703 Palmer Ave · Youngstown, OH 44502

$140,000

3 bd · 2.0 ba · 1,606 sqft · SingleFamily public records · 81 Days on market

Built 1955 6,751 sqft lot Est $103k · 36% over

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Why this score? — see what drove the D 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 +16.9/30.0
• Appreciation +5.9/10.0
• DSCR +5.3/10.0
• Livability +4.0/5.0
• 1% rule +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

HGTV came to Y town! best opportunity in the city. See if you qualify for Youngstown city financing Program with no PMI No Down Payment for qualified buyer. 4 Bedrooms 2 Full Baths. 1 New Bath 1 updated. Brand New Kitchen, New Floors, New Electrical, New fixtures, new lights, full basement, 2 car attached Garage, commercial grade epoxy coated flooring in garage and porches. smart home features include blink doorbell and blink floodlight camera. Call us today for showing and loan information to see if you qualify

Key facts

• 6,751 sq ft lot
• 2 garage spots
• Built 1955

Property features AI

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public water; Public sewer
• Home design: Two-story house
• Construction: Built (year per public records); Asphalt roof; Aluminum, vinyl and wood siding
• Exterior features: Small lot (about 0.155 acres)

Interior

• Kitchen: Kitchen on the first level
• Bedrooms: Two main-level bedrooms; Two second-level bedrooms
• Bathrooms: Two full bathrooms; One main-level bathroom
• Heating & cooling: Central air conditioning; Forced-air gas heating
• Interior features: Partially finished basement; Updated/remodeled condition

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $93 ($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 $121k (13.8% below list).
• Recommended offer: $121k (13.8% below list) — sets the bar for 1% rule.

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: 45 active listings in the ZIP; 7 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).
• At $1,207/mo this rent would consume 46% of the median local household income ($31k/yr) (locally 566% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $3k of equity ($968 loan paydown + $2k appreciation (1.8% local appreciation)).
• Mahoning County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.8% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~7 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 81 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 24y 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.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $120,721 (13.8% below list)

Questions for the listing agent

1. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.86% ✗
• Cap rate: 7.09%
• Cash-on-cash: 2.83%
• DSCR: 1.13
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $102,784
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
857 E Boston Ave	0.40mi	3/2.0	1,590 (-1%)	5mo	$87,900	$55	75
3919 Rush Blvd	0.41mi	4/2.0 (+1)	1,510 (-6%)	3mo	$154,000	$102	64
579 Roxbury Ave	0.06mi	3/1.0	1,396 (-13%)	13mo	$60,000	$43	60
311 E Lucius	0.38mi	3/2.0	1,479 (-8%)	13mo	$31,500	$21	58
3946 Sunset Dr	0.35mi	3/1.0	1,452 (-10%)	8mo	$130,000	$90	56
939 E Florida Ave	0.58mi	3/1.0	1,505 (-6%)	6mo	$87,000	$58	53
4019 Euclid Blvd	0.42mi	4/2.0 (+1)	1,776 (+11%)	10mo	$169,950	$96	50
726 Orlo Ln	0.71mi	3/1.5	1,731 (+8%)	10mo	$165,000	$95	44
354 E Indianola Ave	0.70mi	4/1.5 (+1)	1,552 (-3%)	13mo	$65,000	$42	44
190 Lowell Ave	0.71mi	4/2.5 (+1)	1,522 (-5%)	15mo	$40,000	$26	38
2803 Shady Run Rd	0.70mi	3/1.5	1,428 (-11%)	16mo	$125,000	$88	34
4307 Rush Blvd	0.64mi	4/1.5 (+1)	1,796 (+12%)	15mo	$114,050	$64	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.78% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 6.6%
• Equity multiple: 1.35×
• Total profit: $13,860
• Equity at exit: $53,535

10-year hold

• IRR: 10.2%
• Equity multiple: 2.34×
• Total profit: $52,620
• Equity at exit: $75,818

Cash invested: $39,200 (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 44502

• Home prices YoY: 0.7%
• Active inventory: 45
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,207 high
• Mortgage (P&I): −$734
• Tax from tax record: −$69 /mo · $824/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $93

Break-even live

Break-even rent $1,090

Max offer price $140,000

Occupancy floor 87%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
512 E Philadelphia Ave Unit 1 Youngstown, OH	2.0	1.0	1200	$899	$0.75	21d	1	0.41mi
236 Hilton Ave Youngstown, OH	4.0	1.5	1488	$1,195	$0.80	21d	1	0.44mi
540 Cameron Ave Youngstown, OH	4.0	2.0	1780	$1,300	$0.73	21d	1	0.99mi
3446 Ambert Ave Youngstown, OH	4.0	1.0	1100	$1,250	$1.14	13d	1	1.01mi
158 Beechwood Dr Youngstown, OH	3.0	1.5	1438	$1,100	$0.76	13d	1	1.06mi
1914 S Heights Ave Youngstown, OH	3.0	1.0	1115	$1,950	$1.75	43d	1	1.21mi
4807 Sheridan Rd Youngstown, OH	3.0	1.5	1586	$1,750	$1.10	13d	1	1.43mi

Listing history 42 events

1. 2026-06-19
   days on market $140,000 Active 81 DOM
2. 2026-06-18
   days on market $140,000 Active 80 DOM
3. 2026-06-17
   days on market $140,000 Active 79 DOM
4. 2026-06-16
   days on market $140,000 Active 78 DOM
5. 2026-06-15
   days on market $140,000 Active 77 DOM
6. 2026-06-14
   days on market $140,000 Active 75 DOM
7. 2026-06-13
   days on market $140,000 Active 74 DOM
8. 2026-06-10
   days on market $140,000 Active 72 DOM
9. 2026-06-09
   days on market $140,000 Active 71 DOM
10. 2026-06-08
    days on market $140,000 Active 70 DOM
11. 2026-06-07
    days on market $140,000 Active 69 DOM
12. 2026-06-03
    days on market $140,000 Active 65 DOM
13. 2026-06-02
    days on market $140,000 Active 64 DOM
14. 2026-06-01
    days on market $140,000 Active 63 DOM
15. 2026-05-31
    days on market $140,000 Active 62 DOM
16. 2026-05-30
    days on market $140,000 Active 61 DOM
17. 2026-03-30
    listed $140,000 Active
18. 2025-02-28
    soldstatus $130,000 Closed 517-char remark

    Show marketing remark (517 chars)

    HGTV came to Y town! best opportunity in the city. See if you qualify for Youngstown city financing Program with no PMI No Down Payment for qualified buyer. 4 Bedrooms 2 Full Baths. 1 New Bath 1 updated. Brand New Kitchen, New Floors, New Electrical, New fixtures, new lights, full basement, 2 car attached Garage, commercial grade epoxy coated flooring in garage and porches. smart home features include blink doorbell and blink floodlight camera. Call us today for showing and loan information to see if you qualify

19. 2025-02-28
    soldstatus $130,000

    Show marketing remark (517 chars)

    HGTV came to Y town! best opportunity in the city. See if you qualify for Youngstown city financing Program with no PMI No Down Payment for qualified buyer. 4 Bedrooms 2 Full Baths. 1 New Bath 1 updated. Brand New Kitchen, New Floors, New Electrical, New fixtures, new lights, full basement, 2 car attached Garage, commercial grade epoxy coated flooring in garage and porches. smart home features include blink doorbell and blink floodlight camera. Call us today for showing and loan information to see if you qualify

20. 2025-02-26
    status Pending 517-char remark

    Show marketing remark (517 chars)

    HGTV came to Y town! best opportunity in the city. See if you qualify for Youngstown city financing Program with no PMI No Down Payment for qualified buyer. 4 Bedrooms 2 Full Baths. 1 New Bath 1 updated. Brand New Kitchen, New Floors, New Electrical, New fixtures, new lights, full basement, 2 car attached Garage, commercial grade epoxy coated flooring in garage and porches. smart home features include blink doorbell and blink floodlight camera. Call us today for showing and loan information to see if you qualify

21. 2025-01-23
    historical Contingent 517-char remark

    Show marketing remark (517 chars)

    HGTV came to Y town! best opportunity in the city. See if you qualify for Youngstown city financing Program with no PMI No Down Payment for qualified buyer. 4 Bedrooms 2 Full Baths. 1 New Bath 1 updated. Brand New Kitchen, New Floors, New Electrical, New fixtures, new lights, full basement, 2 car attached Garage, commercial grade epoxy coated flooring in garage and porches. smart home features include blink doorbell and blink floodlight camera. Call us today for showing and loan information to see if you qualify

22. 2025-01-13
    listed $124,900 Active 517-char remark

    Show marketing remark (517 chars)

    HGTV came to Y town! best opportunity in the city. See if you qualify for Youngstown city financing Program with no PMI No Down Payment for qualified buyer. 4 Bedrooms 2 Full Baths. 1 New Bath 1 updated. Brand New Kitchen, New Floors, New Electrical, New fixtures, new lights, full basement, 2 car attached Garage, commercial grade epoxy coated flooring in garage and porches. smart home features include blink doorbell and blink floodlight camera. Call us today for showing and loan information to see if you qualify

23. 2023-09-11
    soldstatus $33,000 Closed 295-char remark

    Show marketing remark (295 chars)

    Discover the hidden potential of this delightful Cape Cod home nestled in the Cochran Park neighborhood. Offering a prime investment opportunity for those with a vision. With its classic architecture and quaint charm, this diamond in the rough presents endless possibilities for the savvy buyer.

24. 2023-09-01
    status Pending 295-char remark

    Show marketing remark (295 chars)

    Discover the hidden potential of this delightful Cape Cod home nestled in the Cochran Park neighborhood. Offering a prime investment opportunity for those with a vision. With its classic architecture and quaint charm, this diamond in the rough presents endless possibilities for the savvy buyer.

25. 2023-08-28
    price $29,500 295-char remark

    Show marketing remark (295 chars)

    Discover the hidden potential of this delightful Cape Cod home nestled in the Cochran Park neighborhood. Offering a prime investment opportunity for those with a vision. With its classic architecture and quaint charm, this diamond in the rough presents endless possibilities for the savvy buyer.

26. 2023-08-16
    status Active 295-char remark

    Show marketing remark (295 chars)

    Discover the hidden potential of this delightful Cape Cod home nestled in the Cochran Park neighborhood. Offering a prime investment opportunity for those with a vision. With its classic architecture and quaint charm, this diamond in the rough presents endless possibilities for the savvy buyer.

27. 2023-08-03
    status Pending 295-char remark

    Show marketing remark (295 chars)

    Discover the hidden potential of this delightful Cape Cod home nestled in the Cochran Park neighborhood. Offering a prime investment opportunity for those with a vision. With its classic architecture and quaint charm, this diamond in the rough presents endless possibilities for the savvy buyer.

28. 2023-07-18
    price $50,000 295-char remark

    Show marketing remark (295 chars)

    Discover the hidden potential of this delightful Cape Cod home nestled in the Cochran Park neighborhood. Offering a prime investment opportunity for those with a vision. With its classic architecture and quaint charm, this diamond in the rough presents endless possibilities for the savvy buyer.

29. 2023-06-28
    price $54,900 295-char remark

    Show marketing remark (295 chars)

    Discover the hidden potential of this delightful Cape Cod home nestled in the Cochran Park neighborhood. Offering a prime investment opportunity for those with a vision. With its classic architecture and quaint charm, this diamond in the rough presents endless possibilities for the savvy buyer.

30. 2023-06-05
    price $59,900 295-char remark

    Show marketing remark (295 chars)

    Discover the hidden potential of this delightful Cape Cod home nestled in the Cochran Park neighborhood. Offering a prime investment opportunity for those with a vision. With its classic architecture and quaint charm, this diamond in the rough presents endless possibilities for the savvy buyer.

31. 2023-06-01
    listed $65,000 Active 295-char remark

    Show marketing remark (295 chars)

    Discover the hidden potential of this delightful Cape Cod home nestled in the Cochran Park neighborhood. Offering a prime investment opportunity for those with a vision. With its classic architecture and quaint charm, this diamond in the rough presents endless possibilities for the savvy buyer.

32. 2010-02-18
    soldstatus $47,000
33. 2009-08-03
    listed $49,900
34. 2009-05-01
    soldstatus $13,995
35. 2009-04-24
    historical
36. 2008-12-31
    listed $19,500
37. 2003-09-18
    soldstatus $38,500
38. 2003-09-12
    soldstatus $38,500
39. 2003-07-16
    historical
40. 2003-04-16
    listed $33,500
41. 2003-01-30
    historical
42. 2002-05-22
    listed $47,900

ⓘ 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: $824 · $69/mo
• Projected year-2 tax: $1,504 · $125/mo
• Expected delta: +$680/yr (+$57/mo · 82.5%)

ⓘ 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 ≥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: $14,487
• − Mortgage interest: −$7,842
• − Property taxes: −$824
• − Insurance: −$700
• − Repairs & maintenance: −$1,159
• − Management: −$1,159
• − Depreciation: −$4,073
• Taxable loss: −$1,270
• Est. tax savings @ 24.0%: +$305
• After-tax cash flow: $1,415/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 County · 84,956 people
• City population: 28,503
• Metro: Youngstown-Warren-Boardman, OH-PA
• Population (ZIP): 9,594
• Household income: $31,170
• Rent vs Own: 51.2% rent · 48.8% own
• Severe rent burden: 566.0

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: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 44% Black 35% Two or more races 12% Hispanic / Latino 11%
• Hispanic origin (detail): Mexican 1% Puerto Rican 9%
• Common ancestry: Romanian 2% Serbian 1% Iranian 1%
• Foreign-born: 4% · Canada
• Languages at home: 91% English-only · Spanish 6% Other Indo-European 1% Arabic 1%

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: ▲ 1.78%
• Current HPI: 246.2163
• 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

+192.3% since first listed

26 events — show timeline

• 2026-03-30 Listed $140,000 MLSNOW
• 2025-02-28 Sold (Public Records) $130,000 Public Records
• 2025-02-28 Sold (MLS) $130,000 MLSNOW
• 2025-02-26 Pending — MLSNOW
• 2025-01-23 Contingent — MLSNOW
• 2025-01-13 Listed $124,900 MLSNOW
• 2023-09-11 Sold (MLS) $33,000 MLSNOW
• 2023-09-01 Pending — MLSNOW
• 2023-08-28 Price Changed $29,500 MLSNOW
• 2023-08-16 Relisted — MLSNOW
• 2023-08-03 Pending — MLSNOW
• 2023-07-18 Price Changed $50,000 MLSNOW
• 2023-06-28 Price Changed $54,900 MLSNOW
• 2023-06-05 Price Changed $59,900 MLSNOW
• 2023-06-01 Listed $65,000 MLSNOW
• 2010-02-18 Sold (MLS) $47,000 MLSNOW
• 2009-08-03 Listed $49,900 MLSNOW
• 2009-05-01 Sold (MLS) $13,995 MLSNOW
• 2009-04-24 Listing Removed — MLSNOW
• 2008-12-31 Listed $19,500 MLSNOW
• 2003-09-18 Sold (Public Records) $38,500 Public Records
• 2003-09-12 Sold (MLS) $38,500 MLSNOW
• 2003-07-16 Listing Removed — MLSNOW
• 2003-04-16 Listed $33,500 MLSNOW
• 2003-01-30 Listing Removed — MLSNOW
• 2002-05-22 Listed $47,900 MLSNOW

Property tax history

+0.2%/yr

Latest (2025): $824 · -11.9% YoY. Source: county tax records.