220 Carnegie Ave · Austintown, OH 44515

$149,900

3 bd · 1.0 ba · 1,600 sqft · SingleFamily public records · 23 Days on market

Built 1952 5,619 sqft lot Est $173k · 13% 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 +18.3/30.0
• ARV discount +13.5/15.0
• DSCR +5.7/10.0
• Schools +5.1/10.0
• 1% rule +4.5/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Fantastic opportunity! This updated ranch-style home features a remodeled kitchen with brand-new cabinets, countertops, sink, and faucet. Enjoy new laminate flooring throughout and fresh interior paint. The bathroom has been remodeled. The home also includes an attached storage area, a covered back patio, and a fenced backyard—perfect for outdoor living. A two-car garage completes the package. Make this house your home today!

Key facts

• Remodeled bathroom
• Remodeled kitchen
• Covered back patio

Tags

• REMODELED KITCHEN
• NEW LAMINATE FLOORING
• REMODELED BATHROOM
• ATTACHED STORAGE AREA
• COVERED BACK PATIO
• FENCED BACKYARD

Property features AI

Exterior

• Parking: Attached garage with 2 parking spaces; Garage parking
• Utilities: Public water; Public sewer
• Home design: Single-story home
• Construction: Aluminum siding; Asphalt roof
• Exterior features: Lot approximately 0.129 acres

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: Three main-level bedrooms (all on the first floor)
• Flooring: Laminate flooring in living room, bonus room, and bedrooms
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Central air conditioning; Forced air heating (gas)
• Interior features: Six total rooms; Bonus room on main level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $136 ($2k/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 $142k (5.2% below list).
• Recommended offer: $142k (5.2% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 4.8% in Austintown — 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 (#322 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A; Watch: amenities F, commute F, employment D-.
• Austintown Local Schools (suburban): math 56% / reading 65% proficiency, ranked #290 of 656 in OH (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 84 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($53k/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 $1k of loan paydown is wiped out by about $4k 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 23 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $51k; list at $150k implies a 194% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $142,064 (5.2% below list)

Questions for the listing agent

1. Built in 1952 — 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. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.95% ✗
• Cap rate: 7.38%
• Cash-on-cash: 3.90%
• DSCR: 1.17
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $172,800
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
220 Carnegie Ave	0.00mi	3/1.0	1,600 (0%)	1mo	$159,900	$100	99
262 Idlewood Rd	0.38mi	4/1.0 (+1)	1,632 (+2%)	3mo	$185,000	$113	72
339 Westminster Ave	0.23mi	3/1.0	1,414 (-12%)	0mo	$62,500	$44	69
3915 Mahoning Ave	0.46mi	3/1.5	1,536 (-4%)	3mo	$172,000	$112	67
102 S Main St	0.59mi	3/1.0	1,498 (-6%)	1mo	$185,000	$123	61
132 S Main St	0.65mi	3/1.0	1,452 (-9%)	0mo	$110,000	$76	54
76 Parkgate Ave	0.56mi	4/1.0 (+1)	1,527 (-5%)	10mo	$165,000	$108	53
192 S Navarre Ave	0.73mi	3/2.0	1,518 (-5%)	5mo	$167,750	$111	49
136 Rosemont Ave	0.66mi	3/1.5	1,438 (-10%)	2mo	$126,000	$88	49
119 S Beverly Ave	0.69mi	3/2.0	1,432 (-10%)	4mo	$165,000	$115	43
47 S Beverly Ave	0.58mi	4/1.0 (+1)	1,403 (-12%)	6mo	$75,000	$53	42
126 S Edgehill Ave	0.66mi	3/1.0	1,392 (-13%)	6mo	$146,000	$105	42

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: -10.2%
• Equity multiple: 0.63×
• Total profit: $-15,613
• Equity at exit: $22,351

10-year hold

• IRR: -0.8%
• Equity multiple: 0.94×
• Total profit: $-2,447
• Equity at exit: $12,961

Cash invested: $41,972 (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 44515

• Home prices YoY: -26.4%
• Active inventory: 84
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,421 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$137 /mo · $1,648/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $136

Break-even live

Break-even rent $1,248

Max offer price $149,900

Occupancy floor 85%

Sensitivity live

Price	-10% $221	-5% $179	+0% $136	+5% $94	+10% $52
Rent	-10% $24	-5% $80	+0% $136	+5% $193	+10% $249
Rate	-1.0pp $212	-0.5pp $175	base $136	+0.5pp $98	+1.0pp $58

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
131 N Edgehill Ave Youngstown, OH	3.0	1.0	1200	$1,350	$1.12	21d	1	0.24mi
155 N Roanoke Ave Youngstown, OH	3.0	1.5	1632	$1,500	$0.92	21d	1	0.24mi
2624 Oakwood Ave Unit 2632 Youngstown, OH	3.0	1.0	1064	$850	$0.80	21d	1	1.29mi
4494 Burkey Rd Youngstown, OH	3.0	1.5	1596	$1,700	$1.07	44d	1	1.45mi

Listing history 4 events

1. 2026-04-24
   status Pending
2. 2026-04-10
   price $149,900
3. 2026-04-01
   listed $159,900 Active
4. 2023-01-31
   soldstatus $51,000

ⓘ 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: $1,648 · $137/mo
• Projected year-2 tax: $1,993 · $166/mo
• Expected delta: +$345/yr (+$29/mo · 20.9%)

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,048
• − Mortgage interest: −$8,397
• − Property taxes: −$1,648
• − Insurance: −$750
• − Repairs & maintenance: −$1,364
• − Management: −$1,364
• − Depreciation: −$4,361
• Taxable loss: −$835
• Est. tax savings @ 24.0%: +$200
• After-tax cash flow: $1,837/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: Austintown Local Schools
• NCES district ID: 3904829
• Math proficiency: 56% ▼ -12.00%
• Reading proficiency: 65% ▼ -7.00%
• Median HH income: $45,129
• Composite: 50.99/100
• National rank: #1778
• State rank: #290 of 656 in OH

Livability — Austintown

• Score: 73/100
• State rank: #322
• US rank: #5290

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Austintown, OH
• County: Mahoning · 224,175 people
• City population: 27,740
• Metro: Youngstown-Warren, OH
• Population (ZIP): 27,740
• Household income: $52,831
• Rent vs Own: 34.7% rent · 65.3% own
• Severe rent burden: 10.9

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 (83%)
• Race & ethnicity: White 83% Black 8% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Romanian 3% Slovak 2% Lithuanian 1%
• Foreign-born: 2%
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 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: ▼ -81.64%
• Current HPI: 228.0895
• 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

+193.9% since first listed

4 events — show timeline

• 2026-04-24 Pending — MLSNOW
• 2026-04-10 Price Changed $149,900 MLSNOW
• 2026-04-01 Listed $159,900 MLSNOW
• 2023-01-31 Sold (Public Records) $51,000 Public Records

Property tax history

+7.1%/yr

Latest (2025): $1,648 · +4.4% YoY. Source: county tax records.