355 E Oregon Ave · Sebring, OH 44672

$69,995

3 bd · 1.0 ba · 1,412 sqft · SingleFamily public records · 37 Days on market

Built 1911 7,492 sqft lot $50/sqft · 26% below area Est $95k · 26% 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 +19.9/30.0
• ARV discount +15.0/15.0
• DSCR +6.3/10.0
• 1% rule +4.3/10.0
• Schools +4.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is a Fannie Mae HomePath property. 3 bedroom home with enclosed porch.

Key facts

• 7,492 sq ft lot
• Built 1911
• Listed 37 days

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public sewer; Public water
• Home design: Single-story home; Fixer condition; Entry level: first floor
• Construction: Built (year source: public records); Frame construction; Block foundation; Shingle roof
• Exterior features: Public sewer; Public water

Interior

• Kitchen: Kitchen on main level
• Bedrooms: 3 main-level bedrooms
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Central air conditioning
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $84 ($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 $65k (7.1% below list).
• Recommended offer: $65k (7.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 63/100 on livability (#827 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools C-, amenities F, commute F.
• Sebring Local (town): math 48% / reading 54% proficiency, ranked #438 of 656 in OH (top 67%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 17 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).
• This rent is only 16% of the median local income ($50k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $484 of loan paydown is wiped out by about $2k 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.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 30y ago; this cycle's ask has dropped $10k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $15k; list at $70k implies a 370% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1911 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $65,000 (7.1% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
2. Built in 1911 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.93% ✗
• Cap rate: 7.74%
• Cash-on-cash: 5.17%
• DSCR: 1.23
• GRM: 9.0

CMA / ARV

• ARV (median comp): $95,129
• List price: $69,995
• Delta: -26.42%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
225 W Ohio Ave	0.42mi	3/1.0	1,400 (-1%)	0mo	$60,100	$43	78
245 E Maryland Ave	0.19mi	3/1.0	1,496 (+6%)	4mo	$25,000	$17	78
195 E Pennsylvania Ave	0.20mi	3/1.0	1,232 (-13%)	2mo	$172,000	$140	68
696 E Ohio Ave	0.27mi	3/1.0	1,248 (-12%)	0mo	$194,468	$156	68
155 E Michigan Ave	0.43mi	4/1.0 (+1)	1,320 (-6%)	2mo	$170,000	$129	63
425 N 17th St	0.54mi	3/1.5	1,344 (-5%)	4mo	$162,500	$121	62
540 S 15th St	0.59mi	3/1.0	1,335 (-6%)	2mo	$90,000	$67	62
324 S 15th St	0.48mi	3/2.5	1,509 (+7%)	2mo	$167,500	$111	58
455 W Maryland Ave	0.68mi	3/1.5	1,344 (-5%)	1mo	$160,000	$119	57
286 W Maryland Ave	0.50mi	3/1.0	1,243 (-12%)	5mo	$110,000	$88	53
145 N 17th St	0.51mi	3/1.0	1,592 (+13%)	7mo	$144,200	$91	49
406 W Indiana Ave	0.66mi	3/2.0	1,584 (+12%)	1mo	$87,000	$55	44

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: -8.3%
• Equity multiple: 0.69×
• Total profit: $-5,987
• Equity at exit: $10,436

10-year hold

• IRR: 1.2%
• Equity multiple: 1.08×
• Total profit: $1,617
• Equity at exit: $6,052

Cash invested: $19,599 (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 44672

• Home prices YoY: -14.6%
• Active inventory: 17
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $650 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$33 /mo · $394/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$136
• Net cashflow: $84

Break-even live

Break-even rent $543

Max offer price $69,995

Occupancy floor 82%

Sensitivity live

Price	-10% $124	-5% $104	+0% $84	+5% $65	+10% $45
Rent	-10% $33	-5% $59	+0% $84	+5% $110	+10% $136
Rate	-1.0pp $120	-0.5pp $102	base $84	+0.5pp $66	+1.0pp $48

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: $17,499
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
836 S 13th St Unit 236 Alabama 11 Sebring, OH	2.0	1.0	900	$650	$0.72	14d	1	0.76mi

Listing history 27 events

1. 2026-06-18
   days on market $69,995 Active 37 DOM
2. 2026-06-17
   days on market $69,995 Active 36 DOM
3. 2026-06-16
   days on market $69,995 Active 35 DOM
4. 2026-06-15
   days on market $69,995 Active 34 DOM
5. 2026-06-14
   days on market $69,995 Active 32 DOM
6. 2026-06-13
   days on market $69,995 Active 31 DOM
7. 2026-06-10
   days on market $69,995 Active 29 DOM
8. 2026-06-09
   days on market $69,995 Active 28 DOM
9. 2026-06-08
   days on market $69,995 Active 27 DOM
10. 2026-06-07
    days on market $69,995 Active 26 DOM
11. 2026-06-05
    pricedays on market $69,995 Active 23 DOM
12. 2026-06-02
    days on market $79,995 Active 21 DOM
13. 2026-06-01
    days on market $79,995 Active 20 DOM
14. 2026-05-31
    days on market $79,995 Active 19 DOM
15. 2026-05-30
    days on market $79,995 Active 18 DOM
16. 2026-05-12
    listed $79,995 Active 520-char remark
17. 2012-08-09
    soldstatus $14,900 75-char remark

    Show marketing remark (75 chars)

    This is a Fannie Mae HomePath property. 3 bedroom home with enclosed porch.

18. 2012-06-08
    listed $14,900 75-char remark

    Show marketing remark (75 chars)

    This is a Fannie Mae HomePath property. 3 bedroom home with enclosed porch.

19. 2006-01-20
    soldstatus $44,500
20. 2006-01-19
    soldstatus $44,500

    Show marketing remark (36 chars)

    Clean as can be, ready for new owner

21. 2005-07-25
    listed $49,900

    Show marketing remark (36 chars)

    Clean as can be, ready for new owner

22. 2004-12-16
    historical
23. 2004-06-16
    listed $49,900
24. 2000-06-12
    listed $38,900
25. 1996-12-06
    soldstatus $45,000
26. 1996-04-26
    listed $48,500
27. 1986-09-24
    soldstatus $30,000

ⓘ 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: $394 · $33/mo
• Projected year-2 tax: $743 · $62/mo
• Expected delta: +$349/yr (+$29/mo · 88.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°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: $7,800
• − Mortgage interest: −$3,921
• − Property taxes: −$394
• − Insurance: −$350
• − Repairs & maintenance: −$624
• − Management: −$624
• − Depreciation: −$2,036
• Taxable loss: −$149
• Est. tax savings @ 24.0%: +$36
• After-tax cash flow: $1,049/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: Sebring Local
• NCES district ID: 3904835
• Math proficiency: 48% ▼ -4.00%
• Reading proficiency: 54% ▼ -2.00%
• Median HH income: $38,488
• Composite: 42.5/100
• National rank: #3207
• State rank: #438 of 656 in OH

Livability — Sebring

• Score: 63/100
• State rank: #827
• US rank: #15374

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sebring, OH
• County: Mahoning · 224,175 people
• City population: 4,741
• Metro: Youngstown-Warren, OH
• Population (ZIP): 4,741
• Household income: $49,835
• Rent vs Own: 50.1% rent · 49.9% own
• Severe rent burden: 20.1

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: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 6% Hispanic / Latino 2%
• Common ancestry: Slovak 4% Iranian 3% Romanian 3%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -38.88%
• Current HPI: 227.2518
• 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

+133.3% since first listed

13 events — show timeline

• 2026-06-03 Price Changed $69,995 MLSNOW
• 2026-05-12 Listed $79,995 MLSNOW
• 2012-08-09 Sold (MLS) $14,900 MLSNOW
• 2012-06-08 Listed $14,900 MLSNOW
• 2006-01-20 Sold (Public Records) $44,500 Public Records
• 2006-01-19 Sold (MLS) $44,500 MLSNOW
• 2005-07-25 Listed $49,900 MLSNOW
• 2004-12-16 Listing Removed — MLSNOW
• 2004-06-16 Listed $49,900 MLSNOW
• 2000-06-12 Listed $38,900 MLSNOW
• 1996-12-06 Sold (Public Records) $45,000 Public Records
• 1996-04-26 Listed $48,500 MLSNOW
• 1986-09-24 Sold (Public Records) $30,000 Public Records

Property tax history

-2.9%/yr

Latest (2025): $394 · -3.5% YoY. Source: county tax records.