323 Steubenville Rd SE · Carrollton, OH 44615

$139,900

2 bd · 1.0 ba · 1,300 sqft · SingleFamily public records · 22 Days on market

Built 1952 0.32 ac lot Est $173k · 19% 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 +9.9/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Move right into this beautifully updated 2-bedroom, 1-bath home in Carrollton! Offering approximately 1,300 square feet, this charming property features updated kitchen cabinetry, vinyl windows, all-new flooring throughout, fresh paint, and new drywall in both bedrooms. Recent major improvements include a new furnace (2023), hot water tank (2019), and roof (2011), helping to take the worry out of homeownership. Enjoy the spacious kitchen and the convenience of first-floor laundry. A full basement provides excellent storage and workspace potential. Situated on an oversized 0.32-acre lot, this home offers a spacious backyard with plenty of room to enjoy. Whether you’re looking for your

Key facts

• New drywall
• Vinyl windows
• New furnace

Tags

• UPDATED KITCHEN CABINETRY
• VINYL WINDOWS
• NEW FLOORING
• FRESH PAINT
• NEW DRYWALL
• NEW FURNACE

Property features AI

Finance

• Financial info: Annual property tax noted

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Single-story home; Vinyl siding; Shingle roof; Block foundation; Above-grade finished area approximately 1,300
• Construction: Built (per assessor); Vinyl siding construction; Shingle roof; Block foundation
• Exterior features: Private yard; Covered porch/patio

Interior

• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Forced-air gas heating
• Interior features: Full unfinished basement; Total of 4 rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $752 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $138k (1.5% below list) — sets the bar for market timing.
• Cap rate 12.7% vs local median 4.7% in Carrollton — 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 80/100 on livability (#131 in OH, #1,863 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Carrollton Exempted Village (town): math 46% / reading 58% proficiency, ranked #419 of 656 in OH (top 64%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Carrollton Elementary School (math 50% / reading 57%, grade C, #834 of 1,584 statewide, top 53%, 820 students, 57% FRL); Carrollton High School-Carrollton Middle School (math 43% / reading 58%, grade D+, #380 of 781 statewide, top 49%, 1,005 students, 39% FRL).
• Market conditions: 43 active listings in the ZIP; 2 units permitted in Carroll County in 2024 (0 in 5+ unit buildings).
• This rent runs 38% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Carroll County population projected at -25% 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 $39k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $32k; list at $140k implies a 330% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $137,801 (1.5% below list)

Questions for the listing agent

1. Built in 1952 — 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. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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.
5. 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.
6. 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: 1.49% ✓
• Cap rate: 12.74%
• Cash-on-cash: 23.03%
• DSCR: 2.02
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $172,900
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
336 Steubenville Rd SE	0.05mi	2/2.0	1,304 (+0%)	8mo	$240,000	$184	87
153 Haines Ln SE	0.23mi	3/2.0 (+1)	1,352 (+4%)	22mo	$180,000	$133	55
396 2nd St NE	0.39mi	2/2.0	1,178 (-9%)	10mo	$227,000	$193	54
100 Park Ave SE	0.51mi	3/1.0 (+1)	1,198 (-8%)	9mo	$80,000	$67	50
292 4th St NE	0.58mi	2/1.0	1,118 (-14%)	20mo	$70,000	$63	33

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: 16.0%
• Equity multiple: 1.64×
• Total profit: $25,196
• Equity at exit: $20,860

10-year hold

• IRR: 24.6%
• Equity multiple: 3.13×
• Total profit: $83,537
• Equity at exit: $12,096

Cash invested: $39,172 (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 44615

• Active inventory: 43
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,082 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$101 /mo · $1,214/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$437
• Net cashflow: $752

Break-even live

Break-even rent $1,131

Max offer price $139,900

Occupancy floor 59%

Sensitivity live

Price	-10% $831	-5% $791	+0% $752	+5% $712	+10% $673
Rent	-10% $587	-5% $670	+0% $752	+5% $834	+10% $916
Rate	-1.0pp $822	-0.5pp $787	base $752	+0.5pp $716	+1.0pp $679

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-21
   statusdays on market $139,900 Pending 22 DOM
2. 2026-06-21
   days on market $139,900 Active 21 DOM
3. 2026-06-18
   days on market $139,900 Active 19 DOM
4. 2026-06-17
   days on market $139,900 Active 18 DOM
5. 2026-06-16
   days on market $139,900 Active 17 DOM
6. 2026-06-15
   days on market $139,900 Active 16 DOM
7. 2026-06-13
   days on market $139,900 Active 14 DOM
8. 2026-06-12
   days on market $139,900 Active 13 DOM
9. 2026-06-09
   days on market $139,900 Active 10 DOM
10. 2026-06-08
    days on market $139,900 Active 9 DOM
11. 2026-06-07
    days on market $139,900 Active 8 DOM
12. 2026-06-07
    days on market $139,900 Active 7 DOM
13. 2026-06-04
    days on market $139,900 Active 4 DOM
14. 2026-06-02
    days on market $139,900 Active 3 DOM
15. 2026-06-01
    days on market $139,900 Active 2 DOM
16. 2026-05-31
    remarks 693-char remark
17. 2026-05-31
    listed $139,900 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: $1,214 · $101/mo
• Projected year-2 tax: $1,698 · $142/mo
• Expected delta: +$484/yr (+$40/mo · 39.9%)

ⓘ 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 · 17 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: $24,986
• − Mortgage interest: −$7,837
• − Property taxes: −$1,214
• − Insurance: −$700
• − Repairs & maintenance: −$1,999
• − Management: −$1,999
• − Depreciation: −$4,070
• Taxable income: $7,168
• Est. tax owed @ 24.0%: −$1,720
• After-tax cash flow: $7,301/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: Carrollton Exempted Village
• NCES district ID: 3904527
• Math proficiency: 46% ▼ -21.00%
• Reading proficiency: 58% ▼ -10.00%
• Median HH income: $45,165
• Composite: 43.94/100
• National rank: #2903
• State rank: #419 of 656 in OH

Livability — Carrollton

• Score: 80/100
• State rank: #131
• US rank: #1863

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Carroll · 27,595 people
• Metro: Canton-Massillon, OH
• Population (ZIP): 9,830
• Household income: $66,391
• Rent vs Own: 17.3% rent · 82.7% own
• Severe rent burden: 7.5

Population outlook (Carroll County) Hauer SSP2

• Today (2025): 25,766 people
• By 2030: 24,481 · -5.0%
• By 2040: 21,803 · -15.4%
• By 2050: 19,323 · -25.0%
• By 2075: 15,205 · -41.0%
• By 2100: 12,287 · -52.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 4% Iranian 3% Romanian 2%
• Foreign-born: 0% · Canada
• Languages at home: 92% English-only · German/W. Germanic 6% Spanish 1% Other Indo-European 1%

Political lean MEDSL · Carroll

• 2024 margin: Solid R (+54.7) · D 22.2% · R 77.0%
• 2008→2024 swing: -49.9pp toward R · 2008: -4.8pp · 2024: -54.7pp
• All cycles: 2024: R+54.7 2020: R+52.7 2016: R+46.4 2012: R+13.7 2008: R+4.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -129.95%
• Current HPI: 222.0728
• 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

+330.5% since first listed

2 events — show timeline

• 2026-05-30 Listed $139,900 MLSNOW
• 2002-11-01 Sold (Public Records) $32,500 Public Records

Property tax history

+7.5%/yr

Latest (2025): $1,214 · +92.7% YoY. Source: county tax records.