227 Lora Ave · Youngstown, OH 44504

$65,000

3 bd · 1.0 ba · 1,576 sqft · SingleFamily public records · 445 Days on market

Built 1912 5,270 sqft lot Est $61k · 6% over

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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
• Appreciation +8.4/10.0
• ARV discount +4.9/15.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0

Key facts

• 5,270 sq ft lot
• Built 1912
• Listed 444 days

Property features AI

Finance

• Financial info: Annual tax information available

Exterior

• Parking: No garage; Unpaved parking
• Utilities: Public water; Public sewer
• Home design: 2-story wood sided home; Asphalt/fiberglass roof
• Construction: Wood siding construction; Asphalt and fiberglass roofing; Year built per public records
• Exterior features: Lot dimensions approximately 15 x 105; Lot recorded as about 0.121 acres

Interior

• Bedrooms: 6 total rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Gas heating
• Interior features: Partial basement; One fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $379 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($977 rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.3% vs local median 6.3% 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: 28 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($449 loan paydown + $4k appreciation (6.7% local appreciation)).
• Mahoning County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (6.7% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 445 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 19y ago; this cycle's ask has dropped $5k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $15k; list at $65k implies a 333% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1912 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 445 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 1912 — 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: 1.50% ✓
• Cap rate: 13.29%
• Cash-on-cash: 24.99%
• DSCR: 2.11
• GRM: 5.5

CMA / ARV

• ARV (on-the-fly): $61,464
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1537 Ohio Ave	0.10mi	3/2.0	1,567 (-1%)	14mo	$120,500	$77	79
1370 Logan Ave	0.46mi	3/1.0	1,524 (-3%)	10mo	$45,900	$30	65
2242 Cordova Ave	0.72mi	3/1.0	1,593 (+1%)	2mo	$70,000	$44	63
1403 Wick Ave	0.36mi	2/1.0 (-1)	1,440 (-9%)	1mo	$25,000	$17	63
2117 Elm St	0.57mi	3/1.0	1,612 (+2%)	17mo	$50,000	$31	56
22 New York Ave	0.57mi	3/2.0	1,494 (-5%)	14mo	$28,000	$19	49
2116 Elm St	0.57mi	3/1.0	1,463 (-7%)	17mo	$50,000	$34	48
1867 Coronado Ave	0.68mi	3/2.0	1,426 (-10%)	2mo	$128,000	$90	47
2131 Elm St	0.60mi	3/1.0	1,696 (+8%)	15mo	$89,900	$53	47
122 New York Ave	0.46mi	3/1.0	1,409 (-11%)	17mo	$55,000	$39	47

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

Projected returns pro-forma

6.72% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 37.7%
• Equity multiple: 3.51×
• Total profit: $45,705
• Equity at exit: $43,864

10-year hold

• IRR: 34.4%
• Equity multiple: 7.31×
• Total profit: $114,880
• Equity at exit: $82,276

Cash invested: $18,200 (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 44504

• Home prices YoY: 4.0%
• Active inventory: 28
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $977 high
• Mortgage (P&I): −$341
• Tax from tax record: −$25 /mo · $295/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$205
• Net cashflow: $379

Break-even live

Break-even rent $497

Max offer price $65,000

Occupancy floor 56%

Sensitivity live

Price	-10% $416	-5% $397	+0% $379	+5% $361	+10% $342
Rent	-10% $302	-5% $340	+0% $379	+5% $418	+10% $456
Rate	-1.0pp $412	-0.5pp $395	base $379	+0.5pp $362	+1.0pp $345

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
171 Upland Ave Unit 171 2nd floor Youngstown, OH	3.0	1.0	1100	$1,040	$0.95	15d	1	0.80mi
176 Upland Ave Unit 1 Youngstown, OH	4.0	2.0	1300	$1,225	$0.94	46d	1	0.83mi
2525 Ohio Ave Unit 2 Youngstown, OH	2.0	1.0	1140	$850	$0.75	46d	1	0.87mi
351 Lincoln Ave Youngstown, OH	3.0–5.0	3.0–5.0	1527	$699	$0.46	15d	10	0.98mi
465 Gypsy Ln Youngstown, OH	2.0	1.0–2.0	1060	$920	$0.87	15d	1	1.01mi
465 Gypsy Ln Youngstown, OH	2.0	2.0	1320	$1,120	$0.85	46d	1	1.05mi

Listing history 16 events

1. 2026-06-01
   days on market $65,000 Active 445 DOM
2. 2026-05-31
   days on market $65,000 Active 444 DOM
3. 2026-05-30
   days on market $65,000 Active 443 DOM
4. 2025-10-29
   price $65,000
5. 2025-03-11
   listed $70,000 Active
6. 2017-08-28
   soldstatus $15,000 Sold
7. 2017-08-27
   status Pending
8. 2017-08-16
   historical Contingent
9. 2017-08-14
   status Active
10. 2017-06-28
    status Pending
11. 2017-04-19
    listed $26,000 Active
12. 2016-07-19
    historical
13. 2016-03-28
    listed $30,000 Active
14. 2008-03-31
    historical
15. 2007-07-16
    listed $26,900
16. 2005-01-31
    soldstatus $2,880

ⓘ 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: $295 · $25/mo
• Projected year-2 tax: $655 · $55/mo
• Expected delta: +$359/yr (+$30/mo · 121.8%)

ⓘ 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 · 16 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: $11,719
• − Mortgage interest: −$3,641
• − Property taxes: −$295
• − Insurance: −$325
• − Repairs & maintenance: −$937
• − Management: −$937
• − Depreciation: −$1,891
• Taxable income: $3,692
• Est. tax owed @ 24.0%: −$886
• After-tax cash flow: $3,661/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): 5,185
• Household income: $40,156
• Rent vs Own: 58.9% rent · 41.1% own
• Severe rent burden: 15.7

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 0.65)
• Race & ethnicity: White 45% Black 38% Two or more races 8% Asian 5% Hispanic / Latino 4%
• Common ancestry: Italian 4% Serbian 1% Romanian 1%
• Foreign-born: 7% · Canada, Dominican Republic, South Korea
• Languages at home: 93% English-only · Other Indo-European 4% Spanish 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: ▲ 6.72%
• Current HPI: 174.9495
• 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

+2156.9% since first listed

13 events — show timeline

• 2025-10-29 Price Changed $65,000 MLSNOW
• 2025-03-11 Listed $70,000 MLSNOW
• 2017-08-28 Sold (MLS) $15,000 MLSNOW
• 2017-08-27 Pending — MLSNOW
• 2017-08-16 Contingent — MLSNOW
• 2017-08-14 Relisted — MLSNOW
• 2017-06-28 Pending — MLSNOW
• 2017-04-19 Listed $26,000 MLSNOW
• 2016-07-19 Listing Removed — MLSNOW
• 2016-03-28 Listed $30,000 MLSNOW
• 2008-03-31 Listing Removed — MLSNOW
• 2007-07-16 Listed $26,900 MLSNOW
• 2005-01-31 Sold (Public Records) $2,880 Public Records

Property tax history

+3.4%/yr

Latest (2025): $295 · -11.8% YoY. Source: county tax records.