7393 N Lima Rd · Poland, OH 44514

$159,900

3 bd · 1.0 ba · 1,252 sqft · SingleFamily public records · 35 Days on market

Built 1929 0.27 ac lot $128/sqft · 36% below area Est $185k · 14% 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 +24.8/30.0
• ARV discount +13.6/15.0
• DSCR +8.0/10.0
• Schools +6.4/10.0
• 1% rule +6.0/10.0
• Livability +4.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

1929 all the charm, character, leaded glass bookcases, original doors and trim in prestine condition. This is an Adorable 2 bedroom 1 full bath with walk in shower. A fixer upper that has so much potential. You can feel the love and warmth as soon as you walk in. Hard wood floors under all the carpet. A second story that is now unfinished attic space with wood floors can be finished into anything you can dream up whether it be a master suite, studio, living area/play room the oppurtunites are endless with that space. A beautiful covered front porch to sit and drink your morning coffee or relax with a drink on a warm summer night. A large newer detached 2 car garage. You wont want to miss th

Key facts

• Hard wood floors
• Covered front porch
• 0.27 acre lot

Tags

• LEADED GLASS BOOKCASES
• ORIGINAL DOORS AND TRIM
• HARD WOOD FLOORS
• UNFINISHED ATTIC SPACE
• COVERED FRONT PORCH

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-story home; Vinyl siding; Asphalt roof
• Construction: Vinyl siding construction; Asphalt roof; Built according to public records
• Exterior features: Front porch

Interior

• Kitchen: Kitchen on the main level
• Bedrooms: Two main-level bedrooms
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Gas forced-air heating; Wall cooling units
• Interior features: Full basement; Living room; Dining room; Front porch; Fireplace (1)
• Laundry & utility: Basement laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $336 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 3.4% in Poland — 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 82/100 on livability (#72 in OH, #1,108 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, cost of living A+; Watch: amenities F, commute F.
• Poland Local (suburban): math 70% / reading 78% proficiency, ranked #94 of 656 in OH (top 14%) — strong family-tenant draw, lease renewals of 3-5y typical; only 12% free/reduced lunch — higher-income household profile.
• Market conditions: 155 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $40k; list at $160k implies a 300% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1929 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $155,103 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1929 — 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. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.10% ✓
• Cap rate: 8.81%
• Cash-on-cash: 9.00%
• DSCR: 1.40
• GRM: 7.6

CMA / ARV

• ARV (median comp): $185,066
• List price: $159,900
• Delta: -13.60%
• Verdict: UNDERPRICED
• Comps: 19 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7329 Clovermeade Ave	0.11mi	3/2.0	1,291 (+3%)	8mo	$286,000	$222	79
7435 Forest Hill Ave	0.15mi	3/2.0	1,305 (+4%)	6mo	$255,000	$195	77
7295 Clovermeade Ave	0.13mi	3/2.0	1,302 (+4%)	8mo	$285,000	$219	76
7288 Clovermeade Ave	0.16mi	3/2.0	1,260 (+1%)	16mo	$245,000	$194	74
7219 N Lima Rd	0.17mi	3/1.5	1,176 (-6%)	9mo	$183,000	$156	72
7277 Clovermeade Ave	0.14mi	3/2.0	1,136 (-9%)	10mo	$162,000	$143	66
7562 Forest Hill Ave	0.22mi	3/2.0	1,186 (-5%)	14mo	$230,000	$194	65
7108 Indian Trl	0.38mi	3/2.0	1,326 (+6%)	6mo	$282,500	$213	63
7673 N Lima Rd	0.23mi	3/2.0	1,152 (-8%)	12mo	$210,000	$182	62
2725 Highland Ave	0.50mi	4/1.0 (+1)	1,152 (-8%)	10mo	$215,000	$187	50
8082 N Lima Rd	0.67mi	3/2.0	1,166 (-7%)	8mo	$245,000	$210	47
20 Nesbitt St	0.61mi	3/1.0	1,419 (+13%)	7mo	$215,000	$152	43

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: -2.7%
• Equity multiple: 0.90×
• Total profit: $-4,524
• Equity at exit: $23,842

10-year hold

• IRR: 7.0%
• Equity multiple: 1.53×
• Total profit: $23,576
• Equity at exit: $13,825

Cash invested: $44,772 (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 44514

• Home prices YoY: -23.8%
• Active inventory: 155
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,752 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$143 /mo · $1,721/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$368
• Net cashflow: $336

Break-even live

Break-even rent $1,327

Max offer price $159,900

Occupancy floor 76%

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2670 Center Rd Youngstown, OH	3.0	2.5	1722	$2,500	$1.45	21d	1	1.03mi

Listing history 18 events

1. 2026-06-18
   status $159,900 Pending 35 DOM
2. 2026-06-17
   days on market $159,900 Contingent 35 DOM
3. 2026-06-16
   days on market $159,900 Contingent 34 DOM
4. 2026-06-15
   days on market $159,900 Contingent 33 DOM
5. 2026-06-14
   days on market $159,900 Contingent 31 DOM
6. 2026-06-13
   days on market $159,900 Contingent 30 DOM
7. 2026-06-10
   days on market $159,900 Contingent 28 DOM
8. 2026-06-09
   days on market $159,900 Contingent 27 DOM
9. 2026-06-08
   days on market $159,900 Contingent 26 DOM
10. 2026-06-07
    days on market $159,900 Contingent 25 DOM
11. 2026-06-05
    days on market $159,900 Contingent 22 DOM
12. 2026-06-02
    days on market $159,900 Contingent 20 DOM
13. 2026-06-01
    days on market $159,900 Contingent 19 DOM
14. 2026-05-31
    days on market $159,900 Contingent 18 DOM
15. 2026-05-30
    days on market $159,900 Contingent 17 DOM
16. 2026-05-18
    historical Contingent 714-char remark
17. 2026-05-13
    listed $159,900 Active 714-char remark
18. 1993-11-29
    soldstatus $40,000

ⓘ 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: $1,721 · $143/mo
• Projected year-2 tax: $2,108 · $176/mo
• Expected delta: +$387/yr (+$32/mo · 22.5%)

ⓘ 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 ≥95°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,030
• − Mortgage interest: −$8,957
• − Property taxes: −$1,721
• − Insurance: −$800
• − Repairs & maintenance: −$1,682
• − Management: −$1,682
• − Depreciation: −$4,652
• Taxable income: $1,536
• Est. tax owed @ 24.0%: −$369
• After-tax cash flow: $3,662/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: Poland Local
• NCES district ID: 3904834
• Math proficiency: 70% ▼ -14.00%
• Reading proficiency: 78% ▼ -4.00%
• Median HH income: $66,236
• Composite: 64.21/100
• National rank: #564
• State rank: #94 of 656 in OH

Livability — Poland

• Score: 82/100
• State rank: #72
• US rank: #1108

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Mahoning County · 84,956 people
• City population: 23,917
• Metro: Youngstown-Warren-Boardman, OH-PA
• Population (ZIP): 23,917
• Household income: $79,808
• Rent vs Own: 15.2% rent · 84.8% own
• Severe rent burden: 411.0

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: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 4% Hispanic / Latino 3% Black 2%
• Common ancestry: Romanian 6% Slovak 2% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 2%

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: ▼ -65.78%
• Current HPI: 210.5511
• 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

+299.8% since first listed

4 events — show timeline

• 2026-06-17 Pending — MLSNOW
• 2026-05-18 Contingent — MLSNOW
• 2026-05-13 Listed $159,900 MLSNOW
• 1993-11-29 Sold (Public Records) $40,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $1,721 · -3.8% YoY. Source: county tax records.