1514 Thalia Ave · Youngstown, OH 44514

$125,000

3 bd · 1.0 ba · 1,128 sqft · SingleFamily public records · 197 Days on market

Built 1958 7,492 sqft lot Est $138k · 9% 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 +24.6/30.0
• ARV discount +11.6/15.0
• DSCR +7.9/10.0
• 1% rule +5.5/10.0
• 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

Three bedroom cape cod with two bedrooms on the main floor and one upstairs that could be split in two if needed. Large partially fenced backyard, carport, shed, and new roof complete tear off in 2022.

Key facts

• Tiled walk-in shower
• Remodeled bathroom
• New carpet

Tags

• REMODELED BATHROOM
• TILED WALK-IN SHOWER
• UPDATED KITCHEN
• NEW CARPET
• FRESH PAINT ON THE EXTERIOR

Property features AI

Finance

• Other: Home warranty included
• Financial info: Annual taxes listed (see broker for details)

Exterior

• Parking: No garage; unpaved parking
• Utilities: Public water service; Public sewer
• Home design: Single-story home; Entry level on main floor
• Construction: Aluminum siding; Asphalt/fiberglass roof; Slab foundation; Built according to public records
• Exterior features: Public water; Public sewer; Lot approximately 0.172 acres

Interior

• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Forced-air gas heating
• Interior features: 5 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $257 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 7.0% in Youngstown — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: 155 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 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 197 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 18y 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 $42k; list at $125k implies a 200% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $110,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 197 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 1958 — 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: 1.05% ✓
• Cap rate: 8.76%
• Cash-on-cash: 8.83%
• DSCR: 1.39
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $137,616
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1720 Sequoya Dr	0.22mi	3/2.0	1,044 (-7%)	4mo	$168,000	$161	70
1562 Medford Ave	0.47mi	3/1.0	1,170 (+4%)	3mo	$129,156	$110	69
1928 Palo Verde Dr	0.45mi	3/1.0	1,074 (-5%)	3mo	$130,000	$121	69
1654 Thalia Ave	0.25mi	3/1.0	984 (-13%)	3mo	$56,250	$57	65
1830 Halbert Dr	0.49mi	3/1.5	1,168 (+4%)	6mo	$182,500	$156	64
1646 Everett Ave	0.64mi	4/1.0 (+1)	1,152 (+2%)	3mo	$100,000	$87	59
5522 Sheridan Rd	0.70mi	3/1.0	1,084 (-4%)	3mo	$225,000	$208	58
2002 Bancroft Ave	0.59mi	3/2.0	1,080 (-4%)	4mo	$131,500	$122	58
1633 Everett Ave	0.60mi	3/1.0	1,202 (+7%)	5mo	$125,000	$104	57
1925 Weston Ave	0.65mi	3/1.0	1,227 (+9%)	1mo	$89,000	$73	54
1919 Wingate Rd	0.69mi	3/2.0	1,190 (+6%)	5mo	$170,000	$143	51
1737 Halbert Dr	0.50mi	3/1.0	960 (-15%)	3mo	$167,000	$174	50

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: -3.0%
• Equity multiple: 0.89×
• Total profit: $-3,891
• Equity at exit: $18,638

10-year hold

• IRR: 6.7%
• Equity multiple: 1.50×
• Total profit: $17,588
• Equity at exit: $10,808

Cash invested: $35,000 (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 44514

• Home prices YoY: -23.8%
• Active inventory: 155
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,308 high
• Mortgage (P&I): −$656
• Tax from tax record: −$68 /mo · $817/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $257

Break-even live

Break-even rent $982

Max offer price $125,000

Occupancy floor 75%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
929 Cook Ave Unit 1 Youngstown, OH	2.0	1.0	700	$850	$1.21	43d	1	0.82mi
610 Elm St Struthers, OH	3.0	1.0	1050	$1,500	$1.43	13d	1	0.84mi
1803 Pointview Ave Youngstown, OH	2.0	1.0	950	$1,000	$1.05	43d	1	0.85mi
1914 S Heights Ave Youngstown, OH	3.0	1.0	1115	$1,950	$1.75	43d	1	0.86mi
851 Cook Ave Unit 4 Youngstown, OH	2.0	1.0	1050	$800	$0.76	43d	1	0.89mi
3446 Ambert Ave Youngstown, OH	4.0	1.0	1100	$1,250	$1.14	13d	1	1.02mi
457 Mathews Rd Boardman, OH	3.0	1.0	1200	$1,300	$1.08	43d	1	1.16mi
6300 South Ave Youngstown, OH	1.0–2.0	1.0–2.0	743	$950	$1.28	13d	1	1.17mi
2523 E Midlothian Blvd Apt 5 Struthers, OH	2.0	1.0	750	$800	$1.07	13d	1	1.18mi
413 Mathews Rd Boardman, OH	2.0	1.0	1000	$1,200	$1.20	43d	1	1.23mi
158 Beechwood Dr Youngstown, OH	3.0	1.5	1438	$1,100	$0.76	13d	1	1.41mi

Listing history 25 events

1. 2026-06-19
   days on market $125,000 Active 197 DOM
2. 2026-06-18
   days on market $125,000 Active 196 DOM
3. 2026-06-17
   days on market $125,000 Active 195 DOM
4. 2026-06-16
   days on market $125,000 Active 194 DOM
5. 2026-06-15
   days on market $125,000 Active 193 DOM
6. 2026-06-14
   days on market $125,000 Active 191 DOM
7. 2026-06-13
   days on market $125,000 Active 190 DOM
8. 2026-06-10
   days on market $125,000 Active 188 DOM
9. 2026-06-09
   days on market $125,000 Active 187 DOM
10. 2026-06-08
    days on market $125,000 Active 186 DOM
11. 2026-06-07
    days on market $125,000 Active 185 DOM
12. 2026-06-03
    days on market $125,000 Active 181 DOM
13. 2026-06-02
    days on market $125,000 Active 180 DOM
14. 2026-06-01
    days on market $125,000 Active 179 DOM
15. 2026-05-31
    days on market $125,000 Active 178 DOM
16. 2026-05-30
    days on market $125,000 Active 177 DOM
17. 2026-03-06
    price $125,000
18. 2025-12-03
    listed $130,000 Active
19. 2023-11-30
    soldstatus $41,700 Closed 201-char remark

    Show marketing remark (201 chars)

    Three bedroom cape cod with two bedrooms on the main floor and one upstairs that could be split in two if needed. Large partially fenced backyard, carport, shed, and new roof complete tear off in 2022.

20. 2023-11-19
    status Pending 201-char remark

    Show marketing remark (201 chars)

    Three bedroom cape cod with two bedrooms on the main floor and one upstairs that could be split in two if needed. Large partially fenced backyard, carport, shed, and new roof complete tear off in 2022.

21. 2023-11-16
    listed $49,999 Active 201-char remark

    Show marketing remark (201 chars)

    Three bedroom cape cod with two bedrooms on the main floor and one upstairs that could be split in two if needed. Large partially fenced backyard, carport, shed, and new roof complete tear off in 2022.

22. 2011-06-24
    soldstatus $11,050 131-char remark

    Show marketing remark (131 chars)

    Alum/ frame cape with rear enclosed porch and utility room. Covered carport, rear fenced yard and shed. Finished 2nd floor bedroom.

23. 2011-05-25
    listed $10,500 131-char remark

    Show marketing remark (131 chars)

    Alum/ frame cape with rear enclosed porch and utility room. Covered carport, rear fenced yard and shed. Finished 2nd floor bedroom.

24. 2008-08-13
    historical
25. 2008-08-12
    listed $68,900

ⓘ 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: $817 · $68/mo
• Projected year-2 tax: $1,383 · $115/mo
• Expected delta: +$567/yr (+$47/mo · 69.4%)

ⓘ 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: $15,693
• − Mortgage interest: −$7,002
• − Property taxes: −$817
• − Insurance: −$625
• − Repairs & maintenance: −$1,255
• − Management: −$1,255
• − Depreciation: −$3,636
• Taxable income: $1,102
• Est. tax owed @ 24.0%: −$265
• After-tax cash flow: $2,825/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): 23,917
• Household income: $79,808
• Rent vs Own: 15.2% rent · 84.8% own
• Severe rent burden: 411.0

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: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 4% Hispanic / Latino 3% Black 2%
• Common ancestry: Romanian 6% Slovak 2% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Other Indo-European 2% 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: ▼ -65.78%
• Current HPI: 210.5511
• 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

+81.4% since first listed

9 events — show timeline

• 2026-03-06 Price Changed $125,000 MLSNOW
• 2025-12-03 Listed $130,000 MLSNOW
• 2023-11-30 Sold (MLS) $41,700 MLSNOW
• 2023-11-19 Pending — MLSNOW
• 2023-11-16 Listed $49,999 MLSNOW
• 2011-06-24 Sold (MLS) $11,050 MLSNOW
• 2011-05-25 Listed $10,500 MLSNOW
• 2008-08-13 Listing Removed — MLSNOW
• 2008-08-12 Listed $68,900 MLSNOW

Property tax history

+1.4%/yr

Latest (2025): $817 · +10.8% YoY. Source: county tax records.