314 Adelaide Ave SE · Warren, OH 44483

$99,900

3 bd · 1.0 ba · 1,230 sqft · SingleFamily public records · 19 Days on market

Built 1930 6,451 sqft lot Est $137k · 27% under

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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 +22.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.3/10.0
• 1% rule +5.8/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Very well kept 3 bedroom, 2 story, offering a 1 year warranty for buyers piece of mind. Large LR with gas fireplace, formal DR, spacious updated Kitchen (fridge/stove 1 yr) with ceramic flooring, fresh paint though out, nice size bedrooms & updated bath with whirlpool tub. Updates galore in the last few years to include: Breaker box, furnace, vinyl tilt in windows, glass block, roof, c/a, & painted alum. exterior. Fenced in yard, above ground pool needs liner & pump (seller will remove if buyer doesn't want). This home qualifies for many programs that include: $5000 down payment assistance & lender paid buyer closing costs! Buyer can get in with very little down. So what are you waiting for? Great Home! Also offers 1 year home warranty for buyer peace of mind.

Key facts

• Ceramic flooring
• Fenced backyard
• 6,451 sq ft lot

Tags

• GAS LINE TO FIREPLACE
• CERAMIC FLOORING
• VINYL TILT-IN WINDOWS
• FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $173 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 5.9% in Warren — 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 73/100 on livability (#312 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: crime D-, commute F, employment F.
• Warren City (urban): math 22% / reading 32% proficiency, ranked #599 of 656 in OH (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Willard Avenue Pk-8 School (math 19% / reading 30%, grade F, #1,217 of 1,584 statewide, top 78%, 877 students, 0% FRL); Warren G Harding High School (math 16% / reading 32%, grade F, #665 of 781 statewide, top 85%, 1,155 students, 0% FRL) — zoned schools average 0% FRL vs 75% district-wide (75 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 110 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 129 units permitted in Trumbull County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Trumbull County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y 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.
• Current owner paid $42k; list at $100k implies a 138% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $98,401 (1.5% below list)

Questions for the listing agent

1. Built in 1930 — 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 D 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: 1.08% ✓
• Cap rate: 8.37%
• Cash-on-cash: 7.43%
• DSCR: 1.33
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $136,530
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
327 Adelaide	0.03mi	3/1.0	1,144 (-7%)	6mo	$127,900	$112	82
1116 Adelaide Ave SE	0.40mi	4/1.0 (+1)	1,254 (+2%)	0mo	$106,250	$85	73
336 Willard Ave SE	0.25mi	3/1.5	1,136 (-8%)	2mo	$130,000	$114	72
213 Kenmore Ave NE	0.32mi	3/1.0	1,142 (-7%)	6mo	$116,000	$102	68
464 Meadowbrook Ave SE	0.63mi	3/1.0	1,235 (+0%)	4mo	$143,000	$116	66
223 Laird Ave NE	0.55mi	3/1.0	1,286 (+5%)	6mo	$144,900	$113	62
1100 Woodbine Ave SE	0.59mi	3/1.0	1,178 (-4%)	5mo	$42,500	$36	61
2026 Ada Ave SE	0.31mi	3/1.0	1,065 (-13%)	5mo	$89,900	$84	59
696 Meadowbrook Ave SE	0.66mi	3/1.5	1,140 (-7%)	2mo	$150,000	$132	53
1180 Harrison St	0.66mi	3/1.0	1,376 (+12%)	1mo	$89,900	$65	48
1172 Mckinley St NE	0.70mi	2/1.0 (-1)	1,392 (+13%)	5mo	$47,000	$34	36
880 Meadowbrook Ave SE	0.75mi	3/2.5	1,392 (+13%)	2mo	$154,500	$111	35

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: -4.9%
• Equity multiple: 0.82×
• Total profit: $-5,154
• Equity at exit: $14,895

10-year hold

• IRR: 4.7%
• Equity multiple: 1.35×
• Total profit: $9,751
• Equity at exit: $8,638

Cash invested: $27,972 (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 44483

• Home prices YoY: -16.3%
• Active inventory: 110
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,081 high
• Mortgage (P&I): −$524
• Tax from tax record: −$116 /mo · $1,389/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $173

Break-even live

Break-even rent $862

Max offer price $99,900

Occupancy floor 79%

Sensitivity live

Price	-10% $230	-5% $201	+0% $173	+5% $145	+10% $117
Rent	-10% $88	-5% $130	+0% $173	+5% $216	+10% $259
Rate	-1.0pp $223	-0.5pp $198	base $173	+0.5pp $147	+1.0pp $121

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
840 Woodbine Ave SE Unit 838 Warren, OH	2.0	1.0	1009	$1,000	$0.99	15d	1	0.45mi
259 Perkinswood Blvd NE Warren, OH	1.0–2.0	1.0	743	$845	$1.14	15d	3	0.49mi
2232 Youngstown Rd SE Warren, OH	2.0	1.0	800	$1,050	$1.31	15d	1	0.59mi
341 Charles AVE Warren, OH	3.0	1.0	1232	$1,100	$0.89	45d	1	0.62mi
1151 Kenilworth Ave SE Warren, OH	2.0	1.0	1207	$900	$0.75	15d	1	0.63mi
1216 Hollywood St NE Warren, OH	3.0	1.0	1158	$1,050	$0.91	22d	1	1.03mi
407 Washington St NE Niles, OH	3.0	1.5	1388	$1,250	$0.90	15d	1	1.26mi

Listing history 9 events

1. 2026-03-30
   status Pending
2. 2026-03-10
   listed $99,900 Active
3. 2016-10-14
   soldstatus $42,000 Sold 793-char remark

   Show marketing remark (793 chars)

   Very well kept 3 bedroom, 2 story, offering a 1 year warranty for buyers piece of mind. Large LR with gas fireplace, formal DR, spacious updated Kitchen (fridge/stove 1 yr) with ceramic flooring, fresh paint though out, nice size bedrooms & updated bath with whirlpool tub. Updates galore in the last few years to include: Breaker box, furnace, vinyl tilt in windows, glass block, roof, c/a, & painted alum. exterior. Fenced in yard, above ground pool needs liner & pump (seller will remove if buyer doesn't want). This home qualifies for many programs that include: $5000 down payment assistance & lender paid buyer closing costs! Buyer can get in with very little down. So what are you waiting for? Great Home! Also offers 1 year home warranty for buyer peace of mind.

4. 2016-09-20
   historical Contingent 793-char remark

   Show marketing remark (793 chars)

   Very well kept 3 bedroom, 2 story, offering a 1 year warranty for buyers piece of mind. Large LR with gas fireplace, formal DR, spacious updated Kitchen (fridge/stove 1 yr) with ceramic flooring, fresh paint though out, nice size bedrooms & updated bath with whirlpool tub. Updates galore in the last few years to include: Breaker box, furnace, vinyl tilt in windows, glass block, roof, c/a, & painted alum. exterior. Fenced in yard, above ground pool needs liner & pump (seller will remove if buyer doesn't want). This home qualifies for many programs that include: $5000 down payment assistance & lender paid buyer closing costs! Buyer can get in with very little down. So what are you waiting for? Great Home! Also offers 1 year home warranty for buyer peace of mind.

5. 2016-09-19
   listed $49,500 Active 793-char remark

   Show marketing remark (793 chars)

   Very well kept 3 bedroom, 2 story, offering a 1 year warranty for buyers piece of mind. Large LR with gas fireplace, formal DR, spacious updated Kitchen (fridge/stove 1 yr) with ceramic flooring, fresh paint though out, nice size bedrooms & updated bath with whirlpool tub. Updates galore in the last few years to include: Breaker box, furnace, vinyl tilt in windows, glass block, roof, c/a, & painted alum. exterior. Fenced in yard, above ground pool needs liner & pump (seller will remove if buyer doesn't want). This home qualifies for many programs that include: $5000 down payment assistance & lender paid buyer closing costs! Buyer can get in with very little down. So what are you waiting for? Great Home! Also offers 1 year home warranty for buyer peace of mind.

6. 2016-08-31
   historical
7. 2016-04-22
   price $49,500
8. 2016-02-08
   listed $55,000 Active
9. 1994-11-30
   soldstatus $54,969

ⓘ 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: $1,389 · $116/mo
• Projected year-2 tax: $1,474 · $123/mo
• Expected delta: +$85/yr (+$7/mo · 6.1%)

ⓘ 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 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,978
• − Mortgage interest: −$5,596
• − Property taxes: −$1,389
• − Insurance: −$500
• − Repairs & maintenance: −$1,038
• − Management: −$1,038
• − Depreciation: −$2,906
• Taxable income: $510
• Est. tax owed @ 24.0%: −$122
• After-tax cash flow: $1,955/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: Warren City
• NCES district ID: 3904499
• Math proficiency: 22% ▼ -16.00%
• Reading proficiency: 32% ▼ -9.00%
• Median HH income: $28,222
• Composite: 21.6/100
• National rank: #8299
• State rank: #599 of 656 in OH

Livability — Warren

• Score: 73/100
• State rank: #312
• US rank: #5068

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Warren, OH
• County: Trumbull County · 61,158 people
• City population: 25,805
• Metro: Youngstown-Warren-Boardman, OH-PA
• Population (ZIP): 25,805
• Household income: $49,017
• Rent vs Own: 33.6% rent · 66.4% own
• Severe rent burden: 989.0

Population outlook (Trumbull County) Hauer SSP2

• Today (2025): 191,696 people
• By 2030: 184,015 · -4.0%
• By 2040: 166,810 · -13.0%
• By 2050: 149,857 · -21.8%
• By 2075: 115,769 · -39.6%
• By 2100: 83,617 · -56.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Black 14% Two or more races 7% Hispanic / Latino 4%
• Common ancestry: Romanian 3% Slovak 2% Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Other Indo-European 2% Spanish 2%

Political lean MEDSL · Trumbull

• 2024 margin: R (+16.8) · D 41.2% · R 58.0%
• 2008→2024 swing: -39.2pp toward R · 2008: 22.4pp · 2024: -16.8pp
• All cycles: 2024: R+16.8 2020: R+10.6 2016: R+6.4 2012: D+22.2 2008: D+22.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.50%
• Current HPI: 218.3455
• 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

+81.7% since first listed

9 events — show timeline

• 2026-03-30 Pending — MLSNOW
• 2026-03-10 Listed $99,900 MLSNOW
• 2016-10-14 Sold (MLS) $42,000 MLSNOW
• 2016-09-20 Contingent — MLSNOW
• 2016-09-19 Listed $49,500 MLSNOW
• 2016-08-31 Listing Removed — MLSNOW
• 2016-04-22 Price Changed $49,500 MLSNOW
• 2016-02-08 Listed $55,000 MLSNOW
• 1994-11-30 Sold (Public Records) $54,969 Public Records

Property tax history

+3.1%/yr

Latest (2025): $1,389 · +1.9% YoY. Source: county tax records.