5213 Ridge Ave SECantonOH44707
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 5213 Ridge Ave SE, Canton, OH, 44707 in Canton is narrow, $71/mo net on $1,140/mo rent after the $731/mo debt service, but the property operates at break-even-plus, not a loss. At $162,500 with a 8.42% yield, the long-run equity case via 5% appreciation ($44,896 over five years) and $1,497/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.56 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $66,477.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 9.2% |
| Monthly Cash Flow | $71 | $850 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,140 |
| Total Monthly Debt Service | $1,004 |
| DSCR Ratio | 1.14x |
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 1901
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44707, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,277 (100%) |
| Owner Occupied HU | 1,885 (44.1%) |
| Renter Occupied HU | 1,877 (43.9%) |
| Vacant Housing Units | 515 (12.0%) |
| Median Home Value | $120,231 |
| Average Home Value | $159,081 |
Housing Distribution
Address Breakdown
Residential
4,063
Single Family
3,306
Multi-Family
757
Businesses
422
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 1901
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44707, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,277 (100%) |
| Owner Occupied HU | 1,885 (44.1%) |
| Renter Occupied HU | 1,877 (43.9%) |
| Vacant Housing Units | 515 (12.0%) |
| Median Home Value | $120,231 |
| Average Home Value | $159,081 |
Housing Distribution
Address Breakdown
Residential
4,063
Single Family
3,306
Multi-Family
757
Businesses
422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices