212 S Schenley Ave · Youngstown, OH 44509

$98,900

3 bd · 1.0 ba · 1,575 sqft · SingleFamily public records · 195 Days on market

Built 1910 7,622 sqft lot Est $109k · 9% 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 +27.9/30.0
• ARV discount +11.5/15.0
• DSCR +9.9/10.0
• 1% rule +7.2/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 2 Story home features, LR, FR and DR with 2 car garage. Corporate Owned. Property being Sold As Is.

Key facts

• Natural woodwork
• Built in window seat
• Formal dining room

Tags

• LARGE COVERED FRONT PORCH
• LARGE BACK PORCH ENTRY
• NATURAL WOODWORK
• BUILT IN WINDOW SEAT
• FORMAL PARLOR
• FORMAL DINING ROOM

Property features AI

Exterior

• Parking: Detached paved garage; 2-car garage
• Utilities: Public water; Public sewer
• Home design: 2-story brick home; Block foundation; Asphalt/fiberglass roof
• Construction: Built according to public records; Brick construction; Block foundation; Asphalt/fiberglass roof
• Exterior features: Front porch; Rear porch; Lot approximately 61 x 125

Interior

• Kitchen: Ceramic tile flooring in kitchen
• Bedrooms: Bedrooms located on second floor; Bedroom (approx. 10 x 13); Bedroom (approx. 12 x 13)
• Flooring: Carpet in upstairs bedrooms; Ceramic tile in kitchen
• Bathrooms: 1 full bathroom (located on second floor)
• Heating & cooling: Forced air heating (gas)
• Interior features: High ceilings; Full unfinished basement
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $305 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $87k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 7.0% in Youngstown — 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 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: 64 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).
• This rent runs 40% of the median local income ($36k/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 $684 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 195 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y 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 $17k; list at $99k implies a 482% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $87,032 (12.0% below list)

Questions for the listing agent

1. It's been on market 195 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.22% ✓
• Cap rate: 9.99%
• Cash-on-cash: 13.20%
• DSCR: 1.59
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $108,675
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
328 S Bon Air Ave	0.30mi	3/2.0	1,518 (-4%)	7mo	$103,777	$68	70
404 S Bon Air Ave	0.42mi	2/1.5 (-1)	1,600 (+2%)	3mo	$126,000	$79	68
59 Bouquet Ave	0.20mi	3/2.0	1,744 (+11%)	2mo	$120,000	$69	67
917 S Schenley Ave	0.63mi	3/2.0	1,588 (+1%)	1mo	$182,000	$115	64
122 N Bon Air Ave	0.54mi	4/1.5 (+1)	1,496 (-5%)	1mo	$90,000	$60	58
115 N Richview Ave	0.63mi	3/2.0	1,499 (-5%)	1mo	$96,000	$64	58
2606 Oakwood Ave	0.46mi	3/1.5	1,406 (-11%)	8mo	$118,000	$84	52
134 Millet Ave	0.67mi	3/2.5	1,700 (+8%)	6mo	$70,000	$41	45
937 S Hazelwood Ave	0.67mi	3/1.5	1,404 (-11%)	5mo	$169,000	$120	45
234 S Portland Ave	0.72mi	3/1.5	1,404 (-11%)	7mo	$79,500	$57	41
125 N Belle Vis	0.74mi	4/1.0 (+1)	1,368 (-13%)	3mo	$49,000	$36	36
441 Manchester Ave	0.71mi	4/2.0 (+1)	1,740 (+10%)	9mo	$143,500	$82	33

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: 3.2%
• Equity multiple: 1.12×
• Total profit: $3,367
• Equity at exit: $14,746

10-year hold

• IRR: 12.7%
• Equity multiple: 2.01×
• Total profit: $27,891
• Equity at exit: $8,551

Cash invested: $27,692 (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 44509

• Home prices YoY: -9.3%
• Active inventory: 64
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,204 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$87 /mo · $1,040/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $305

Break-even live

Break-even rent $818

Max offer price $98,900

Occupancy floor 70%

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: $24,725
• Closing costs: $2,967
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2624 Oakwood Ave Unit 2632 Youngstown, OH	3.0	1.0	1064	$850	$0.80	21d	1	0.43mi
116 N Portland Ave Youngstown, OH	4.0	2.0	1920	$1,750	$0.91	21d	1	0.79mi
35 Whitney Ave N Youngstown, OH	3.0	1.0	1144	$1,050	$0.92	21d	1	1.18mi
131 N Edgehill Ave Youngstown, OH	3.0	1.0	1200	$1,350	$1.12	21d	1	1.43mi

Listing history 25 events

1. 2026-06-19
   days on market $98,900 Active 195 DOM
2. 2026-06-18
   days on market $98,900 Active 194 DOM
3. 2026-06-17
   days on market $98,900 Active 193 DOM
4. 2026-06-16
   days on market $98,900 Active 192 DOM
5. 2026-06-15
   days on market $98,900 Active 191 DOM
6. 2026-06-14
   days on market $98,900 Active 189 DOM
7. 2026-06-13
   days on market $98,900 Active 188 DOM
8. 2026-06-10
   days on market $98,900 Active 186 DOM
9. 2026-06-09
   days on market $98,900 Active 185 DOM
10. 2026-06-08
    days on market $98,900 Active 184 DOM
11. 2026-06-07
    days on market $98,900 Active 183 DOM
12. 2026-06-03
    days on market $98,900 Active 179 DOM
13. 2026-06-02
    days on market $98,900 Active 178 DOM
14. 2026-06-01
    days on market $98,900 Active 177 DOM
15. 2026-05-31
    days on market $98,900 Active 176 DOM
16. 2026-05-30
    days on market $98,900 Active 175 DOM
17. 2026-04-25
    price $98,900
18. 2025-12-06
    listed $99,900 Active
19. 2008-11-13
    soldstatus $17,000 104-char remark

    Show marketing remark (104 chars)

    This 2 Story home features, LR, FR and DR with 2 car garage. Corporate Owned. Property being Sold As Is.

20. 2008-07-24
    listed $18,900 104-char remark

    Show marketing remark (104 chars)

    This 2 Story home features, LR, FR and DR with 2 car garage. Corporate Owned. Property being Sold As Is.

21. 2006-08-24
    soldstatus $82,000
22. 2005-07-15
    historical
23. 2004-07-15
    listed $45,000
24. 2004-07-12
    historical
25. 2004-01-12
    listed $52,900

ⓘ 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: $1,040 · $87/mo
• Projected year-2 tax: $1,291 · $108/mo
• Expected delta: +$252/yr (+$21/mo · 24.2%)

ⓘ 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 ≥98°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: $14,447
• − Mortgage interest: −$5,540
• − Property taxes: −$1,040
• − Insurance: −$494
• − Repairs & maintenance: −$1,156
• − Management: −$1,156
• − Depreciation: −$2,877
• Taxable income: $2,184
• Est. tax owed @ 24.0%: −$524
• After-tax cash flow: $3,131/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): 10,775
• Household income: $36,472
• Rent vs Own: 39.4% rent · 60.6% own
• Severe rent burden: 10.4

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 0.58)
• Race & ethnicity: White 58% Black 27% Hispanic / Latino 9% Two or more races 8%
• Hispanic origin (detail): Puerto Rican 4%
• Common ancestry: Slovak 2% Subsaharan African 2% Romanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 5%

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: ▼ -22.34%
• Current HPI: 217.0797
• 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

+87.0% since first listed

9 events — show timeline

• 2026-04-25 Price Changed $98,900 MLSNOW
• 2025-12-06 Listed $99,900 MLSNOW
• 2008-11-13 Sold (MLS) $17,000 MLSNOW
• 2008-07-24 Listed $18,900 MLSNOW
• 2006-08-24 Sold (Public Records) $82,000 Public Records
• 2005-07-15 Listing Removed — MLSNOW
• 2004-07-15 Listed $45,000 MLSNOW
• 2004-07-12 Listing Removed — MLSNOW
• 2004-01-12 Listed $52,900 MLSNOW

Property tax history

+0.8%/yr

Latest (2025): $1,040 · -11.9% YoY. Source: county tax records.