1915 4th St NE · Canton, OH 44704

$132,900

3 bd · 1.0 ba · 1,268 sqft · SingleFamily public records · 20 Days on market

Built 1927 10,454 sqft lot

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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).

• Cash flow +14.1/30.0
• Appreciation +8.1/10.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• Livability +3.6/5.0
• 1% rule +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0

Listing remarks MLS

If you want to stop renting this is the house to see!  Situated on two parcels with a partially fenced backyard, this all brick bungalow is the perfect choice for a 1st time buyer.   Inside, the classic floor plan offers a living room, a spacious kitchen with lots of cabinet storage, and easy to maintain laminate flooring that flows into the dining room with knotty pine paneling. Two of the bedrooms and a refreshed full bath on the main floor with a 3rd bedroom with a tall ceiling upstairs. The full basement adds a laundry area plus plenty of space to store your personal belongings.   Call to see this affordable move-in ready home today!

Key facts

• Brick bungalow
• Newer flooring
• Newer roof

Tags

• BRICK BUNGALOW
• NEWER FLOORING
• NEWER ROOF
• NEWER SEWER LINE
• NEWER ELECTRICAL SERVICE
• PAVER PATIO

Property features AI

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Two-story home; Built according to public records
• Construction: Block foundation; Asphalt/fiberglass roof
• Exterior features: Brick exterior; Patio; Fire pit

Interior

• Kitchen: Range; Microwave; Refrigerator; Dishwasher
• Bedrooms: Two main-level bedrooms
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Forced-air gas heating
• Interior features: Double-pane windows; Full, unfinished basement
• Laundry & utility: Washer and dryer located in the basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $133k.

Deal economics

• At list price, monthly cash flow is $19 ($231/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $104k (22.1% below list).
• Recommended offer: $104k (22.1% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.9% in Canton — 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 71/100 on livability (#441 in OH) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A; Watch: crime F, employment F.
• Canton City (urban): math 17% / reading 26% proficiency, ranked #627 of 656 in OH (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Stephanie Rushin Patrick Elementary School (390 students, 0% FRL); Crenshaw Middle School (math 10% / reading 19%, grade F, #630 of 654 statewide, top 97%, 774 students, 0% FRL); Mckinley High School (math 8% / reading 29%, grade F, #683 of 781 statewide, top 88%, 2,154 students, 0% FRL) — zoned schools average 0% FRL vs 76% district-wide (76 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 20 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 528 units permitted in Stark County in 2024 (84 in 5+ unit buildings).

Forward outlook

• In year one you build about $9k of equity ($919 loan paydown + $8k appreciation (6.2% local appreciation)).
• Stark County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (6.2% appreciation + 3.0% rent growth), your $37k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 3y 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 $70k; list at $133k implies a 90% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $103,582 (22.1% below list)

Questions for the listing agent

1. Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.78% ✗
• Cap rate: 6.47%
• Cash-on-cash: 0.62%
• DSCR: 1.03
• GRM: 10.7

CMA / ARV

• ARV (on-the-fly): $67,204
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
515 Flamos Cir NE	0.08mi	3/1.5	1,300 (+2%)	2mo	$119,000	$92	88
1817 Penn Pl NE	0.23mi	3/1.0	1,389 (+10%)	10mo	$59,900	$43	65
2002 Penn Pl NE	0.23mi	2/1.0 (-1)	1,164 (-8%)	8mo	$40,000	$34	64
1718 4th St NE	0.19mi	2/1.0 (-1)	1,128 (-11%)	5mo	$25,250	$22	63
425 Girard Ave NE	0.29mi	3/1.0	1,144 (-10%)	12mo	$104,900	$92	60
2306 3rd St NE	0.45mi	3/2.0	1,319 (+4%)	11mo	$129,900	$98	59
1316 4th St NE	0.50mi	2/1.0 (-1)	1,152 (-9%)	2mo	$58,000	$50	55
2026 2nd St NE	0.24mi	2/1.5 (-1)	1,131 (-11%)	12mo	$60,000	$53	54
1434 2nd St NE	0.42mi	2/1.0 (-1)	1,136 (-10%)	10mo	$85,750	$75	50
2001 3rd St SE	0.32mi	3/1.0	1,456 (+15%)	13mo	$126,000	$87	50
920 Ojays Pkwy NE	0.58mi	2/2.0 (-1)	1,202 (-5%)	15mo	$45,000	$37	43
1935 5th St SE	0.46mi	3/2.0	1,442 (+14%)	13mo	$52,777	$37	41

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

Projected returns pro-forma

6.17% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.2%
• Equity multiple: 2.10×
• Total profit: $40,875
• Equity at exit: $84,968

10-year hold

• IRR: 16.1%
• Equity multiple: 4.19×
• Total profit: $118,814
• Equity at exit: $155,326

Cash invested: $37,212 (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 44704

• Home prices YoY: 7.2%
• Active inventory: 20
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,036 high
• Mortgage (P&I): −$697
• Tax from tax record: −$47 /mo · $561/yr
• Insurance: −$55
• HOA: −$0
• Vacancy / Maint / Mgmt: −$218
• Net cashflow: $19

Break-even live

Break-even rent $1,011

Max offer price $132,900

Occupancy floor 93%

Sensitivity live

Price	-10% $94	-5% $57	+0% $19	+5% $-18	+10% $-56
Rent	-10% $-63	-5% $-22	+0% $19	+5% $60	+10% $101
Rate	-1.0pp $86	-0.5pp $53	base $19	+0.5pp $-15	+1.0pp $-50

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: $33,225
• Closing costs: $3,987
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1946 Otto Pl NE Canton, OH	3.0	1.0	1499	$28,000	$18.68	16d	1	0.06mi
1906 6th St NE Unit 1906-002 Canton, OH	3.0	1.0	906	$1,000	$1.10	16d	1	0.09mi
2048 2nd St NE Unit 2048 Canton, OH	2.0	1.0	1092	$950	$0.87	16d	1	0.25mi
1511 2nd St NE Canton, OH	3.0	1.0	1129	$1,250	$1.11	46d	1	0.41mi
316 Young Ave NE Canton, OH	4.0	1.0	1268	$1,050	$0.83	16d	1	0.48mi
1206 Lawrence Rd NE Apt 3 Canton, OH	2.0	1.0	900	$950	$1.06	23d	1	0.86mi
924 Spring Ave NE Canton, OH	4.0	1.5	1407	$1,395	$0.99	23d	1	0.93mi
1504 14th St SE Canton, OH	3.0	1.0	924	$1,120	$1.21	16d	1	0.94mi
1304 Cole Ave SE Canton, OH	2.0	1.0	984	$650	$0.66	16d	1	1.01mi
2213 17th St NE Canton, OH	2.0	1.0	1132	$1,100	$0.97	46d	1	1.34mi
1220 Market Ave N Unit 4 Canton, OH	3.0	1.0	1400	$1,100	$0.79	46d	1	1.35mi
1000 Market Ave S Canton, OH	1.0–2.0	1.0–2.0	1500	$4,505	$3.00	15d	12	1.35mi
1613 Spring Ave NE Canton, OH	3.0	1.0	1320	$1,095	$0.83	23d	1	1.47mi
1629 Spring Ave NE Unit Na Canton, OH	2.0	1.0	1100	$836	$0.76	23d	1	1.49mi

Listing history 16 events

1. 2026-06-21
   days on market $132,900 Active 20 DOM
2. 2026-06-18
   days on market $132,900 Active 17 DOM
3. 2026-06-17
   days on market $132,900 Active 16 DOM
4. 2026-06-16
   days on market $132,900 Active 15 DOM
5. 2026-06-15
   price $132,900 Active 14 DOM
6. 2026-06-15
   days on market $134,900 Active 14 DOM
7. 2026-06-14
   days on market $134,900 Active 12 DOM
8. 2026-06-13
   days on market $134,900 Active 11 DOM
9. 2026-06-10
   days on market $134,900 Active 9 DOM
10. 2026-06-09
    days on market $134,900 Active 8 DOM
11. 2026-06-08
    days on market $134,900 Active 7 DOM
12. 2026-06-07
    days on market $134,900 Active 6 DOM
13. 2026-06-05
    days on market $134,900 Active 3 DOM
14. 2026-06-03
    days on market $134,900 Active 2 DOM
15. 2026-06-01
    remarks 625-char remark
16. 2026-06-01
    listed $134,900 Active 1 DOM

ⓘ 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: $561 · $47/mo
• Projected year-2 tax: $1,317 · $110/mo
• Expected delta: +$756/yr (+$63/mo · 134.9%)

ⓘ 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 ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,430
• − Mortgage interest: −$7,444
• − Property taxes: −$561
• − Insurance: −$664
• − Repairs & maintenance: −$994
• − Management: −$994
• − Depreciation: −$3,866
• Taxable loss: −$2,095
• Est. tax savings @ 24.0%: +$503
• After-tax cash flow: $734/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: Canton City
• NCES district ID: 3904371
• Math proficiency: 17% ▼ -17.00%
• Reading proficiency: 26% ▼ -12.00%
• Median HH income: $28,825
• Composite: 17.1/100
• National rank: #9116
• State rank: #627 of 656 in OH

Livability — Canton

• Score: 71/100
• State rank: #441
• US rank: #7259

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Canton, OH
• County: Stark · 366,688 people
• City population: 103,614
• Metro: Canton-Massillon, OH
• Population (ZIP): 3,583
• Household income: $34,063
• Rent vs Own: 45.3% rent · 54.7% own
• Severe rent burden: 10.1

Population outlook (Stark County) Hauer SSP2

• Today (2025): 373,708 people
• By 2030: 371,245 · -0.7%
• By 2040: 361,331 · -3.3%
• By 2050: 345,290 · -7.6%
• By 2075: 302,669 · -19.0%
• By 2100: 238,870 · -36.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 58% White 33% Two or more races 7% Hispanic / Latino 2%
• Common ancestry: Hispanic 3% Romanian 1% Polish 1%

Political lean MEDSL · Stark

• 2024 margin: Strong R (+21.9) · D 38.6% · R 60.5%
• 2008→2024 swing: -27.4pp toward R · 2008: 5.5pp · 2024: -21.9pp
• All cycles: 2024: R+21.9 2020: R+18.5 2016: R+17.4 2012: R+0.4 2008: D+5.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 6.17%
• Current HPI: 91.3426
• 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

+574.5% since first listed

15 events — show timeline

• 2026-06-01 Listed $134,900 MLSNOW
• 2024-11-29 Listing Removed — MLSNOW
• 2024-11-25 Listed $85,000 MLSNOW
• 2023-08-18 Sold (Public Records) $70,000 Public Records
• 2023-08-18 Sold (MLS) $70,000 MLSNOW
• 2023-07-22 Pending — MLSNOW
• 2023-07-19 Contingent — MLSNOW
• 2023-06-24 Relisted — MLSNOW
• 2023-06-20 Contingent — MLSNOW
• 2023-06-16 Relisted — MLSNOW
• 2023-06-07 Contingent — MLSNOW
• 2023-05-30 Relisted — MLSNOW
• 2023-04-26 Contingent — MLSNOW
• 2023-04-21 Listed $79,900 MLSNOW
• 2022-08-30 Sold (Public Records) $20,000 Public Records

Property tax history

+35.9%/yr

Latest (2024): $561 · +0.7% YoY. Source: county tax records.