1006 Ridge Rd NWCantonOH44703
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1006 Ridge Rd NW, Canton, OH, 44703 in Canton speaks for itself: 11.86% gross on a $158,500 price, generating $1,571/mo in rent and $525/mo in net income after the $713/mo debt service. DSCR 2.20, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,301 stacks alongside $43,791 in projected five-year appreciation and $1,460/yr in principal reduction. Projected total cumulative return: $94,407.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 9.2% |
| Monthly Cash Flow | $525 | $850 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,571 |
| Total Monthly Debt Service | $980 |
| DSCR Ratio | 1.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1927
5,519 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44703, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,285 (100%) |
| Owner Occupied HU | 1,288 (30.1%) |
| Renter Occupied HU | 2,219 (51.8%) |
| Vacant Housing Units | 778 (18.2%) |
| Median Home Value | $92,436 |
| Average Home Value | $168,003 |
Housing Distribution
Address Breakdown
Residential
3,775
Single Family
3,042
Multi-Family
733
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1927
5,519 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44703, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,285 (100%) |
| Owner Occupied HU | 1,288 (30.1%) |
| Renter Occupied HU | 2,219 (51.8%) |
| Vacant Housing Units | 778 (18.2%) |
| Median Home Value | $92,436 |
| Average Home Value | $168,003 |
Housing Distribution
Address Breakdown
Residential
3,775
Single Family
3,042
Multi-Family
733
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices