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2313 Bollinger Ave NE
D- Composite 36.03
Why this score? — see what drove the D- 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 +16.3/30.0
  • DSCR +5.1/10.0
  • 1% rule +3.6/10.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Schools +1.7/10.0
  • ARV discount +0.8/15.0
  • Appreciation +0.0/10.0

$124,900

2313 Bollinger Ave NE · Canton, OH 44705
2 bd · 1.0 ba · 850 sqft · SingleFamily public records · 12 Days on market
Built 1950 6,499 sqft lot Est $109k · 15% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Don't miss this fantastic opportunity! This well-maintained 2-bedroom, 1-bathroom ranch home offers comfortable living. Step inside to find an updated kitchen featuring laminate counters and laminate flooring, with a stove and refrigerator included. The cozy living room area boasts a gas fireplace, perfect for those chilly Ohio evenings. The updated bathroom features a tub/shower kit with storage. Down the hall are two bedrooms with carpet and closet space. The real showstopper? A detached 2.5-car garage — ideal for the hobbyist, car enthusiast, or anyone needing extra storage or workspace. Out back, enjoy a private yard and a beautiful Trex-covered deck with an overhang, perfect for

Key facts

  • Trex-covered deck
  • Gas fireplace
  • Private yard

Tags

UPDATED KITCHENGAS FIREPLACEDETACHED GARAGEPRIVATE YARDTREX-COVERED DECKHIGHWAY ACCESS

Property features AI

Exterior

  • Parking: Detached oversized paved driveway and garage; 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Single-story home; Slab foundation
  • Construction: Vinyl siding; Asphalt/fiberglass roof; Built per public records
  • Exterior features: Covered patio/porch; Deck; Patio

Interior

  • Kitchen: Range; Refrigerator
  • Bedrooms: Two main-level bedrooms
  • Bathrooms: One full bathroom on the main level
  • Heating & cooling: Forced-air gas heating; Central air conditioning
  • Interior features: Gas fireplace in the living room (1 fireplace)
  • Laundry & utility: Main-level laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

  • At list price, monthly cash flow is $70 ($836/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $107k (14.2% below list).
  • Recommended offer: $107k (14.2% below list) — sets the bar for 1% rule.
  • Cap rate 7.0% vs local median 4.9% 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.
  • Zoned schools: Belle Stone Elementary School (324 students, 0% FRL); Crenshaw Middle School (math 10% / reading 19%, grade F, #630 of 654 statewide, top 97%, 774 students, 0% FRL); Mckinley High School (math 8% / reading 29%, grade F, #683 of 781 statewide, top 88%, 2,154 students, 0% FRL) — zoned schools average 0% FRL vs 76% district-wide (76 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents soft (-0.2%/yr); 71 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 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 $864 of loan paydown is wiped out by about $4k 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.

Negotiation context

  • Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $107,158 (14.2% below list)

Questions for the listing agent

  1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  5. 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.
  6. 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.
  7. 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
0.86%
Cap rate
6.96%
Cash-on-cash
2.39%
DSCR
1.11
GRM
9.7

CMA / ARV

ARV (on-the-fly)
$108,800
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2102 Endrow Ave NE 0.16mi 3/1.0 (+1) 850 (0%) 2mo $102,500 $121 86
2414 Endrow Ave NE 0.10mi 3/1.0 (+1) 850 (0%) 13mo $114,296 $134 80
2408 21st St NE 0.68mi 2/1.0 840 (-1%) 2mo $110,000 $131 64
2602 Fletcher Ave NE 0.43mi 2/1.0 888 (+4%) 10mo $115,000 $130 64
1918 Midway Ave NE 0.28mi 3/1.0 (+1) 864 (+2%) 19mo $117,500 $136 63
2808 Kirby Ave NE 0.68mi 2/2.0 835 (-2%) 3mo $127,000 $152 59
2526 Harmont Ave NE 0.16mi 3/1.0 (+1) 936 (+10%) 15mo $118,500 $127 58
2539 Indiana Way NE 0.70mi 2/1.0 840 (-1%) 14mo $80,000 $95 53
2550 Ellis Ave NE 0.52mi 2/2.0 908 (+7%) 9mo $80,000 $88 53
2634 Kirby Ave NE 0.60mi 2/1.0 908 (+7%) 15mo $116,000 $128 48
2333 23rd St NE 0.74mi 3/1.0 (+1) 932 (+10%) 9mo $66,000 $71 37
2730 Richmond Ave NE 0.71mi 3/1.5 (+1) 936 (+10%) 15mo $117,900 $126 31

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-15.7%
Equity multiple
0.46×
Total profit
$-18,981
Equity at exit
$18,623
10-year hold
IRR
-12.8%
Equity multiple
0.34×
Total profit
$-23,104
Equity at exit
$10,799

Cash invested: $34,972 (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
3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

ZIP-level market 44705

Rents YoY
-0.2%
Active inventory
71
Price-to-rent
9.7×

Monthly cashflow live

Estimated rent
$1,072 medium interval (Pro) →
Mortgage (P&I)
$655
Tax from tax record
$70 /mo · $839/yr
Insurance
$52
HOA
$0
Vacancy / Maint / Mgmt
$225
Net cashflow
$70

Break-even live

Break-even rent $983
Max offer price $124,900
Occupancy floor 88%

Sensitivity live

Price -10% $140 -5% $105 +0% $70 +5% $34 +10% $-1
Rent -10% $-15 -5% $27 +0% $70 +5% $112 +10% $154
Rate -1.0pp $133 -0.5pp $101 base $70 +0.5pp $37 +1.0pp $4

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
$31,225
Closing costs
$3,747
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 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2321 Harmont Ave NE Canton, OH 2.0 1.0 800 $1,200 $1.50 15d 1 0.10mi
2103 Willowrow Ave NE Canton, OH 3.0 1.0 850 $1,000 $1.18 15d 1 0.10mi
1908 Taft Ave NE Canton, OH 2.0 1.0 633 $925 $1.46 45d 1 0.74mi

Listing history 9 events

  1. 2026-06-21
    days on market $124,900 Active 12 DOM
  2. 2026-06-18
    days on market $124,900 Active 9 DOM
  3. 2026-06-17
    days on market $124,900 Active 8 DOM
  4. 2026-06-16
    days on market $124,900 Active 7 DOM
  5. 2026-06-15
    days on market $124,900 Active 6 DOM
  6. 2026-06-14
    days on market $124,900 Active 4 DOM
  7. 2026-06-13
    days on market $124,900 Active 3 DOM
  8. 2026-06-10
    remarks 693-char remark
  9. 2026-06-10
    listed $124,900 Active 1 DOM

ⓘ 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
$839 · $70/mo
Projected year-2 tax
$1,394 · $116/mo
Expected delta
+$555/yr (+$46/mo · 66.2%)

ⓘ 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 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$12,859
− Mortgage interest
−$6,996
− Property taxes
−$839
− Insurance
−$624
− Repairs & maintenance
−$1,029
− Management
−$1,029
− Depreciation
−$3,633
Taxable loss
−$1,291
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$310
After-tax cash flow
$1,146/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

Amenities C+ Commute A+ Cost of living A+ Crime F Employment F Housing A Health & safety C User ratings D+

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)
16,872
Household income
$43,439
Rent vs Own
42.8% rent · 57.2% own
Severe rent burden
524.0

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
Diverse neighborhood (Simpson 0.60)
Race & ethnicity
White 58% Black 22% Two or more races 13% Hispanic / Latino 9%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2%
Common ancestry
Italian 5% Romanian 4% Lithuanian 2%
Foreign-born
3% · Canada
Languages at home
97% English-only · Spanish 2% German/W. Germanic 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
▼ -200.62%
Current HPI
150.1531
Rent YoY
▼ -0.23%
Metro
Canton-Massillon, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-06-09 Listed $124,900 MLSNOW

Property tax history

+0.4%/yr

Latest (2024): $839 · +5.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…