8004 Sapphire Ave NECantonOH44721
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 8004 Sapphire Ave NE, Canton, OH, 44721 in Canton achieves a 1.51 ratio at $239,900: $1,634/mo rent versus $1,079/mo debt service. Rental yield 7.85%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 7.85% yield compounds alongside 5% annual appreciation projecting $66,280 in value. Total projected cumulative return: $95,001.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 9.2% |
| Monthly Cash Flow | $(10) | $850 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,634 |
| Total Monthly Debt Service | $1,483 |
| DSCR Ratio | 1.10x |
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 1979
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44721, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,940 (100%) |
| Owner Occupied HU | 4,918 (82.8%) |
| Renter Occupied HU | 814 (13.7%) |
| Vacant Housing Units | 208 ( 3.5%) |
| Median Home Value | $247,792 |
| Average Home Value | $266,538 |
Housing Distribution
Address Breakdown
Residential
5,946
Single Family
5,875
Multi-Family
71
Businesses
139
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 1979
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44721, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,940 (100%) |
| Owner Occupied HU | 4,918 (82.8%) |
| Renter Occupied HU | 814 (13.7%) |
| Vacant Housing Units | 208 ( 3.5%) |
| Median Home Value | $247,792 |
| Average Home Value | $266,538 |
Housing Distribution
Address Breakdown
Residential
5,946
Single Family
5,875
Multi-Family
71
Businesses
139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices