538 Redondo Rd · Youngstown, OH 44504

$132,500

3 bd · 1.0 ba · 1,373 sqft · SingleFamily public records · 63 Days on market

Built 1928 7,448 sqft lot Est $124k · 7% over

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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).

• Cash flow +10.6/30.0
• Appreciation +8.4/10.0
• ARV discount +4.2/15.0
• Livability +4.0/5.0
• DSCR +3.0/10.0
• 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

Real clean 3 bedroom vinyl sided 2story home. Features living room with fireplace, formal dining room, kitchen with appliances and some newer windows. Full basement. Solid furnace and electric. Large 26x8 front porch. 2 car garage and much more!

Key facts

• Newer appliances
• Updated flooring
• Updated countertops

Tags

• REMODELED HOME
• UPDATED FLOORING
• REFRESHED KITCHEN
• UPDATED COUNTERTOPS
• NEWER APPLIANCES
• FULLY UPDATED BATHROOM

Property features AI

Exterior

• Parking: Detached paved garage; 2-car garage
• Utilities: Public water; Public sewer
• Home design: Two-story home; Faces east
• Construction: Vinyl siding; Asphalt/fiberglass roof; Built per public records
• Exterior features: Front porch; Property has a view; Lot dimensions approximately 50 x 149

Interior

• Kitchen: Eat-in kitchen; Range; Refrigerator
• Bedrooms: Three bedrooms on the second floor
• Flooring: Linoleum in the kitchen
• Bathrooms: One full bathroom
• Heating & cooling: Forced-air heating; Gas heating
• Interior features: Full, unfinished basement; Fireplace in living room; Total of 6 rooms
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $132k.

Deal economics

• At list price, monthly cash flow is $-66 ($-794/yr) — negative.
• To cash-flow at today's rent, offer at most $121k (8.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $98k (26.2% below list).
• Recommended offer: $98k (26.2% below list) — sets the bar for 1% rule.

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; 7 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% 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).

Forward outlook

• In year one you build about $10k of equity ($916 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.
• At projected returns (6.7% appreciation + 3.0% rent growth), your $37k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($125k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 31y ago; this cycle's ask has dropped $18k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $64k; list at $132k implies a 107% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $97,817 (26.2% 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. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 5.69%
• Cash-on-cash: -2.14%
• DSCR: 0.90
• GRM: 11.3

CMA / ARV

• ARV (on-the-fly): $123,570
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1867 Coronado Ave	0.43mi	3/2.0	1,426 (+4%)	2mo	$128,000	$90	68
795 Norwood Ave	0.40mi	3/1.0	1,352 (-2%)	22mo	$65,000	$48	60
2331 Coronado Ave	0.57mi	3/2.5	1,302 (-5%)	4mo	$200,000	$154	55
269 W Dennick Ave	0.68mi	3/1.5	1,248 (-9%)	3mo	$134,900	$108	49
1655 5th Ave	0.63mi	3/1.5	1,250 (-9%)	6mo	$83,550	$67	48

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: 15.4%
• Equity multiple: 2.07×
• Total profit: $39,762
• Equity at exit: $89,416

10-year hold

• IRR: 15.3%
• Equity multiple: 4.21×
• Total profit: $118,931
• Equity at exit: $167,716

Cash invested: $37,100 (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: $978 high
• Mortgage (P&I): −$695
• Tax from tax record: −$89 /mo · $1,066/yr
• Insurance: −$55
• HOA: −$0
• Vacancy / Maint / Mgmt: −$205
• Net cashflow: $-66

Break-even live

Break-even rent $1,062

Max offer price $120,810

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: $33,125
• Closing costs: $3,975
• Reserves months: —
• Total cash needed: —

Rent comps 7 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	0.41mi
465 Gypsy Ln Youngstown, OH	2.0	2.0	1320	$1,120	$0.85	43d	1	0.48mi
2525 Ohio Ave Unit 2 Youngstown, OH	2.0	1.0	1140	$850	$0.75	43d	1	0.93mi
178 Upland Ave Youngstown, OH	2.0	1.0	1000	$750	$0.75	43d	1	0.99mi
171 Upland Ave Unit 171 2nd floor Youngstown, OH	3.0	1.0	1100	$1,040	$0.95	13d	1	0.99mi
176 Upland Ave Unit 1 Youngstown, OH	4.0	2.0	1300	$1,225	$0.94	43d	1	0.99mi
351 Lincoln Ave Youngstown, OH	3.0–5.0	3.0–5.0	1527	$699	$0.46	13d	10	1.39mi

Listing history 26 events

1. 2026-06-19
   days on market $132,500 Active 63 DOM
2. 2026-06-18
   days on market $132,500 Active 62 DOM
3. 2026-06-17
   days on market $132,500 Active 61 DOM
4. 2026-06-16
   price $132,500 Active 60 DOM
5. 2026-06-16
   days on market $137,500 Active 60 DOM
6. 2026-06-15
   days on market $137,500 Active 59 DOM
7. 2026-06-14
   days on market $137,500 Active 57 DOM
8. 2026-06-13
   days on market $137,500 Active 56 DOM
9. 2026-06-10
   days on market $137,500 Active 54 DOM
10. 2026-06-09
    days on market $137,500 Active 53 DOM
11. 2026-06-08
    days on market $137,500 Active 52 DOM
12. 2026-06-07
    days on market $137,500 Active 51 DOM
13. 2026-06-03
    days on market $137,500 Active 47 DOM
14. 2026-06-02
    days on market $137,500 Active 46 DOM
15. 2026-06-01
    days on market $137,500 Active 45 DOM
16. 2026-05-31
    days on market $137,500 Active 44 DOM
17. 2026-05-30
    days on market $137,500 Active 43 DOM
18. 2026-05-04
    price $145,000
19. 2026-04-17
    listed $150,000 Active
20. 2022-10-25
    soldstatus $63,900 Closed 246-char remark

    Show marketing remark (246 chars)

    Real clean 3 bedroom vinyl sided 2story home. Features living room with fireplace, formal dining room, kitchen with appliances and some newer windows. Full basement. Solid furnace and electric. Large 26x8 front porch. 2 car garage and much more!

21. 2022-10-03
    status Pending 246-char remark

    Show marketing remark (246 chars)

    Real clean 3 bedroom vinyl sided 2story home. Features living room with fireplace, formal dining room, kitchen with appliances and some newer windows. Full basement. Solid furnace and electric. Large 26x8 front porch. 2 car garage and much more!

22. 2022-09-27
    listed $65,000 Active 246-char remark

    Show marketing remark (246 chars)

    Real clean 3 bedroom vinyl sided 2story home. Features living room with fireplace, formal dining room, kitchen with appliances and some newer windows. Full basement. Solid furnace and electric. Large 26x8 front porch. 2 car garage and much more!

23. 1997-05-19
    soldstatus $22,500
24. 1995-08-11
    historical
25. 1995-07-12
    listed $25,000
26. 1990-06-11
    soldstatus $23,900

ⓘ 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: $1,066 · $89/mo
• Projected year-2 tax: $1,567 · $131/mo
• Expected delta: +$500/yr (+$42/mo · 46.9%)

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,738
• − Mortgage interest: −$7,422
• − Property taxes: −$1,066
• − Insurance: −$662
• − Repairs & maintenance: −$939
• − Management: −$939
• − Depreciation: −$3,855
• Taxable loss: −$3,146
• Est. tax savings @ 24.0%: +$755
• After-tax cash flow: $-39/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

+506.7% since first listed

9 events — show timeline

• 2026-05-04 Price Changed $145,000 MLSNOW
• 2026-04-17 Listed $150,000 MLSNOW
• 2022-10-25 Sold (MLS) $63,900 MLSNOW
• 2022-10-03 Pending — MLSNOW
• 2022-09-27 Listed $65,000 MLSNOW
• 1997-05-19 Sold (Public Records) $22,500 Public Records
• 1995-08-11 Listing Removed — MLSNOW
• 1995-07-12 Listed $25,000 MLSNOW
• 1990-06-11 Sold (Public Records) $23,900 Public Records

Property tax history

+4.9%/yr

Latest (2025): $1,066 · -11.9% YoY. Source: county tax records.