506 11th St NWCantonOH44703
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 506 11th St NW, Canton, OH, 44703 in Canton offers a clean, manageable entry. Rental yield 6.18%. DSCR 1.18 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $42,824 in additional property value over five years, with $1,428/yr in principal equity building ownership stake. Total projected cumulative return: $46,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 9.2% |
| Monthly Cash Flow | $(228) | $850 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $824 |
| Total Monthly Debt Service | $958 |
| DSCR Ratio | 0.86x |
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.
Multi Family
Built in 1928
3,441 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
Multi Family
Built in 1928
3,441 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
Listed by: Karen S Pinion • Hackenberg Realty Group
Mls Name: MLS Now
Mls Provider:
Mls ID: #5131845
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