2530 7th St NECantonOH44704
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 2530 7th St NE, Canton, OH, 44704 in Canton: $1,732/mo in rent, $580/mo net, 11.87% gross yield, all on a $175,000 acquisition. The 2.20 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $48,349 in value, and $1,612/yr in principal paydown steadily builds equity. Projected total cumulative return: $104,061.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 9.2% |
| Monthly Cash Flow | $580 | $850 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,732 |
| Total Monthly Debt Service | $1,082 |
| 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 1918
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44704, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 752 (38.9%) |
| Renter Occupied HU | 900 (46.6%) |
| Vacant Housing Units | 281 (14.5%) |
| Median Home Value | $72,364 |
| Average Home Value | $129,219 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,419
Multi-Family
86
Businesses
87
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 1918
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44704, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 752 (38.9%) |
| Renter Occupied HU | 900 (46.6%) |
| Vacant Housing Units | 281 (14.5%) |
| Median Home Value | $72,364 |
| Average Home Value | $129,219 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,419
Multi-Family
86
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices