124 E Midlothian · Youngstown, OH 44507

$75,000

3 bd · 1.0 ba · 1,863 sqft · SingleFamily public records · 89 Days on market

Built 1929 4,399 sqft lot

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +4.6/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0

Listing remarks MLS

Check out the great buy!! This house needs some updates for sure, but at this price how can you pass it up?

Key facts

• Local conveniences
• 4,399 sq ft lot
• Garage

Tags

• LOCAL CONVENIENCES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $486 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $70k (6.0% below list) — sets the bar for market timing.
• Cap rate 14.1% vs local median 7.0% in Youngstown — 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 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: 35 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $1,187/mo this rent would consume 55% of the median local household income ($26k/yr) (locally 17% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-0.8%/yr); year-one equity from $519 of loan paydown is wiped out by about $620 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.
• At projected returns (-0.8% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 89 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y 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 $20k; list at $75k implies a 273% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1929 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $70,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1929 — 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: 1.58% ✓
• Cap rate: 14.08%
• Cash-on-cash: 27.79%
• DSCR: 2.24
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $156,492
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
72 Labelle Ave	0.16mi	4/1.5 (+1)	1,716 (-8%)	1mo	$40,100	$23	72
26 Vermont Ave	0.30mi	4/1.5 (+1)	1,907 (+2%)	16mo	$160,000	$84	61
15 Vermont Ave	0.33mi	4/2.0 (+1)	1,674 (-10%)	5mo	$143,500	$86	55
3412 Hudson Ave	0.62mi	3/1.5	1,716 (-8%)	2mo	$60,250	$35	54
4019 Euclid Blvd	0.47mi	4/2.0 (+1)	1,776 (-5%)	10mo	$169,950	$96	53
4018 Windsor Rd	0.72mi	3/2.5	1,910 (+2%)	4mo	$265,000	$139	53
3135 Idlewood Ave	0.61mi	3/1.5	1,788 (-4%)	14mo	$67,000	$37	51
4307 Rush Blvd	0.52mi	4/1.5 (+1)	1,796 (-4%)	15mo	$114,050	$64	50
123 Prestwick Dr	0.61mi	3/1.5	1,671 (-10%)	8mo	$194,500	$116	46
51 Overhill Rd	0.55mi	4/1.5 (+1)	1,800 (-3%)	20mo	$167,499	$93	45
442 Ferndale Ave	0.67mi	3/2.0	1,773 (-5%)	16mo	$77,000	$43	43
4115 Howard St	0.30mi	4/2.5 (+1)	2,136 (+15%)	9mo	$130,000	$61	43

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

Projected returns pro-forma

-0.83% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.5%
• Equity multiple: 2.23×
• Total profit: $25,893
• Equity at exit: $18,727

10-year hold

• IRR: 31.3%
• Equity multiple: 4.29×
• Total profit: $69,060
• Equity at exit: $20,200

Cash invested: $21,000 (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 44507

• Home prices YoY: -0.3%
• Active inventory: 35
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,187 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$26 /mo · $317/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$249
• Net cashflow: $486

Break-even live

Break-even rent $571

Max offer price $75,000

Occupancy floor 54%

Sensitivity live

Price	-10% $529	-5% $508	+0% $486	+5% $465	+10% $444
Rent	-10% $393	-5% $440	+0% $486	+5% $533	+10% $580
Rate	-1.0pp $524	-0.5pp $505	base $486	+0.5pp $467	+1.0pp $447

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
236 Hilton Ave Youngstown, OH	4.0	1.5	1488	$1,195	$0.80	22d	1	0.31mi
158 Beechwood Dr Youngstown, OH	3.0	1.5	1438	$1,100	$0.76	14d	1	0.65mi
540 Cameron Ave Youngstown, OH	4.0	2.0	1780	$1,300	$0.73	22d	1	1.33mi

Listing history 6 events

1. 2026-02-26
   listed $75,000 Active
2. 2007-11-13
   soldstatus $20,100
3. 2007-09-27
   soldstatus $10,000 107-char remark

   Show marketing remark (107 chars)

   Check out the great buy!! This house needs some updates for sure, but at this price how can you pass it up?

4. 2007-08-06
   listed $12,900 107-char remark

   Show marketing remark (107 chars)

   Check out the great buy!! This house needs some updates for sure, but at this price how can you pass it up?

5. 2007-08-06
   historical

   Show marketing remark (107 chars)

   Check out the great buy!! This house needs some updates for sure, but at this price how can you pass it up?

6. 2007-06-11
   listed $20,000

ⓘ 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: $317 · $26/mo
• Projected year-2 tax: $744 · $62/mo
• Expected delta: +$426/yr (+$36/mo · 134.3%)

ⓘ 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: $14,239
• − Mortgage interest: −$4,201
• − Property taxes: −$317
• − Insurance: −$375
• − Repairs & maintenance: −$1,139
• − Management: −$1,139
• − Depreciation: −$2,182
• Taxable income: $4,885
• Est. tax owed @ 24.0%: −$1,172
• After-tax cash flow: $4,664/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 · 224,175 people
• City population: 28,503
• Metro: Youngstown-Warren, OH
• Population (ZIP): 4,402
• Household income: $25,767
• Rent vs Own: 53.9% rent · 46.1% own
• Severe rent burden: 17.1

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: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 60% White 20% Hispanic / Latino 12% Two or more races 10%
• Hispanic origin (detail): Puerto Rican 10%
• Common ancestry: Subsaharan African 2% Hispanic 2% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 89% English-only · Spanish 10%

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: ▼ -0.83%
• Current HPI: 282.496
• 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

6 events — show timeline

• 2026-02-26 Listed $75,000 MLSNOW
• 2007-11-13 Sold (Public Records) $20,100 Public Records
• 2007-09-27 Sold (MLS) $10,000 MLSNOW
• 2007-08-06 Listing Removed — MLSNOW
• 2007-08-06 Listed $12,900 MLSNOW
• 2007-06-11 Listed $20,000 MLSNOW

Property tax history

+1.3%/yr

Latest (2025): $317 · -11.8% YoY. Source: county tax records.