OH 43920

$14,500

2 bd · 1.0 ba · 1,224 sqft · SingleFamily public records · 6 Days on market

Built 1930 2,700 sqft lot

---

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

Bank-owned fixer-upper with excellent value-add potential. This 2-bedroom, 1-bath home offers approximately 1,224 square feet of living space and includes private off-street parking from the rear street. The property is in need of substantial renovation and is best suited for investors, flippers, contractors, or cash buyers seeking their next project. Sold strictly as-is. Bring your tools and imagination to unlock this property's potential.

Key facts

• 2,700 sq ft lot
• Parking
• Built 1930

Tags

• PRIVATE OFF-STREET PARKING
• SUBSTANTIAL RENOVATION

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Two-story home; Fixer condition; Shingle roof; Built year per public records
• Construction: Frame construction with wood siding; Slab foundation
• Exterior features: Small lot (approximately 0.062 acres)

Interior

• Bedrooms: 4 total rooms (including bedrooms and living spaces)
• Bathrooms: 1 full bathroom
• Interior features: Partial basement; Basement present

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $14k.

Deal economics

• At list price, monthly cash flow is $441 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($712 rent vs $14k).
• Cap rate 42.7% 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 $100 of loan paydown is wiped out by about $435 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

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts 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.

Risks & watch-outs

• Watch-outs: property tax is 3.3% of price; built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $14,500

Questions for the listing agent

1. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 4.91% ✓
• Cap rate: 42.75%
• Cash-on-cash: 130.20%
• DSCR: 6.79
• GRM: 1.7

CMA / ARV

• ARV (on-the-fly): $80,784
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
911 May St	0.04mi	2/1.5	1,248 (+2%)	2mo	$18,000	$14	91
874 Logan St	0.35mi	3/1.0 (+1)	1,176 (-4%)	1mo	$132,000	$112	71
1209 Northside Dr	0.55mi	2/1.0	1,260 (+3%)	3mo	$40,000	$32	67
401 Ray St	0.48mi	2/1.0	1,188 (-3%)	12mo	$78,000	$66	63
607 Northside Ave	0.61mi	2/1.0	1,158 (-5%)	9mo	$78,900	$68	55
866 Baxter St	0.46mi	2/1.0	1,100 (-10%)	13mo	$155,000	$141	50
1520 Smithfield St	0.74mi	3/2.0 (+1)	1,190 (-3%)	7mo	$21,000	$18	46
1183 Lisbon St	0.56mi	3/1.0 (+1)	1,078 (-12%)	6mo	$87,500	$81	44
1623 Allison St	0.71mi	3/2.0 (+1)	1,120 (-8%)	2mo	$61,500	$55	42
832 Cadmus St	0.64mi	2/1.5	1,320 (+8%)	20mo	$78,000	$59	38

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: 7.34×
• Total profit: $25,730
• Equity at exit: $2,162

10-year hold

• IRR: —
• Equity multiple: 15.44×
• Total profit: $58,631
• Equity at exit: $1,254

Cash invested: $4,060 (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: 1.7×

Monthly cashflow live

• Estimated rent: $712 medium
• Mortgage (P&I): −$76
• Tax from tax record: −$40 /mo · $484/yr
• Insurance: −$6
• HOA: −$0
• Vacancy / Maint / Mgmt: −$150
• Net cashflow: $441

Break-even live

Break-even rent $155

Max offer price $14,500

Occupancy floor 33%

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: $3,625
• Closing costs: $435
• 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	0.52mi
707 Saint Clair Ave Unit 03 East Liverpool, OH	2.0	1.0	900	$700	$0.78	44d	1	0.52mi

Listing history 6 events

1. 2026-06-18
   days on market $14,500 Active 6 DOM
2. 2026-06-17
   days on market $14,500 Active 5 DOM
3. 2026-06-16
   days on market $14,500 Active 4 DOM
4. 2026-06-15
   days on market $14,500 Active 3 DOM
5. 2026-06-13
   remarks 444-char remark
6. 2026-06-13
   listed $14,500 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: $484 · $40/mo
• Projected year-2 tax: $484 · $40/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: −$812
• − Property taxes: −$484
• − Insurance: −$72
• − Repairs & maintenance: −$684
• − Management: −$684
• − Depreciation: −$422
• Taxable income: $5,392
• Est. tax owed @ 24.0%: −$1,294
• After-tax cash flow: $3,992/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

-67.7% since first listed

9 events — show timeline

• 2026-06-12 Listed $14,500 MLSNOW
• 2026-04-26 Listing Removed — MLSNOW
• 2026-03-20 Price Changed $19,900 MLSNOW
• 2025-12-26 Listed $23,900 MLSNOW
• 2025-12-25 Listing Removed — MLSNOW
• 2025-11-21 Price Changed $23,900 MLSNOW
• 2025-08-07 Price Changed $28,400 MLSNOW
• 2025-07-25 Price Changed $33,400 MLSNOW
• 2025-06-25 Listed $44,960 MLSNOW

Property tax history

+1.4%/yr

Latest (2025): $484 · +8.7% YoY. Source: county tax records.