492 Fair Oaks Ave NWNorth CantonOH44720
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 492 Fair Oaks Ave NW, North Canton, OH, 44720 in North Canton. At $179,900 it earns $1,588/mo in rent and distributes $405/mo to the owner after the $809/mo payment, a consistent 10.59% yield. DSCR 1.96 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $49,703 in value; $1,657/yr in principal paydown compounds ownership stake. Total projected return: $94,606.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $405 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,588 |
| Total Monthly Debt Service | $1,112 |
| DSCR Ratio | 1.43x |
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 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44720, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,102 (100%) |
| Owner Occupied HU | 12,320 (68.1%) |
| Renter Occupied HU | 4,840 (26.7%) |
| Vacant Housing Units | 942 ( 5.2%) |
| Median Home Value | $264,902 |
| Average Home Value | $297,243 |
Housing Distribution
Address Breakdown
Residential
17,503
Single Family
16,416
Multi-Family
1,087
Businesses
1,548
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 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44720, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,102 (100%) |
| Owner Occupied HU | 12,320 (68.1%) |
| Renter Occupied HU | 4,840 (26.7%) |
| Vacant Housing Units | 942 ( 5.2%) |
| Median Home Value | $264,902 |
| Average Home Value | $297,243 |
Housing Distribution
Address Breakdown
Residential
17,503
Single Family
16,416
Multi-Family
1,087
Businesses
1,548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marcy J Klee • Keller Williams Legacy Group Realty
Mls Name: MLS Now
Mls ID: #5177462