2313 Bollinger Ave NE · Canton, 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
- 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
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- Built in 1950 — 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?
- 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?
- 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
- 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
- IRR
- -15.7%
- Equity multiple
- 0.46×
- Total profit
- $-18,981
- Equity at exit
- $18,623
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-21days on market $124,900 Active 12 DOM
-
2026-06-18days on market $124,900 Active 9 DOM
-
2026-06-17days on market $124,900 Active 8 DOM
-
2026-06-16days on market $124,900 Active 7 DOM
-
2026-06-15days on market $124,900 Active 6 DOM
-
2026-06-14days on market $124,900 Active 4 DOM
-
2026-06-13days on market $124,900 Active 3 DOM
-
2026-06-10remarks 693-char remark
-
2026-06-10$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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Insurance | 3 | $145B |
|
||
| Industrial Machinery | 3 | $49B |
|
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| Financial Services | 3 | $24B |
|
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| Consumer Goods | 2 | $93B |
|
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| Aerospace / Defense | 2 | $47B |
|
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| Utilities | 2 | $33B |
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Price history
1 event — show timeline
- 2026-06-09 Listed $124,900 MLSNOW
Property tax history
+0.4%/yrLatest (2024): $839 · +5.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…