5213 Ridge Ave SE · North Industry, OH 44707

$149,900

4 bd · 2.0 ba · 1,452 sqft · SingleFamily public records · 136 Days on market

Built 1901 0.34 ac lot $103/sqft · 18% below area Est $184k · 18% under

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Why this score? — see what drove the C+ 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 +22.6/30.0
• ARV discount +15.0/15.0
• DSCR +7.2/10.0
• 1% rule +5.0/10.0
• Schools +4.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this spacious 4-bedroom home in desirable Canton South, perfectly situated on a large 3-parcel corner lot just down the street from Canton South High School and the Career Center. From the moment you arrive, you’ll be drawn to the inviting wraparound porch, ideal for relaxing and enjoying the neighborhood. Inside, the home offers a large living room and a thoughtfully designed layout with first-floor laundry and a full bathroom on both the main level and upstairs—perfect for everyday living and entertaining. The updated kitchen, along with updated flooring and carpet throughout, has all been completed within the last five years, offering a move-in-ready experience. The home also features a comfortable owner’s suite and generously sized bedrooms. Major mechanical updates include a new furnace installed in 2024, providing peace of mind for years to come. Conveniently located near Route 800, local highways, shopping, dining, and new commercial development, this home combines space, updates, and an unbeatable location. Don’t miss the opportunity to make this well-maintained Canton South property your own!

Key facts

• New furnace
• Full bathroom
• Updated kitchen

Tags

• WRAPAROUND PORCH
• FIRST-FLOOR LAUNDRY
• FULL BATHROOM
• UPDATED KITCHEN
• UPDATED FLOORING
• NEW FURNACE

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $255 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 6.6% in North Industry — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Canton Local (suburban): math 54% / reading 52% proficiency, ranked #401 of 656 in OH (top 61%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 16 active listings in the ZIP; lower-income renter base — watch delinquency; 528 units permitted in Stark County in 2024 (84 in 5+ unit buildings).
• At $1,506/mo this rent would consume 46% of the median local household income ($39k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Stark County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 136 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 24y ago; this cycle's ask has dropped $20k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1901 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $131,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 136 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 1901 — 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. 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: 1.00% ✓
• Cap rate: 8.33%
• Cash-on-cash: 7.28%
• DSCR: 1.32
• GRM: 8.3

CMA / ARV

• ARV (median comp): $183,839
• List price: $149,900
• Delta: -18.46%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5333 Dunfred Cir SE	0.33mi	4/2.0	1,413 (-3%)	6mo	$278,900	$197	75
223 46th St SW	0.57mi	4/2.5	1,452 (0%)	9mo	$281,300	$194	63
4846 Cleveland Ave SE	0.25mi	3/1.0 (-1)	1,443 (-1%)	20mo	$166,000	$115	61
4824 Wiseland Ave SE	0.25mi	4/1.5	1,300 (-10%)	10mo	$219,900	$169	61
5327 Dunfred Cir SE	0.29mi	3/2.0 (-1)	1,644 (+13%)	5mo	$248,000	$151	55
4130 Atwood Ave SE	0.67mi	3/1.5 (-1)	1,450 (-0%)	10mo	$249,500	$172	54
4913 Ridge Ave SE	0.16mi	3/1.5 (-1)	1,308 (-10%)	21mo	$130,000	$99	51
5141 Clardell Ave SW	0.61mi	4/2.0	1,536 (+6%)	16mo	$249,900	$163	48
122 45th St SW	0.53mi	3/2.0 (-1)	1,364 (-6%)	14mo	$245,000	$180	48
1717 Baum St SE	0.47mi	3/1.0 (-1)	1,404 (-3%)	20mo	$220,000	$157	47
150 46th St SW	0.51mi	4/2.0	1,296 (-11%)	20mo	$190,000	$147	42
4811 Cleveland Ave S	0.32mi	3/1.0 (-1)	1,254 (-14%)	15mo	$153,000	$122	41

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: -5.2%
• Equity multiple: 0.81×
• Total profit: $-8,117
• Equity at exit: $22,351

10-year hold

• IRR: 4.4%
• Equity multiple: 1.33×
• Total profit: $13,648
• Equity at exit: $12,961

Cash invested: $41,972 (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 44707

• Home prices YoY: -26.0%
• Active inventory: 16
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,506 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$87 /mo · $1,043/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$316
• Net cashflow: $255

Break-even live

Break-even rent $1,184

Max offer price $149,900

Occupancy floor 78%

Sensitivity live

Price	-10% $339	-5% $297	+0% $255	+5% $212	+10% $170
Rent	-10% $136	-5% $195	+0% $255	+5% $314	+10% $374
Rate	-1.0pp $330	-0.5pp $293	base $255	+0.5pp $216	+1.0pp $176

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Listing history 44 events

1. 2026-06-18
   days on market $149,900 Active 136 DOM
2. 2026-06-17
   days on market $149,900 Active 135 DOM
3. 2026-06-16
   price $149,900 Active 134 DOM
4. 2026-06-16
   days on market $154,900 Active 134 DOM
5. 2026-06-15
   days on market $154,900 Active 133 DOM
6. 2026-06-14
   days on market $154,900 Active 131 DOM
7. 2026-06-13
   days on market $154,900 Active 130 DOM
8. 2026-06-10
   days on market $154,900 Active 128 DOM
9. 2026-06-09
   days on market $154,900 Active 127 DOM
10. 2026-06-08
    days on market $154,900 Active 126 DOM
11. 2026-06-07
    days on market $154,900 Active 125 DOM
12. 2026-06-03
    days on market $154,900 Active 121 DOM
13. 2026-06-02
    days on market $154,900 Active 120 DOM
14. 2026-06-01
    days on market $154,900 Active 119 DOM
15. 2026-05-31
    days on market $154,900 Active 118 DOM
16. 2026-05-30
    days on market $154,900 Active 117 DOM
17. 2026-05-11
    price $154,900 1153-char remark

    Show marketing remark (1153 chars)

    Welcome to this spacious 4-bedroom home in desirable Canton South, perfectly situated on a large 3-parcel corner lot just down the street from Canton South High School and the Career Center. From the moment you arrive, you’ll be drawn to the inviting wraparound porch, ideal for relaxing and enjoying the neighborhood. Inside, the home offers a large living room and a thoughtfully designed layout with first-floor laundry and a full bathroom on both the main level and upstairs—perfect for everyday living and entertaining. The updated kitchen, along with updated flooring and carpet throughout, has all been completed within the last five years, offering a move-in-ready experience. The home also features a comfortable owner’s suite and generously sized bedrooms. Major mechanical updates include a new furnace installed in 2024, providing peace of mind for years to come. Conveniently located near Route 800, local highways, shopping, dining, and new commercial development, this home combines space, updates, and an unbeatable location. Don’t miss the opportunity to make this well-maintained Canton South property your own!

18. 2026-04-09
    price $159,900 1153-char remark

    Show marketing remark (1153 chars)

    Welcome to this spacious 4-bedroom home in desirable Canton South, perfectly situated on a large 3-parcel corner lot just down the street from Canton South High School and the Career Center. From the moment you arrive, you’ll be drawn to the inviting wraparound porch, ideal for relaxing and enjoying the neighborhood. Inside, the home offers a large living room and a thoughtfully designed layout with first-floor laundry and a full bathroom on both the main level and upstairs—perfect for everyday living and entertaining. The updated kitchen, along with updated flooring and carpet throughout, has all been completed within the last five years, offering a move-in-ready experience. The home also features a comfortable owner’s suite and generously sized bedrooms. Major mechanical updates include a new furnace installed in 2024, providing peace of mind for years to come. Conveniently located near Route 800, local highways, shopping, dining, and new commercial development, this home combines space, updates, and an unbeatable location. Don’t miss the opportunity to make this well-maintained Canton South property your own!

19. 2026-03-19
    price $162,500 1153-char remark

    Show marketing remark (1153 chars)

    Welcome to this spacious 4-bedroom home in desirable Canton South, perfectly situated on a large 3-parcel corner lot just down the street from Canton South High School and the Career Center. From the moment you arrive, you’ll be drawn to the inviting wraparound porch, ideal for relaxing and enjoying the neighborhood. Inside, the home offers a large living room and a thoughtfully designed layout with first-floor laundry and a full bathroom on both the main level and upstairs—perfect for everyday living and entertaining. The updated kitchen, along with updated flooring and carpet throughout, has all been completed within the last five years, offering a move-in-ready experience. The home also features a comfortable owner’s suite and generously sized bedrooms. Major mechanical updates include a new furnace installed in 2024, providing peace of mind for years to come. Conveniently located near Route 800, local highways, shopping, dining, and new commercial development, this home combines space, updates, and an unbeatable location. Don’t miss the opportunity to make this well-maintained Canton South property your own!

20. 2026-02-26
    price $164,900 1153-char remark

    Show marketing remark (1153 chars)

    Welcome to this spacious 4-bedroom home in desirable Canton South, perfectly situated on a large 3-parcel corner lot just down the street from Canton South High School and the Career Center. From the moment you arrive, you’ll be drawn to the inviting wraparound porch, ideal for relaxing and enjoying the neighborhood. Inside, the home offers a large living room and a thoughtfully designed layout with first-floor laundry and a full bathroom on both the main level and upstairs—perfect for everyday living and entertaining. The updated kitchen, along with updated flooring and carpet throughout, has all been completed within the last five years, offering a move-in-ready experience. The home also features a comfortable owner’s suite and generously sized bedrooms. Major mechanical updates include a new furnace installed in 2024, providing peace of mind for years to come. Conveniently located near Route 800, local highways, shopping, dining, and new commercial development, this home combines space, updates, and an unbeatable location. Don’t miss the opportunity to make this well-maintained Canton South property your own!

21. 2026-02-02
    listed $169,900 Active 1153-char remark

    Show marketing remark (1153 chars)

    Welcome to this spacious 4-bedroom home in desirable Canton South, perfectly situated on a large 3-parcel corner lot just down the street from Canton South High School and the Career Center. From the moment you arrive, you’ll be drawn to the inviting wraparound porch, ideal for relaxing and enjoying the neighborhood. Inside, the home offers a large living room and a thoughtfully designed layout with first-floor laundry and a full bathroom on both the main level and upstairs—perfect for everyday living and entertaining. The updated kitchen, along with updated flooring and carpet throughout, has all been completed within the last five years, offering a move-in-ready experience. The home also features a comfortable owner’s suite and generously sized bedrooms. Major mechanical updates include a new furnace installed in 2024, providing peace of mind for years to come. Conveniently located near Route 800, local highways, shopping, dining, and new commercial development, this home combines space, updates, and an unbeatable location. Don’t miss the opportunity to make this well-maintained Canton South property your own!

22. 2025-03-28
    status Pending 401-char remark

    Show marketing remark (401 chars)

    Updated Colonial style home on a corner lot, with 3 parcels. Home features vinyl siding, replacement windows with newer deck that wraps around to the side and front of house. The kitchen and bathrooms were updated, whole house paint and flooring in all 4 bedrooms. Includes 1st floor laundry off the kitchen. New furnace was installed 2024. The house is move in ready, call to schedule an appointment.

23. 2025-03-28
    soldstatus $147,500 Closed 401-char remark

    Show marketing remark (401 chars)

    Updated Colonial style home on a corner lot, with 3 parcels. Home features vinyl siding, replacement windows with newer deck that wraps around to the side and front of house. The kitchen and bathrooms were updated, whole house paint and flooring in all 4 bedrooms. Includes 1st floor laundry off the kitchen. New furnace was installed 2024. The house is move in ready, call to schedule an appointment.

24. 2025-02-10
    historical Contingent 401-char remark

    Show marketing remark (401 chars)

    Updated Colonial style home on a corner lot, with 3 parcels. Home features vinyl siding, replacement windows with newer deck that wraps around to the side and front of house. The kitchen and bathrooms were updated, whole house paint and flooring in all 4 bedrooms. Includes 1st floor laundry off the kitchen. New furnace was installed 2024. The house is move in ready, call to schedule an appointment.

25. 2025-01-27
    price $152,900 401-char remark

    Show marketing remark (401 chars)

    Updated Colonial style home on a corner lot, with 3 parcels. Home features vinyl siding, replacement windows with newer deck that wraps around to the side and front of house. The kitchen and bathrooms were updated, whole house paint and flooring in all 4 bedrooms. Includes 1st floor laundry off the kitchen. New furnace was installed 2024. The house is move in ready, call to schedule an appointment.

26. 2024-12-16
    listed $157,500 Active 401-char remark

    Show marketing remark (401 chars)

    Updated Colonial style home on a corner lot, with 3 parcels. Home features vinyl siding, replacement windows with newer deck that wraps around to the side and front of house. The kitchen and bathrooms were updated, whole house paint and flooring in all 4 bedrooms. Includes 1st floor laundry off the kitchen. New furnace was installed 2024. The house is move in ready, call to schedule an appointment.

27. 2024-08-27
    soldstatus $50,000
28. 2024-08-20
    soldstatus $50,000 Closed
29. 2024-07-22
    status Pending
30. 2024-07-19
    listed $50,000 Active
31. 2024-06-17
    soldstatus $50,000
32. 2024-03-28
    soldstatus $50,000
33. 2017-09-01
    status Pending
34. 2017-09-01
    soldstatus $70,000 Sold
35. 2017-09-01
    soldstatus $70,000
36. 2017-07-26
    historical Contingent
37. 2017-06-02
    listed $74,900 Active
38. 2007-02-21
    historical
39. 2006-08-21
    listed $59,900
40. 2004-06-15
    historical
41. 2003-10-15
    listed $62,900
42. 2003-05-15
    historical
43. 2002-10-15
    listed $78,000
44. 1999-06-16
    soldstatus $18,500

ⓘ 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: $1,043 · $87/mo
• Projected year-2 tax: $1,691 · $141/mo
• Expected delta: +$648/yr (+$54/mo · 62.1%)

ⓘ 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: $18,076
• − Mortgage interest: −$8,397
• − Property taxes: −$1,043
• − Insurance: −$750
• − Repairs & maintenance: −$1,446
• − Management: −$1,446
• − Depreciation: −$4,361
• Taxable income: $634
• Est. tax owed @ 24.0%: −$152
• After-tax cash flow: $2,902/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 Local
• NCES district ID: 3904983
• Math proficiency: 54% ▼ -12.00%
• Reading proficiency: 52% ▼ -11.00%
• Median HH income: $46,980
• Composite: 45.0/100
• National rank: #2699
• State rank: #401 of 656 in OH

Livability — North Industry

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: North Industry, OH
• County: Stark · 366,688 people
• Metro: Canton-Massillon, OH
• Population (ZIP): 8,849
• Household income: $38,983
• Rent vs Own: 51.7% rent · 48.3% own
• Severe rent burden: 4.0

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: White 60% Black 27% Two or more races 11% Hispanic / Latino 3%
• Common ancestry: Italian 6% Iranian 4% Serbian 1%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 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: ▼ -74.96%
• Current HPI: 212.9455
• 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

+737.3% since first listed

28 events — show timeline

• 2026-05-11 Price Changed $154,900 MLSNOW
• 2026-04-09 Price Changed $159,900 MLSNOW
• 2026-03-19 Price Changed $162,500 MLSNOW
• 2026-02-26 Price Changed $164,900 MLSNOW
• 2026-02-02 Listed $169,900 MLSNOW
• 2025-03-28 Pending — MLSNOW
• 2025-03-28 Sold (MLS) $147,500 MLSNOW
• 2025-02-10 Contingent — MLSNOW
• 2025-01-27 Price Changed $152,900 MLSNOW
• 2024-12-16 Listed $157,500 MLSNOW
• 2024-08-27 Sold (Public Records) $50,000 Public Records
• 2024-08-20 Sold (MLS) $50,000 MLSNOW
• 2024-07-22 Pending — MLSNOW
• 2024-07-19 Listed $50,000 MLSNOW
• 2024-06-17 Sold (Public Records) $50,000 Public Records
• 2024-03-28 Sold (Public Records) $50,000 Public Records
• 2017-09-01 Pending — MLSNOW
• 2017-09-01 Sold (Public Records) $70,000 Public Records
• 2017-09-01 Sold (MLS) $70,000 MLSNOW
• 2017-07-26 Contingent — MLSNOW
• 2017-06-02 Listed $74,900 MLSNOW
• 2007-02-21 Listing Removed — MLSNOW
• 2006-08-21 Listed $59,900 MLSNOW
• 2004-06-15 Listing Removed — MLSNOW
• 2003-10-15 Listed $62,900 MLSNOW
• 2003-05-15 Listing Removed — MLSNOW
• 2002-10-15 Listed $78,000 MLSNOW
• 1999-06-16 Sold (Public Records) $18,500 Public Records

Property tax history

+6.2%/yr

Latest (2024): $1,043 · -35.6% YoY. Source: county tax records.