20 James St · Columbiana, OH 44408

$180,000

3 bd · 1.5 ba · 1,232 sqft · SingleFamily public records · 2 Days on market

Built 1960 0.25 ac lot $146/sqft · at area comps Est $189k · at est.

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Why this score? — see what drove the C+ 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 +23.6/30.0
• ARV discount +9.7/15.0
• DSCR +7.6/10.0
• Schools +6.5/10.0
• 1% rule +5.4/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nice clean home ready for a family. Large living room and updated kitchen. There is a room finished downstairs that could be used as an office or 4th bedroom. This home is walking distance to park and Main St. Shopping. Short Sale approved.

Key facts

• 0.25 acre lot
• Garage
• Built 1960

Property features AI

Finance

• Financial info: Annual taxes reported

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Single-story home; Approximately 1,232 above-grade finished area; Home warranty included
• Construction: Vinyl siding; Asphalt/fiberglass roof
• Exterior features: Paved driveway; Lot dimensions approximately 35 x 75; Lot of about 0.25 acre

Interior

• Bedrooms: 3 main-level bedrooms
• Bathrooms: 2 full bathrooms; 1 half bathroom; 2 main-level bathrooms
• Heating & cooling: Central air conditioning; Forced air gas heating
• Interior features: Partially finished basement; Total of 5 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $340 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Cap rate 8.6% vs local median 4.6% in Columbiana — 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 71/100 on livability (#427 in OH) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, cost of living A+; Watch: employment D, amenities F, commute F.
• Columbiana Exempted Village (town): math 73% / reading 81% proficiency, ranked #84 of 656 in OH (top 13%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Market conditions: 55 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 49 units permitted in Columbiana County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($71k/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 $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 18y 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.

Recommended offer $180,000

Questions for the listing agent

1. Built in 1960 — 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. 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?
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: 1.04% ✓
• Cap rate: 8.56%
• Cash-on-cash: 8.09%
• DSCR: 1.36
• GRM: 8.0

CMA / ARV

• ARV (median comp): $189,161
• List price: $180,000
• Delta: -4.84%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
215 James St	0.14mi	3/1.5	1,208 (-2%)	10mo	$221,000	$183	82
435 Parkview Dr	0.37mi	3/1.5	1,310 (+6%)	9mo	$250,000	$191	64
448 Parkview Dr	0.41mi	3/2.0	1,334 (+8%)	7mo	$242,500	$182	59
122 W Friend St	0.52mi	3/1.0	1,144 (-7%)	6mo	$188,500	$165	57
145 S Vine St	0.50mi	4/2.0 (+1)	1,286 (+4%)	8mo	$171,380	$133	55
174 N Vine St	0.54mi	3/1.0	1,154 (-6%)	11mo	$282,000	$244	53
14 N Vine St	0.47mi	2/1.0 (-1)	1,106 (-10%)	7mo	$182,500	$165	48
415 Edgewood Dr	0.67mi	3/2.5	1,344 (+9%)	7mo	$290,000	$216	44
220 W Park Ave	0.59mi	2/2.0 (-1)	1,328 (+8%)	12mo	$145,000	$109	42
55 N West St	0.66mi	4/1.0 (+1)	1,296 (+5%)	13mo	$141,780	$109	42
24 Edgewood Ct	0.54mi	3/2.0	1,090 (-12%)	21mo	$257,500	$236	36
127 W Salem St	0.70mi	2/2.0 (-1)	1,092 (-11%)	19mo	$130,000	$119	26

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: -4.0%
• Equity multiple: 0.85×
• Total profit: $-7,549
• Equity at exit: $26,839

10-year hold

• IRR: 5.7%
• Equity multiple: 1.42×
• Total profit: $21,164
• Equity at exit: $15,563

Cash invested: $50,400 (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 44408

• Home prices YoY: -30.7%
• Active inventory: 55
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,873 medium
• Mortgage (P&I): −$944
• Tax from tax record: −$121 /mo · $1,451/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $340

Break-even live

Break-even rent $1,443

Max offer price $180,000

Occupancy floor 77%

Sensitivity live

Price	-10% $442	-5% $391	+0% $340	+5% $289	+10% $238
Rent	-10% $192	-5% $266	+0% $340	+5% $414	+10% $488
Rate	-1.0pp $431	-0.5pp $386	base $340	+0.5pp $293	+1.0pp $246

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1 Jenny LN Columbiana, OH	2.0	1.0–2.0	1242	$2,045	$1.65	2d	7	0.65mi
333 W Park Ave Unit C&C Rental Investments Columbiana, OH	2.0	1.0	1000	$1,100	$1.10	13d	1	0.71mi
27 Town Square Blvd Columbiana, OH	2.0	1.5	1370	$2,200	$1.61	13d	1	0.89mi
179 Lakeshore Ct Columbiana, OH	2.0	2.0	1276	$2,200	$1.72	13d	1	1.10mi

Listing history 10 events

1. 2026-05-08
   status Pending 1271-char remark
2. 2026-05-05
   listed $180,000 Active 1271-char remark
3. 2015-05-01
   historical 240-char remark

   Show marketing remark (240 chars)

   Nice clean home ready for a family. Large living room and updated kitchen. There is a room finished downstairs that could be used as an office or 4th bedroom. This home is walking distance to park and Main St. Shopping. Short Sale approved.

4. 2015-04-30
   soldstatus $81,500 Sold 240-char remark

   Show marketing remark (240 chars)

   Nice clean home ready for a family. Large living room and updated kitchen. There is a room finished downstairs that could be used as an office or 4th bedroom. This home is walking distance to park and Main St. Shopping. Short Sale approved.

5. 2015-04-30
   soldstatus $81,500

   Show marketing remark (240 chars)

   Nice clean home ready for a family. Large living room and updated kitchen. There is a room finished downstairs that could be used as an office or 4th bedroom. This home is walking distance to park and Main St. Shopping. Short Sale approved.

6. 2015-04-13
   status Pending 240-char remark

   Show marketing remark (240 chars)

   Nice clean home ready for a family. Large living room and updated kitchen. There is a room finished downstairs that could be used as an office or 4th bedroom. This home is walking distance to park and Main St. Shopping. Short Sale approved.

7. 2015-03-04
   listed $87,000 Active 240-char remark

   Show marketing remark (240 chars)

   Nice clean home ready for a family. Large living room and updated kitchen. There is a room finished downstairs that could be used as an office or 4th bedroom. This home is walking distance to park and Main St. Shopping. Short Sale approved.

8. 2008-12-19
   soldstatus $83,500

   Show marketing remark (259 chars)

   Great location for this well maintained 3-BR ranch. Newer windows, Luxaire furnace with C/A; 200 amp electric service; vinyl siding; newer roof; hardwood floors; ceiling fans; plenty of storage. Rec Rm in basement; Workshop in garage; close to Firestone Park.

9. 2008-12-19
   soldstatus $83,500

   Show marketing remark (259 chars)

   Great location for this well maintained 3-BR ranch. Newer windows, Luxaire furnace with C/A; 200 amp electric service; vinyl siding; newer roof; hardwood floors; ceiling fans; plenty of storage. Rec Rm in basement; Workshop in garage; close to Firestone Park.

10. 2008-09-18
    listed $89,900

    Show marketing remark (259 chars)

    Great location for this well maintained 3-BR ranch. Newer windows, Luxaire furnace with C/A; 200 amp electric service; vinyl siding; newer roof; hardwood floors; ceiling fans; plenty of storage. Rec Rm in basement; Workshop in garage; close to Firestone Park.

ⓘ 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: $1,451 · $121/mo
• Projected year-2 tax: $2,130 · $177/mo
• Expected delta: +$678/yr (+$57/mo · 46.8%)

ⓘ 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 · 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: $22,479
• − Mortgage interest: −$10,083
• − Property taxes: −$1,451
• − Insurance: −$900
• − Repairs & maintenance: −$1,798
• − Management: −$1,798
• − Depreciation: −$5,236
• Taxable income: $1,212
• Est. tax owed @ 24.0%: −$291
• After-tax cash flow: $3,789/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: Columbiana Exempted Village
• NCES district ID: 3904532
• Math proficiency: 73% ▼ -5.00%
• Reading proficiency: 81% ▼ -2.00%
• Median HH income: $48,052
• Composite: 64.96/100
• National rank: #507
• State rank: #84 of 656 in OH

Livability — Columbiana

• Score: 71/100
• State rank: #427
• US rank: #6997

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Columbiana, OH
• County: Columbiana · 99,532 people
• City population: 10,924
• Population (ZIP): 10,924
• Household income: $71,205
• Rent vs Own: 32.9% rent · 67.1% own
• Severe rent burden: 10.0

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 (93%)
• Race & ethnicity: White 93% Hispanic / Latino 3% Asian 2% Two or more races 1%
• Common ancestry: Romanian 4% Italian 3% Iranian 2%
• Foreign-born: 2% · Canada, Jamaica
• Languages at home: 97% English-only · Vietnamese 2% Spanish 1%

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: ▼ -100.83%
• Current HPI: 227.4173
• 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

+111.3% since first listed

12 events — show timeline

• 2026-06-10 Sold (Public Records) $190,000 Public Records
• 2026-06-10 Sold (MLS) $190,000 MLSNOW
• 2026-05-08 Pending — MLSNOW
• 2026-05-05 Listed $180,000 MLSNOW
• 2015-05-01 Listing Removed — MLSNOW
• 2015-04-30 Sold (Public Records) $81,500 Public Records
• 2015-04-30 Sold (MLS) $81,500 MLSNOW
• 2015-04-13 Pending — MLSNOW
• 2015-03-04 Listed $87,000 MLSNOW
• 2008-12-19 Sold (Public Records) $83,500 Public Records
• 2008-12-19 Sold (MLS) $83,500 MLSNOW
• 2008-09-18 Listed $89,900 MLSNOW

Property tax history

+3.7%/yr

Latest (2025): $1,451 · +20.4% YoY. Source: county tax records.