10861 Mahoning Ave · Lordstown, OH 44451

$144,000

3 bd · 1.5 ba · 1,728 sqft · SingleFamily · 76 Days on market

Built 1955 8,232 sqft lot $83/sqft · 29% below area Est $204k · 29% under ↓ 40% since listing

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Why this score? — see what drove the D 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).

• ARV discount +15.0/15.0
• Cash flow +7.4/30.0
• Schools +6.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Stylish. Smart. Totally One-of-a-Kind! This fully remodeled modern ranch is more than just a home. It's a lifestyle! Whether you're looking for a sleek personal space, a turnkey business location, or the perfect combo of both, this property delivers with style, flexibility, and convenience. Wrap-around parking lot, providing parking from front to back. And with everything on one floor, life here is as easy as it is efficient. Step inside to a spacious open layout, featuring 3-4 bedrooms (or creative flex spaces), fresh modern finishes, and recently installed central air for year-round comfort. It's move-in ready, low-maintenance, and ideal for someone who's over the whole mowing-the-lawn thing but still wants plenty of room to spread out. Easy "Condo" living, without the Condo fees or pesky rules & regulations.

Key facts

• 8,232 sq ft lot
• Built 1955
• Listed 75 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $144k.

Deal economics

• At list price, monthly cash flow is $-188 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $117k (18.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $102k (29.1% below list).
• Recommended offer: $102k (29.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#577 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, health & safety F.
• Jackson-Milton Local (rural): math 70% / reading 74% proficiency, ranked #133 of 656 in OH (top 20%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Market conditions: 8 active listings in the ZIP; 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 $996 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 76 days — a 6% lower offer ($135k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $102,163 (29.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.71% ✗
• Cap rate: 4.73%
• Cash-on-cash: -5.60%
• DSCR: 0.75
• GRM: 11.7

CMA / ARV

• ARV (median comp): $203,723
• List price: $144,000
• Delta: -29.32%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11315 Mahoning Ave	0.45mi	3/1.0	1,520 (-12%)	6mo	$160,000	$105	52
10239 Mahoning Ave	0.54mi	3/2.0	1,696 (-2%)	21mo	$370,000	$218	52
11083 Mahoning Ave	0.22mi	4/2.0 (+1)	1,866 (+8%)	21mo	$150,000	$80	52

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: -25.9%
• Equity multiple: 0.12×
• Total profit: $-35,297
• Equity at exit: $21,471

10-year hold

• IRR: -22.5%
• Equity multiple: -0.14×
• Total profit: $-46,097
• Equity at exit: $12,450

Cash invested: $40,320 (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 44451

• Home prices YoY: -10.1%
• Active inventory: 8
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $1,022 medium
• Mortgage (P&I): −$755
• Tax est. 1.5%: −$180 /mo · $2,160/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$215
• Net cashflow: $-188

Break-even live

Break-even rent $1,260

Max offer price $116,787

Occupancy floor —

Sensitivity live

Price	-10% $-89	-5% $-138	+0% $-188	+5% $-238	+10% $-288
Rent	-10% $-269	-5% $-228	+0% $-188	+5% $-148	+10% $-107
Rate	-1.0pp $-116	-0.5pp $-151	base $-188	+0.5pp $-225	+1.0pp $-263

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: $36,000
• Closing costs: $4,320
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-18
   days on market $144,000 Active 76 DOM
2. 2026-06-17
   days on market $144,000 Active 75 DOM
3. 2026-06-16
   days on market $144,000 Active 74 DOM
4. 2026-06-15
   days on market $144,000 Active 73 DOM
5. 2026-06-13
   days on market $144,000 Active 71 DOM
6. 2026-06-12
   days on market $144,000 Active 70 DOM
7. 2026-06-09
   days on market $144,000 Active 67 DOM
8. 2026-06-08
   days on market $144,000 Active 66 DOM
9. 2026-06-08
   days on market $144,000 Active 65 DOM
10. 2026-06-05
    days on market $144,000 Active 63 DOM
11. 2026-06-04
    days on market $144,000 Active 61 DOM
12. 2026-06-02
    days on market $144,000 Active 60 DOM
13. 2026-06-01
    days on market $144,000 Active 59 DOM
14. 2026-05-31
    days on market $144,000 Active 58 DOM
15. 2026-05-13
    price $144,000 841-char remark

    Show marketing remark (841 chars)

    Stylish. Smart. Totally One-of-a-Kind! This fully remodeled modern ranch is more than just a home. It's a lifestyle! Whether you're looking for a sleek personal space, a turnkey business location, or the perfect combo of both, this property delivers with style, flexibility, and convenience. Wrap-around parking lot, providing parking from front to back. And with everything on one floor, life here is as easy as it is efficient. Step inside to a spacious open layout, featuring 3-4 bedrooms (or creative flex spaces), fresh modern finishes, and recently installed central air for year-round comfort. It's move-in ready, low-maintenance, and ideal for someone who's over the whole mowing-the-lawn thing but still wants plenty of room to spread out. Easy "Condo" living, without the Condo fees or pesky rules & regulations.

16. 2026-04-22
    status Active 841-char remark

    Show marketing remark (841 chars)

    Stylish. Smart. Totally One-of-a-Kind! This fully remodeled modern ranch is more than just a home. It's a lifestyle! Whether you're looking for a sleek personal space, a turnkey business location, or the perfect combo of both, this property delivers with style, flexibility, and convenience. Wrap-around parking lot, providing parking from front to back. And with everything on one floor, life here is as easy as it is efficient. Step inside to a spacious open layout, featuring 3-4 bedrooms (or creative flex spaces), fresh modern finishes, and recently installed central air for year-round comfort. It's move-in ready, low-maintenance, and ideal for someone who's over the whole mowing-the-lawn thing but still wants plenty of room to spread out. Easy "Condo" living, without the Condo fees or pesky rules & regulations.

17. 2026-03-28
    listed $150,000 Active 841-char remark

    Show marketing remark (841 chars)

    Stylish. Smart. Totally One-of-a-Kind! This fully remodeled modern ranch is more than just a home. It's a lifestyle! Whether you're looking for a sleek personal space, a turnkey business location, or the perfect combo of both, this property delivers with style, flexibility, and convenience. Wrap-around parking lot, providing parking from front to back. And with everything on one floor, life here is as easy as it is efficient. Step inside to a spacious open layout, featuring 3-4 bedrooms (or creative flex spaces), fresh modern finishes, and recently installed central air for year-round comfort. It's move-in ready, low-maintenance, and ideal for someone who's over the whole mowing-the-lawn thing but still wants plenty of room to spread out. Easy "Condo" living, without the Condo fees or pesky rules & regulations.

18. 2026-01-11
    historical
19. 2025-09-16
    price $175,000
20. 2025-08-29
    price $200,000
21. 2025-08-12
    price $219,500
22. 2025-07-07
    price $225,000
23. 2025-06-16
    listed $239,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $12,260
• − Mortgage interest: −$8,066
• − Property taxes: −$2,160
• − Insurance: −$720
• − Repairs & maintenance: −$981
• − Management: −$981
• − Depreciation: −$4,189
• Taxable loss: −$4,837
• Est. tax savings @ 24.0%: +$1,161
• After-tax cash flow: $-1,096/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: Jackson-Milton Local
• NCES district ID: 3904832
• Math proficiency: 70% ▼ -7.00%
• Reading proficiency: 74% ▼ -7.00%
• Median HH income: $51,220
• Composite: 61.13/100
• National rank: #785
• State rank: #133 of 656 in OH

Livability — Lordstown

• Score: 68/100
• State rank: #577
• US rank: #9825

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Mahoning · 224,175 people
• Metro: Youngstown-Warren, OH
• Population (ZIP): 2,886
• Household income: $64,554
• Rent vs Own: 20.9% rent · 79.1% own
• Severe rent burden: 32.3

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 5% Hispanic / Latino 4% Black 1%
• Common ancestry: Romanian 4% Danish 2% Slovene 2%
• Foreign-born: 0%

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: ▼ -23.29%
• Current HPI: 208.2414
• 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

-39.7% since first listed

9 events — show timeline

• 2026-05-13 Price Changed $144,000 MLSNOW
• 2026-04-22 Relisted — MLSNOW
• 2026-03-28 Listed $150,000 MLSNOW
• 2026-01-11 Listing Removed — MLSNOW
• 2025-09-16 Price Changed $175,000 MLSNOW
• 2025-08-29 Price Changed $200,000 MLSNOW
• 2025-08-12 Price Changed $219,500 MLSNOW
• 2025-07-07 Price Changed $225,000 MLSNOW
• 2025-06-16 Listed $239,000 MLSNOW