1610 Connecticut Ave SE · Massillon, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
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
- 15 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 +22.2/30.0
- ARV discount +15.0/15.0
- DSCR +7.1/10.0
- 1% rule +5.0/10.0
- Rent growth +4.0/5.0
- Schools +4.0/10.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$76,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Loved and cared for by the same owner for years, this adorable and cozy 1-bedroom ranch home in the City of Champions is looking for a new owner. Located close to Massillon Tiger Stadium and schools, restaurants, shopping, and more. The home would be a great addition to your investment portfolio or for your personal home. Sitting on just under 1/2 an acre with 4 parcels that will transfer with the home. Beautifully landscaped with a private fenced-in patio and koi pond. The home has a newer metal roof and windows. Bring your personal TLC and make this cute home yours. Selling AS- IS to settle an estate.
Key facts
- Koi pond
- Newer windows
- Newer metal roof
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath single-family listed at $77k.
Deal economics
- At list price, monthly cash flow is $125 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($771 rent vs $77k).
- Recommended offer: $76k (1.5% below list) — sets the bar for market timing.
- Cap rate 8.2% vs local median 3.9% in Massillon — 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 74/100 on livability (#306 in OH, #4,928 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: employment C-, amenities F, commute F.
- Massillon City (urban): math 43% / reading 52% proficiency, ranked #487 of 656 in OH (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+6.0%/yr); 209 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 528 units permitted in Stark County in 2024 (84 in 5+ unit buildings).
- This rent is only 13% of the median local income ($69k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $532 of loan paydown is wiped out by about $2k 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 + 6.0% rent growth), your $22k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 20 days — a 2% lower offer ($76k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $21k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $26k; list at $77k implies a 190% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1957 — 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.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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
- 1.00% ✓
- Cap rate
- 8.25%
- Cash-on-cash
- 6.99%
- DSCR
- 1.31
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $107,820
- List price
- $76,900
- Delta
- -28.68%
- Verdict
- UNDERPRICED
- Comps
- 7 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1610 Connecticut Ave SE | 0.00mi | 1/1.0 | 576 (0%) | 1mo | $80,000 | $139 | 100 |
| 906 13th St SE | 0.68mi | 2/1.0 (+1) | 558 (-3%) | 19mo | $44,000 | $79 | 42 |
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 · 6.04% rent growth · sell at horizon
- IRR
- -2.5%
- Equity multiple
- 0.90×
- Total profit
- $-2,064
- Equity at exit
- $11,466
- IRR
- 10.1%
- Equity multiple
- 1.88×
- Total profit
- $19,032
- Equity at exit
- $6,649
Cash invested: $21,532 (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 44646
- Rents YoY
- 6.0%
- Active inventory
- 209
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $771 high interval (Pro) →
- Mortgage (P&I)
- −$403
- Tax from tax record
- −$49 /mo · $586/yr
- Insurance
- −$32
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$162
- Net cashflow
- $125
Break-even live
Sensitivity live
| Price | -10% $169 | -5% $147 | +0% $125 | +5% $104 | +10% $82 |
|---|---|---|---|---|---|
| Rent | -10% $64 | -5% $95 | +0% $125 | +5% $156 | +10% $186 |
| Rate | -1.0pp $164 | -0.5pp $145 | base $125 | +0.5pp $105 | +1.0pp $85 |
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
- $19,225
- Closing costs
- $2,307
- 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 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 610 Wellman Ave SE Unit 610 Wellman 2nd Floor Massillon, OH | 1.0 | 1.0 | 700 | $625 | $0.89 | 22d | 1 | 0.56mi |
| 429 Parkview St NE Unit 2 Massillon, OH | 1.0 | 1.0 | 525 | $825 | $1.57 | 14d | 1 | 0.60mi |
| 2200 Harsh Ave SE Massillon, OH | 1.0–2.0 | 1.0–1.5 | 811 | $899 | $1.11 | 14d | 1 | 0.62mi |
| 308 Erie St S Unit 17 Massillon, OH | 2.0 | 1.0 | 700 | $635 | $0.91 | 14d | 1 | 0.94mi |
| 308 Erie St S Unit 17 Massillon, OH | 2.0 | 1.0 | 700 | $625 | $0.89 | 44d | 1 | 0.94mi |
| 182 Bernower Ave SW Massillon, OH | 2.0 | 1.0 | 750 | $900 | $1.20 | 22d | 1 | 1.16mi |
| 2851 Lincoln Way E Massillon, OH | 1.0–2.0 | 1.0–2.0 | 875 | $800 | $0.91 | 14d | 1 | 1.17mi |
Listing history 6 events
-
2026-05-04status Pending 610-char remark
Show marketing remark (610 chars)
Loved and cared for by the same owner for years, this adorable and cozy 1-bedroom ranch home in the City of Champions is looking for a new owner. Located close to Massillon Tiger Stadium and schools, restaurants, shopping, and more. The home would be a great addition to your investment portfolio or for your personal home. Sitting on just under 1/2 an acre with 4 parcels that will transfer with the home. Beautifully landscaped with a private fenced-in patio and koi pond. The home has a newer metal roof and windows. Bring your personal TLC and make this cute home yours. Selling AS- IS to settle an estate.
-
2026-04-20status Active 610-char remark
Show marketing remark (610 chars)
Loved and cared for by the same owner for years, this adorable and cozy 1-bedroom ranch home in the City of Champions is looking for a new owner. Located close to Massillon Tiger Stadium and schools, restaurants, shopping, and more. The home would be a great addition to your investment portfolio or for your personal home. Sitting on just under 1/2 an acre with 4 parcels that will transfer with the home. Beautifully landscaped with a private fenced-in patio and koi pond. The home has a newer metal roof and windows. Bring your personal TLC and make this cute home yours. Selling AS- IS to settle an estate.
-
2026-04-20price $76,900 610-char remark
Show marketing remark (610 chars)
Loved and cared for by the same owner for years, this adorable and cozy 1-bedroom ranch home in the City of Champions is looking for a new owner. Located close to Massillon Tiger Stadium and schools, restaurants, shopping, and more. The home would be a great addition to your investment portfolio or for your personal home. Sitting on just under 1/2 an acre with 4 parcels that will transfer with the home. Beautifully landscaped with a private fenced-in patio and koi pond. The home has a newer metal roof and windows. Bring your personal TLC and make this cute home yours. Selling AS- IS to settle an estate.
-
2026-04-13status Pending 610-char remark
Show marketing remark (610 chars)
Loved and cared for by the same owner for years, this adorable and cozy 1-bedroom ranch home in the City of Champions is looking for a new owner. Located close to Massillon Tiger Stadium and schools, restaurants, shopping, and more. The home would be a great addition to your investment portfolio or for your personal home. Sitting on just under 1/2 an acre with 4 parcels that will transfer with the home. Beautifully landscaped with a private fenced-in patio and koi pond. The home has a newer metal roof and windows. Bring your personal TLC and make this cute home yours. Selling AS- IS to settle an estate.
-
2026-04-07$97,700 Active 610-char remark
Show marketing remark (610 chars)
Loved and cared for by the same owner for years, this adorable and cozy 1-bedroom ranch home in the City of Champions is looking for a new owner. Located close to Massillon Tiger Stadium and schools, restaurants, shopping, and more. The home would be a great addition to your investment portfolio or for your personal home. Sitting on just under 1/2 an acre with 4 parcels that will transfer with the home. Beautifully landscaped with a private fenced-in patio and koi pond. The home has a newer metal roof and windows. Bring your personal TLC and make this cute home yours. Selling AS- IS to settle an estate.
-
1999-07-23soldstatus $26,500
ⓘ 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
- $586 · $49/mo
- Projected year-2 tax
- $893 · $74/mo
- Expected delta
- +$307/yr (+$26/mo · 52.4%)
ⓘ 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 · 15 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
- $9,258
- − Mortgage interest
- −$4,308
- − Property taxes
- −$586
- − Insurance
- −$384
- − Repairs & maintenance
- −$741
- − Management
- −$741
- − Depreciation
- −$2,237
- Taxable income
- $262
- Est. tax owed @ 24.0%
- −$63
- After-tax cash flow
- $1,441/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
- Massillon City
- NCES district ID
- 3904435
- Math proficiency
- 43% ▼ -14.00%
- Reading proficiency
- 52% ▼ -11.00%
- Median HH income
- $38,094
- Composite
- 39.54/100
- National rank
- #3941
- State rank
- #487 of 656 in OH
Livability — Massillon
- Score
- 74/100
- State rank
- #306
- US rank
- #4928
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Massillon, OH
- County
- Stark County · 272,865 people
- City population
- 65,858
- Metro
- Canton-Massillon, OH
- Population (ZIP)
- 47,741
- Household income
- $69,179
- Rent vs Own
- Severe rent burden
- 1011.0
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 (86%)
- Race & ethnicity
- White 86% Black 7% Two or more races 5% Hispanic / Latino 3% Asian 1%
- Common ancestry
- Lithuanian 3% Romanian 2% Scandinavian 2%
- Foreign-born
- 2% · Canada, China
- Languages at home
- 97% English-only · Spanish 1% Other Indo-European 1%
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
- ▼ -190.31%
- Current HPI
- 217.8955
- Rent YoY
- ▲ 6.04%
- 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
+190.2% since first listed6 events — show timeline
- 2026-05-04 Pending — MLSNOW
- 2026-04-20 Relisted — MLSNOW
- 2026-04-20 Price Changed $76,900 MLSNOW
- 2026-04-13 Pending — MLSNOW
- 2026-04-07 Listed $97,700 MLSNOW
- 1999-07-23 Sold (Public Records) $26,500 Public Records
Property tax history
-3.6%/yrLatest (2024): $586 · -8.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…