Canton, OH — Rental Investment Analysis

🟡MODERATE— average returns

Cap Rate

5.3%

Below average

Monthly Cash Flow

-$142

After all expenses

Price-to-Rent

11.7

Investor-friendly

DSCR

0.84

Fails

📊 Key Metrics

Median Home Price: $159,274
Average Rent (3BR): $1,110/mo
Price-to-Rent Ratio: 11.7(good)
1% Rule: 0.72%(fails — need 1%+)
Cash-on-Cash Return: -4.7%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 3.9%(-0.4% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: -0.5% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.53%

of assessed value (OH avg)

Median Income

$61,938

household (OH avg)

Rent-to-Income

21.5%

Affordable

Section 8 Max Rent

$1,110/mo

3BR voucher payment

🏛️ OH Investor Climate

Landlord Friendly

7/10

State Income Tax

Has state tax

Property Tax

1.53% effective

Population Trend

-0.5% (3yr)

🏘️ Best Zip Codes in Canton for Investors

44704

Cap Rate: 11.7%Cash Flow: +$350/mo$79,472

44705

Cap Rate: 9.6%Cash Flow: +$267/mo$100,239

44703

Cap Rate: 9.2%Cash Flow: +$230/mo$97,319

All Zip Codes in Canton

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
44704	11.7%	+$350	$79,472	$1,080/mo	1.83
44705	9.6%	+$267	$100,239	$1,150/mo	1.50
44703	9.2%	+$230	$97,319	$1,080/mo	1.44
44707	7.6%	+$118	$113,865	$1,080/mo	1.20
44710	7.6%	+$124	$125,193	$1,180/mo	1.19
44706	5.3%	-$138	$160,433	$1,150/mo	0.84
44714	5.3%	-$147	$158,115	$1,120/mo	0.83
44695	4.7%	-$236	$166,396	$1,080/mo	0.73
44708	4.3%	-$336	$198,336	$1,220/mo	0.68
44709	4.0%	-$375	$187,127	$1,080/mo	0.62
44721	1.9%	-$1,106	$298,031	$1,100/mo	0.30
44718	1.4%	-$1,555	$370,622	$1,150/mo	0.21