1962 Bancroft Ave · Youngstown, OH 44514

$110,000

3 bd · 1.5 ba · 1,352 sqft · SingleFamily public records · 161 Days on market

Built 1926 7,492 sqft lot Est $162k · 32% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.7/10.0
• 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

Traditional aluminum sided 2 story home with 1st floor office (possible 4th bedroom) and 3/4 bath. 2nd floor has 3 bedrooms and full bath. Attic storage, partial basement/crawl space, 2 car detached garage and fenced rear yard. Appears to have shared paved drive and furnace does not work.

Key facts

• 7,492 sq ft lot
• 2 garage spots
• Built 1926

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $604 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 6.9% 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: 155 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $761 of loan paydown is wiped out by about $3k 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 (-3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 161 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 20y ago; this cycle's ask has dropped $15k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $14k; list at $110k implies a 686% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $96,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 161 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 1926 — 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: 1.47% ✓
• Cap rate: 12.88%
• Cash-on-cash: 23.53%
• DSCR: 2.05
• GRM: 5.7

CMA / ARV

• ARV (on-the-fly): $162,240
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1925 Weston Ave	0.24mi	3/1.0	1,227 (-9%)	1mo	$89,000	$73	70
1923 Medford Ave	0.18mi	3/1.5	1,554 (+15%)	4mo	$105,000	$68	64
536 Creed St	0.52mi	3/1.0	1,272 (-6%)	4mo	$170,000	$134	61
1926 Brandon Ave	0.57mi	3/2.0	1,432 (+6%)	1mo	$178,000	$124	60
417 9th St	0.58mi	3/1.0	1,260 (-7%)	2mo	$93,000	$74	58
537 7th St	0.66mi	3/1.0	1,280 (-5%)	3mo	$153,500	$120	56
1562 Medford Ave	0.44mi	3/1.0	1,170 (-14%)	3mo	$129,156	$110	53
3803 Loveland Rd	0.51mi	3/1.0	1,520 (+12%)	3mo	$56,000	$37	51
1828 Basil Ave	0.72mi	3/1.5	1,492 (+10%)	0mo	$185,000	$124	49
1646 Everett Ave	0.41mi	4/1.0 (+1)	1,152 (-15%)	3mo	$100,000	$87	46
1870 Basil Ave	0.68mi	3/1.5	1,527 (+13%)	1mo	$186,900	$122	45
587 Edison St	0.56mi	2/2.0 (-1)	1,163 (-14%)	2mo	$160,000	$138	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: 16.6%
• Equity multiple: 1.67×
• Total profit: $20,615
• Equity at exit: $16,401

10-year hold

• IRR: 25.2%
• Equity multiple: 3.19×
• Total profit: $67,363
• Equity at exit: $9,511

Cash invested: $30,800 (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: 5.7×

Monthly cashflow live

• Estimated rent: $1,613 high
• Mortgage (P&I): −$577
• Tax from tax record: −$48 /mo · $575/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $604

Break-even live

Break-even rent $849

Max offer price $110,000

Occupancy floor 58%

Sensitivity live

Price	-10% $666	-5% $635	+0% $604	+5% $573	+10% $542
Rent	-10% $477	-5% $540	+0% $604	+5% $668	+10% $731
Rate	-1.0pp $659	-0.5pp $632	base $604	+0.5pp $576	+1.0pp $547

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4807 Sheridan Rd Youngstown, OH	3.0	1.5	1586	$1,750	$1.10	15d	1	0.25mi
610 Elm St Struthers, OH	3.0	1.0	1050	$1,500	$1.43	15d	1	0.31mi
1914 S Heights Ave Youngstown, OH	3.0	1.0	1115	$1,950	$1.75	45d	1	0.47mi
1803 Pointview Ave Youngstown, OH	2.0	1.0	950	$1,000	$1.05	45d	1	0.53mi
3446 Ambert Ave Youngstown, OH	4.0	1.0	1100	$1,250	$1.14	15d	1	0.76mi
465 W Omar St Struthers, OH	3.0	2.0	1544	$1,800	$1.17	15d	1	0.91mi
1750 Nova Ln Youngstown, OH	3.0	2.0	1538	$1,700	$1.11	15d	1	0.94mi
851 Cook Ave Unit 4 Youngstown, OH	2.0	1.0	1050	$800	$0.76	45d	1	1.41mi

Listing history 29 events

1. 2026-06-17
   days on market $110,000 Active 161 DOM
2. 2026-06-16
   days on market $110,000 Active 160 DOM
3. 2026-06-15
   days on market $110,000 Active 159 DOM
4. 2026-06-14
   days on market $110,000 Active 157 DOM
5. 2026-06-13
   days on market $110,000 Active 156 DOM
6. 2026-06-10
   days on market $110,000 Active 154 DOM
7. 2026-06-09
   days on market $110,000 Active 153 DOM
8. 2026-06-08
   days on market $110,000 Active 152 DOM
9. 2026-06-07
   days on market $110,000 Active 151 DOM
10. 2026-06-03
    days on market $110,000 Active 147 DOM
11. 2026-06-02
    days on market $110,000 Active 146 DOM
12. 2026-06-01
    days on market $110,000 Active 145 DOM
13. 2026-05-31
    days on market $110,000 Active 144 DOM
14. 2026-05-30
    days on market $110,000 Active 143 DOM
15. 2026-03-16
    price $110,000
16. 2026-02-10
    price $115,000
17. 2026-01-26
    price $120,900
18. 2026-01-05
    listed $125,000 Active
19. 2023-11-02
    historical
20. 2023-09-05
    listed $128,900 Active
21. 2011-02-08
    soldstatus $14,000 289-char remark

    Show marketing remark (289 chars)

    Traditional aluminum sided 2 story home with 1st floor office (possible 4th bedroom) and 3/4 bath. 2nd floor has 3 bedrooms and full bath. Attic storage, partial basement/crawl space, 2 car detached garage and fenced rear yard. Appears to have shared paved drive and furnace does not work.

22. 2010-09-06
    listed $15,900 289-char remark

    Show marketing remark (289 chars)

    Traditional aluminum sided 2 story home with 1st floor office (possible 4th bedroom) and 3/4 bath. 2nd floor has 3 bedrooms and full bath. Attic storage, partial basement/crawl space, 2 car detached garage and fenced rear yard. Appears to have shared paved drive and furnace does not work.

23. 2008-09-03
    historical
24. 2008-06-04
    listed $45,000
25. 2006-12-30
    historical
26. 2006-06-23
    listed $66,500
27. 1998-10-25
    soldstatus $54,950
28. 1993-07-07
    soldstatus $45,000
29. 1987-02-06
    soldstatus $27,600

ⓘ 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: $575 · $48/mo
• Projected year-2 tax: $1,145 · $95/mo
• Expected delta: +$571/yr (+$48/mo · 99.3%)

ⓘ 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 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,361
• − Mortgage interest: −$6,162
• − Property taxes: −$575
• − Insurance: −$550
• − Repairs & maintenance: −$1,549
• − Management: −$1,549
• − Depreciation: −$3,200
• Taxable income: $5,777
• Est. tax owed @ 24.0%: −$1,386
• After-tax cash flow: $5,862/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

+298.6% since first listed

15 events — show timeline

• 2026-03-16 Price Changed $110,000 MLSNOW
• 2026-02-10 Price Changed $115,000 MLSNOW
• 2026-01-26 Price Changed $120,900 MLSNOW
• 2026-01-05 Listed $125,000 MLSNOW
• 2023-11-02 Listing Removed — MLSNOW
• 2023-09-05 Listed $128,900 MLSNOW
• 2011-02-08 Sold (MLS) $14,000 MLSNOW
• 2010-09-06 Listed $15,900 MLSNOW
• 2008-09-03 Listing Removed — MLSNOW
• 2008-06-04 Listed $45,000 MLSNOW
• 2006-12-30 Listing Removed — MLSNOW
• 2006-06-23 Listed $66,500 MLSNOW
• 1998-10-25 Sold (Public Records) $54,950 Public Records
• 1993-07-07 Sold (Public Records) $45,000 Public Records
• 1987-02-06 Sold (Public Records) $27,600 Public Records

Property tax history

-3.9%/yr

Latest (2025): $575 · -11.9% YoY. Source: county tax records.