1607 S Main StCantonOH44709
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.50, 1607 S Main St, Canton, OH, 44709 in Canton sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.08%. The 8.08% yield is backed by 5% annual appreciation projecting $75,950 in value gain, plus $2,532/yr in principal reduction. Total projected cumulative return: $74,982.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 9.2% |
| Monthly Cash Flow | $(500) | $850 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,852 |
| Total Monthly Debt Service | $2,242 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1970
N/A lot
$N/A/sqft
$543 monthly HOA
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
Condo
Built in 1970
N/A lot
$N/A/sqft
$543 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin Berthiaume • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5096543
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.