308 Arlington Blvd · Newton Falls, OH 44444

$135,000

3 bd · 1.0 ba · 1,262 sqft · SingleFamily public records · 3 Days on market

Built 1918 6,250 sqft lot Est $162k · 16% under

---

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 +17.1/30.0
• ARV discount +14.9/15.0
• DSCR +5.3/10.0
• 1% rule +4.3/10.0
• Schools +3.7/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Step into timeless charm with this beautiful century home in the heart of Newton Falls! Filled with character and original hardwood floors throughout, this home offers the perfect blend of historic charm and modern convenience. The spacious kitchen is a cook's dream featuring granite countertops, abundant cabinetry, and a dedicated coffee bar. Enjoy relaxing evenings on the rear patio overlooking the fenced backyard, ideal for pets, play, or entertaining. The updated full bathroom features new luxury vinyl flooring, while the generously sized bedrooms provide comfort and flexibility for any lifestyle. A large walk-up attic offers incredible storage space or potential for future expansion. C

Key facts

• Dedicated coffee bar
• Spacious kitchen
• Granite countertops

Tags

• ORIGINAL HARDWOOD FLOORS
• SPACIOUS KITCHEN
• GRANITE COUNTERTOPS
• DEDICATED COFFEE BAR
• REAR PATIO
• FENCED BACKYARD

Property features AI

Exterior

• Parking: Gravel parking
• Utilities: Public water; Public sewer
• Home design: Vinyl siding exterior
• Construction: Block foundation; Asphalt fiberglass roof; Built according to public records
• Exterior features: Back yard fencing; Shed(s) on property

Interior

• Kitchen: Microwave; Range; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (gas); Central air conditioning
• Interior features: Updated/remodeled condition; Basement present; Total of 6 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $95 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $125k (7.2% below list).
• Recommended offer: $125k (7.2% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 4.5% in Newton Falls — 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 66/100 on livability (#636 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-, crime B; Watch: amenities F, commute F, employment F.
• Newton Falls Exempted Village (suburban): math 38% / reading 50% proficiency, ranked #505 of 656 in OH (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Newton Falls Elementary School (math 57% / reading 52%, grade C, #788 of 1,584 statewide, top 52%, 266 students, 0% FRL); Newton Falls Junior High School (math 33% / reading 44%, grade F, #529 of 654 statewide, top 81%, 236 students, 0% FRL); Newton Falls High School (math 27% / reading 52%, grade F, #528 of 781 statewide, top 71%, 259 students, 88% FRL).
• Market conditions: 31 active listings in the ZIP; 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 $933 of loan paydown is wiped out by about $4k 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $88k; list at $135k implies a 54% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1918 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $125,279 (7.2% below list)

Questions for the listing agent

1. Built in 1918 — 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. 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.
4. 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.
5. 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: 0.93% ✗
• Cap rate: 7.14%
• Cash-on-cash: 3.01%
• DSCR: 1.13
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $161,536
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
329 E Broad St	0.10mi	3/1.0	1,260 (-0%)	10mo	$135,500	$108	87
348 E Broad St	0.14mi	3/1.5	1,296 (+3%)	10mo	$170,000	$131	79
517 Ophelia St	0.40mi	3/1.0	1,172 (-7%)	3mo	$166,000	$142	67
256 Woodland St	0.23mi	3/1.0	1,405 (+11%)	9mo	$180,000	$128	63
32 Orchard St	0.65mi	3/1.0	1,252 (-1%)	7mo	$145,000	$116	62
228 Superior St	0.19mi	2/2.0 (-1)	1,128 (-11%)	10mo	$167,000	$148	56
30 E Jay St	0.33mi	3/3.0	1,398 (+11%)	3mo	$180,500	$129	56
123 W Church St	0.65mi	3/1.0	1,162 (-8%)	2mo	$140,000	$120	55
710 Russell St	0.53mi	3/1.5	1,108 (-12%)	1mo	$76,000	$69	52
1054 Water St	0.64mi	3/1.0	1,146 (-9%)	8mo	$75,000	$65	48
4409 Ophelia St	0.63mi	2/1.0 (-1)	1,132 (-10%)	1mo	$132,000	$117	47
4374 Richmond Ave	0.73mi	3/1.0	1,086 (-14%)	5mo	$220,000	$203	39

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: -11.6%
• Equity multiple: 0.58×
• Total profit: $-15,837
• Equity at exit: $20,129

10-year hold

• IRR: -2.4%
• Equity multiple: 0.84×
• Total profit: $-6,027
• Equity at exit: $11,672

Cash invested: $37,800 (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 44444

• Home prices YoY: -12.0%
• Active inventory: 31
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,253 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$131 /mo · $1,567/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $95

Break-even live

Break-even rent $1,133

Max offer price $135,000

Occupancy floor 87%

Sensitivity live

Price	-10% $171	-5% $133	+0% $95	+5% $57	+10% $18
Rent	-10% $-4	-5% $45	+0% $95	+5% $144	+10% $194
Rate	-1.0pp $163	-0.5pp $129	base $95	+0.5pp $60	+1.0pp $24

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-06-21
   days on market $135,000 Active 3 DOM
2. 2026-06-21
   days on market $135,000 Active 2 DOM
3. 2026-06-18
   remarks 699-char remark
4. 2026-06-18
   listed $135,000 Active 1 DOM

ⓘ 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: $1,567 · $131/mo
• Projected year-2 tax: $1,837 · $153/mo
• Expected delta: +$269/yr (+$22/mo · 17.2%)

ⓘ 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 ≥97°F today · 18 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: $15,033
• − Mortgage interest: −$7,562
• − Property taxes: −$1,567
• − Insurance: −$675
• − Repairs & maintenance: −$1,203
• − Management: −$1,203
• − Depreciation: −$3,927
• Taxable loss: −$1,104
• Est. tax savings @ 24.0%: +$265
• After-tax cash flow: $1,404/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: Newton Falls Exempted Village
• NCES district ID: 3904556
• Math proficiency: 38% ▼ -27.00%
• Reading proficiency: 50% ▼ -15.00%
• Median HH income: $42,358
• Composite: 37.04/100
• National rank: #4513
• State rank: #505 of 656 in OH

Livability — Newton Falls

• Score: 66/100
• State rank: #636
• US rank: #11218

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newton Falls, OH
• County: Trumbull · 193,293 people
• Metro: Youngstown-Warren, OH
• Population (ZIP): 9,306
• Household income: $61,580
• Rent vs Own: 29.1% rent · 70.9% own
• Severe rent burden: 16.0

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 (95%)
• Race & ethnicity: White 95% Black 2% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Romanian 3% Scottish 2% Lithuanian 1%
• Foreign-born: 1% · South Korea

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: ▼ -29.00%
• Current HPI: 213.331
• 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

+275.0% since first listed

5 events — show timeline

• 2026-06-18 Listed $135,000 MLSNOW
• 2021-11-12 Sold (Public Records) $87,500 Public Records
• 2014-09-15 Sold (Public Records) $30,100 Public Records
• 1997-11-21 Sold (Public Records) $53,000 Public Records
• 1989-10-12 Sold (Public Records) $36,000 Public Records

Property tax history

+4.9%/yr

Latest (2025): $1,567 · +0.7% YoY. Source: county tax records.