2444 Charing Cross Rd NWCantonOH44708
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 2444 Charing Cross Rd NW, Canton, OH, 44708 in Canton clears it at 1.70, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.16%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $77,359; $2,579/yr in principal equity; total projected return: $100,753.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 9.2% |
| Monthly Cash Flow | $(120) | $850 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,137 |
| Total Monthly Debt Service | $2,145 |
| DSCR Ratio | 1.00x |
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 1996
N/A lot
$N/A/sqft
$415 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44708, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,182 (100%) |
| Owner Occupied HU | 7,316 (60.1%) |
| Renter Occupied HU | 4,002 (32.9%) |
| Vacant Housing Units | 864 ( 7.1%) |
| Median Home Value | $188,067 |
| Average Home Value | $232,419 |
Housing Distribution
Address Breakdown
Residential
11,306
Single Family
10,512
Multi-Family
794
Businesses
748
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 1996
N/A lot
$N/A/sqft
$415 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44708, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,182 (100%) |
| Owner Occupied HU | 7,316 (60.1%) |
| Renter Occupied HU | 4,002 (32.9%) |
| Vacant Housing Units | 864 ( 7.1%) |
| Median Home Value | $188,067 |
| Average Home Value | $232,419 |
Housing Distribution
Address Breakdown
Residential
11,306
Single Family
10,512
Multi-Family
794
Businesses
748
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Vandervaart • Real of Ohio
Mls Name: MLS Now
Mls Provider:
Mls ID: #5096868
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