66 4th St NE · Carrollton, OH 44615

$215,000

3 bd · 1.5 ba · 1,534 sqft · SingleFamily public records · 4 Days on market

Built 1920 3,998 sqft lot Est $167k · 29% over

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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 +20.0/30.0
• DSCR +6.4/10.0
• 1% rule +4.7/10.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fabulous 2 story home situated on one of Carrollton's most desired streets! This 3 bedroom, 2 bathroom home is full of charm and character with lots of gorgeous wood throughout. The lovely foyer offers a warm welcome into the large living room with beautiful pocket doors. Large dining room with beautiful wood window seat with storage. Wood floors and luxury vinyl throughout. Updated kitchen with new counter tops, updated full bath with new floors and vanity, updated siding, roof, windows, electric and high efficiency furnace with central air. Don't miss the walk up attic that would be very easy to finish for another floor of living space! Cozy front porch with trex decking and large deck out back for private gatherings. One car attached garage with access from back alley.

Key facts

• Hot tub
• Large walk-up attic
• Pergola

Tags

• ORIGINAL HARDWOOD FLOORS
• UPDATED KITCHEN
• NEW TREX DECK
• PERGOLA
• HOT TUB
• LARGE WALK-UP ATTIC

Property features AI

Finance

• Other: Unfinished basement with sump pump; Has fireplace (gas) in living room

Exterior

• Parking: Garage (1 car); Paved parking; Parking pad; Garage faces rear
• Utilities: Public water; Public sewer
• Home design: 3 stories; Vinyl siding; Asphalt roof; Block foundation; Above-grade finished area recorded (source: assessor)
• Construction: Vinyl siding construction; Asphalt roof; Block foundation; Built in (year per public records)
• Exterior features: Deck; Front porch; Porch; City lot; Hot tub / spa

Interior

• Kitchen: Range; Microwave; Refrigerator; Freezer
• Bedrooms: 7 total rooms (bedroom count not separately specified)
• Bathrooms: 1 full bathroom; 1 half bathroom; 1 main-level bathroom
• Heating & cooling: Forced air heating (gas); Fireplace(s) contribute to heating; Central air; Ceiling fans
• Interior features: Built-in features; Natural woodwork; ENERGY STAR qualified windows; Stair lift
• Laundry & utility: Washer; Dryer; Laundry located in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $266 ($3k/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 $209k (2.7% below list).
• Recommended offer: $209k (2.7% below list) — sets the bar for 1% rule.
• Cap rate 7.8% 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.
• 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 $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 5y 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 $140k; list at $215k implies a 54% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $209,094 (2.7% below list)

Questions for the listing agent

1. Built in 1920 — 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. 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: 0.97% ✗
• Cap rate: 7.78%
• Cash-on-cash: 5.29%
• DSCR: 1.24
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $167,206
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
143 5th St NW	0.13mi	2/1.0 (-1)	1,520 (-1%)	17mo	$135,000	$89	71
260 3rd St NE	0.17mi	3/1.5	1,565 (+2%)	22mo	$172,500	$110	70
103 4th St NW	0.10mi	3/1.0	1,330 (-13%)	2mo	$71,000	$53	69
294 5th St NW	0.31mi	3/1.5	1,456 (-5%)	19mo	$134,900	$93	61
360 Garfield Ave NW	0.33mi	3/1.0	1,705 (+11%)	10mo	$183,900	$108	55
240 Park Ave SE	0.36mi	2/3.0 (-1)	1,612 (+5%)	23mo	$179,000	$111	45
448 Lincoln Ave NW	0.40mi	3/1.5	1,356 (-12%)	21mo	$147,500	$109	45
357 S High St	0.43mi	2/1.0 (-1)	1,384 (-10%)	20mo	$116,600	$84	40
153 Haines Ln SE	0.50mi	3/2.0	1,352 (-12%)	22mo	$180,000	$133	37
336 Steubenville Rd SE	0.75mi	2/2.0 (-1)	1,304 (-15%)	7mo	$240,000	$184	27

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: -8.1%
• Equity multiple: 0.70×
• Total profit: $-17,955
• Equity at exit: $32,057

10-year hold

• IRR: 1.4%
• Equity multiple: 1.10×
• Total profit: $6,025
• Equity at exit: $18,589

Cash invested: $60,200 (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 44615

• Active inventory: 43
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,091 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$169 /mo · $2,030/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$439
• Net cashflow: $266

Break-even live

Break-even rent $1,755

Max offer price $215,000

Occupancy floor 82%

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Listing history 7 events

1. 2026-06-09
   price $215,000 Pending 4 DOM
2. 2026-05-21
   listed $225,000 Active
3. 2021-11-22
   status Pending 784-char remark

   Show marketing remark (784 chars)

   Fabulous 2 story home situated on one of Carrollton's most desired streets! This 3 bedroom, 2 bathroom home is full of charm and character with lots of gorgeous wood throughout. The lovely foyer offers a warm welcome into the large living room with beautiful pocket doors. Large dining room with beautiful wood window seat with storage. Wood floors and luxury vinyl throughout. Updated kitchen with new counter tops, updated full bath with new floors and vanity, updated siding, roof, windows, electric and high efficiency furnace with central air. Don't miss the walk up attic that would be very easy to finish for another floor of living space! Cozy front porch with trex decking and large deck out back for private gatherings. One car attached garage with access from back alley.

4. 2021-11-19
   soldstatus $140,000 Closed 784-char remark

   Show marketing remark (784 chars)

   Fabulous 2 story home situated on one of Carrollton's most desired streets! This 3 bedroom, 2 bathroom home is full of charm and character with lots of gorgeous wood throughout. The lovely foyer offers a warm welcome into the large living room with beautiful pocket doors. Large dining room with beautiful wood window seat with storage. Wood floors and luxury vinyl throughout. Updated kitchen with new counter tops, updated full bath with new floors and vanity, updated siding, roof, windows, electric and high efficiency furnace with central air. Don't miss the walk up attic that would be very easy to finish for another floor of living space! Cozy front porch with trex decking and large deck out back for private gatherings. One car attached garage with access from back alley.

5. 2021-11-04
   historical Contingent 784-char remark

   Show marketing remark (784 chars)

   Fabulous 2 story home situated on one of Carrollton's most desired streets! This 3 bedroom, 2 bathroom home is full of charm and character with lots of gorgeous wood throughout. The lovely foyer offers a warm welcome into the large living room with beautiful pocket doors. Large dining room with beautiful wood window seat with storage. Wood floors and luxury vinyl throughout. Updated kitchen with new counter tops, updated full bath with new floors and vanity, updated siding, roof, windows, electric and high efficiency furnace with central air. Don't miss the walk up attic that would be very easy to finish for another floor of living space! Cozy front porch with trex decking and large deck out back for private gatherings. One car attached garage with access from back alley.

6. 2021-11-04
   price $149,900 784-char remark

   Show marketing remark (784 chars)

   Fabulous 2 story home situated on one of Carrollton's most desired streets! This 3 bedroom, 2 bathroom home is full of charm and character with lots of gorgeous wood throughout. The lovely foyer offers a warm welcome into the large living room with beautiful pocket doors. Large dining room with beautiful wood window seat with storage. Wood floors and luxury vinyl throughout. Updated kitchen with new counter tops, updated full bath with new floors and vanity, updated siding, roof, windows, electric and high efficiency furnace with central air. Don't miss the walk up attic that would be very easy to finish for another floor of living space! Cozy front porch with trex decking and large deck out back for private gatherings. One car attached garage with access from back alley.

7. 2021-10-14
   listed $154,900 Active 784-char remark

   Show marketing remark (784 chars)

   Fabulous 2 story home situated on one of Carrollton's most desired streets! This 3 bedroom, 2 bathroom home is full of charm and character with lots of gorgeous wood throughout. The lovely foyer offers a warm welcome into the large living room with beautiful pocket doors. Large dining room with beautiful wood window seat with storage. Wood floors and luxury vinyl throughout. Updated kitchen with new counter tops, updated full bath with new floors and vanity, updated siding, roof, windows, electric and high efficiency furnace with central air. Don't miss the walk up attic that would be very easy to finish for another floor of living space! Cozy front porch with trex decking and large deck out back for private gatherings. One car attached garage with access from back alley.

ⓘ 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: $2,030 · $169/mo
• Projected year-2 tax: $2,692 · $224/mo
• Expected delta: +$662/yr (+$55/mo · 32.6%)

ⓘ 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 · 18 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: $25,091
• − Mortgage interest: −$12,043
• − Property taxes: −$2,030
• − Insurance: −$1,075
• − Repairs & maintenance: −$2,007
• − Management: −$2,007
• − Depreciation: −$6,255
• Taxable loss: −$327
• Est. tax savings @ 24.0%: +$78
• After-tax cash flow: $3,265/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

• Census place: Carrollton, OH
• 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

+45.3% since first listed

6 events — show timeline

• 2026-05-21 Listed $225,000 MLSNOW
• 2021-11-22 Pending — MLSNOW
• 2021-11-19 Sold (MLS) $140,000 MLSNOW
• 2021-11-04 Contingent — MLSNOW
• 2021-11-04 Price Changed $149,900 MLSNOW
• 2021-10-14 Listed $154,900 MLSNOW

Property tax history

+12.1%/yr

Latest (2025): $2,030 · +21.2% YoY. Source: county tax records.