703 Arlington Ave SW · Canton, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 3/10 · Minor
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +27.2/30.0
- DSCR +9.5/10.0
- 1% rule +6.4/10.0
- ARV discount +5.7/15.0
- Livability +3.6/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.7/10.0
- Appreciation +0.0/10.0
$85,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to 703 Arlington, featuring fresh carpet and paint throughout! Step inside to a bright, refreshed interior that feels inviting and truly move-in ready. The main level offers comfortable living space filled with natural light, along with the convenience of first-floor laundry and a convenient half bath, perfect for guests and everyday living. Whether you’re relaxing at home or hosting friends and family, this home provides a warm and welcoming atmosphere with just the right amount of space to make it your own.
Key facts
- 7,875 sq ft lot
- Built 1910
- Listed 53 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $85k.
Deal economics
- At list price, monthly cash flow is $244 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($967 rent vs $85k).
- Recommended offer: $82k (3.0% below list) — sets the bar for market timing.
- Cap rate 9.7% vs local median 5.1% in Canton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 71/100 on livability (#441 in OH) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A; Watch: crime F, employment F.
- Canton City (urban): math 17% / reading 26% proficiency, ranked #627 of 656 in OH (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 90 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 528 units permitted in Stark County in 2024 (84 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Stark County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 53 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.14% ✓
- Cap rate
- 9.74%
- Cash-on-cash
- 12.29%
- DSCR
- 1.55
- GRM
- 7.3
CMA / ARV
- ARV (median comp)
- $81,680
- List price
- $85,000
- Delta
- 4.06%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1019 Dartmouth Ave SW | 0.29mi | 2/1.0 | 959 (-6%) | 4mo | $94,675 | $99 | 73 |
| 1373 Park Ave SW | 0.70mi | 2/1.0 | 1,034 (+1%) | 5mo | $40,000 | $39 | 61 |
| 1208 Roslyn Ave SW | 0.70mi | 3/1.0 (+1) | 1,040 (+2%) | 4mo | $133,000 | $128 | 56 |
| 1221 Homewood Ave SW | 0.48mi | 3/2.0 (+1) | 1,084 (+6%) | 4mo | $140,000 | $129 | 55 |
| 3040 13th St SW | 0.67mi | 2/1.0 | 936 (-8%) | 7mo | $128,000 | $137 | 49 |
| 535 Smith Ave NW | 0.63mi | 2/2.0 | 932 (-9%) | 4mo | $111,900 | $120 | 49 |
| 3115 2nd St NW | 0.59mi | 2/1.5 | 1,160 (+14%) | 1mo | $130,000 | $112 | 47 |
| 1014 Roslyn Ave SW | 0.61mi | 3/1.0 (+1) | 1,128 (+11%) | 2mo | $107,500 | $95 | 47 |
| 917 Camden Ave SW | 0.61mi | 3/1.0 (+1) | 1,144 (+12%) | 3mo | $75,000 | $66 | 44 |
| 1016 Clinton Ave SW | 0.60mi | 3/2.0 (+1) | 1,112 (+9%) | 5mo | $77,500 | $70 | 43 |
| 3057 Grove Pl SW | 0.48mi | 3/1.0 (+1) | 1,171 (+15%) | 7mo | $60,000 | $51 | 42 |
| 1154 Roslyn Ave SW | 0.69mi | 3/1.0 (+1) | 1,138 (+12%) | 3mo | $134,460 | $118 | 41 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 1.9%
- Equity multiple
- 1.07×
- Total profit
- $1,729
- Equity at exit
- $12,674
- IRR
- 11.5%
- Equity multiple
- 1.90×
- Total profit
- $21,394
- Equity at exit
- $7,349
Cash invested: $23,800 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 73 Landlord-Friendly
- State Ohio
- 73 Landlord-Friendly · R+6
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 44706
- Active inventory
- 90
- Price-to-rent
- 7.3×
Monthly cashflow live
- Estimated rent
- $967 high interval (Pro) →
- Mortgage (P&I)
- −$446
- Tax from tax record
- −$39 /mo · $467/yr
- Insurance
- −$35
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$203
- Net cashflow
- $244
Break-even live
Sensitivity live
| Price | -10% $292 | -5% $268 | +0% $244 | +5% $220 | +10% $196 |
|---|---|---|---|---|---|
| Rent | -10% $167 | -5% $206 | +0% $244 | +5% $282 | +10% $320 |
| Rate | -1.0pp $287 | -0.5pp $265 | base $244 | +0.5pp $222 | +1.0pp $199 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $21,250
- Closing costs
- $2,550
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 28 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2316 2nd St SW Canton, OH | 3.0 | 1.0 | 1125 | $1,095 | $0.97 | 45d | 1 | 0.24mi |
| 202 Smith Ave SW Canton, OH | 2.0 | 1.0 | 1236 | $995 | $0.81 | 45d | 1 | 0.25mi |
| 1023 Harrison Ave SW Canton, OH | 3.0 | 1.0 | 1224 | $1,250 | $1.02 | 22d | 1 | 0.25mi |
| 1117 Arlington Ave SW Canton, OH | 3.0 | 1.0 | 1240 | $1,200 | $0.97 | 15d | 1 | 0.28mi |
| 2237 Tuscarawas St W Unit 7 Canton, OH | 2.0 | 1.0 | 1035 | $725 | $0.70 | 45d | 1 | 0.35mi |
| 2237 Tuscarawas St W Canton, OH | 2.0 | 1.0 | 1035 | $700 | $0.68 | 22d | 1 | 0.35mi |
| 1241 Bedford Ave SW Canton, OH | 3.0 | 2.0 | 1152 | $1,200 | $1.04 | 15d | 1 | 0.45mi |
| 1229 Lawn Ave SW Canton, OH | 2.0 | 1.0 | 936 | $950 | $1.01 | 45d | 1 | 0.49mi |
| 900 Roslyn Ave SW Canton, OH | 3.0 | 1.0 | 1320 | $1,175 | $0.89 | 15d | 1 | 0.61mi |
| 521 Columbus Ave NW Unit 1 Canton, OH | 1.0 | 1.0 | 700 | $825 | $1.18 | 45d | 1 | 0.62mi |
| 521 Columbus Ave NW Unit 2 Canton, OH | 2.0 | 1.0 | 900 | $875 | $0.97 | 45d | 1 | 0.62mi |
| 521 Columbus Ave NW Canton, OH | 2.0 | 1.0 | 900 | $775 | $0.86 | 22d | 1 | 0.62mi |
| 1014 Roslyn Ave SW Canton, OH | 3.0 | 1.0 | 1128 | $1,150 | $1.02 | 22d | 1 | 0.62mi |
| 2525 6th St NW Unit NA Canton, OH | 2.0 | 1.0 | 950 | $700 | $0.74 | 45d | 1 | 0.67mi |
| 1380 Garfield Ave SW Canton, OH | 2.0 | 1.0 | 1212 | $995 | $0.82 | 22d | 1 | 0.79mi |
| 1520 Bryan Ave SW Canton, OH | 3.0 | 1.0 | 1040 | $1,100 | $1.06 | 45d | 1 | 0.83mi |
| 2510 10th St NW Canton, OH | 3.0 | 1.5 | 1468 | $1,175 | $0.80 | 22d | 1 | 0.87mi |
| 1005 Broad Ave NW Unit 100 Canton, OH | 2.0 | 1.0 | 1200 | $850 | $0.71 | 22d | 1 | 0.93mi |
| 1005 Broad Ave NW Unit 201 Canton, OH | 3.0 | 1.0 | 1200 | $800 | $0.67 | 22d | 1 | 0.93mi |
| 1507 Stark Ave SW Canton, OH | 3.0 | 1.0 | 1188 | $975 | $0.82 | 45d | 1 | 0.99mi |
| 1511 Stark Ave SW Canton, OH | 2.0 | 1.0 | 992 | $900 | $0.91 | 45d | 1 | 1.00mi |
| 1511 Stark Ave SW Canton, OH | 1.0 | 1.0 | 992 | $900 | $0.91 | 15d | 1 | 1.00mi |
| 1016 2nd St NW Canton, OH | 1.0–3.0 | 1.0–2.0 | 916 | $748 | $0.82 | 14d | 20 | 1.01mi |
| 200 High Ave SW Canton, OH | 1.0 | 1.0 | 750 | $700 | $0.93 | 15d | 3 | 1.14mi |
| 1000 Market Ave S Canton, OH | 1.0–2.0 | 1.0–2.0 | 1500 | $4,505 | $3.00 | 14d | 12 | 1.33mi |
| 1335 14th St NW Unit 4 Canton, OH | 1.0 | 1.0 | 700 | $675 | $0.96 | 15d | 1 | 1.47mi |
| 1216 14th St NW Canton, OH | 3.0 | 1.0 | 1352 | $1,100 | $0.81 | 22d | 1 | 1.50mi |
| 1212 Shorb Ave NW #1 Canton, OH | 2.0 | 1.0 | 832 | $850 | $1.02 | 45d | 1 | 1.50mi |
Listing history 12 events
-
2026-06-09days on market $85,000 Active 53 DOM
-
2026-06-08days on market $85,000 Active 52 DOM
-
2026-06-07days on market $85,000 Active 51 DOM
-
2026-06-05days on market $85,000 Active 48 DOM
-
2026-06-03days on market $85,000 Active 47 DOM
-
2026-06-02days on market $85,000 Active 46 DOM
-
2026-06-01days on market $85,000 Active 45 DOM
-
2026-05-31days on market $85,000 Active 44 DOM
-
2026-05-30days on market $85,000 Active 43 DOM
-
2026-04-17$85,000 Active 528-char remark
Show marketing remark (528 chars)
Welcome to 703 Arlington, featuring fresh carpet and paint throughout! Step inside to a bright, refreshed interior that feels inviting and truly move-in ready. The main level offers comfortable living space filled with natural light, along with the convenience of first-floor laundry and a convenient half bath, perfect for guests and everyday living. Whether you’re relaxing at home or hosting friends and family, this home provides a warm and welcoming atmosphere with just the right amount of space to make it your own.
-
2005-01-06soldstatus $262,000
-
1990-02-20soldstatus $19,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast OH · Partial reset (capped growth)
- Current annual tax
- $467 · $39/mo
- Projected year-2 tax
- $896 · $75/mo
- Expected delta
- +$430/yr (+$36/mo · 92.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥96°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $11,604
- − Mortgage interest
- −$4,761
- − Property taxes
- −$467
- − Insurance
- −$425
- − Repairs & maintenance
- −$928
- − Management
- −$928
- − Depreciation
- −$2,473
- Taxable income
- $1,621
- Est. tax owed @ 24.0%
- −$389
- After-tax cash flow
- $2,537/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Canton City
- NCES district ID
- 3904371
- Math proficiency
- 17% ▼ -17.00%
- Reading proficiency
- 26% ▼ -12.00%
- Median HH income
- $28,825
- Composite
- 17.1/100
- National rank
- #9116
- State rank
- #627 of 656 in OH
Livability — Canton
- Score
- 71/100
- State rank
- #441
- US rank
- #7259
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Canton, OH
- County
- Stark County · 272,865 people
- City population
- 103,614
- Metro
- Canton-Massillon, OH
- Population (ZIP)
- 16,496
- Household income
- $58,228
- Rent vs Own
- Severe rent burden
- 502.0
Population outlook (Stark County) Hauer SSP2
- Today (2025)
- 373,708 people
- By 2030
- 371,245 · -0.7%
- By 2040
- 361,331 · -3.3%
- By 2050
- 345,290 · -7.6%
- By 2075
- 302,669 · -19.0%
- By 2100
- 238,870 · -36.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (84%)
- Race & ethnicity
- White 84% Black 8% Two or more races 6% Hispanic / Latino 3%
- Common ancestry
- Romanian 4% Italian 3% Lithuanian 2%
- Foreign-born
- 1% · Canada
- Languages at home
- 98% English-only · Spanish 2%
Political lean MEDSL · Stark
- 2024 margin
- Strong R (+21.9) · D 38.6% · R 60.5%
- 2008→2024 swing
- -27.4pp toward R · 2008: 5.5pp · 2024: -21.9pp
- All cycles
- 2024: R+21.9 2020: R+18.5 2016: R+17.4 2012: R+0.4 2008: D+5.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -156.35%
- Current HPI
- 239.851
- Rent YoY
- —
- Metro
- Canton-Massillon, OH
- State GDP YoY
- ▲ 1.98%
- F500 in state
- 48
Industry mix (Fortune 500 HQ in OH)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Insurance | 3 | $145B |
|
||
| Industrial Machinery | 3 | $49B |
|
||
| Financial Services | 3 | $24B |
|
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| Consumer Goods | 2 | $93B |
|
||
| Aerospace / Defense | 2 | $47B |
|
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| Utilities | 2 | $33B |
|
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Price history
+347.4% since first listed3 events — show timeline
- 2026-04-17 Listed $85,000 MLSNOW
- 2005-01-06 Sold (Public Records) $262,000 Public Records
- 1990-02-20 Sold (Public Records) $19,000 Public Records
Property tax history
-4.4%/yrLatest (2024): $467 · -11.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…